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The Top-Selling Neighborhoods in Chicago

by Peter Thomas Ricci

Where, in Chicago’s vast urban landscape, were home sales the highest?

chicagoland-home-sales-january-2015-mred-chicago-mainstreet-association-realtors

Creative Commons 3.0: Silverstone1, http://commons.wikimedia.org/wiki/File:Summer_2006_0882.jpg

Last week, we reported on the top-selling suburban communities in Chicagoland, and now, courtesy of the same exclusive monthly data from our friends at Redfin, we’re back to look at the city’s neighborhoods.

First, here is a graph that looks at total home sales across the city:

ChicagoNeighborhoodHomeSales-01

As usual, the Near North Side was far ahead of the pack, nearly doubling the sales of second-place Lincoln Park.

When we isolate the numbers for single-family home sales, though, the situation changes radically:

ChicagoNeighborhoodHomeSales-02-02-02

Ashburn, which was the No. 7 selling community for total sales, is easily the top-selling in the single-family sphere, with 81 percent more sales than second-place Garfield Park.

And when we focus on condos and townhomes, the numbers change even further:

ChicagoNeighborhoodHomeSales-03

Unsurprisingly, the Near North Side sits comfortably atop, though the Near West Side vaults ahead of Lincoln Park, which was the No. 2 overall market in the city.

 

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