December 14, 2018
‘Tis the season for real estate to start seeing its typical slowdown, and we certainly saw that in November as the Chicago weather moved straight into winter temperatures. But if you can handle the turning of the seasons, this time of year is a great one for buyers to get a real estate deal. I […]
October 2, 2018
As the saying goes: “Go big or go home.” Luxury home buyers in August did both, as the top homes sold during the month each stretched over impressive square footage and lot sizes. The most expensive sale for August sits on not one, but three oversized city lots. It’s clear that home and lot size […]
September 18, 2018
The luxury market for single-family homes continued to move in July, though the price range has tempered a bit compared to what we’ve seen in recent months. July’s sales were largely in the $3 million range, whereas the top sales for much of early summer ranged from $5 million all the way up to $8 […]
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 […]
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 […]
February 27, 2018
Looking at the luxury Chicago homes that sold and closed, the month of January was highly unusual. The top five sales were each extremely unique, including two brand-new construction properties along with three vintage architectural masterpieces which sold for major, major discounts. The three vintage homes are truly special properties—but for real estate like this, […]
September 15, 2017
Just when you thought there would be a complete, expected slowdown for luxury home sales, it just didn’t happen in Chicago. Thus August, $1 million-plus homes sold at record speed, showing the pent-up demand for high-end real estate in the city. With a total of $89.6 million in sales, properties sold in as little as […]
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 […]