Chicago's North Shore Real Estate Market Recap for 2012
2012 has come to an end - what will 2013 bring? As an active REALTOR I think that 2012 was a very active throughout Chicago's North Shore - values of homes continue to inch up and the mortgage rates are still very low which is a great indicator that 2013 will be a very good year for Real Estate.
Below is a snap shot of Real Estate transactions for Detached Single Family Homes during 2012 in Various North Shore Suburbs
Town # of homes closed Avg. sold price Highest sold price
Deerfield 193 $479,709 $1,456,500
Glencoe 143 $1,079,113 $7,500,000
Highland Park 339 $578,048 $4,500,000
Kenilworth 31 $1,244,952 $3,700,000
Winnetka 207 $1,234,504 $4,900,000
Wilmette 335 $713,666 $3,000,000
If you are planning on selling your home in 2013 call me for a comparative market evaluation of your residence. Some important tips to keep in mind: 1. List to sell - your house will need to shine within its price bracket. 2. List with a real estate agent who presents you with a marketing plan- know what kind of marketing and exposure your home will receive. 3. De-clutter - get rid of things that you do not plan on taking with you - donate, have a garage sale or sell on eBay.
The above article, Chicago's North Shore Real Estate Market Recap for 2012,was written by Noah Levy - A REALTOR assisting sellers and buyers with their real estate needs along Chicago's North Shore.