Most Condos Still Selling Quickly in Museum Park: Neighborhood Update

By
Real Estate Agent with RE/MAX Premier Properties

Start your Museum Park at Central Station home search here.

Museum Park at Central Station

Housing Type: Condo

As in past months we are still seeing some quick sales among the condos. No matter what market we are in though a short market time is never guaranteed. One home took just under a year to sell. It was originally listed at $1,025,000 and finally sold for $835,000. That's a $190,000 difference. The home looks like it was staged well and a lot of care went into presenting it well. With north, west, and south exposure I'm sure it was easy to make the home bright and inviting. However, being on the 6th floor of a 62 story tower and clearly having some windows that face neighboring homes probably didn't help its market time much either. The median sales price for condos in Museum Park was $520,000.

 

Price Range: $400,000-$800,000

Museum Park/Central Station Chicago Real Estate Market Trends

Museum Park/Central Station Chicago Real Estate Market Trends

Price Range: $800,000+

Museum Park/Central Station Chicago Real Estate Market Trends

Museum Park/Central Station Chicago Real Estate Market Trends

  

Museum Park at Central Station

Housing Type: Townhome

There have been no changes among the townhomes.

 

Price Range: $400,000-800,000

Museum Park/Central Station Chicago Real Estate Market Trends

Price Range: $800,000+

Museum Park/Central Station Chicago Real Estate Market Trends

 

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.

 


For information about real estate in Chicago or resources in your area please contact us and sign up for our free market report!

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Illinois Cook County Chicago Museum Park at Central Station
Groups:
ActiveRain Network Referral Base
Chicagoland and Northern Illinois Real Estate
Local Expert
Market Reports
Hyper-Local
Tags:
condo
chicago
market
update
condominium
townhouse
trends
real estate
south loop
museum park
townhome

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
191,812

Terri Buseman

Downtown Chicago
Ask me a question
*
*
*
*
Spam prevention

Additional Information