Published October 8, 2021

Fall Market Report

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Written by One Corner

Fall Market Report header image.

Fall Market is here. At One Corner, we want to ensure all of our clients are up to date on the real estate market so that they can make the best decisions for themselves and their family.

 

Chicago Condo Report

Below is what we’re seeing in the Chicago condo market when comparing numbers from the beginning of summer, to the beginning of fall. 

  • 1% increase in homes for sale

  • 7% decrease in condos under contract

  • 1% decrease in sold prices.

The market is starting to cool slightly from the height of the pandemic. Good news for buyers is that interest rates are still at historic lows!

 

Chicago Single Family Homes Report

Below is what we’re seeing in the Chicago single family home market when comparing numbers from the beginning of summer, to the beginning of fall. 

  • 24% increase in homes for sale.

  • 17% decrease in homes under contract

  • 4% decrease in sold prices.

More single family homes are on the market now then at the beginning of the summer. If you've been thinking about selling, get in touch with us so we can update you on the value of your home in today's market.

 

NW Chicagoland Report 

Below is what we’re seeing in the NW Chicagoland market when comparing numbers from last year to this year to date. 

  • 3% increase in homes on the market

  • 4% decrease in homes under contract

  • 2% increase in sold prices.

Low inventory continues to be a problem for buyers across our area. Uncertainty due to the pandemic and economy has caused home owners to put off selling their home. This amid low interest rates has led to a competitive market for buyers. 

 

Want to know how you can get an edge in today's market or have questions about the Real Estate Market? Contact Us today!


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