Market Snapshot

Chicago MSA

Real-time leading indicators • updated weekly  Full dashboard

Homes are listing at $339,904 on average, and half go under contract in 21 days. They sell for 97.1% of their original asking price.

30

Much hotter than average

Blended from 4 county markets, weighted by listing volume.

Heat index blends days on market, sale-to-list price, and pendings-to-listings absorption. The score is relative to the current market in the rest of the state (0 = state average).

Market heat30
CoolerHotter
Days on market17
Sale-to-list price97%
Pendings-to-listings90%

This week's storylines

Real-time market profile

Median List Price

$339,904 Latest week
• Flat Trend

Median Sale Price

$306,490 Latest week
• $315,000 Previous week

Percent of Original Asking Price

97.1% Latest week
• Upward Trend

Listings With Price Cuts

40.7% Latest week
• Upward Trend

Days to Pending

21 Latest week
• Flat Trend

New Pending Sales

247 Latest week
• Flat Trend

Pending in Three Days

16.9% Latest week
• Flat Trend

Active Listings

1,841 Latest week
• Upward Trend

How Chicago MSA compares to counties in this market

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Hotter than 1 of 4 counties in this market, ranked by market heat.

Market Heat DOM Sale-to-list
Jasper County 35 18 98% Porter County 34 15 97% Newton County 32 29 100%
Chicago MSA you 30 17 97%
Lake County 28 18 97%

Put this market to work

Ask Spark about this market “What's driving the recent inventory trend in Chicago MSA?”