Downtown Condo Developments That Made The Most Q2 Sales

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September 9, 2011 – Yesterday we talked about how there is a two and a half year supply of downtown Chicago condos already built, on the market and ready for move-in right now. A recent second quarter 2011 benchmark report from Appraisal Research Counselors as highlighted in a Skyline Newspaper article also stated that while buyers aren’t exactly rushing to sign sales contracts on condos, there were several Chicago real estate developments that did make double-digit sales during the second quarter of this year.

With 21 units sold and closed, 757 Orleans was ahead of the pack in the second quarter. 770 Lofts came in second with 15 units sold and closed, according to ARC.

235 West Van Buren was a close third with 14 condos sold and closed in the second quarter of this year, and Silver Tower along with 200 North Dearborn tied them for third with 14 sales inked as well.

Aqua and the Legacy at Millennium Park tied for fourth place with 12 condos closed in the second quarter of this year.

Coming in fifth place was the Park Monroe with 11 condos that closed from April through June. And the Trump Tower Chicago made it onto the list in sixth place with 10 luxury Chicago condos sold and closed during the second quarter of 2011.

So there you have the best-selling downtown Chicago condos in Q2 of 2011, according to Appraisal Research Counselors. If you’re in the market to buy, you may want to check out these developments and see what they have to offer that has attracted buyers.

[tags]235 Van Buren, Downtown Chicago Condos, Chicago Real Estate[/tags]