Chicago home sales slumped a little in the fourth quarter last year, but remained slightly above their year-ago levels.
- 7,618 houses sold, about 5% above year-ago levels but 17% below the strong third-quarter reading
- The median selling price of houses citywide was $155,000, slightly below last quarter and below the same quarter last year
- 4,525 condominiums or townhomes sold, about 4% above year-ago levels but 22% below the strong third-quarter reading
- The median selling price of condominiums and townhomes was $209,500, 14.5% below last quarter and 13.5% below a year ago.
The median selling price of condominiums is the lowest since well before the housing boom (before neighborhood level data were available).
These market stats, as well as similar stats and charts for 20 top neighborhoods, are available in Chicago Housing Quarterly.
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