The number of listed Chicago condos that sold for $1M or higher in the 4th quarter was up 63.3% from 4th quarter 2011.* There were 98 Chicago luxury condo sales compared with 60 a year earlier. None of the 98 sales were short sales or foreclosures.
As shown below, quarterly Chicago luxury condo sales have been up year over year for the past 3 quarters.
The inventory of Chicago luxury condos for sale in the 4th quarter was down 22% from a year earlier. Pending sales were up 78%, so sales should do well in the 1st quarter of 2013. The average days on market for pending sales was down 21%.
CHICAGO LUXURY CONDOS FOR SALE
Click below to see Chicago luxury condos for sale by price range. You can narrow the results by internal and external features. Pending sales are excluded.
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|$5M & Above||$3M to $5M||$2M to $3M||$1.8M to $2M|
|$1.6M to $1.8M||$1.4M to $1.6M||$1.2M to $1.4M||$1M to $1.2M|
* includes co-ops and townhouses
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