Is 900-910 Lake Shore Drive Condominium, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 900-910 Lake Shore Drive Condominium was a Seller's Market.
Housing Prices in 900-910 Lake Shore Drive Condominium, IL
How much do homes in 900-910 Lake Shore Drive Condominium, IL cost?
Median Sold Price
$327,500
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 900-910 Lake Shore Drive Condominium was $327,500 in April 2024, down 11.8% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $261K | +11.1% |
2 Bedrooms | $407.5K | $327.5K | -19.6% |
3 Bedrooms | $967.5K | $577.5K | -40.3% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: 900-910 Lake Shore Drive Condominium housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes decreased by 19.6%, 3 bedroom homes decreased by 40.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Streeterville | $455.5K | $464.3K | +1.9% |
Near North Side | $436.5K | $420.3K | -3.7% |
900-910 Lake Shore Drive Condominium | $371.2K | $327.5K | -11.8% |
Housing Supply in 900-910 Lake Shore Drive Condominium, IL
How many homes are available in 900-910 Lake Shore Drive Condominium, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Summary: The 900-910 Lake Shore Drive Condominium real estate market had 13 homes for sale in April 2024, a 18.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 2 | 1 | -50.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 900-910 Lake Shore Drive Condominium housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 900-910 Lake Shore Drive Condominium in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 900-910 Lake Shore Drive Condominium, IL
How long does it take to sell a home in 900-910 Lake Shore Drive Condominium, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 75 Days | +11.9% |
Summary: Homes in 900-910 Lake Shore Drive Condominium had an average of 75 days on market in Apr 2024, up by 11.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in 900-910 Lake Shore Drive Condominium; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.