Q.1
A three-bedroom home in DePaul, built in 1886, had been on the market last spring with an asking price of $875,000. The listing expired, but late this January the sellers' agent, Sophia Klopas of Koenig & Strey, told them, "the market is heating up. Let's get back on." This time they asked $850,000. It sold at 98% of that, $835,000. How fast did it sell? *

Q.2
Because they had owned their Arlington Heights home since it was built in 1998, the sellers of this 5-bedroom didn't have a peak-of-the-market price they wanted to re-capture. They asked their agent, Dina Skinner of Meritage Realty, to sell it quickly. They asked $865,000 and accepted a full-price offer. How fast did it sell? *

Q.3
This vintage two-flat in the Blaine School district in Lake View was converted to a single-family home in the 1990s. It had 35 showings and received 11 offers in the three days it was on the market, represented by Joan Broderick of Jameson Sotheby's. The asking price was $849,000. What did the top bidder pay? *

Q.4
A nicely renovated vintage home in the Burley School district in the Southport Corridor first went on the market in May 2010, asking $1.3 million. By the time it went off the market last July, the price had come down to $995,000. The sellers put it back on the market this February, listing it with Nancy Tassone of Jameson Sotheby's at $989,000. It went under contract in 5 days. How many offers came in, and what was the sale price?

Q.5
Purchased for $76,000 in 1997 and then extensively renovated, this East Ukrainian Village property has two apartments in the main house--including a three-bedroom, two-story owner's unit--and two more in the coach house out back. It was listed with @Properties' Mark Baetzel, priced at $850,000. It sold for $845,000, a little more than 99% of the ask. How fast did it sell?

Q.6
A Roscoe Village home built in a modern Prairie style in 2002 went on the market in June 2012 asking $919,000. By November it was unsold at $899,000 and went off the market. Within 4 days of it being re-listed at $874,000 in mid-January, an offer of $862,500 came in. The offer was from buyers who "knew the market was very competitive and we'd have multiple offers," says listing agent Karen Biazar of North Clybourn Group. What other terms in the buyers' offer helped them nail down a contract before competitors could bid the price up? *

Q.7
The sellers of a 13-room home in Glencoe were prepared to take a loss. They had paid $2.475 million for the house in 2005. When they listed it with Coldwell Banker's Gloria Matlin in late March, they let go of that boom-years price and asked $2.3 million, a 7% loss. Matlin sold the house before it ever officially hit the market, April 2. At what price? *

Q.8
A nicely updated four-bedroom built in 1921 in Northwest Evanston came on the market looking sharp and priced aggressively. The sellers were asking $787,500, which is 90% of the $875,000 they had paid for it in pre-crash mid-2006. Their agent, Michael Thomas of @Properties, was right to note in his listing that potential buyers "better be quick!" How fast, and at what price, did the house sell? *

Q.9
The homeowners who in 2008 paid $2.1 million for a 15-room, 5-bedroom home in River Forest had it on the market last fall at $1.95 million. In late February, they told their listing agent, Greer Haserman of Gagliardo Realty Associates, to re-activate the listing, at the same price. They ultimately sold the house for $1.735 million. How fast did it sell this time? *

Q.10
A three-bedroom condo in a Lakeshore East highrise had been purchased in 2007 for $937,500, but was later foreclosed. The lender put it on the market in mid-March at $789,900. It sold in 9 days. What was the sale price? *

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