Start your University Village/Little Italy home search here.
University Village/Little Italy
Housing Type: Condo
There haven't been many changes from last month. There was one quick sale in the $400-500k range, but the one that is under contract has a market time of 122 days. Sellers can still expect their listing to take a few months. A seller who can't wait that long can take measures towards a fast sale by pricing the home at or just below value and taking care to stage and market the home carefully. The median sales price for condos was $330,000.
Price Range: $400,000-$800,000
University Village/Little Italy
Housing Type: Townhome
We saw some quick sales in the $500-600k range, 25 and 9 days respectively. However, with a few new listings the inventory levels are inching closer to balanced. They are still on the side of a seller's market, which means prices are still on the incline and there is room for some more listings, but this trend seems to be slowing. The median sales price for townhomes was $569,250.
Price Range: $400,000-800,000
Price Range: $800,000+
University Village/Little Italy
Housing Type: Single Family
There have been no changes among the single family homes that are available. The one that sold did so for $1,355,000.
Price Range: $800,000+
Start your University Village/Little Italy 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 doesn't have houses) 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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