Home Demand

The housing market is hopping. Redfin reports that the number of Chicago homes for sale jumped 18 percent in the past year, which is the biggest increase in the last three years. But half the homes for sale sell in 17 days or less, and the median sale price was $285,000, up slightly since April. Hyde Park, Tri-Taylor, and Rogers Park have enjoyed the best price jumps. [CBJ]