We published two enhancements to our existing Property Sales section, and it's live for both Place Snapshots (areas) and Address Snapshots (addresses and parcels). Our Property Sales data is based on all transactions reported to the Illinois Department of Revenue per the Real Estate Transfer Tax filing rules. This means we have all residential, commercial, and industrial transactions in one place, while most other real estate platforms focus on a single sector. 

The first enhancement shows summary statistics for all of the property sales in view: the average and the median sale price. Change the filters or show more sales at a time and the two stats will update instantly. 

Screenshot caption: At the bottom of the Property Sales table are the average and median summary statistics. For this particular Address Snapshot, the median sale price for all properties within 250 feet from January to March 2021 was $445,000 (for properties with a sale price greater than $0).

The second enhancement counts the number of property sales for each buyer and seller in a Place Snapshot or within 1/2 mile of an Address Snapshot. This way you can see who's buying and selling the most properties. Not only can this be used to find potential buyers and sellers of your own properties, it's also a way for people to monitor potentially predatory real estate practices in their neighborhoods.   

Screenshot caption: When you load Property Sales, there's a new Property Sales summary table below it that shows the names of buyers and sellers in the selected period. For this particular Place Snapshot, there were 1,031 buyers and sellers who bought and sold 555 properties in the Albany Park community area in 2020.