Home-Brews & Data Prove Popular in Chicago

Last night was Chicago’s first Red Carpet Event, and a good time was had by all. While sipping (guzzling?) some of Goose Island Brew Pub’s finest home-brewed offerings, our guests absorbed quite a bit of the home-buying nitty-gritty, from the beginning of the process to search, evaluation, negotiation and on to the close of their home purchase. After the class, the party continued with more pitchers, great food and even better questions, answers and just plain excellent conversation.

Chicago Red Carpet Event

For those of you who missed it, you can download the slides here. Warning: it’s a big file. Or if you want to come to the next one, it’s August 13th. You can get more info and RSVP here. I’m Mark Reitman, Redfin’s intrepid Market Manager in newly opened Chicago, and I’ll be there in August too.

And though we can’t share the home-brews with you on the blog, here’s data on recent Chicago home sales. Enjoy!

Chicago Single Family Homes sold in May & June 2008

Neighborhood # Deals Final v. List Average Price
Rogers Park houses 3 93.6% $404,833
West Ridge houses 12 93.6% $404,958
Uptown houses 1 90.3% $1,801,000
Lincoln Square houses 6 96.2% $762,500
North Center houses 16 97.1% $883,734
Lake View houses 11 93.1% $985,818
Lincoln Park houses 13 93.7% $1,749,865
Near North Side houses 0 n/a n/a
Albany Park houses 12 95.0% $470,625
Portage Park houses 28 95.9% $295,964
Irving Park houses 16 94.9% $415,078
Logan Square houses 13 94.1% $582,915
West Town houses 7 93.2% $573,143
Near West Side houses 0 n/a n/a
Loop houses 0 n/a n/a
Near South Side houses 1 92.8% $760,000
Edgewater houses 7 95.6% $740,786

Chicago Condos Sold in May & June 2008

Neighborhood # Deals Final v. List Average Price
Rogers Park condos 81 96.6% $286,094
West Ridge condos 47 96.8% $304,519
Uptown condos 178 97.0% $303,751
Lincoln Square condos 93 97.3% $285,964
North Center condos 74 97.3% $285,747
Lake View condos 426 97.7% $372,410
Lincloln Park condos 225 96.8% $464,262
Near North Side condos 485 98.6% $582,948
Albany Park condos 38 97.5% $229,811
Portage Park condos 14 94.6% $188,339
Irving Park condos 32 95.6% $264,406
Logan Square condos 107 98.5% $350,875
West Town condos 250 97.5% $395,328
Near West Side condos 226 99.9% $460,790
Loop condos 154 99.7% $449,851
Near South Side condos 357 108.6% $525,498
Edgewater condos 121 96.7% $239,991
  • Pingback: Chicago Pricing Data at Home-Buying Class August 13th | Redfin Chicago Sweet Digs

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