Chicago mansions for sale at 3 year high in 2nd quarter

Inventory levels have been dropping over the past few years for Chicago condos and houses, but not Chicago mansions! The inventory of listed Chicago mansions for sale continues to rise. There were 52 single family homes with a minimum of 8,000 SF for sale in Chicago in the second quarter up 19.8% from second quarter 2011 when there were 44 such luxury homes for sale.

As shown below the inventory of Chicago mansions for sale is at a 3 year high. It’s up 30% from second quarter 2009. Most other quarterly statistics for Chicago mansions are fairly meaningless since fewer than 5 such homes typically sell in a quarter.

Chicago Mansions For Sale 2nd Qtr. 2009 - 2nd Qtr. 2012

Chicago Mansions For Sale 2nd Qtr. 2009 - 2nd Qtr. 2012

Chicago mansions are scattered around the city, but most are in Lincoln Park, the Gold Coast or River North.

The increase in Chicago mansions for sale reflects what’s happening in the Chicago Metro Area where mansions for sale are at a 3 year high as well. 447 such homes were for sale in the second quarter up 10.4% from a year earlier.

Email Fran for more information on Chicago mansions for sale.

CHICAGO MANSIONS FOR SALE

$5M+$3M - $5M$1M - $3M$1M & Below
Recommend this on Google

ABOUT THE AUTHOR

Fran Bailey Fran Bailey is a Realtor who has been quoted in numerous Chicago and national publications. To schedule showings for any listings, get a free market analysis for your home or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>