Lake View condo sales 2017, median condo price up 20% since 2012

Corner of North Seminary and West Barry, Chicago (All photos Eric Rojas, Broker, Kale Realty)

Lake View community area of Chicago is typically one of the most dynamic market in condo unit sales and pricing. As city real estate values go, Lake View goes.  Let's take a look at condo sales this year.

Lake View condo sales January 1st - April 30th, 2017
139 One Bedroom condos sold this year with a median price of about $208,000.
253 Two Bedrooms condos sold this year with a median price of  about $368,000.
149 Three Bedrooms condos sold this year with a median price of $590,000.
29 Four Bedrooms (or more) condos have sold with a median price of about $790,000.

In the first quarter of 2017 (1/1/17 to 3/31/17) 385 over-all condo units with a median price of about $362,000.   348 units sold over all same period last year with a median price of about $357,000.  Back in 2012 (when things really began to pick up) only 238 units closed in first quarter for a median price of $300,000.   

Median sales price of a Lake View condo is up over 20% since 2012.