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Chicago’s Top-Selling Neighborhoods

by Peter Thomas Ricci

Where, in our vast urban housing landscape, did agents sell the most homes?

chicago-top-selling-neighborhoods-near-north-lincoln-park-lakeview-ashburn

Creative Commons 2.0: Anne Rossley, http://commons.wikimedia.org/wiki/File:Fremont_Rowhouses.jpg

Earlier this week, we reported on the top-selling suburbs across Chicagoland, and now we’re back (armed with additional data from Redfin) to report on the city’s top-selling neighborhoods.

The numbers are plainly visible in our infographic below, but here are a few details to keep in mind:

  • Last week, we reported that home sales in Chicago were down by 8.3 percent, and that decline was quite evident in the numbers we analyzed.
  • For instance, Near North was still the top-selling neighborhood by a wide margin, but its January sales were down 24.5 percent; similarly, sales were down 36.7 percent in Lincoln Park, 34.51 percent in West Town and 45 percent in the South Loop.
  • The single-family sector also saw sales slip; in the mighty Ashburn, sales were down 40.81 percent, while they fell 44.12 percent in Norwood Park.

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