April was another nasty-weather month and I wonder how much it affected the sales of homes. Certainly, the Spring Housing Market has gotten off to a slow start. Here are some closed sale stats for the month:
Winnetka: 2 closed sales
265 Poplar $740,000
331 Linden $1,250,000
Wilmette: 10 closed sales
3123 Wilmette $380,000
2149 Washington $421,000
3217 Greenleaf $530,000
807 Forest $650,000
305 16th $655,000
119 Sterling $690,000
2147 Thornwood $750,000
1501 Washington $767,000
222 Woodbine $983,500
905 Osage $1,400,000
Kenilworth: 1 Closed Sale
206 Cumberland $2,256,250
Glencoe: 7 Closed Sales
351 Washington $435,000
475 Jackson $830,000
501 Monroe $925,000
382 Lincoln $1,200,000
249 Woodbine $1,225,000
294 Greenwood $1,600,000
995 Eastwood $2,565,000
A total of 20 homes closed in these four villages during the month of April, 2009 which compares to a total of 45 homes sold in April of 2008. Winnetka and Wilmette saw the largest decrease in sales, Kenilworth stayed the same, and Glencoe actually increased sales this year over last.
I expect to see a modest increase in sales during May. Warmer weather, people and homes emerging from hibernation, a continuation of low rates, and a large inventory to choose from.
Call me to find out about some really good buys!