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Koenig & Strey’s Gold Coast office tops in luxury real estate

Koenig & Strey’s Gold Coast office is located at 900 N Michigan Ave, Suite 1700 Successful marketing of luxury homes in Chicago’s Gold Coast neighborhood requires knowledge and experience that is only attainable by representing upper bracket homes and finding buyers that seek the Gold Coast lifestyle.  For the 8th consecutive year, Koenig & Strey’s Gold Coast office has sold more $1 million+ residences in the prestigious Gold...

Winnetka condos see a spring surge

Village Hall, Winnetka IL Koenig & Strey’s Market Tracker shows that since January of 2012, the average sale price of Winnetka condos and townhomes sold has nearly doubled.  This at a time when the market time (days on market) has seen a measured decrease.  Year-to-date in 2012, the market time of all Winnetka sales (through the end of May) decreased 20% over the previous year. May 2012 say a 40% decrease in market time over May...

Glenview and Northbrook see active seller market

Demand for housing in these two north suburban suburbs is hot, says Michael Mazzei, Senior VP and Branch Manager at Koenig & Strey’s Glenview and Northbrook offices.  The inventory of available homes is much lower than normal, down 35% from a year ago at this time, which translates to a tighter supply, increased demand, and that homes are moving at closer to list price.  While you might not go as far as to call this a ‘seller’s...

Chicago real estate markets that bucked the average sale price trend in 2011

It’s no secret that 2011 was not the best year for Chicago real estate, but there were a few bright spots.  According to Koenig & Strey Market Watch, the average sale price in Chicagoland was down about 7.5%, from $237,785 in 2010 to $219.661 in 2011.  But each neighborhood and community has unique market forces affecting the sales climate and each should be analyzed on its own. In the city, the Edgebrook neighborhood saw a nearly...

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