GLENCOE HOME SALES for AUGUST 2019
20 homes closed in GLENCOE in August. The price range was from $255,000 to $1,875,000.The list to sell price ratio was 91% and the median market time was 131 days. The 91% list to sell ratio is fairly low and indicates that sellers are overpricing their homes and having multiple price reductions.
GLENCOE REAL ESTATE MARKET TODAY
Homes for sale: 66
Price range: $369,000 to $4,850,000
Under contract: 21
Absorption rate: 4.8 months (a balanced market between buyers & sellers)
Condos for sale: 7
Price range: $169,000 to $650,000
This chart shows the GLENCOE median home price since January 2018 - it spiked in May of 2018 where the median price was $939,000 then has fallen to the current median price of $858,000.
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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.
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