Albany Park Market Report
Attached/Condo
90-day market data from Chicago MLS — updated April 5, 2026
Source: MRED MLS, 90-day sold data. Updated April 5, 2026.
Example 2.5% commission on the Albany Park median of $255K = $6,369. Net Gain's flat fee = $1,995.
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See price band breakdown, market velocity analysis, and personalized listing advice.
Price Band Breakdown
Where buyers are actually competing in Albany Park
| Price Range | Sold | Avg Days | Sale-to-List | Above Ask | Active |
|---|---|---|---|---|---|
| $250K-$300K Strongest Demand | 5 | 17d | 101% | 2/5 | 1 |
| $300K-$350K | 3 | 2d | 107% | 3/3 | 2 |
| $200K-$250K | 3 | 9d | 99% | 0/3 | 1 |
| $450K-$500K | 1 | 0d | 113% | 1/1 | 0 |
| $550K-$600K | 1 | 12d | 100% | 0/1 | 0 |
The $250K-$300K range shows the strongest buyer demand with 5 sales averaging 17 days to contract at 101% of asking. Currently 1 active listing competing.
Market Momentum
What's happening right now in Albany Park
7 homes are under contract right now in Albany Park, nearly matching the 9 active listings. The market is absorbing inventory as fast as it appears.
4 of those went under contract in the last 30 days alone. This is current demand, not historical data.
The Cost of Overpricing
What happens when sellers miss the market in Albany Park
In a market where correctly priced homes sell in 11 days, overpriced listings in Albany Park sat 99 days before going under contract. That's 84 extra days on market, and they still had to cut an average of 26%.
4 listings expired without selling. Average time on market: 183 days. The data is clear: the market works, but only for homes priced to where buyers are actually competing.
Market Velocity
How fast the Albany Park market is moving
No active listings have required price cuts—a strong signal that current sellers have priced appropriately from day one.
The median time to contract is 11 days, with motivated buyers moving within 3 days on well-priced listings.
With 1.3 months of inventory, this remains a seller's market where properly positioned listings have leverage.
What This Means for Your Listing
Commission savings at the Albany Park median
In a market where correctly priced homes sell in 11 days, the listing agent's job is clear: accurate pricing, professional marketing, and responsive transaction management. These are execution tasks—and you should decide what they're worth.
At $255K, that's $4,374 you keep by choosing flat fee over traditional commission. Same MLS listing. Same buyer exposure. Same professional service.
Or send your address to matthew@netgain.realty for a property-specific analysis
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