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chi-remax The sale of luxury homes like this has accelerated throughout the Chicago region.

CHICAGO—In September, overall home sales throughout much of the Chicago region took a nosedive, but one segment seems immune from that decline. Sales of $1-million-plus homes in the seven-county Chicago area rose 6.6% during the third quarter to 790 units, up from 741 units in the same period last year, according to a quarterly analysis from RE/MAX. The median sales price of luxury properties sold during the quarter rose slightly, gaining 0.8% to $1.32 million.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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