Press release
February Housing Sales in North Center: Attached Homes Soared, Single-Family Activity Slumped, Reports The Wilcox Co.
CHICAGO, March 13, 2019 –Residential property sales in Chicago’s North Center community were markedly inconsistent in February, as sales of attached homes boomed, while the single-family-home market was somewhat somnolent, according to an analysis by The Wilcox Company.North Center saw large sales swings when February activity this year is compared to the same month in 2018. Attached homes, which include condominium apartments and townhouses, saw sales rise 56.3% to 25 units, while sales of single-family homes fell 57.1% to just six homes. Sales of two-to-four-unit properties were up 50% but that represented an increase of just one property, with three selling this year versus only two in February 2018.
Unlike the broader Chicago housing market, North Center saw strong price appreciation in February. The median sales price of single-family homes rose 14.1% to $1,150,000, while for attached units, the median price gained 10.4% to $425,000. Only multi-unit buildings bucked that trend, with the median declining -19.6% to $615,000.
The North Center area extends from Diversey Parkway north to Montrose Avenue and from Ravenswood Avenue west to the Chicago River, and it includes the neighborhoods of Roscoe Village and Northcenter/St. Ben’s.
“We’re seeing a strong demand for condos right now in North Center because they sell at price levels that are realistic for first-time buyers eager to get into this highly desirable community,” said Mary Jo Nathan, a broker associate with The Wilcox Company who did the analysis of North Center sales using data from MRED, the regional multiple listing service. Ms. Nathan has specialized in residential properties on Chicago’s North Side for nearly two decades.
“On the other hand, the slow pace of February sales in the single-family segment is a bit surprising though consistent with the slowing sales pace that emerged during the prior three months. With most single-family homes in North Center selling for close to or over $1 million, buyers tend to be cautious,” she said. “I think the market will benefit once the mayoral election is complete. That should give buyers a better sense of where things are headed.”
The average time a home sold in February spent on the market before finding a buyer increased by 31 days for attached homes but was still a fairly brisk 88 days. On the other hand, single-family homes averaged 175 days, or nearly six months, to sell, but that was still an improvement over the 195-day average a year earlier.
Single-family homes sold in February ranged from $845,000 for a vintage frame house in the 3800 block of Seeley Avenue to $1,700,000 for a newly built home near Oakley Avenue and Byron Street.
The range for attached sales ran from $249,000 for a two-bedroom unit on Roscoe Street to $675,000 for a four-bedroom, three-bath duplex unit on Belmont Avenue near Oakley.
X2MJ7MIn Chicago as a whole, February home sales fell 5.2%, with single-family sales off by 7% and attached sales dipping by 3.9%
The Wilcox Company, founded in 1967, provides a full range of real estate brokerage, appraisal and property management services. Its offices are at 2157 W. Irving Park Road, Chicago, in the heart of North Center. To learn more, visit our website at www.thewilcoxcompany.com.
The Wilcox Company
2157 W. Irving Park Rd.
Chicago, IL 60618
Mary Jo Nathan
maryjo@wilcoxco.com
773-398-3814
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release February Housing Sales in North Center: Attached Homes Soared, Single-Family Activity Slumped, Reports The Wilcox Co. here
News-ID: 1652753 • Views: …
More Releases from The Wilcox Company

North Side Market Report: Pace of Home Sales Accelerated in Second Quarter of 20 …
Home sales across the North Side of Chicago turned in a stronger performance in the second quarter of 2019 than in the first quarter but continued to lag behind the sales pace of 2018, according to the quarterly Chicago North Side Market Report prepared by The Wilcox Company. There were 3,172 home sales in the nine community areas of the North Side during the April-June quarter, down -7.6% from the…

North Center Housing Market Back on Solid Footing: Sales Surged in 2nd Quarter, …
CHICAGO, July 11, 2019 – The housing market in Chicago’s North Center community has regained solid footing thanks to a second-quarter sales surge that effectively erased the impact of an unusually slow first quarter this year, according to an analysis by The Wilcox Company. For the first six months of 2019, total home sales in North Center were down just -1.8% after enduring a first-quarter decline of -22.8%.
There were…

North Center Residential Market Headed for Higher Ground in May Boosted by 65% I …
CHICAGO, June 13, 2019 – The North Center community enjoyed robust residential sales during May, shaking off what was a notably slow start to the year. Led by a 65% increase in sales of attached homes, there was a total o 84 sales of detached and attached residences in North Center for the month, 35.5% more than during May of last year. Sales of 2-to-4-unit multi-family properties also increased, with…

April Housing Sales in North Center: Homes Sold at a Faster Pace; Single-Family …
After a slow-paced first-quarter, the North Center housing market moved into a higher gear in April, as sales of single-family homes rebounded, according to an analysis by The Wilcox Company.
Sales of single-family houses were up 10.5% in April compared to the same month last year, with 21 homes changing hands. That compares to a -51% first-quarter decline in single-family sales, with only 28 homes selling during that three-month…
More Releases for North
Man and Van North London: Your Go-To Moving Solution in North London
North London, London - June 23, 2025 - Looking for a stress-free and efficient moving experience in North London? Look no further than Man and Van North London, the trusted, reliable moving service that's changing the way people approach relocation. Based in the heart of North London at 2 Abbotsbury, the team at Man and Van North London provides affordable, hassle-free moving services designed to fit every need.
Whether you're moving…
North America Biosimulation Market
The global biosimulation market is experiencing rapid expansion, driven by advancements in technology and the increasing demand for computational tools that can accelerate drug discovery, clinical trials, and regulatory processes. As of 2023, the market was valued at USD 3.5 billion and is projected to reach USD 14.1 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 16.90% from 2024 to 2032.
Biosimulation, which involves the use of…
Entirewire Electrician North Canton Offers Top-Tier Electrical Services for Nort …
Image: https://www.getnews.info/wp-content/uploads/2024/09/1726505467.png
Entirewire Electrician North Canton provides high-quality electrical services to residential and commercial clients in North Canton, OH. Specializing in electrical panel replacement, repairs, and installations, their team of certified electricians ensures safe, reliable, and efficient solutions, making them a trusted choice for all electrical needs in the local community.
North Canton, OH - Entirewire Electrician North Canton continues to provide exceptional electrical services for residents and businesses in the…
Web Design North: Providing Exceptional Graphic Design Services in North Bay
Web Design North, a leading digital marketing and SEO agency, provides peerless graphic design services in North Bay.
Specific and highly effective digital solutions can help solve the challenges businesses encounter in reaching their target audience. With the combination of these solutions and the expertise of digital professionals, business owners can rest assured that they will make more progress and thrive among their competitors. Web Design North is a dedicated marketing…
Web Design North Offers Digital Marketing Services in North Bay, Canada
Web Design North is a reputable company that provides digital marketing solutions and website development services in Canada.
Web Design North is excited to debut its updated website, showcasing a more modern and user-friendly design. The new site features easy navigation, allowing potential clients to easily browse and learn about the company's services and view their impressive portfolio of work. As a leading web design company, Web Design North understands the…
Web Design North Now Offers North Bay Website Designing Services
Web Design North has successfully worked with businesses of all sizes across North America and internationally.
Web Design North, a leading digital marketing agency in Canada, is proud to announce its expertise in web designing and SEO marketing for businesses in various industries across the country. With a team of experienced professionals, Web Design North has helped numerous clients establish a strong online presence and drive significant traffic to their websites.…