Found 1 blog entry tagged as market report.

Chicago Condo Sales UpChicago condo sales have been assisting the local real estate market with its recovery. In fact, this is the strongest the local real estate market has been since 2006 due to a surge Chicago condo sales in December. A combination of sales for attached and detached homes in the seven-county metro area were up 20% year-over-year, while the sales of attached homes climbed 23%.

According to MRED (Midwest Real Estate Data), the regional multiple listing service, there’s good news across the board when it comes to Chicago real estate. They found that sales prices are moving in tandem with the number of sales: up. In December, the median sales price of all homes sold was 5.5% higher than a year before. The median price for an attached home saw even greater…

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