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Winnetka, IL Real Estate News

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Real Estate Sales  March/April 2025  9 NEW HUBBARD WOODS HOMES FOR SALE IN March/April   1413 Tower: $1,199,000 (under contract) 815 Rosewood: $1,499,000(under contract)   251 Scott: $1,599,000 (under contract) 1149 Scott: $1,650,000 (under contract) 1170 Oakley: $2,195,000 (under contract)   1065 Fisher: $2,450,000 1250 Westmoor: $2,900,000 1575 Hickory: $3,195,000 (under contract) 977 Sheridan: $4,500,000  4 NEW PRIVATE HUBBARD WOODS LISTINGSIN March/April 154 Glenwood: $899,000 812 Rosewood: $1,200,000 1098 Fisher: $2,995,000 675 Blackthorn: $4,999,000  5 CLOSED HUBBARD WOODS LISTINGS IN March/April 1066 Tower List price: $959,000 Sold price: $975,000 Days on market: 12 312 Rosewood List price: $1,496,000 Sold price: $1,725,000 Days on market: 5 1344 Edgewood List price...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Bring Warmth Home with Pantone's Color of the Year: Mocha Mousse  When Pantone selected Mocha Mousse as its 2025 Color of the Year, it reinforced a growing trend in both fashion and interior design – one that emphasizes warmth and quiet luxury. The color institute notes that Mocha Mousse is a rich brown hue that answers “our desire for comfort.” True to its name, the shade evokes an indulgent chocolate mousse that you might enjoy while curled up on the couch in front of a fire. Beyond its cozy appeal, Mocha Mousse highlights a return to basics – a soft, grounding presence in a fast-paced era dominated by technology. “Mocha Mousse reflects our longing to connect with nature, infusing warmth into our spaces while fostering a calm and soothing ambiance,” said Clara Kim, co-founder and crea...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Real Estate Sales  January/February 2025   3 NEW HUBBARD WOODS HOMES FOR SALE IN January/February   1066 Tower Road:  $959,000 (pending) 1340 Edgewood: $1,350,000 (under contract)   865 Gordon Terrace: $4,199,000  3 NEW PRIVATE HUBBARD WOODS LISTINGSIN January/February 1065 Fisher: $2,450,000 822 Bryant: $2,699,000 946 Pine Tree: $3,999,000  4 CLOSED HUBBARD WOODS LISTINGS IN January/February 1432 Asbury List price: $2,199,000 Sold price: $2,050,000 Days on market: 36 901 Greenwood List price: $2,475,000 Sold price: $2,200,000 Days on market: 603 (new construction) 870 Heather Ln List price: 3,599,000 Sold price: $3,998,472 Days on market: 5 1330 Westmoor Tr List price: $4,795,000 Sold price: $4,675,000 Days on market: 493 (new construction)  CURRENT HUBBARD WOODS REAL EST...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
What Sold in Your North Shore Village in November & December 2024WINNETKAClick here to see all Winnetka homes or condos sold in Nov/Dec 2024All homes for sale:  25Current month's supply of inventory:  1.72024 median price: $1,750,000See Winnetka homes for saleSee Winnetka condos for saleSee Winnetka townhouses for sale WILMETTEClick here to see all Wilmette homes or condos sold in Nov/Dec 2024All homes for sale:  29Current months supply of inventory:  1.2Past 12 months median price: $1,138,000See Wilmette homes for saleSee Wilmette condos for saleSee Wilmette townhouses for sale KENILWORTHKenilworth homes sold in Nov/Dec 2024All homes for sale: 10Current month's supply of inventory:  2.7Past 12 months median price: $1,863,000See Kenilworth homes for saleGLENCOE Click here to see all Gle...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Real Estate Sales  Nov/Dec 2024   NO NEW HUBBARD WOODS HOMES FOR SALE IN NOV/DEC  4 NEW PRIVATE HUBBARD WOODS LISTINGSIN NOV/DEC 265 Woodland: $1,900,000 870 Heather: $3,799,000 973 Sheridan: $16,000,000 1155 Chatfield: no price given  9 CLOSED HUBBARD WOODS LISTINGS IN NOV/DEC 972 Tower Rd. List price: $699,000 Sold price: $699,000 Days on market: 12 1112 Tower Rd. List price: $679,000 Sold price: $700,000 660 Walden List price: $1,225,000 Sold price: $1,300,000 Days on market: 8 1046 Dinsmore List price: $1,499,000 Sold price: $1,400,000 Days on market: 12 1407 Tower List price: $1,625,000 Sold price: $1,625,000 Days on market: 6   1442 Scott List price: $2,199,000 Sold price: $2,300,000 Days on market: 6 850 Lamson List price: $2,299,000 Sold price: $2,456,500 Days on m...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
What Sold in Your North Shore Village in October 2024WINNETKAClick here to see all Winnetka homes or condos sold in October 2024All homes for sale:  32Current month's supply of inventory:  1.7Past 12 months median price: $1,725,000See Winnetka homes for saleSee Winnetka condos for saleSee Winnetka townhouses for sale WILMETTEClick here to see all Wilmette homes or condos sold in October 2024All homes for sale:  41Current months supply of inventory:  1.2Past 12 months median price: $1,115,000See Wilmette homes for saleSee Wilmette condos for saleSee Wilmette townhouses for sale KENILWORTHKenilworth homes sold in October 2024All homes for sale: 10Current month's supply of inventory:  2.4Past 12 months median price: $1,800,000See Kenilworth homes for saleGLENCOE Click here to see all Glenc...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Real Estate Sales  October 2024   2 NEW HUBBARD WOODS HOMES FOR SALE IN OCTOBER 660 Walden: $1,225,000 (under contract) 1442 Scott: $2,199,000 (under contract)    1 NEW PRIVATE HUBBARD WOODS LISTINGSIN OCTOBER 1432 Asbury: $2,199,000  3 CLOSED HUBBARD WOODS LISTINGS IN OCTOBER 850 Bell List price: $1,599,000 Sold price: $1,700,000 Days on market: $1,700,000 1509 Asbury List price: $1,695,000 Sold price: $1,795,000 Days on market: 3 1080 Crescent List price: $3,825,000 Sold price: $3,480,000 Days on market: 105  A jaw-breaking sale just closed at the Winnetka Mews. A 3-bedroom, 3-bath unit with a den and 1,955 sq. ft. was listed for $699,000 and sold for $950,000. The previous high price at the Mews was $895,000 in 2017 and almost double the size (3,450 sq. ft.)   CURRENT H...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
How Elections Affect the Real Estate Market - Myth vs. Reality(Reprinted with permission from @properties.) With the 2024 presidential election just days away, you might be wondering how elections impact the real estate market and whether it's a good time to buy or sell. The good news? It's business as usual for most of the real estate world before, during, and after election season.Despite the popular belief that presidents and parties have a big impact on the market one way or the other, data from the past three decades tells a different story, in fact*, home prices increased following all but one election - 2008, the start of the recession.**Elections are also apparently good times to borrow. That's because mortgage rates have declined leading up to seven of the last nine election cy...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Real Estate Sales  September 2024   8 NEW HUBBARD WOODS HOMES FOR SALE IN SEPTEMBER 1112 Tower: $649,000 (under contract) 1046 Dinsmore: $1,499,000 (under contract) 1509 Asbury: $1,695,000 (under contract) 850 Lamson: $2,299,000 (under contract) 1015 Dinsmore: $2,339,000 624 Pine Ln: $6,350,000   1 NEW PRIVATE HUBBARD WOODS LISTINGSIN SEPTEMBER 1432 Asbury: $2,199,000  4 CLOSED HUBBARD WOODS LISTINGS IN SEPTEMBER 845 Locust List price: $1,275,000 Sold price: $1,275,000 Days on market: 8 804 Boal List price: $1,600,000 Sold price: $1,550,000 Days on market: 15 950 Westmoor List price: $2,549,000 Sold price: $2,060,000 Days on market: 475 909 Old Green Bay List price: $2,795,000 Sold price: $2,585,000 Days on market: 28  CURRENT HUBBARD WOODS REAL ESTATE SNAPSHOTHomes for sa...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Charts, Charts, and More Charts There are 3 charts for the combined areas of Winnetka, Wilmette, Glencoe, and Kenilworth; and 3 for Northfield, Glenview, and Northbrook.)They show, in order, the median price change over 18 months, the median market time to sell, and the percentage of list price to sell price ratio (mostly over list price.)All charts are interactive - click and drag along the colored line! Median Price Change Over 1-Year Period(Winnetka, Wilmette, Kenilworth, and Glencoe) Northfield, Glenview, and Northbrook Median Market TimeWinnetka, Wilmette, Kenilworth, & Glencoe Northfield, Glenview, Northbrook Percentage of Sale Price to List PriceWinnetka, Wilmette, Kenilworth, and Glencoe Northfield, Glenview, and Northbrook See Homes for Sale WinnetkaWilmetteKenilworthGlencoeNor...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
What Sold in Your North Shore Village in August 2024  WINNETKAClick here to see all Winnetka homes or condos sold in August 2024All homes for sale:  40Current month's supply of inventory:  1.7Past 12 months median price: $1,750,000See Winnetka homes for saleSee Winnetka condos for saleSee Winnetka townhouses for sale WILMETTEClick here to see all Wilmette homes or condos sold in August 2024All homes for sale:  42Current months supply of inventory:  1.2Past 12 months median price: $1,111,000See Wilmette homes for saleSee Wilmette condos for saleSee Wilmette townhouses for sale KENILWORTHKenilworth homes sold in August 2024All homes for sale: 11Current month's supply of inventory:  2.3Past 12 months median price: $1,529,000See Kenilworth homes for saleGLENCOE Click here to see all Glencoe...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Real Estate Sales  August 2024  3 NEW HUBBARD WOODS HOMES FOR SALE IN AUGUST 1492 Asbury: $1,250,000 1344 Edgewood: $2,150,000   1 NEW PRIVATE HUBBARD WOODS LISTINGSIN AUGUST 765 Sheridan: $18,000,000   6 CLOSED HUBBARD WOODS LISTINGS IN AUGUST 1168 Hamptondale List price: $1,375,000 Sold price: $1,385,000 Days on market: 5 1000 Vernon List price: $1,399,000 Sold price: $1,460,000 Days on market: 4 900 Pine Tree List price: $2,195,000 Sold price: $2,100,000 Days on market: 6 845 Glen Oak List price: $2,450,000 Sold price: $2,200,000 Days on market: 89 680 Walden List price: $2,995,000 Sold price: $2,950,000 Days on market: 6   1228 Westmoor List price: $3,999,000 Sold price: $4,255,000 Days on market: 4    CURRENT HUBBARD WOODS REAL ESTATE SNAPSHOTHomes for sale: 6 (priced...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Commission Changes in Real Estate - Part 2The path to figuring out the momentous changes in real estate has become a little clearer. Or muddier. @properties has provided us with four new forms - two for sellers and two for buyers. The 2 new Seller forms include An entirely new Exclusive Sales and Market Brokerage Agreement (the listing agreement)The new listing agreement has no reference to a "co-op" commission which has been eliminated. The commission discussion is limited to only the amount paid to the listing brokerage. Sellers will no longer be required to pay the buyer's brokerage a commission fee. Whether or not to offer a commission to the buyer's brokerage will be an important part of the listing agent's job and can be provided in the addendum at #2. A new form called a Compensa...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Real Estate Sales  July 2024     3 NEW HUBBARD WOODS HOMES FOR SALE IN JULY 845 Locust: $1,275,000 1000 Vernon: $1,399,000 (under contract) 804 Boal: $1,600,000   NO NEW PRIVATE HUBBARD WOODS LISTINGSIN JUNE 8 CLOSED HUBBARD WOODS LISTINGS IN JUNE 1501 Tower List price: $1,249.000 Sold price: $1,450,000 Days on market: 5 854 Boal List price: $1,699,00 Sold price: $1,950,000 Days on market: 2 1412 Scott List price: $1,999,999 Sold price: $1,999,999 Days on market: 6 844 Hibbard List price: $2,100,000 List price: $2,100,000 Days on market: 9 777 Rosewood List price: %2,199,000 Sold price: $2,100,000 Days on market: 5 717 Rosewood List price: $2,225,000 Sold price: $2,517,000 Days on market: 4 824 Boal List price: 2,690,000 Sold price: $2,550,000 Days on market: 28 8 Kent Lis...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Winnetka North Shore Home Prices Continue to SoarThe real estate aggregator Inman News published this a few days ago:"The median U.S. sale price is up 5% year over year. But there are signs that price growth could slow soon, with the average home selling for under-list price, inventory rising, and a high share of listings growing stale.The median U.S. home sale price hit an all-time high of $397,482 during the four weeks ending July 7, up 4.7% year over year - the biggest increase in over four months. That's according to a new report from Redfin . . ."Let's take a look at the North Shore numbers.The median price for individual villages can be found at: What Sold in Your Winnetka North Shore Village.In Winnetka, Wilmette, Kenilworth, Glencoe, and Northfield villages, the median price for...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
What Sold in Your North Shore Village in June 2024 WINNETKAClick here to see all Winnetka homes or condos sold in June 2024All homes for sale:  40Current month's supply of inventory:  1.7Past 12 months median price: $1,7350,000See Winnetka homes for saleSee Winnetka condos for saleSee Winnetka townhouses for sale WILMETTEClick here to see all Wilmette homes or condos sold in June 2024All homes for sale:  43Current months supply of inventory:  1.3Past 12 months median price: $1,000,000See Wilmette homes for saleSee Wilmette condos for saleSee Wilmette townhouses for sale KENILWORTHKenilworth homes sold in June 2024All homes for sale: 11Current month's supply of inventory:  2.3Past 12 months median price: $1,475,000See Kenilworth homes for saleGLENCOE Click here to see all Glencoe homes o...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Real Estate Sales  June 2024Six new homes were listed in June and 4 are under contract.The median sale price in June 2023 (for the previous 12 months) was $1,428,000. The median sale price this June is $1,750,000.  6 NEW HUBBARD WOODS HOMES FOR SALE IN JUNE 1501 Tower: $1,249,000 (under contract) 1168 Hamptondale: $1,375,000 (under contract) 1338 Sunview: $1,700,000 1412 Scott: $1,999,000 (under contract) 824 Boal: $2,690,000 (under contract) 1134 Sheridan: $3,200,000   2 NEW PRIVATE HUBBARD WOODS LISTINGSIN JUNE 845 Locust: $1,275,000 1344 Edgewood: $2,200,000 7 CLOSED HUBBARD WOODS LISTINGS IN JUNE 256 Woodlawn List price: $1,375,000 Sold price: $1,400,000 Days on market: 76 1114 Merrill List price: $1,500,000 Sold price: $1,500,000 Days on market: 20 1133 Scott List pri...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Buying a Home AS-IS. Are You Being Serious?In a buyer's market, buyers won't offer AS-IS unless the house is marketed that way. During this current boom and strong seller's market, that has changed.  I see the  widespread use of buyers hoping to make their offer stand out by saying they will buy the house "AS-IS." The great majority will still conduct an inspection for their own knowledge, but they're maintaining that they will not ask for repairs. Or are they?I have represented three sellers recently and all three properties had multiple offers. In reviewing the offers with the seller, the price is what sellers focus on first. Then we move on to other points and an AS-IS offer is a plus. If the inspector notes something seriously wrong with a major component of the house, then the AS-I...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
What Sold in Your North Shore Village in May 2024Since January of this year, about half our villages have slightly more inventory and half have somewhat less. That's normal considering the small size of the towns and the low inventory. As for the median home price, all towns have seen prices rise since January. Winnetka +11.5% Wilmette +1.0% Kenilworth +1.67% Glencoe +15.8% Northfield +12.7% Glenview +7.6% Northbrook +4%  WINNETKAClick here to see all Winnetka homes sold in May 2024All homes for sale:  28Current month's supply of inventory:  1.6Past 12 months median price: $1,790,000See Winnetka homes for saleSee Winnetka condos for saleSee Winnetka townhouses for sale WILMETTEClick here to see all Wilmette homes sold in May 2024All homes for sale:  25Current months supply of inventory:...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Real Estate Sales  May 2024Seven new homes were listed in May and all 7 are under contract - one has closed already.  7 NEW HUBBARD WOODS HOMES FOR SALE IN FEBRUARY  1099 Fisher Lane: $1,590,000 (under contract) 1224 Asbury: $1,639,000 (under contract) 1197 Chatfield: $1,795,000  844 Hibbard: $2,100,000 (under contract) 900 Pine Tree Lane: $2,195,000 (under contract) 717 Rosewood: $2,225,000 (under contract) 1228 Westmoor: $3,999,000 (under contract)   1 NEW PRIVATE HUBBARD WOODS LISTING IN MAY 1501 Tower: $1,249,000  3 CLOSED HUBBARD WOODS LISTINGS IN MAY 790 Rosewood List price: $1,730,000 Sold price: $1,685,000 Days on market: 14 1197 Chatfield List price: $1,795,000 Sold price: $1,805,000 Days on market: 2 1016 Westmoor List price: $2,839,000 Sold price: $2,900,000  CU...
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