Welcome to Issue #2 of the VKR Market Pulse. As we enter April, the Chicago market continues to move with conviction — median prices have climbed 4.4% year-over-year to $365,000, and homes are selling faster than this time last year, averaging just 57 days on market. The Federal Reserve held rates steady at 3.5–3.75% in March, which means mortgage rates are easing slightly but buyers shouldn't wait for dramatic drops. If you're thinking about making a move this spring — buying, selling, or investing — now is a smart time to position yourself before competition heats up further. Give me a call and let's talk strategy. — Slawomir, (773) 837-4815
| Metric | Current | vs Last Month |
|---|---|---|
| Median Sale Price | $365,000 | ↑ 4.4% YoY |
| Active Listings | ~13,700 | ↓ Tight supply |
| Avg Days on Market | 57 days | ↓ 18.6% YoY |
| List-to-Sale Ratio | ~3 offers avg | ↑ Competitive |
| 30-Yr Mortgage Rate | 6.85% | ↓ 8 bps |
With inventory at just 0.72 months of supply in Chicago, we're still firmly in seller's territory — but the window is narrowing as national inventory builds. Smart sellers who list in April and May will capture peak spring demand before summer slowdowns. For buyers, the slight dip in mortgage rates to 6.85% is a signal, not a solution — if you wait for rates to hit 6%, you may be competing against twice as many buyers when they do. The best move right now is to get pre-approved, know your number, and be ready to act within 48 hours on the right property. That's how my clients are winning deals in this market.
In a market where homes receive 3+ offers on average, your offer presentation matters as much as your price. Include a personal letter, offer a flexible closing date, and get your pre-approval from a local lender — sellers and listing agents respond to buyers who look serious, organized, and easy to close with. These details can win a deal even when you're not the highest bidder.
W Chicago ceny domów wzrosły o 4,4% rok do roku, osiągając medianę $365,000 — a domy sprzedają się średnio w zaledwie 57 dni, co oznacza, że rynek jest bardzo dynamiczny. Rezerwa Federalna utrzymała stopy procentowe na poziomie 3,5–3,75%, a oprocentowanie kredytów hipotecznych na 30 lat wynosi dziś około 6,85%. Jeśli myślisz o zakupie lub sprzedaży nieruchomości tej wiosny, teraz jest dobry moment, żeby działać — zanim konkurencja się nasili. Zadzwoń do Sławomira: (773) 837-4815
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