August 25, 2017
When July sales statistics come in strong, it’s a clear sign that the Chicago luxury condo market is on a tear. Last month, total sales volume for luxury condos was $92 million. Thirteen of the 59 sales for the month fell into the “ultra luxury” category—selling for more than $2 million. Sale prices went all […]
August 9, 2017
We’re well into a strong summer for Chicago luxury real estate sales, and the high-end condos that sold in June show it. The month saw $107 million in total sales volume for high-end ($1 million plus) condo sales, and 12 of those properties closed at a price of $2 million or more. The most expensive […]
July 28, 2017
Looking back at the Chicago luxury real estate market in June, there seemed to be a real need for speed. The top homes were off the market nearly as quickly as they were on—two of the most expensive properties sold within just 10 days of being on the market. So what has buyers closing deals […]
July 14, 2017
When it comes to on-fire real estate in Chicago, Lincoln Park is where it’s at, especially if sales in May were any indication. Luxury home sales (those sold for $1 million or more) were very strong in May, with 82 homes sold for a total of $128 million in sales volume. The highest price for […]
June 30, 2017
Chicago’s Gold Coast neighborhood is no stranger to luxury real estate, or the wish lists of high-end buyers. Nestled just blocks from the Magnificent Mile, residents of the Gold Coast are just blocks from everything they need: Shopping: The boutiques along Oak Street are of world-class caliber: Harry Winston, Hermes, Jimmy Choo and many other […]
June 12, 2017
Luxury homes are no stranger to lavish master suites that include expansive dressing and vanity areas. But there’s a new suite in the house getting major design attention—the children’s closet. Homeowners are beginning to make investments into this oft-forgotten storage space to create a big-time closet design that combines a unique aesthetic and necessary function […]
May 22, 2017
Looking at the April numbers, Chicago’s luxury market sales are up, and I’d predict that the rest of spring should continue to be a “seller’s market.” Last month, 11 of the properties sold were in the “ultra-luxury” class, meaning luxury single-family homes that sold for $2 million up to $4.775 million. Of the top five […]
May 18, 2017
When I refer to the “upper bracket” of Chicago luxury condos, I am referring to properties that sold upwards of $2 million up to $4.2 million, as was the case last month with 11 upper bracket condos sold in this range. April’s sales certainly indicate that sales in the $1 million-plus market should be strong […]
May 17, 2017
We’ve all had these days: Returning home after too many hours in the office or on the road, hungry for dinner but lacking the energy to actually cook something. If only there were a machine that could do it for you… Those days could soon be a thing of the past, thanks to the June […]