Urban Real Estate

Prices, Sales Up Across the City

Prices, Sales Up Across the City

According to the latest data, total number of sales and median prices were largely up across the city in 2016.

For the nine-county area, the median sale price was $222,500, a six percent increase from 2015. For Chicago alone, the price was up 4.2 percent to $272,000.

Sales volume was also up. The region saw a 4.3 perent increase to 116,500 sales while the city saw a total of 28,033 sales, up 1.9 percent.

Crain's breaks down the data with charts and maps here.