Skokie IL Real Estate November 2016

By
Real Estate Agent with Coldwell Banker 475.140531
http://activerain.com/droplet/4Xz2

Looking at the Skokie IL Real Estate report for November 2016 and a 30 period as compared to the same Skokie ILtime last year shows an active market. Taking a 30 time frame that ends November 14, 2016 and the exact same period of 2015 shows that Skokie IL has a 20% change in new listings of all types of properties. 15.5% less closed sales and 22% less inventory.

If we break it down and look at Skokie IL real estate and single family homes new listings are up 32.7% this month. We have 65 new house listings and in 2015 during the same 30 period it was 49. Under contract properties are up 10% to 33 houses Vs 30 last year. Closed sales are down 30% to 35 from last year's 50. The average sales price for a Skokie IL single family is currently up 6.6% to $305,472, one year ago the figure was $286,250. The average market time before a contract is at 60 days as opposed to one year ago 62 days a slight decrease of 3.2%.

Click Skokie IL Houses for sale and Skokie IL Condos for sale and you will have the latest inventory.

Skokie IL Google Map

Now on to the Skokie IL Real Estate scene as it relates to condominiums. The news listings in this period as compared with 2015 is flat, 31 condos hit the market in the 30 time frame both seasons. The under contract figure for Skokie condos is surprising at a 93.8% increase with 31 properties and this month last year it was only 16. Closed sales of condos are currently up 19% with 25 properties changing hands and in the same period last year the number was 21. The average sales price for a Skokie IL condo is up 13.8% to 234,100 from last year's $205,623. The average market time for a Skokie IL condo to see a contract is at 106 days, an increase of 43.3% from 74 days during this month in 2015

When you want to learn more about Skokie IL Real Estate, the local schools or any questions at all please call us day or night at (800) 858-7917. You can also find us online at Coldwell Banker Skokie.

Skokie Real Estate November 2016

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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Hi Noah

This is a terrific market overview for the Skokie area with some important shifts that buyers and sellers should understand - and you are the real estate professional in the Skokie area to help them understand what the market conditions mean for them but to also help them buy or sell.

Jeff

Nov 20, 2016 08:37 AM #1
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Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Thank you Jeff Dowler 

I really appreciate your positive and very complimentary comment.

Nov 20, 2016 10:03 AM #2
Rainmaker
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Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Good evening Noah, great market report packed with Skokie IL real estate market information. Over 32% increase in listings is a great number, more choices for buyers. Whether buying or selling a home in Skokie IL, you are the real estate agent to call.

Nov 20, 2016 10:40 AM #3
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

It looks like a beautiful place I that would probably consider staying for a bit one day in the area.

Nov 20, 2016 03:30 PM #4
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Skokie IL home sellers will be in very good hands when they select you as their listing agent.

Nov 20, 2016 08:00 PM #5
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Noah.  Thanks for keeping us in the loop with what's happening in the Skokie real estate market.

Nov 20, 2016 09:01 PM #6
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Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Noah - this is a very good overview of the Skokie real estate market and with you assisting them prospective buyers and sellers will be well-equipped to be successful.  

Nov 20, 2016 11:31 PM #7
Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good Morning Noah and thanks for the update on Skokie real estate market.  Hope you have a grerat day!

Nov 21, 2016 12:21 AM #8
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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Noah - This is a very comprehensive look at how the Skokie real estate market is doing, and does a great job showcasing your extensive knowledge of what's going on.

Nov 21, 2016 02:20 AM #9
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

You have really showcased your knowledge of the Skokie, IL real estate market with this report. This is information that will be useful to both buyers and sellers. 

Nov 21, 2016 07:06 AM #10
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Noah this is valuable info for Buyers and Sellers.  Hope the inventory picks up so sales in Skokie can increase again.

Nov 21, 2016 08:19 AM #11
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Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Thanks friends.

Nov 21, 2016 10:43 AM #12
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Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Alexandria Virginia Homes For Sale

Noah, you know your market so well and always provide the information that buyers and sellers are seeking. Excellent update on the Skokie IL real estate market.

Nov 21, 2016 10:19 PM #13
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Good Morning Noah Seidenberg . stopping by to wish you a Happy Thanksgiving

Nov 23, 2016 06:46 AM #14
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