Last month, we saw some subtle signs suggesting that the craziness was on its way out. And now that the numbers are in for July’s home sales, we’ve got more data to prove it.

The frenzy isn’t over just yet. June’s numbers are in, and they look a lot like May’s. Chicago is still in the midst of a hot real estate market characterized by ultra fast market times.

Congrats to the sellers setting new sale price records in their buildings this spring. And congrats to the buyers who were quick and savvy enough to snag a place. If you’re thinking about buying or selling soon and aren’t sure how to navigate this crazy market, we’re here to help.

Last month, we gave it to you straight - the Chicago real estate market has entered a new phase of unparalleled competitiveness. And April showed no sign of letting up.

March 2017 was characterized by rising home prices and a drastic decline in the average time that listings spend on the market before going under contract. And as predicted, the supply of homes for sale is still at an all-time low.

​Chicago’s spring real estate market has arrived- and it’s booming!