Months Supply of Inventory

For residential properties, inventory throughout the city is low, with sales and under contract properties on the rise. With all three categories, detached, attached and multi-units seeing a months supply of inventory at about three months, properties are moving off the market quickly as demand in key markets pick up. […]

Monthly Statistics   Recently updated !

Chicago area real estate statistics for residential and commercial properties have been updated for the past twelve months ending in Oct 2011.   Contracts written is up for both residential and commercial properties. Months supply of inventory is also lower, although for several property types the drop has been […]

Oct Monthly Statistics

The Illinois Association of REALTORS® (IAR) has discovered a technical error related to inconsistent data reporting that has resulted in inaccurate median price and sales volume reports for single-family homes and condominiums specifically and solely for the city of Chicago. This unintentional technical error only relates to city of Chicago […]

Erroneous Data