Hubbard Woods Housing Report for October 2021

By
Real Estate Agent with @Properties

If you've been listening or reading the news you know that the real estate market  has cooled down. This is normal at this time of year. The one difference is that that Hubbard Woods still has very low inventory.

You can see below that there are only 9 homes for sale right now and 10 under contract. Compare that to:

November 2018 - 41 homes for sale with 13 under contract
November 2019 - 34 homes for sale with 14 under contract.

Most pundits believe the market will again be tight and competitive in 2022, but not reaching the heights of 2021. If selling your home is getting close, consider 2022 as it seems impossible that these numbers will continue for too much longer. Particularly with talk of rising mortgage rates.

 

CLOSED HUBBARD WOODS HOMES IN OCTOBER

Hubbards Woods Homes for Sale

1507 Tower Road
List price: $950,000
Sold price: $893,000
Days on market: 106

Hubbard Woods Homes for Sale 1446 Edgewood
List price: $995,000
Sold price: $950,000
Days on market: 45
Hubbard Woods Homes for Sale 919 Vernon
List price: $1,025,000
Sold price: $877,500
Days on market: 26
Hubbard Woods Homes for Sale 244 Woodlawn
List price: $999,000
Sold price: $999,000 (sold while Private)
Days on market: 28

 

 

NEW HUBBARD WOODS HOME FOR SALE IN OCTOBER

Hubbard Woods Homes for Sale 1496 Scott - $1,290,000
1045 Starr - $4,199,000

 

While you're here, please see:

ALL HUBBARD WOODS HOMES FOR SALE

ALL WINNETKA CONDOS FOR SALE

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Winnetka and North Shore Real Estate Broker
Specializing in homes for sale in Winnetka, Wilmette, Kenilworth, Northfield, Glencoe, Glenview, Northbrook, and Evanston.

Comments (4)

Raymond Henson, eXp Realty
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Thank you for your market update.  I always appreciate learning about different markets.

Nov 04, 2021 08:47 AM
Jim Patton
Aspire Home Real Estate 209-404-0816 - Modesto, CA
Realtor - Stanislaus ,Merced, San Joaquin Counties

I've been hearing the same thing Margaret Goss.  We still have low inventory too.  Maybe the market will cool off to a "normal" 2-3% appreciation per year. 

Nov 04, 2021 03:36 PM
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 your Hubbard Woods market update with us Margaret. Buyers & sellers in your area would benefit from your services. Have a great weekend!

Nov 05, 2021 01:54 PM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and have a wonderful weekend!

Feb 04, 2022 06:58 AM