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Chicago Luxury Market Holds Strong | Real Estate News

Chicago Luxury Market Holds Strong | Real Estate News

Published 1 month ago
Description

Chicago’s luxury real estate market is still roaring, even if it’s not smashing last year’s records. So far this year, 62 ultra-luxury homes ($4M+) have sold—third-highest on record for the first half. While 2025 was ahead with 76 sales by now, 2026 is holding strong. The top sale hit $10.5M (down from $12M last year), but inventory is tight, pushing prices up and homes off the market in just 27 days—faster than anywhere else. One Lake Bluff mansion sold for $10.5M, listed at just $8.2M, proving demand is outpacing supply.

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