Wednesday, January 06, 2016

Whoa! 2015 North Center condo unit sales UP 76% over 2012, 23% year to year

Many condo buildings line North Lincoln Avenue in North Center community area on Chicago's North Side. All Photos Eric Rojas, Broker, Kale Realty
 North Center is known to be red hot for new single family home construction and sales for several years now.  Most single family homes offered for sale top $1,000,000.  Let's see if condo sales and prices are keeping pace in this popular North Side area.

2015 attached unit sales (condo, town house) in North Center

433 North Center attached units were recorded sold in the MLS for all of 2015. Unit sales are up 23% year to year.  The median price of an attached home in 2015 is about $389,000. Median price is up about $50,000 year to year.  In 2014, 334 units closed with a median price of $338,000

  • 375 units sold in 2013 with median price of $355,000
  • Only 246 units sold in 2012 with median price $347,000

Several new construction projects came online boosting 2015 sales numbers.

We just listed an affordable North Center two bedroom condo at 3633 N Damen Ave #3 this week for $219,900. Check it out!

More North Center market posts here

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