Back in August I wrote about how inventory levels for Chicago mansions had been rising. That changed in the 3rd quarter of 2012 when the number of listed Chicago mansions for sale dropped 13.3% from a year earlier. In the 4th quarter the drop was 23.1%.
View all Chicago Luxury Homes For Sale
There were 40 single family homes with a minimum of 8,000 SF for sale in Chicago in the 4th quarter compared to 52 a year earlier. The drop inventory can be at least partially attributed to rising sales. In the 3rd quarter the number of Chicago mansions sold was 6 which was double the number a year earlier. In the 4th quarter sales were up 66.7%.
Chicago Mansions For Sale 4th Qtr. 2009 - 4th Qtr. 2012
Chicago mansions are scattered around the city, but most are in Lincoln Park, the Gold Coast or River North.
CHICAGO MANSIONS FOR SALE
| View Chicago mansions for sale. You can narrow the results by internal and external features. Pending sales are excluded. |
DOWNTOWN CHICAGO LUXURY CONDOS FOR SALE
Click below to see the downtown Chicago luxury condos for sale in your desired price range. You can narrow the results by internal and external features. Pending sales are excluded.
| $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 |
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ABOUT THE AUTHOR
Fran Bailey shows, previews and tracks downtown Chicago homes for sale. Fran 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
