Winnetka North Shore 3rd Quarter 2020 Housing Report

By
Real Estate Agent with Baird & Warner Real Estate

 

WINNETKA NORTH SHORE REAL ESTATE 3rd QUARTER 2020



As you probably know, the third quarter of 2020 has been a unique year for home sales on the North Shore. As soon as the governor lifted the stay-at-home order at the end of May, the floodgates opened. Those sales will be reflected in the numbers below. 

The general consensus has been that those three months were riotous but sales have slowed down toward the end of September. We’ll just have to wait and see what happens in the next few months and spring of next year. 

 

Every one of the five villages saw a sizable increase in the total number of homes sold in 2020 over 2019:

Winnetka: +36%

Wilmette:  +39%

Kenilworth:  +123%

Glencoe: +37%

Northfield:  +65%

Great news since we’ve had an excess of inventory for years!

 

The median price rose slightly for all villages except in Winnetka where it dipped slightly.

 

The list price to sell price ratio also rose in four villages but not in Kenilworth where it went down by 1%. But the increase in the number of sales there was a terrific boost to their market.

 

And finally, the days-on-market time inexplicably rose in Wilmette, Kenilworth, and Northfield. 

 

Here are all the numbers:

 

 

 

 

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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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Margaret:

Excellent information here for buyers, and sellers, so they can see what has been happening in a market that was not predicted early in the year. We have seen some similar shifts in volume and average prices from 2019 to 2020. Now consumers just need your expert guidance for their buying and selling decisions in the area.

Jeff

Oct 08, 2020 04:56 PM #1
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Thanks for sharing this property data with us. Those looking for a knowledgeable agent that knows the area should definitely give you a call Margaret!

Oct 09, 2020 12:51 PM #3
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Margaret Goss

Chicago's North Shore & Winnetka Real Estate
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