Glencoe IL Real Estate Market Action Report February 2012
By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
Glencoe's January Property sales were 7, down -36.4% from 11 in January of 2011 and -36.4% lower than the 11 sales last month. January 2012 sales were at their lowest level compared to January of 2011 and 2010. January YTD sales of 7 are running -36.4% behind last year's year-to-date sales of 11. The Median Sales Price in January was $850,000, down -11.7% from$962,500 in January of 2011 and up 19.4% from $712,000 last month. The Average Sales Price in January was $1,696,786, up 43.1% from $1,185,973 in January of 2011 and up 112.1% from $800,136 last month. January 2012 ASP was at highest level compared to January of 2011 and 2010. The Total Inventory of Properties available for sale as of January was 89, up 4.7% from 85 last month and down -16.8% from 107 in January of last year. J...
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