I break down what’s really happening in the Chicago and Northwest Side real estate market. No fluff, just the key trends that matter so you know when to move, hold, or make your next move.
Median Sale Price: $360,000
Average Days on Market: 47 days (+6.8%)
Inventory Level: 2 months (+17.6%)
Closed Sales: 74,040 ( -3.2%)
This snapshot gives you the real pulse of the market so you can make smart moves, not guesses.
The Chicagoland market is still competitive, but it’s shifting.
Median prices remain strong at $360,000, and demand is steady. Homes are taking an average of 47 days to sell — a touch longer than before, but still moving.
Inventory is up to 2 months, which means more choices for buyers, but still nowhere near a “buyer’s market.” Closed sales are down 3.2%, showing that some buyers are waiting, but serious buyers are acting.
I break down what this means for your timeline, your goals, and your next move — whether you’re buying, selling, or investing.
The right move depends on your goals.
With prices steady, days on market slightly longer, and inventory ticking up, this is a good time to make a strategic move — not an emotional one.
If you want a clear, simple plan for your situation — buying, selling, or investing — I’ll break it down for you.
No guessing. No confusion. Just straight guidance so you can make the smartest move.
John Castelli
Designated Managing Broker
Castelli Management, LLC.
License # 471.001618
Firm License # 481.011352
Virtual Office License # 495.000034
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