In January the weather is usually predictably cold - but not this year. The fine weather has brought out 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:
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:
To CONTACT Margaret Goss, please call 847-977-6024 or email: firstname.lastname@example.org
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.