The statistics below reflect the lag in sales - these homes went under contract in January through March. Interest rates have now popped over 5% for 30% conventional loans.In Winnetka, Wilmette, and Glencoe, the number of under-contract homes is at least double what is available for sale. It's an
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05/05/2022
11 new homes were listed in April and 8 went under contract within days. What's different in April is that of the 7 homes that closed, only 2 went over the list price. However, of those 2 homes, one sold for $500,000 over the list price! 11 NEW HUBBARD WOODS HOMES FOR SALE IN APRIL 148 Glenwood
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05/02/2022
Inman News, a large aggregator of real estate news, published "Home Prices Soared 20% Annually in February. Analysts Say We've Peaked." This was a report on real estate activity across the nation.I decided to check the Winnetka North Shore real estate market for comparison. Inman used February of
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04/27/2022
Ten homes sold in 2021 in the North Shore villages that were over $5,000,000.There were 3 in Glencoe, 2 in Kenilworth, and 5 in Winnetka. I've included 3 more higher priced sales outside of the North Shore but in our same Multiple Listing Service. 326 Essex, Kenilworth - $5,000,000 115 DeWindt,
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04/08/2022
Here is what sold in your North Shore village in March 2022 WINNETKAClick here to see all Winnetka homes that sold in MarchHomes for sale: 21 ($449,000 to $6,999,000)Private network homes for sale: 12Under contract or pending: 51Median price year-to-date: $1,450,000Current supply of inventory: 1.
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04/05/2022
The strong seller's market continues in Hubbard Woods and the North Shore. Seven new homes listed and six under contract almost immediately. Five homes closed in Hubbard Woods with five of them going over list price.Needless to say, multiple offers are involved in many cases.The only dim spot on
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04/05/2022
You're planning to sell your home soon and are wondering what repairs you should be making. Clearly, if you know what's broken, take care of those items first. Things like dead light bulbs, unreliable appliances, or floor stains.Remember that making repairs before you list your home always means
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03/09/2022
Chicago's North Shore generally consists of the communities that abut Lake Michigan. They are Wilmette, Kenilworth, Winnetka, Glencoe, and Northfield. Northfield is not on the water, but it shares a zip code with Winnetka.The one thing these towns have in common is New Trier High School - a highl
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03/04/2022
WINNETKAClick here to see all 15 Winnetka homes that sold in FebruaryHomes for sale: 21 ($490,000 to $5,275,000)Private network homes for sale: 15 ($1,050,000 to $7,975,000)Under contract or pending: 40Current supply of inventory: 1.6 monthsSee all Winnetka homes for saleSee all Winnetka con
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03/03/2022
Just two months into 2022 the real estate market is looking very similar to 2021. Three new homes were listed in February and all 3 are already under contract.Mortgage rates are expected to rise but for the short term not more than 4%.With life beginning a return to normal, will buyers still be c
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03/03/2022
