HUBBARD WOODS REAL ESTATE OCTOBER 2019
NEW HUBBARD WOODS LISTINGS IN OCTOBER 2019
There were 2 new home listings in Hubbard Woods in September:
1480 Tower Road
834 Boal Pkwy.
SOLD HUBBARD WOODS LISTINGS IN SEPTEMBER 2019
4 homes closed in September:
Original list price: $850,000
Sold price: $460,000
Days on market: 370
Original list price: $875,000
Sold price: $680,000
Days on market: 214
955 Tower Manor
Original list price: $1,199,000
Sold price: $899,000
Days on market: 353
Original list price: $1,499,000
Sold price: $1,415,000
Days on market: 103
CURRENT HUBBARD WOODS MARKET:
Homes for sale: 34 (down from 45 last month)
Price range: $515,000 to $6,999,900
Under contract: 14
Absorption rate: (6 months - 4-6 months is a balanced market)
Condos for sale: 5
Condo price range: $139,900 to $500,000
Since inventory has declined in the past 30 days, the absorption rate has improved. Right now, Hubbard Woods has a market that is fairly balanced but at the top of the range, meaning buyers still have an advantage when buying a home.
The word in the marketplace for sellers is “PATIENCE.” Homes are selling but it’s taking longer. This is true in most of the North Shore real estate market.
HUBBARD WOODS LOCAL NEWS
New store opening: Ashley & Sloane, a French antique store in Libertyville, has opened a location in Hubbard Woods (894 Green Bay.) They specialize in “mirrors, lighting, furniture, and accessories from Paris and the French countryside.”
While you’re here, SEE ALL HUBBARD WOODS 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:
See her full BIOGRAPHY