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Chicago’s Top-Selling Neighborhoods in 2014

by Peter Thomas Ricci

What neighborhoods in the Second City saw the most sales activity in 2014?

chicago-top-selling-neighborhoods-2014-near-north-ashburn-lincoln-park-lakeview-south-loop

Creative Commons 2.0: Eric Kilby, http://commons.wikimedia.org/wiki/File:Chicago_-_Aerial_Night_View.jpg

Last week, we reported on the top-selling neighborhoods in Chicago in December, and that once again, the Near North Side came out on top.

Was that the case for all of 2014, though? In short: By a mile!

Using the same numbers from Redfin’s Market Tracker, we found the following about Chicago’s neighborhoods last year:

  • The Near North Side saw more than 1,000 sales in 2014 than Chicago’s No. 2 neighborhood, West Town.
  • Near North’s sales came almost entirely from condo/townhouse sales, where it saw nearly twice the sales of second-place West Town.
  • Lincoln Park was the only neighborhood that had a presence in both the detached and attached housing markets; it boasted the tenth-most detached sales and the third-most attached (and the third-most overall).
  • And finally, the strong presence of West and South Side areas confirm just how strongly those areas have grown in the post-bubble marketplace.

Check out our graph below to see all the numbers!

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