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Kenilworth IL Real Estate Report 1st Quarter 2019
KENILWORTH 1stQ REAL ESTATE REPORT - 2019
 
Kenilworth is a beautiful and desirable Chicago suburb in which to purchase a home. Its school, Joseph Sears, takes in children from junior kindergarten through 8th grade making it the only suburb in the North Shore to have one school. Excellent schools are found throughout the North Shore but most have several schools handling different grades.
 
3 homes closed in the 1st quarter of  2019 in KENILWORTH compared to last year when 6 homes closed.
The median price for homes sold year-to-date this year is $1,290,000 (based on a small total of 4 closed sales.)  Last year’s median, based on the 6 sales, was $1,450,000.
 
 
 
 
 
1st QUARTER 2019 vs 2018

 
 
CURRENT SNAPSHOT OF KENILWORTH REAL ESTATE
 
Homes for sale: 43
Price range: $625,000 to $13,750,000
Under contract: 6
Absorption rate: 11.25  months (a strong buyer’s market)
List price to sell price ratio: 86% (based on year-to-date sales)
Average days on market: 205
April 5 - jumbo loan interest rate: 3.875%
April 5 - conventional loan interest rate: 4.0%

The absorption rate at 11.25 months has risen for the year and is considered a buyer’s market. This figure indicates the number of months it would take all Kenilworth inventory to sell without any new homes coming on the ... more

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