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Shorewood Market Trends for February 2021

By
Real Estate Sales Representative with RE/MAX Suburban

Shorewood home sales for the month of February decreased in volume by 19% when compared to last year, while the median sale price rose by 41.5% from $272,000 to $385,000. The number of Single Family homes sales decreased by 16.7%, while the median sale price rose by 42.6% from $273,500 to $389,990. Condo/townhome sales decreased by 33.3%, while the median sale price rose by 8.4% from $190,000 to $206,000.

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Median Sale Prices for Shorewood

275k
265k
262k
272k
294k
272k
320k
294k
289k
323k
311k
287k
247k
280k
275k
385k
11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20 7/20 8/20 9/20 10/20 11/20 12/20 1/21 2/21

Number of Sales for Shorewood

31
25
22
21
25
26
23
38
28
30
40
42
28
38
18
17
11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20 7/20 8/20 9/20 10/20 11/20 12/20 1/21 2/21

Real Estate Sales for February in Shorewood

  February Year to Date (Jan 1 - March 3)
  2020 2021 Change 2020 2021 Change
Homes Sold 21 17 -19% 45 37 -17.8%
(Single Family) 18 15 -16.7% 39 30 -23.1%
(Condos/Townhomes) 3 2 -33.3% 6 7 +16.7%
Median Sale Price $272,000 $385,000 +41.5% $269,000 $331,840 +23.4%
(Single Family) $273,500 $389,990 +42.6% $275,000 $350,920 +27.6%
(Condos/Townhomes) $190,000 $206,000 +8.4% $182,000 $212,000 +16.5%
Days on Market 21 16 -23.8% 26 9 -65.4%
(Single Family) 34 18 -46.3% 37 13 -66.2%
(Condos/Townhomes) 3 10 +216.7% 14 6 -55.6%

HomesByMarco sold over 300 homes last year

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Marco Amidei is an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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