Kenilworth Real Estate Snapshot January 2017

By
Real Estate Agent with Baird & Warner Real Estate
https://activerain.com/droplet/4Zff

In January the weather is usually predictably cold - but not this year.  The fine weather has brought Kenilworth Home salesout many buyers as well as new listings (and old ones) entering the market.  Kenilworth has had high inventory for a while but Joseph Sears School is still a huge draw to people wanting an excellent school that encompasses K-8th grade.

What does the Kenilworth real estate market look like today:

Homes for sale:  39

Low price:  $599,900

High price:  $7,749,000

Median price:  $1,725,000

Under contract and pending homes:  8

Absorption rate:  9.5 months (buyer's market)

 

How were Kenilworth home sales in 2016?

Total homes sold:  51 

Low price:  $440,000

High price:  $4,000,000

Median price:  $1,200,000

 

 

What were the most popular price ranges in Kenilworth home sales in 2016:

Kenilworth homes for sale

To fine tune these numbers further, the most sales occured like this:

  • 17 homes sold for under $1 million
  • 15 sold between $1-1.5 million
  • 19 homes sold over $1.5 million

 

One issue I noted is that the median asking price for a Kenilworth home is $1,725,000 but the median sold price is $1,200,000. The numbers don't lie and I predict that list prices will need to come down more.

More Kenilworth information:

See Kenilworth homes for sale under $1 million

Kenilworth homes priced between $1-2 million

Kenilworth homes over $1 million

 

To CONTACT Margaret Goss, please call 847-977-6024 or email:  margaret.goss@bairdwarner.com

Margaret Goss is a full-time real estate agent since 1998 servicing the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston.  See full BIO for Margaret Goss.

 

 

 

 

Posted by

Margaret Goss - Winnetka and North Shore Real Estate Broker
Specializing in homes for sale in Winnetka, Wilmette, Kenilworth, Northfield, Glencoe, Glenview, Northbrook, and Evanston.

Looking for a knowledgeable Illinois Realtor?  Google me! 
 

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Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
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Margaret Goss Thank you for taking the time to share this vital real estate market insight.  This is the sort of item that buyers and sellers will find most beneficial...helping them to make informed market decisions.  Very professional!

Jan 30, 2017 08:47 AM #1
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Chicago's North Shore & Winnetka Real Estate
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