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Five Chicago Neighborhoods that Will Survive the Recession

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The October issue of Chicago magazine is still on newsstands, and the glossy mag's annual real estate charts offer a glimpse at how the real estate markets of 300 Chicago community areas and nearby suburbs have been performing over the past year. We've been pouring over the charts, and although the numbers are still pretty grim everywhere, we came away with this list of five 'hoods that stand out from the pack either because of sale volume, consistent sale price, or a combination thereof:

5. Austin
Number of single-family home sales: 350
Average single-family home sale price: $101,356
Change since 1994, 2009: +8.8%
Change since 2009: +5.64%

4. Lincoln Park
Number of single-family home sales: 155
Average single-family home sale price: $1.7M
Change since 1994, 2009: +336.14%, -2.38%
Number of condo/townhouse sales: 870
Average condo/townhouse sale price: $442,510
Change since 2009: -2.68%

3. Uptown
Number of single-family home sales: 178
Average single-family home sale price: $759,790
Change since 1994, 2009: +251.79%, +25.29%
Number of condo sales: 624
Average condo/townhouse sale price: $244,629
Change since 2009: -6.57%

2. Hyde Park
Number of single-family home sales: 19
Average single-family home sale price: $635.289
Change in sale price since 1994, 2009: +182.9%, +35.82%
Number of condo sales: 179
Average condo/townhouse sale price: $224,039
Change in sale price since 2009: -2.22%

1. Loop
Number of condo sales: 809
Average condo sale price: $517,225
Change since 2009: +6.83%