Hubbard Woods Winnetka Year-End Housing Review 2019

By
Real Estate Agent with Baird & Warner Real Estate

 

Hubbard Woods Winnetka Year-End Housing Review

 

Home sales in Hubbard Woods were remarkably similar in 2018 as in 2019. Here’s how the numbers looked:

 

 

 

 

It’s interesting to see that overall sales were down but the median price was up by 18%. I agree that that is an encouraging statistic but I haven’t seen individual home prices actually rise. I’m not a master statistician, but I can say that it’s probably due to the fact that the number of homes that sold in 2019 happened to have a higher price point than the ones in 2018. The numbers can also be skewed when the reporting number is as small as 68 or 69 homes.

 


There have been several home sales that I’m aware of that sold for economical prices. Prices that suddenly made Winnetka more affordable than it’s been for years. A 4-bedroom/3 ½ bath home closed for $575,000 and, yes, it was livable and in a prime area!

 

In all of Winnetka, there were ten homes that sold for under $500,000 in 2019. In 2015 and 2016 there were 5 homes each year. In 2008, the last year before the recession, there were just 2 homes that sold under $500,000.

 

Here’s the Hubbard Woods real estate market right now:

 

Homes for sale: 22 

Price range: $449,900 to $6,999,975

Under contract: 10

 

The number of homes for sale right now is very low. This is because many homes were taken off the market for the holidays and will be relisted soon. The high mark for the year was last May when there were 55 homes for sale in Hubbard Woods. The spring market may start early this year if this mild weather continues, but it generally starts to get busy in February through May.

 

While you're here, please 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:

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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