The Chicago Price Ladder: 1737 Sales at $1M and Up in 12 Months

The city’s high-end market moved 1737 units worth $3B in the last year, all priced at $1M or more. With an average of $1.69M and a peak of $8,225,000, the data captures the bulk of luxury transactions. The following sections break down how sales thin out as prices rise and which agents dominate the sparse top rung.  ## The ladder  $1M and up: 1737 sales, $3M and up: 115 sales, $5M and up: 17 sales and $10M and up: 0 sales. The ladder reveals a market that is broad at the base and narrow at the peak. From 1737 sales at $1M, the count falls to 115 at $3M and 17 at $5M, with zero sales at $10M. For a seller, this means pricing above $5M enters a territory with very few recent comparables. The volume is concentrated in the lower luxury tiers, where the average of $1.69M and the $495 per square foot rate apply most directly. ## Who closes at $5M and up  1. **Jeff Lowe** — 3 sales at $5M and up, top sale $7,500,000 2. **[Lowe Group Chicago](https://directory.luxuryhomesshowcase.com/listings/lowe-group-chicago)** — 3 sales at $5M and up, top sale $7,500,000 3. **Katherine Malkin** — 2 sales at $5M and up, top sale $7,500,000 4. **Joanne Hudson** — 2 sales at $5M and up, top sale $5,955,000 5. **The Joanne Hudson Group** — 2 sales at $5M and up, top sale $5,955,000 The top rung, defined here as $5M and up, is closed by a small group. Of the 32 agents who had sales in this band, the leaders are distinct: Jeff Lowe and the Lowe Group Chicago each closed 3 sales, with tops of $7,500,000. Katherine Malkin and Joanne Hudson follow with 2 sales each. This concentration suggests that a few names dominate the highest end, though the field is not exclusively theirs. ## The biggest sales of the year  Use this ladder to calibrate expectations. The directory pages for listed agents, such as the Lowe Group Chicago, provide access to their current listings and open houses. The statistical drop-off from 1737 sales at $1M to 17 at $5M highlights where the market is most active. For those operating in the upper tiers, the directory offers a direct line to the agents who have recently closed in that space. *Source: the Compass transaction histories of every Compass agent in the Chicago area, as recorded on September 15, 2026; closed sales over the 12 months to August 2026. One sale is one listing.*