Chicago Metro Area Real Estate
A Better Buying Experience
The inventory of listed Chicago luxury condos for sale continues to drop. There were 506 condos for sale in Chicago priced $1 million or higher in the second quarter down 21.6% from second quarter 2012 when there were 645 such condos for sale.
The inventory of listed Chicago luxury condos for sale continues to drop. There were 480 condos for sale in Chicago priced $1 million or higher in the first quarter down 24.4% from first quarter 2011 when there were 635 luxury condos for sale.
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.
This is my 2012 ranking for the most expensive condo buildings in Chicago’s Lake View neighborhood. Only condo buildings that had at least 2 sales recorded in Chicago’s multiple listing service (MRED) that closed in 2012 were included in the rankings. Only listed sales were used in determining median sale price for a building.
This is my 2012 ranking for the most expensive condo buildings in Chicago’s Lincoln Park. Only condo buildings that had at least 2 sales recorded in Chicago’s multiple listing service (MRED) that closed in 2012 were included in the rankings. Only listed sales were used in determining median sale price for a building.
"I appreciate the fact that you focused on what I was looking for in a condo without pressuring me into a quick sale as I've experienced in the past with other agents."
Allison
"We were very satisfied with Fran throughout the whole process and highly recommend her to others looking for a buyer’s agent. "
Ron
"Thanks so much for guiding me, a first-time home buyer new to the Chicago market, through the home buying process and to a successful condo purchase. I also appreciate how well you worked with my loan officer and attorney – what a great team!"
Mark
