Chicagoland Weekly Market Watch
April 27 - May 4, 2020
There were 2,774 closings this week. That is up from the previous week of 1,913, but down from this week a year ago.
There were 3,082 homes that went under contract this week. That is up from the 2,961 the previous week, but down from 2019.
There were 5,820 homes that hit the market this week. That is up from the 5,062 the week before, but down from the 8,487 of 2019.
The Median Sales Price of $253,500 is up from the previous week of $250,000. It is also up from this same time in 2019 ($237,900)
As you can see, the real estate market is holding strong during all of the Covid craziness.
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