Wednesday, October 13, 2010

What sold for over $900,000 in 2000?

In the year 2000 there were only 2 sales for over $900,000 reported in the MLS. They were 4048 Central and 4044 Central. They were both new and one sold for $926,250 and the other for $930,000. There were 10 homes that were cancelled or expired ranging in price from $949,900 to $1,465,000. These stats are for Western Springs. A comment on one of my posts earlier this week made me curious as to when the million dollar homes started selling here in Western Springs. The first sale in the Multiple Listing Service for over a million took place in 2000 with the home closing in 2001. That was officially the beginning of homes selling for over a million. Just a little tidbit!