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Winnetka/North Shore 2019 Real Estate Year in Review
 
Winnetka/North Shore 2019 Real Estate Market Review 
 
Most North Shore agents would say they’re glad 2019 is behind us. It was not as robust as 2018 and many of us felt that sales were sluggish with some outliers throwing the numbers out of whack. In the information below, for example, Kenilworth had 22% fewer home sales in 2019 but both the average and median prices rose.
 
I saw some of the best values (aka as deals) that I’ve seen since the recession. Buyers caught on that they could now afford homes in Winnetka and prices dropped by substantial increments. It was a buyer's market all year long in every North Shore town.
 
New construction is still popular but taking longer to sell. Ultimately, the less work that needs to be done to a home, the faster it will sell. Homes on larger parcels of land are also waning in popularity as Millenials seek smaller spaces all around. That is, if they decide to leave the city at all. The one-half to full acre lots that baby boomers loved are not moving right now.
 
Here is a  comparison of stats for 2018 vs. 2019 for the North Shore villages of Winnetka, Wilmette, Kenilworth, Northfield, and  ... more

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