Winnetka/North Shore Market Report October 2019

By
Real Estate Agent with Baird & Warner Real Estate

 

 

NORTH SHORE MARKET REPORT for OCTOBER 2019

Winnetka, Wilmette, Kenilworth, Glencoe, Northfield

 

The green chart below shows that home sales and prices were down slightly this October over October 2018 across the North Shore villages of Winnetka, Wilmette, Keniliworth, Glencoe, and Northfield. The ratio of the list price to sell price is very low at 90% (based on original list price.) This means that most sellers are overpricing their homes.

 

 

Winnetka/North Shore Market Report October 2019

 

 

CURRENT NORTH SHORE REAL ESTATE MARKET

 

This blue chart shows current market stats across all North Shore villages - Winnetka, Wimette, Kenilworth, Glencoe, and Nothfield.

 

Wilmette and Glencoe are considered a balanced market (4-6 months of inventory or absorption rate), Winnetka and Northfield are higher and have tipped over into a buyer's market, while Kenilworth is experiencing an extreme buyer's market.

 

 Winnetka North Shore Market Report

 

 

 

 Additionally, homes sales in October for each community were:

 

Winnetka: 11 sales priced $460,000 to $1,750,000

 

Wilmette: 18 sales priced $255,000 (foreclosure) to $1,710,000

 

Kenilworth: 5 sales priced $450,000 to $2,750,000

 

Glencoe: 8 sales priced $510,000 to $2,550,000

 

Northfield: 7 sales priced $575,000 to $2,350,000

 

 

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.

Looking for a knowledgeable Illinois Realtor?  Google me! 
 

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 Chicago North Shore Communities Map:

 

 
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north shore market report october 2019

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Rainer
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Nicholas Crane
Woodland Companies - Cadott, WI
Managing & Appraising Forest Land

Thanks for sharing the information on this community, I hope you sell many of these homes. 

Nick

Nov 08, 2019 06:57 PM #1
Rainmaker
5,123,442
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Margaret Goss buyes and sellers should appreciate this current data that you've researched and prepared for them.... you've provided the most recent numbers....and they'd be wise to call you for further conversation before they make any final decisions.... you have a firm handle on the North Shore Market .....

Nov 09, 2019 04:31 AM #2
Rainmaker
3,368,291
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Margaret. The navigation of the Northshore market requires someone of your expertise to help in the decision making process. Enjoy your day!  

Nov 09, 2019 05:15 AM #3
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Margaret Goss

Chicago's North Shore & Winnetka Real Estate
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