Seasonality amid a rehabbing market is in full effect in Chicago

The ups and downs of selling in Chicago in November
  • Home sales were off 1.4 percent in Chicago.
  • Prices were up slightly across Chicagoland and the state.
  • Inventories slid by double digits.

The city of Chicago saw sales slide a little bit over this time last year. In November 2015, 1,615 homes changed hands. That’s a drop of 1.4 percent from last November, when 1,638 homes were sold. The median price of a home in Chicago proper was $235,000, up 2.2 percent over November 2014 when the median price was $230,000.