Edgewater Real Estate Market

Homes For Sale in Chicago’s Edgewater Neighborhood

Recent Listings

New Listing - 3 weeks online
$789,900
Single Family Home For Sale
Active Under Contract
4
BEDS
2
TOTAL BATHS
1830 W Berwyn Avenue
Chicago, IL 60640
Bowmanville Subdivision
New Listing - 4 weeks online
$319,900
Condo For Sale
Active
1
BED
1
TOTAL BATH
1,100
SQFT
5235 N Ravenswood Avenue #26
Chicago, IL 60640
Andersonville Subdivision
Price Change - 3 days ago
$179,800
Condo For Sale
Active
1
BED
1
TOTAL BATH
1738 W Foster Avenue #3F
Chicago, IL 60640
 
New Listing - a week online
$345,000
Condo For Sale
Active
2
BEDS
1
TOTAL BATH
1732 W Foster Avenue #1
Chicago, IL 60640
 
New Listing - 2 weeks online
$215,000
Condo For Sale
Active
2
BEDS
1
TOTAL BATH
800
SQFT
1750 W Rascher Avenue #2
Chicago, IL 60640
 
$530,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,400
SQFT
1740 W Catalpa Avenue #3E
Chicago, IL 60640
 
$298,000
Condo For Sale
Active Under Contract
2
BEDS
1
TOTAL BATH
5250 N Paulina Street #1
Chicago, IL 60640
 
New Listing - 4 weeks online
$659,000
Multi-Family For Sale
Pending
6
BEDS
1735 W Gregory Street
Chicago, IL 60640
 

Market Data & Trends for Edgewater

After skyrocketing in the late summer of 2008 and continuing through February 2009, Edgewater’s condo inventory has settled down dramatically. The chart below shows that Edgewater’s inventory of 2 – 3 bedroom condos bumped up after the expiration of the tax credit but has since shown improvement over last year. This improvement is largely a result of far fewer condos on the market compared to previous years. However, the inventory levels have not yet reached the record lows that they have in Chicago overall.

Edgewater’s average market times seem to have dropped significantly since November. However, this is merely an anomaly, caused by the expiration of numerous listings at 1122 W. Granville, which had market times of around 1520 days. It just goes to show you the danger of looking at averages. Since then market times don’t look too bad. In fact, Edgewater’s market times are much lower than for Chicago overall.

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