Glencoe IL 6-Month Real Estate Stats 2017, 2018, and 2007

By
Real Estate Agent with Baird & Warner Real Estate

Glencoe IL has had two successive years of nearly identical statistics for the first six months of 2017 vs 2018.

GLENCOE REAL ESTATE REPORT FOR FIRST HALF-YEAR 2017, 2018, and 2007

 

Glencoe IL real estate report


But Glencoe is a long ways off from its pre-recession high average price of $1,533,000.  There were considerably fewer homes sold in 2007 (fewer homes were for sale) and it took much longer to sell them. As in all the other North Shore communities, prices were selling at astronomical numbers but seller's consistently overpricing caused long sell times. The list price to sell price ratio is similar across all three time periods - 89-90%)  which indicates overpricing of homes with several price reductions to get a sale.


CURRENT GLENCOE REAL ESTATE MARKET



Current homes for sale: 105
Priced:  $375,000 to $5,950,000
Under contract:  36
Absorption rate: 8 months (buyer's market)
Condos for sale: 5
Priced:  $175,000 to $550,000


SEE ALL GLENCOE HOMES FOR SALE

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.



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

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Rainmaker
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JL Boney, III
Coldwell Banker - Columbia, SC
Columbia, SC Real Estate

That's quite the price range but looks like there is still pretty good movement even if it's below the highs of '07 in price. Hope you have a great weekend.

Jul 06, 2018 12:52 PM #1
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Rainmaker
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Margaret Goss

Chicago's North Shore & Winnetka Real Estate
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