Chicago homes are flying off the market as buyers bid above ask

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Want a good home in Chicagoland? Be prepared to move quicker than you’d probably like and pay a fair bit over the asking price. In May, Chicago-area homes spent an average of 27 days on the market, according to Crain’s, who cited the latest data from Illinois Realtors. The nationwide average is 52 days, nearly half of Chicago’s speed. It’s become so swift that a mere two-day path from listing to purchase contract signed is not that unusual, according to the outlet. Areas all around the greater Chicago metropolitan area have seen extra-fast purchases. A four-bedroom home on Bernice Drive [...] This article originally appeared on The Real Deal. Click here to read the full story.