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Skokie IL Real Estate July 2015

By
Real Estate Agent with Coldwell Banker 475.140531

The Real Estate scene in Skokie IL is interesting this month. There is a lack of inventory in single family homes and the condo situation is up 45% since the same time last year. If you are a home owner in Old Orchard Mall Skokie ILSkokie IL now would be a great time to list your house, the demand is greater than the supply. Interest rates may rise soon so if you are thinking of moving, this is the time to place your single family home on the market for sale.

At this time there are 164 single family homes for sale in Skokie IL and 132 under contract and waiting to close. In last 30 days, 56 houses have sold and are closed. For condos at this time there are 91 units for sale in Skokie and 69 under contract and waiting to close. In the last 30 days, 26 condos have closed and are sold.

If you are interested in searching on our own, click Skokie Houses or Skokie Condos for sale. You will see a direct connection to the Multiple Listing Service with data updated on the fly.

Skokie IL Google Map

Skokie IL is a wonderful community to live. The home prices and property taxes are quite a bit lower compared to its neighbor to the east in Evanston IL. The schools are excellent, kids attend Niles North or Niles West High school. If you are interested in the school system for Skokie IL, click Skokie Schools and you can find out so much useful information.

If you are considering a move to Skokie then you should contact Coldwell Banker Evanston the oldest and most successful Real Estate Brokerage in Chicago Land. We can set up a customized search for you and show you properties at a time that works for your schedule.

If you feel it is time to sell your home in Skokie IL, the Realtors at Coldwell Banker Evanston can create a comparative market analysis of your home's value and a plan to get your property sold quickly and with the most value possible. Give us a call and find out more information.

Understanding your Expectations and Exceeding them

Coldwell Banker Residential Real Estate

(800) 858-7917

Skokie Market Report July 2015

Comments(24)

Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Interesting, Noah. What accounts for the lower housing prices and property taxes in Skokie compared to Evanston? The distance from the lake? I hope home owners in Skokie take your advice and have you help them with their sales.

Jul 19, 2015 03:00 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

That is a big factor Lottie Kendall. Also Skokie was a dairy farm until the early 1950's and most homes are mid century where Evanston is full of historic landmark homes dating back to the middle 1800's.

Jul 19, 2015 03:05 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Did you hear that potenial home sellers in Skokie IL? Take it from area real estate expert, Noah Seidenberg, it is a good time to call him and get your property listed in this market.

Jul 19, 2015 03:08 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Thank much Anita Clark you are a great supporter.

Jul 19, 2015 03:09 AM
Roy Kelley
Retired - Gaithersburg, MD

Home sellers and home buyers will benefit from your comprehensive knowledge the area real estate market.

Jul 19, 2015 03:14 AM
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Perhaps you're also seeing what we see here--people like living in an area with walking destinations; many of the homes built here in the 1950's were built to accomodate the auto, not pedestrians. However, good schools and more space lure young people out of the cities at least while their children are growing up. There's definitely a place for all types of buyers.

Jul 19, 2015 03:45 AM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Noah - Excellent market report for Skokie. Low inventory creates interesting challenges and opportunities - buyers and sellers would both benefit tremendously from your expert assistance.

Jul 19, 2015 05:12 AM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

It has been a wild ride for everyone with the inventory game this year.  Not sure why there seems to be a shortage of homes this year.  Maybe people are refinaning and putting down deep roots.

Jul 19, 2015 05:36 AM
Yolanda Cordova-Gilbert
Richmond, TX

Noah,

 People wanting to buy or sell in Skokie should call you have a great day!

Jul 19, 2015 06:29 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I have to say I love the combo of maps, pictures and data. Well done again my friend. Hope you had a good Sunday, Have a good night.

Jul 19, 2015 08:34 AM
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Hi Noah, looks like the real estate market in Stokie is booming! Buyers interested in the area should definitely contact you to have them help you find the best home for them!

Jul 19, 2015 09:13 AM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

Hello Noah, always good to read when a friends neighborhood real estate market percentages keep going up, up and up.

Jul 19, 2015 09:54 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Noah...I took a break from commenting, but I'm back again. Nice post. Thanks for your comments. 

Jul 19, 2015 10:16 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Noah you are right this would be a great time for anyone in Skokie thing of selling their home to put their home on the market and maximize their profit.

Jul 19, 2015 11:36 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Thanks for stopping by friends.

Jul 19, 2015 12:30 PM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Hi Noah, excellent report on the Skokie IL real estate market.

Jul 19, 2015 01:22 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Noah

If someone is thinking about sell in Skokie Illinois . . . . this would be a great time to list your property.

Good luck and success.

Lou Ludwig

Jul 19, 2015 02:05 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Noah I see detailed reports all over the country, but yours is clearly more detailed...I am confident the sellers and buyers who read your reports in Skokie IL agree and appreciate it, Endre

Jul 19, 2015 02:16 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Noah -- Skokie homeowners thinking of moving should contact you not just to LIST their home but to SELL.   Your local expertise makes it happen.

Jul 19, 2015 11:59 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

You tell it like it is Noah and make a good case for selling now. I hope you get lots of new selelrs from this post.

Jul 20, 2015 11:44 AM