Winnetka/North Shore Home Prices - Are They Back to Pre-Recession Levels?

By
Real Estate Agent with Baird & Warner Real Estate

UPDATED 2019

 

This is a question that I am often asked. I’ve done many market reports on various segments of our North Shore market and the numbers have always remained below the high year of 2008.

 

2012 was the low water mark for North Shore home prices and since then prices have been fairly stable with a slight uptick in 2015-2018.

 

Mortgage rates are not rising as quickly as originally predicted. The Freddie Mac Mortgage Survey reports that the 30-year fixed mortgage rate is 4.51%, down from 4.53% the previous week. The 15-year fixed is 3.98%, down from 4.01% the previous week.

 

So there’s reason to think that the market will continue to bobble along, neither rising or falling for the foreseeable future.

 

These charts clearly show exactly how the North Shore housing market has performed since 1990.

 

North Shore including Winnetka, Wilmette, Kenilworth, Glencoe, and Northfield

 

Winnetka North Shore Market Report

 

 

North Shore including Glenview and Northbrook

 

Glenview  Northbrook Home Sales Market Report

 

 

 While you're here, please see ALL NORTH SHORE HOMES FOR SALE

 

 

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Margaret Goss is a full-time real estate broker since 1998 working in the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston.

She can be reached at:

Phone:  847-977-6024

Email:  margaret.goss@bairdwarner.com

See her full BIOGRAPHY

 

 

 

 

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.

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 Chicago North Shore Communities Map:

 

 
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Rainmaker
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Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Great report...staying on top of what the market...and where it is...where it is going is HUGE !

Aug 28, 2018 07:58 AM #1
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Margaret Goss

Chicago's North Shore & Winnetka Real Estate
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