While the inventory of luxury condos was up in the second quarter the inventory of mansions for sale dropped 14.0% from second quarter 2013.* There were 37 mansions for sale compared with 43 a year earlier. The number of distressed listings (short sales and foreclosures) stayed at 1. The number of pending sales for Chicago […]
The number of pending sales for Chicago mansions in the first quarter rose 400% from first quarter 2013.* There were 5 houses with a minimum of 8,000 square feet with pending sales compared with 1 a year ago. Actual sales were also up. There were 3 mansions sold in the first quarter compared to 1 […]
The inventory of Chicago mansions for sale in the fourth quarter dropped 17.5% from fourth quarter 2012.* There were 33 houses with a minimum of 8,000 square feet for sale compared with 40 a year ago. The percent of distressed sales (short sales and foreclosures) dropped from 5% of the inventory to zero. Back in […]
The inventory of Chicago mansions for sale in the third quarter rose 5.1% from third quarter 2012.* There were 41 houses with a minimum of 8,000 square feet for sale compared with 39 a year ago. The percent of distressed sales (short sales and foreclosures) dropped from 13% of the inventory to zero. Back in […]
The inventory of Chicago mansions for sale in the second quarter dropped 13.5% from second quarter 2012. There were 45 houses with a minimum of 8,000 SF for sale compared with 52 a year ago. The percent of distressed sales (short sales and foreclosures) dropped from 14% of the inventory to 2%.
Fran Bailey, Realtor