March Housing Market Statistics for Winnetka, Wilmette, Kenilworth, and Glencoe
Closed sales for these North Shore communities has continued to stay steady in terms of number of units closed. What has also remained steady, unfortunately, is the ratio between original list price and final sale price – a dismally low average of 78%.
While motivated and well-advised sellers listed at prices that attracted offers, many more had to wait it out and keep reducing prices, thus resulting in such a low list vs. sell ratio. Well priced homes also sold in less than three weeks which is phenomenal in this difficult market.
Three foreclosure sales are on the list as well as several short sales. As you can see, the homes that sold for more than 90% of list price generally sold quickly, less than a month and in some cases less than a few weeks. Two homes sold for less than 50% of their original list price, a monumental miscalculation of the current real estate marketplace.
Winnetka - 13 closed sales
1182 Chatfield - $850,000 list price, $600,000 sell price, 163 days on market, 70% of list price
1285 Asbury - $1,049,000 list, $880,000 sell, 346 days on market, 84% of list price
945 Ravine - $2,295,000 list, $930,000 sell, 844 days on market, 41% of list price
859 Sheridan - $1,895M list, $970,000 sell, 1156 days on market, 51% of list
471 Hawthorn - $1.575M list, $1.035M sell, 619 days on market, 66% of list
1430 Edgewood - $1.195 list, $1,065M sell, 222 days on market, 89% list
780 Prospect - $1.699M list, $1.442M sell, 275 days on market, 85% of list
514 Willow - $1.599M list, $1.5M sell, 20 days on market 94% of list
181 Birch - $1.795M list, $1.750M sell, 3 days on market, 97% of list
1171 Lindenwood - $1.980M list, $2.0M sell, 16 days on market, 1.10% (foreclosure sale)
465 Sheridan - $4.325M list, $2.8M sell, 1329 days on market, 65% of list
4 Golf Lane - $3.7M list, $3.5M sell, 370 days on market, 95% of list (new construction)
523 Hoyt - $6.750M list, $6.621M sell, 300 days on market, 98% of list (new construction)
Northfield - 2 closed sales
289 Ingram - $410,000 list price, $367,000 sell price, 30 days on market, 90% of list price
190 Dickens - $1.295M list price, $950,000 sell price, 248 days on market, 73% of list price
Kenilworth - 5 closed sales
355 Ridge - $799,000 list price, $612.500 sell price, 423 days on market, 77% of list price
727 Kent - $879,000 list, $815,000 sell, 94 days on market, 93% of list
515 Kenilworth Ave - $1.995M list, $910,000 sell price, 734 days on market, 46% of list
504 Park - $2.750M list, $1.625 sell, 344 days on market, 60% of list
523 Essex - $3.695M list price, $2,950M sell, 247 days on market, 80% of list
Wilmette - 23 closed sales
833 Lavergne - $244,900 list price, $200,000 sell price, 334 days on market, 82% of list price
2828 Wilmette Ave - $389,500 list, $352,000 sell price, 177 days on market, 90% of list
439 Wilshire - $515,000 list, $400,000 sell, 230 days on market, 78% of list
1035 Illinois - $950,000 list, $522,000 sell, 210 days on market, 55% of list (foreclosure sale)
1229 Washington - $599,000 list price, $542,500 sell, 92 days on market, 91% of list
124 Woodbine - $625,000 list, $602,000 sell, 4 days on market, 96% of list price
2510 Marian - $989,900 list, $635,000 sell, 351 days on market, 64% of list price
717 Greenleaf - $725,000 list, $699,000 sell, 115 days on market, 96% of list
1215 Hunter - $819,000 list, $640,000 sell, 297 days on market, 78% of list
2100 Greenwood - $699,000 list, $670,000 sell, 8 days on market, 96% of list
723 Park - $749,000 list, $710,000 sell, 47 days on market, 95% of list
356 Isabella - $725,000 list price, $710,000 sell, 6 days on market, 98% of list
730 Central - $985,000 list price, $815,000 sell, 151 days on market, 83% of list
269 Wood Ct. - $899,000 list price, $875,000 sell price, 66 days on market, 97% of list
1517 Forest - $935,000 list, $900,000 sell, 6 days on market, 96% of list price
934 Sheridan - $1.345M list, $925,000 sell, 459 days on market, 69% of list
1221 Colgate - $1.549M list, $1.075,975 sell, 428 days on market, 68% of list
631 Washington, $1.239M list, $1.1M sell 205 days on market, 89% of list
925 Ashland, $1.289M list, $1,111,500 sell, 124 days on market, 86% of list
1020 Ashland, $1.675M list, $1.3M sell, 113 days on market, 78% of list
1010 Linden - $1.695M list, $1.410 sell, 127 days on market, 83% of list
1028 Chestnut - $3.495M list, $3.075M sell, 106 days on market, 88% of list
1250 Chestnut - $3,587,900 list, $3,701,000 sell, 10 days on market - 1.03% of list (Tony Rezko Foreclosure)
Glencoe - 5 closed sales
491 Washington - $1.695M list price, $1,172,500 sell price, 250 days on market, 69% of list
815 Greenleaf - $1.550M list price, $1.175M sell, 233 days on market, 76% of list
830 Oak - $2.175M list price, $1.5M sell price, 439 days on market, 69% of list
115 Timber - $2.270M list price, $1.650M sell price, 192 days on market, 73% of list
1215 Longmeadow - $3.699 list price, $2.2M sell price, 1,108 days on market, 59% of list price
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