Near North Side Chicago Real Estate Market Update

When talking about the “Near North Side” Community in Chicago keep in mind that this includes the Gold Coast, Streeterville, River North and Old Town neighborhoods.  This is a look at current listings as well as under contract and sold properties over the past 6 months.  I think these statistics are important for buyers and sellers to get a sense of what is going on in their community.  Numbers don’t lie.  These are fairly simple to interpret but I can be reached if you have questions.  Also, if you’d like me to provide statistics for your area just let me know….I’d be happy to help.  We’re taking a look at Type 1 and Type 2 properties as well as median vs. average sales/list prices.  Another important Market factor is absorption rate.  I recently looked at absorption rates for 10 Chicago Communities including the Near North Side.