Chicago Metro Area Real Estate
A Better Buying Experience
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 average market time for listed downtown Chicago apartments sold in the second quarter was down 59.5% from 3 years ago at 75 days.* The days on market was down 2.2% from a year ago. As shown below, it’s been a much shorter experience for selling this year than last year and the year before […]
The number of listed Chicago homes for sale for $1M or higher in the 2nd quarter was up 24.0% from 2nd quarter 2013.* There were 1,257 luxury homes for sale compared with 1,014 a year earlier. The percent of distressed sales (short sales and foreclosures) dropped from 1.8% of the inventory to 1.1%. In May […]
The inventory of listed Chicago condos for sale rose for the first time in a few years.* There were 13,540 condos for sale in Chicago in the second quarter up 6.6% from second quarter 2013 when there were 12,707 condos for sale. The percent of distressed sales (short sales and foreclosures) dropped from 24% of […]
Chicago’s Case-Shiller Index for May is up 8.5% from May 2013. It’s the 19th consecutive month it’s been up compared to a year earlier. It rose 1.5% from April. It’s back to its February 2003 level. The Case-Shiller Index for Chicago is based on resales of houses in the Chicago Metro Area. It’s published with […]
"I had purchased 6 homes with 5 different realtors prior to using Fran's services...Fran, however, was the best realtor that I have experienced working with"
Joseph ( Read More Client Reviews )
"When it came to the negotiation process, Fran's approach was calm and methodical, and her recommendations were crucial to us negotiating a very fair price."
Alfred ( Read More Client Reviews )
