July 31, 2018
June continued to show strength in Chicago’s ultra-luxury condo market, with 13 sales topping $2 million. And five of those sales were over $5 million, including the most expensive closing of the month—a raw penthouse space atop the Ritz-Carlton Residences. The trend we continue to see among luxury condo sales is that the top sales […]
July 30, 2018
The Chicago luxury home market hasn’t show signs of slowing down, and June was no exception. The month saw 75 closings on luxury single family homes (luxury defined as a closing price of $1 million or higher) for a total sales volume of $128 million. And for the ultra-luxury market (sales prices of at least […]
July 14, 2018
Summer might have just been getting started, but May was one hot market for Chicago luxury real estate. The month saw 81 sales of luxury homes (sold for more than $1 million) for a total sales volume of $120.5 million It’s no surprise that the top three most expensive sales were in Lincoln Park, two […]
July 12, 2018
The ultra-luxury market is alive and well this summer, with new construction properties popping up alongside some of the city’s most iconic, established buildings. In May, total sales volume was more than $100 million, with 8 Chicago condos closing at a sales price over $3 million. The most expensive condo sold in May was in […]
May 4, 2018
Looking at each month’s condo sales, we can generally see some common denominators or indicators of what’s to come in Chicago real estate: a trend that buyers are gravitating toward, a hot neighborhood or even negotiating tactics between buyers and sellers. And March’s closings definitely point to something worth watching in Chicago real estate: 9 […]
April 1, 2018
Square footage is something I bring up with my clients a lot. Whether you’re moving into the city from the burbs, or are a recent empty nester, buyers are often drawn to the convenience of amenities, services and location of a Chicago downtown luxury condo—but they don’t want to sacrifice space and square footage to […]
April 1, 2018
Over the last several months, it hasn’t been uncommon to find a property or two on the top sales each month that I’d call “ultra luxury.” These are the homes that sell for $3 million up to $8 million, typically in Lincoln Park. February’s sales did not include a property like this, and it’s the […]