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Chicagoland’s Top Luxury Housing Markets, Jan. 2016

by Peter Thomas Ricci

261-green-bay-road-lake-forest-january-chicagoland-luxury-home-sales

Lincoln Park and Hinsdale were the top luxury housing markets in Chicagoland in January, according to a custom Real Data report by Chicago Agent. For the month, Lincoln Park saw 16 luxury sales with an average price of $2,181,642.19, while Hinsdale saw 12 sales with an average price of $1,701,729.17.

Those two markets were in good company. Below, we’ve charted out the top city and suburban luxury markets.

Neighborhood $1 Million-Plus Sales – Jan. 2015 Average Sales Price
Lincoln Park 16 $2,181,642.19
Near North Side 14 $2,140,601.29
Lakeview 6 $1,454,866.67
West Town 5 $1,269,000
Loop 3 $1,480,000
Logan Square 3 $1,280,833.33
North Center 3 $1,237,333.33
Edgewater 3 $1,220,000
Suburb $1 Million-Plus Sales – Jan. 2015 Average Sales Price
Hinsdale 12 $1,701,729.17
Winnetka 7 $2,191,396.29
Wilmette 5 $1,586,250
Burr Ridge 4 $1,990,750
Lake Forest 4 $2,137,500
Western Springs 3 $2,336,666.67
Park Ridge 3 $1,198,333.33
Evanston 3 $2,361,666.67

Photo Credit: Teemu08, Creative Commons Attribution-Share Alike 3.0 Unported, https://commons.wikimedia.org/wiki/File:261_Green_Bay_Road.JPG

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