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Hubbard Woods Winnetka Homes Update for November 2020
HUBBARD WOODS November 2020
The Hubbard Woods real estate market has been quiet in November. Between the holidays and more covid restrictions, buyers have been staying put. It’s possible that we’ll have a more normal spring market in 2021 as restrictions lift and the vaccine becomes more readily available.
Inventory is down substantially in Hubbard Woods (18 homes for sale right now) vs. 34 last year at this time, and 45 for sale last year October. The scarcity is clearly a result of home sellers delaying putting their homes up for sale until Covid is more under control.
1 NEW HUBBARD WOODS LISTINGS IN November 2020
No New PRIVATE NETWORK LISTINGS
3 CLOSED HUBBARD WOODS HOME SALES IN October 2020
1162 AsburyList price: $1,099,000
Sold price: $1,101,000 (over asking)
Days on market: 10
List price: $1,499,000
Sold price: $1,499,000
Days on market: 92 days
List price: $1,989,000
Sold price: $1,800,000
Days on market: 71
CURRENT HUBBARD WOODS REAL ESTATE MARKET:
Homes for sale: 18
Price range: $375,000 to $6,649,899
Median year-to-date price: $1,092,000
Under contract: 10
Current absorption rate: 3.3 months (a seller’s market)
Condos for sale: 1
Price range: $338,000
HUBBARDS WOODS NEWS
Scandal, the large Scandinavian women’s clothing store is closing and currently having a close-out sale.
Pedego is a new electric bike store which offers sales and rentals.
While ... more
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