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NOVY KNOWS CHICAGO

Market Watch.

Chicago housing numbers, translated into useful next steps for your block, home, and plans.

Ask Joshua about your market

SEPTEMBER 2026 • MARKET CONTEXT

The citywide view is a starting point.

A Chicago-wide median can tell you where the broader market has been. It cannot price a two-flat in Lincoln Square, compare condos in Ravenswood, or tell you what a particular buyer will pay for your home. Property type, condition, block, inventory, and timing all matter.

The Chicago Association of REALTORS® publishes a monthly city snapshot. See the latest official market report, then let’s put those numbers in context for the neighborhood and property you care about.

WHAT I WATCH

Four signals. One useful conversation.

I look at the mix of homes available and the pace at which comparable homes move. Then we can talk about a strategy that fits your specific search or sale.

Available homes

What is actually competing for attention in your price range and area?

Recent sales

Which nearby closings are truly comparable, and which are not?

Market time

How long do similar properties take to find the right buyer?

Price and terms

List price is one part of the story. Condition, concessions, and contract terms matter too.

YOUR NEXT MOVE

Make the data personal.

If you are buying, we can narrow the search to the homes and neighborhoods that fit your life. If you are selling, we can compare your property with recent local activity and build a thoughtful pricing and presentation plan.

Source: Chicago Association of REALTORS® monthly city snapshots. Market conditions change; neighborhood and property-specific analysis should use current comparable listings and sales.

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