It's as if there is an invisible wall running through the middle of Chicago, along Western Avenue all the way south of Montrose. When buyers of million dollar homes specify their search criteria they will often specify that they want to stay east of Western Avenue - or if they specify Ukrainian Village, Bucktown, Wicker Park, Roscoe Village, or St. Ben's those neighborhoods technically stop at Western Avenue so again you are staying east of Western. And it almost doesn't matter anyway because over the last 7 years there have been very few homes above $1 MM for sale west of Western anyway as you can see in the map below. It's pretty dramatic isn't it?
In this map I just looked at home sales west of Ashland to reduce the data points and the sales for each of the last 7 years are color coded. In fact you can turn on or off any particular year by checking different boxes at the bottom of the map. And you can go here to see a full sized version of the map: Million Dollar Homes West Of Ashland.
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