Marina City Market Report
Attached
90-day market data from Chicago MLS — updated April 16, 2026
Source: MRED MLS, 90-day sold data. Updated April 16, 2026.
Example 2.5% commission on the Marina City median of $265K = $6,625. Net Gain's flat fee = $1,995.
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Price Band Breakdown
Where buyers are actually competing in Marina City
| Price Range | Sold | Avg Days | Sale-to-List | Active |
|---|---|---|---|---|
| $550K–$600K Strongest Demand | 1 | 3d | 100% | 0 |
| $150K–$200K | 4 | 32d | 96.5% | 0 |
| $250K–$300K | 5 | 34d | 95% | 3 |
| $350K–$400K | 1 | 28d | 100% | 0 |
| $300K–$350K | 2 | 45d | 96.5% | 3 |
The $550K–$600K price range in Marina City shows the strongest buyer demand over the last 90 days with 1 closed sales, averaging 3 days from listing to contract, with buyers paying 100% of asking price. There are currently no active listings competing in this band, which means a new listing priced here would enter with zero direct competition and strong recent buyer activity as a baseline. Sellers in adjacent price bands should study this range carefully, as it represents the concentration point where the most transactions are occurring and where buyers have demonstrated the greatest willingness to compete.
Market Momentum
What's happening right now in Marina City
3 homes are currently under contract in Marina City with 8 active listings on the market. The pending-to-active ratio suggests that buyers are being selective, which makes pricing accuracy and listing presentation more important for sellers who want to attract offers within a reasonable timeframe. 2 of those contracts were executed in the last 30 days alone, confirming that this is current buyer activity rather than a carryover from a previous cycle.
The Cost of Overpricing
What happens when sellers miss the market in Marina City
Market Velocity
How fast the Marina City market is moving
Only 12% of active listings in Marina City have required price reductions, which indicates that most sellers entered the market with realistic expectations and found buyers without adjusting. Homes in Marina City are taking a median of 22 days to go under contract, though competitively priced properties are moving faster at 15 days. The gap between those two numbers reflects the penalty for overpricing in this market. With just 1.8 months of supply across 8 active listings, Marina City remains a seller's market. Limited inventory gives correctly priced listings leverage in negotiations, but that advantage disappears quickly for homes that sit beyond the median days on market.
What This Means for Your Listing
Commission savings at the Marina City median
In a market where correctly priced homes in Marina City sell in 22 days, the listing agent's job is straightforward: accurate pricing based on comparable sales data, professional photography and MLS marketing, and responsive transaction management through closing. These are execution tasks with well-established processes, not creative problem-solving that justifies a percentage of your home's value. At the Marina City median of $265K, a traditional commission in the 2-3% range costs $6,625. Net Gain Realty provides the same MLS listing, the same buyer exposure, and the same professional service for a flat fee of $1,995. That is a potential difference of $4,630 that stays in your pocket at closing. The service does not change. The exposure does not change. The only difference is what you pay for it.
Or send your address to matthew@netgain.realty for a property-specific analysis
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