Top Mega Teams in Chicago, Illinois – Ranked by Sides

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Rank – City SidesTeam NameCompanyLocationSidesProfile
1The Ben Lalez TeamCompassChicago, IL 311.0View Profile
2Qamar GroupCompassChicago, IL 271.0View Profile
3PCR GroupCompassChicago, IL 230.0View Profile
4The GGL GroupCompassChicago, IL 227.0View Profile
5SERGIO & BANKS@properties Christie’s International Real EstateChicago, IL 178.0View Profile
6Advisors NorthCompassChicago, IL 100.0View Profile
7The Standard GroupCompassChicago, IL 95.0View Profile

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2023 Chicago, Illinois Housing Market Summary

Chicago, Illinois started 2023 with a total of 1,913 single-family homes on the market, with a median home price of $269,000 and an average price per square foot of $199. By the end of the year, inventory had decreased to 1,760 homes on the market (-7%), with a median home price of $299,999 (+11%) and an average price per square foot of $221 (+11%).

At the start of 2023, the median days on market (DOM) was 84 days – by the end of the year, median DOM had remained the same at 84 days.

Chicago started the year with 49% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 44% of Chicago homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Chicago started 2023 as a seller’s market, with an MAI score of 44; by the end of the year, the MAI had dropped to 33 – a balanced buyer and seller’s market.

This market summary is powered by Altos Research – click here to run a free report for your area.

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