Downtown Chicago 1BR Condos Are Selling 4.5 Days Faster

by Roz Dupiton

Market data — Q2 2026

Downtown Chicago 1BR Condos Are Selling 4.5 Days Faster

 

Over the trailing 12 months, downtown Chicago 1BR condos had a median market time of 28.5 days, compared with 33 days over the prior 12-month period — a gap of roughly 4.5 days.

The number itself

Downtown Chicago 1BR condo homes had a median market time of 28.5 days over the trailing 12 months. In the 12 months prior, that figure stood at 33 days. The two periods sit roughly 4.5 days apart.

What "faster" actually means here

This comparison is trailing 12 months against trailing 12 months, not one quarter measured against another. That distinction matters: a full-year window smooths out the seasonal swings that a single-quarter snapshot would carry. The roughly 4.5-day gap describes that year-over-year shift in median market time for downtown 1BR condo homes — it does not identify why the shift occurred.

How reliable is this number

Both the trailing-year figure and the prior-year figure are drawn from a large volume of downtown 1BR condo closings, not a handful of outlier sales. That scale is what allows the comparison to hold up as a real shift in median market time rather than noise from a thin sample.

What this does — and doesn't — tell a 1BR seller or buyer

This is a downtown-wide median for 1BR condo homes, not a figure specific to any single neighborhood, building, or price point. A downtown seller or buyer should read the 28.5-day trailing figure as a market-wide reference point, not as a prediction for how quickly any particular downtown condo home will sell.

Where this fits in the broader downtown market

This 4.5-day shift in median market time for downtown 1BR condo homes is one data point in Roz's ongoing tracking of downtown condo market-time trends. It sits alongside the broader conversation she's building around how market time is moving across downtown Chicago's condo market, and it will keep getting updated as new trailing-12-month data comes in.


Talk it through

I track this kind of downtown condo market-time data closely, and I'm happy to talk through what it means for your specific situation. If you'd like to walk through it together, book a general call with me.

Book a call with Roz

Roz Dupiton