March’s data for both Single-Family Homes and Condos shows greater price increases and inventory sold by more than 25% and 34%, respectively from the previous month’s data.
This is good news as our Spring Season is officially underway. Overall, inventory is approximately the same as this period one year ago; Single-Family Homes are up over 8.5% and Condos are up 8% for the Chicagoland area. This is a great improvement from March of 2025 versus 2024.
If you are planning to sell this Spring, now may be an opportune time to list while competition is relatively low. It is important to not only time your sale strategically, but to also seek advice on how to market/show your property and its attributes correctly to gain the most exposure and achieve the best price.
What are your thoughts on buying or selling your home in the current economic landscape?
