Is now a good time to sell my home in Chicago?

{"answer": "It's a good time to sell your home in Chicago, as prices are up and there are fewer homes for sale. The typical home is listed for $389,000, which is over 2% higher than last year. \n\nThe number of homes for sale has dropped quite a bit. There are 10.7% fewer active listings compared to last year, and 13% fewer new listings. This means fewer homes are competing with yours. \n\nEven with fewer homes, they are selling at a similar pace. Homes are on the market for 33 days, just a little longer than last year. Still, more than one in ten homes had a price cut, so pricing it right from the start is important. \n\nMany homes are finding buyers quickly. For every home listed, more than one is already pending sale. This "pending ratio" is up almost 10% from last year, meaning buyers are active. \n\nOverall, with prices rising and fewer homes on the market, you're in a good spot as a seller. Make sure your home is priced competitively to attract those active buyers."}