Live Old Town Market Data (Last 90 Days)

166 Closed Sales
$419,000 Median Price
10 Days on Market
73.13% Sell Through Rate

Old Town Sellers Should Pay $1,995, Not $10,475 Commission

Professional flat fee real estate broker specializing in Old Town. Save thousands vs traditional agents with our transparent $1,995 flat listing fee. Premier downtown location with lightning-fast sales velocity.

📊 Real Old Town Market Intelligence: Analysis of 166 recent home sales in Old Town with median price of $419,000. Updated monthly by Net Gain Realty's market analysis team.

Old Town Flat Fee Broker Savings Calculator

Calculate your potential savings with expert flat fee broker service

YOUR OLD TOWN HOME VALUE
$419,000

Traditional Realtor

Listing Fee (2.5%): $10,475

Total Cost: $10,475

Net Gain Realty

Flat Fee: $1,995

Total Cost: $1,995

FLAT FEE BROKER SAVINGS IN OLD TOWN: $8,480

*Savings calculation compares listing commission only (2.5% vs $1,995 flat fee)

Closing costs and buyer broker compensation not included in calculation

Buyer broker compensation fee not included (average 2.5%, now negotiable under NAR settlement)

Take our 60-second quiz to see your personalized savings and Old Town pricing strategy

The Market Data That Questions Traditional Commissions

1.1 Months Supply
19.67% Price Drops
$8,480 Potential Commission Savings
10 Days Median DOM

Why pay $10,475 to sell in this hot market? With homes selling in just 10 days, 1.1 months of supply, and nearly 2 homes selling per day in Old Town, the market is doing the heavy lifting. Why give away $8,480+ in commission when your home will likely sell itself?

Why Choose a Flat Fee Broker in Old Town?

As a flat fee broker serving Old Town, Chicago, Net Gain Realty is launching this transparent commission model because we believe smart Old Town homeowners deserve better. After analyzing extensive market data, we're convinced that traditional commission structures simply don't make sense in today's red-hot Old Town market conditions. We're committed to proving that professional real estate service doesn't require premium pricing.

The Old Town Real Estate Market Advantage

Old Town represents premier downtown living with exceptional market velocity. Our latest 90-day market analysis reveals why traditional broker commissions don't make sense in today's Old Town market:

The Math Doesn't Lie

When Old Town homes sell in 10 days with 1.1 months of supply, and nearly 2 homes sell daily, why pay a traditional broker $10,475 to do what the market will do naturally? Our flat fee broker model saves you over $8,000 while providing the same professional service and MLS exposure. In this hot market, pricing accuracy matters more than marketing spend.

Frequently Asked Questions About Selling in Old Town

How can I save money selling my Old Town home?

Choose a flat fee listing service instead of traditional percentage-based listing fees. Based on our analysis of 166 recent Old Town sales with a $419,000 median price, traditional brokers charge 2.5% listing fee ($10,475) while Net Gain Realty charges just $1,995 flat fee.

Market Evidence Supporting Flat Fee Model:

  • Old Town homes sell in just 10 days median time
  • Only 1.1 months supply creates red-hot seller's market
  • 73.13% sell-through rate indicates overwhelming buyer demand
  • Market momentum does the heavy lifting - nearly 2 homes sell daily
  • When pricing is wrong, DOM jumps to 60.5 days vs 10 median

Listing fee savings: $10,475 (2.5% traditional) - $1,995 (flat fee) = $8,480 saved on listing fees alone.

Note: Buyer broker compensation is negotiable and varies by situation.

What about buyer agent compensation in Old Town?

Buyer broker compensation is completely negotiable and depends on your specific situation. In Old Town's red-hot market with 10 days median time on market, competitive compensation attracts buyers while still saving thousands overall.

Why Old Town Market Conditions Help:

  • Overwhelming demand (73.13% sell-through rate) means multiple offers
  • Lightning sales (10 days) reduce carrying costs dramatically
  • Ultra-limited supply (1.1 months) creates buyer urgency
  • Premier downtown location attracts serious buyers

Our approach: We help you determine competitive buyer agent compensation based on current Old Town market conditions and your home's specific situation. Every scenario is different.

Are flat fee listings as effective as traditional listings in Old Town?

Absolutely, especially in Old Town's red-hot seller's market. All listings receive identical MLS exposure regardless of commission structure. With Old Town homes selling in 10 days and 73.13% sell-through rate, market conditions drive sales more than marketing efforts.

Why MLS Exposure Dominates in Hot Markets:

  • All buyers' agents see your listing equally on MLS
  • Old Town's 1.1 months supply means extremely limited buyer options
  • Ultra-fast velocity (10 days) eliminates need for extensive marketing
  • High activity (nearly 2 sales daily) creates natural buyer urgency
  • Pricing accuracy matters most - wrong price = 60.5 days vs 10 median

Bottom line: In Old Town's seller's market, your home's price and condition matter infinitely more than commission percentage.

How long does it take to sell a home in Old Town?

Median 10 days based on our analysis of 166 recent sales. Old Town shows exceptional sales velocity, consistently outperforming Chicago averages due to premier location and high buyer demand.

Market Factors Driving Lightning Sales:

  • Only 1.1 months of housing supply available
  • 73.13% of listings successfully close
  • Premier downtown location attracts serious buyers
  • When priced correctly: 10 days; when wrong: 60.5 days
  • High-velocity market: nearly 2 homes sell daily

Why this matters: Lightning sales in 10 days mean minimal carrying costs and no marketing expense needed - perfect for flat fee model.

Is paying high commission worth it in Old Town?

Absolutely not in this market. When Old Town homes sell in 10 days with 73.13% success rate and nearly 2 homes selling daily, the market momentum drives sales far more than agent marketing efforts.

Market Analysis Shows Marketing is Unnecessary:

  • Lightning sales (10 days) indicate natural buyer demand
  • Ultra-high success rate (73.13%) shows market strength
  • Minimal inventory (1.1 months) creates buyer urgency
  • Premium location sells itself to right buyers
  • Pricing accuracy drives results - wrong price = 6x longer DOM

Smart approach: Save $8,480 on listing fees and invest in professional photography and strategic pricing instead. In Old Town's hot market, accuracy beats marketing every time.

Ready to Save Thousands on Your Old Town Home Sale?

Join smart Old Town sellers who choose transparent flat fee broker service. Get your free market analysis and see why the flat fee model makes perfect sense in today's red-hot Old Town market.