Lake View Market Report
Attached
90-day market data from Chicago MLS — updated April 11, 2026
Source: MRED MLS, 90-day sold data. Updated April 11, 2026.
Example 2.5% commission on the Lake View median of $455K = $11,375. Net Gain's flat fee = $1,995.
Get the Full Report
See price band breakdown, market velocity analysis, and personalized listing advice.
Price Band Breakdown
Where buyers are actually competing in Lake View
| Price Range | Sold | Avg Days | Sale-to-List | Above Ask | Active |
|---|---|---|---|---|---|
| $600K–$650K Strongest Demand | 18 | 6d | 105% | 0/18 | 4 |
| $350K–$400K | 18 | 18d | 102.5% | 0/18 | 4 |
| $750K–$800K | 14 | 10d | 106% | 0/14 | 0 |
| $700K–$750K | 16 | 16d | 102.5% | 0/16 | 2 |
| $300K–$350K | 36 | 25d | 98% | 0/36 | 11 |
The $600K–$650K range shows the strongest buyer demand with 18 sales averaging 6 days to contract at 105% of asking. Currently 4 active listings competing.
Market Momentum
What's happening right now in Lake View
191 homes are under contract right now in Lake View, nearly matching the 102 active listings. The market is absorbing inventory as fast as it appears.
127 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 Lake View
In a market where correctly priced homes sell in 6 days, overpriced listings in Lake View sat 111 days before going under contract. That's 81 extra days on market, and they still had to cut an average of 8.4%.
4 listings expired without selling. Average time on market: 216 days. The data is clear: the market works, but only for homes priced to where buyers are actually competing.
Market Velocity
How fast the Lake View market is moving
With only 13% of listings requiring price reductions, Lake View sellers who price correctly are finding buyers quickly.
Correctly priced homes are going under contract in 6 days (median), with the fastest quartile selling in just 4 days.
With 1 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 Lake View median
In a market where correctly priced homes sell in 6 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 $455K, that's $9,380 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
Want a report for a different neighborhood?
Request Your Report