Kicker is it has a radon problem, and seller is holding onto an unjustifiable (to a bank anyway) price.

I’d really like to see someone who appreciates BG and mid-century pick this up, because in the wrong hands it will be butchered…

Still, the point is that the final, comparable totals won’t be known until later in the year when we know which properties didn’t ultimately close and which were re-listed. My quote of 10% was obviously high, but some percentage of these properties will ultimately not make it into the final contract total.

The reason that current contracts are not entirely comparable to prior years, and are inflated in comparison, is that they include contracts that will fall out and return to active listing status. Those are not included in the prior year contract totals.

I read it that you are misunderstanding it. But then so is clio.

But ultimately, this doesn’t matter. Many have remarked on the fact that properties under contract have taken longer to close lately and that a higher percentage of properties ultimately do not close. The past may be the past, but presently conditions do not look favorable for all 327 properties to close or for Chicago to beat previous years in number of properties that go under contract (and ultimately close) in January.

You have to compare apples to apples – so you cannot compare 2012 minus 10% to other years (without subtracting the 10% from those years as well). Furthermore, you don’t know how this year will fare with regards to closing – you can’t “predict” anything in real estate based on past numbers – it is a fluid game right now – the past is the past and has no bearing from here on out.