First look at 3Q data: Nothing to see here

The first look at third quarter home sales in Chicago shows no major citywide changes in sales volume or selling prices:

  • Sales of single family detached homes are essentially flat; 9,061 homes sold in the third quarter, compared to 9,076 in the second quarter.
  • Sales of condominiums and townhomes rose slightly, from 5,965 in 2Q to 6,125 in 3Q, a gain of 2.7%.
  • The median selling price of a single family detached home increased $2,500 to $262,500.
  • The median selling price of a condominium or townhome increased $5,000 to $170,000.

Larger charts of the city and 20 neighborhoods have been updated on the Data and Analytics page. For a more detailed look at the Chicago housing market, please subscribe to Chicago Housing Quarterly.

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