Current real estate market for Chicago's Chatham neighborhood

According to from the MRED MLS, in the last 30 days there were 20 closed sales of detached single family homes, 17 went under contract and there were 28 new listings

In the last 12 months median sales prices increased +6.2%

Marketing Time is has increased slightly 0.8% to an average of 123 days on the market

Currently there is 6.8 Months Supply of Inventory at the current level of absorption. This level is considered an oversupply.

Bank Owned and Short Sales account for approximately 45% of total sales

Citywide Services performs residential real estate appraisals in Chicago's Chatham neighborhood. Appraisals for divorce, estate, bankruptcy, tax appeal, bail bonds, and for sale by owner. Call 312.479.5344 www.appraisercitywide.com