Edgewater Real Estate Market

Homes For Sale in Chicago’s Edgewater Neighborhood

Recent Listings

$210,000
Single Family Home For Sale
Active Under Contract
3
BEDS
1
TOTAL BATH
1,048
SQFT
4342 Edgewater Avenue
Hillside, IL 60162
 
$500,000
Single Family Home For Sale
Active Under Contract
4
BEDS
3
TOTAL BATHS
2,657
SQFT
8118 Edgewater Road
North Riverside, IL 60546
 
New Listing - 4 days online
$204,900
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
900
SQFT
5932.5 N Paulina Street #G
Chicago, IL 60660
 
New Listing - 6 days online
$319,900
Condo For Sale
Active
2
BEDS
1
TOTAL BATH
1,100
SQFT
5235 N Ravenswood Avenue #26
Chicago, IL 60640
Andersonville Subdivision
New Listing - a week online
$183,900
Condo For Sale
Active
1
BED
1
TOTAL BATH
1738 W Foster Avenue #3F
Chicago, IL 60640
 
New Listing - 2 weeks online
$189,000
Condo For Sale
Active
1
BED
1
TOTAL BATH
800
SQFT
1738 W Foster Avenue #2F
Chicago, IL 60640
 
$1,495,000
Single Family Home For Sale
Active Under Contract
4
BEDS
4
TOTAL BATHS
4,100
SQFT
1738 W Farragut Avenue
Chicago, IL 60640
 
Price Change - a week ago
$624,500
Multi-Family For Sale
Active
6
BEDS
5439 N Ravenswood Avenue
Chicago, IL 60640
 

Market Data & Trends for Edgewater

After skyrocketing in the late summer of 2008 and continuing through February 2009, Edgewater’s condo inventory has settled down dramatically. The chart below shows that Edgewater’s inventory of 2 – 3 bedroom condos bumped up after the expiration of the tax credit but has since shown improvement over last year. This improvement is largely a result of far fewer condos on the market compared to previous years. However, the inventory levels have not yet reached the record lows that they have in Chicago overall.

Edgewater’s average market times seem to have dropped significantly since November. However, this is merely an anomaly, caused by the expiration of numerous listings at 1122 W. Granville, which had market times of around 1520 days. It just goes to show you the danger of looking at averages. Since then market times don’t look too bad. In fact, Edgewater’s market times are much lower than for Chicago overall.

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