Start your Museum Park at Central Station home search here.
Museum Park at Central Station
Housing Type: Condo
Month's supply of inventory is up just a touch from last month, bringing the $1-2m range to what would typically be considered a balanced market. However, condos are still hot in Museum Park with super low market times averaging about a month. In fact, Crain's wrote about it just this morning, stating that in the first six months of the year condos in the Near South Side have sold for an average of 99.8% of the original asking price. The median sales price of condos in Museum Park was $466,000.
Price Range: $400,000-$800,000
Price Range: $800,000+
Museum Park at Central Station
Housing Type: Townhome
A touch more inventory is more than welcome among these homes. It's still a tough market for buyers. With only one home to choose from in their price range, in some cases, if it has qualities that could be a deal killer like the master on a different level than the additional bedrooms or not enough garage parking buyers could decide to stay on the fence or look in a different neighborhood. However, many of these homes are attractive to families, so the buyer who wants to move before the school year will have to snatch something up if he wants a townhome in this neighborhood. The median sales price for townhomes in Museum Park was $731,750.
Price Range: $400,000-800,000
Price Range: $800,000+
Start your Museum Park at Central Station home search here.
*In this blog series we focus on one of twenty neighborhoods in Chicago, each day, and provide charts to give you a brief update on the activity that neighborhood has seen over the past month in a variety of price ranges for Single Family Homes, Townhouses, and Condos, as available.
When looking at these charts please keep in mind that not every housing type is available in every neighborhood (the Loop only has condos) and some homes compete within even smaller subsections than these, meaning we can dig even further in this data. Please let me know if you would like a personal assessment of your target market.
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