Back in the 1990s, homebuilders in the western, high-end suburb of Hinsdale made a habit out of tearing down charming homes in favor of the over-sized homes popular during that time. Those homes so highly sought-after in the ‘90s are now challenging to unload, causing the local market to be sluggish.

 As reported by Chicago Magazine, there are a few reasons why Hinsdale’s “McMansions” have been slow to sell. Many of the properties are designed with finishes in style at the time they were built. Now years later and trends have changed. However, because of the large price tags of the homes, they aren’t prime for flippers or developers who otherwise would make those design updates to include interiors suited for the 2017 buyer.

 The median list price in Hinsdale in September was $1.14 million and the average sale price was significantly lower at $750,000.

 Last month, the highest priced home sale was recorded in Hinsdale, as reported by Crain’s. The 10,500-square-foot mansion on Oak Street sold Sept. 15 for $4.3 million, which was a 14 percent loss from the original sale price in 2006. 

The home was initially put on the market August 2016 with a $6.65 million price tag. Sitting on more than an acre, the five-bedroom home was listed for just under $5.5 million when it was purchased and negotiated down.