Chicago has one of the busiest luxury housing markets in the country, according to the new Luxury Market Report.
In 2015, Previews reported, sales of homes priced $1 million and above totaled 1,149 in Chicago. That was a 12 percent increase over 2014, and was the seventh-highest increase in the nation; as of Feb. 2016, there were 735 active listings in Chicago priced $1 million or above.
Below are Previews’ rankings for luxury markets with the largest sales increases:
|Metro Area||YOY Increase in $1M+ Sales in 2015||Luxury Sales – 2015|
(Source: Chicago Agent Magazine)