Glencoe, IL Real Estate News

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
 New Homes Coming to Old Hoover Estate in Glencoe IL The Village of Glencoe has approved the subdivision of the Hoover estate’s12.2 acre site on Green Bay Road south of Lake Cook Road. The property was listed in August 2018 for $15,9000 and sold 43 days later for $10,000,000. It was the largest piece of privately-held property in Cook County. H. Earl Hoover, nephew of the founder of Hoover and a developer of many patents, bought the property in 1921 and hired noted local architect William Furst to build his home. (Furst designed New Trier High School and Glencoe Village Hall.) His widow died in March 2018 and the property was listed shortly thereafter. The estate includes a 10,000 square foot Tudor home, a coach house, stable house, gazebo, and greenhouse. Unfortunately, the house sits ...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Updated 2021 MEXICAN RESTAURANTS IN WINNETKAAND THE NORTH SHORE  If you love Mexican food like me, you are always on the lookout for good restaurants in the suburbs.    Is your palate beyond cheesy burritos and heavy bean/rice side dishes?  (not bad stuff, just not "inspired".) You know what I mean - the type of Mexican restaurant that does "fusion" or "nuevo" or whatever you wish to call it. Winnetka, has two of its own Mexican restaurant, and Northfield, Wilmette, Glencoe, Highland Park, and Skokie do too.  No chains here, just good, fresh and innovative Mexican fare. Guanajuato - located near the corner of Green Bay and Scott St.,  this little gem is known for its tequila bar.  Excellent margaritas, fresh food, and crispy chips. A local favorite!1005 Green Bay Rd., Winnetka  847-242-...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
See what homes sold in your village plus full market report for August 2019 - just click belowWINNETKA WILMETTE KENILWORTH GLENCOE Sign up to get monthly North Shore real estate news delivered to your inbox.It's free, we'll never sell your info, and you can opt-out at any time.Enter your email address at: North Shore Newsletter 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:  847-977-6024Email:  margaret.goss@bairdwarner.comSee her full BIOGRAPHY 
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
  GLENCOE HOME SALES for AUGUST 2019 20 homes closed in GLENCOE in August. The price range was from $255,000 to $1,875,000.The list to sell price ratio was 91% and the median market time was 131 days. The 91% list to sell ratio is fairly low and indicates that sellers are overpricing their homes and having multiple price reductions.GLENCOE REAL ESTATE MARKET TODAY Homes for sale: 66Price range: $369,000 to $4,850,000 Under contract: 21Absorption rate: 4.8 months (a balanced market between buyers & sellers)Condos for sale: 7Price range: $169,000 to $650,000 This chart shows the GLENCOE median home price since January 2018 - it spiked in May of 2018 where the median price was $939,000 then has fallen to the current median price of $858,000.   SEE ALL GLENCOE HOMES FOR SALE    Sign up to g...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
GLENCOE HOME SALES for JULY 2019 30 homes closed in GLENCOE in July which is significantly more than the 6 that closed last month. The median price of these sold homes was $978,000, the list to sell price ratio was 91%, and the average days on market was 81.    GLENCOE REAL ESTATE MARKET TODAY Homes for sale: 73Price range: $349,000 to $4,800,000 Under contract: 26Absorption rate: 5 months (a balanced market between buyer/seller)Condos for sale: 8Price range: $169,000 to $379,000   This chart shows how the median home price has bounced around from a low of $700,000 in March 2018 to a high of $1,340,000 in May 2018. With such a small sampling, it’s not unusual to see the price jump around so much.   SEE ALL GLENCOE HOMES FOR SALE Sign up to get monthly North Shore real estate news delive...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
GLENCOE HOME SALES for June 2019 12 homes closed in Glencoe in June which is 6 more than last month.  GLENCOE REAL ESTATE MARKET TODAY Homes for sale: 85Price range: $349,000 to $4,850,000 Under contract: 46Absorption rate: 6 1/2 months (high end of balanced market)Condos for sale: 7Price range: $175,000 to $399,000  Median price range of homes for sale: $1,197,000 Average days on market for homes that sold in past 6 months: 164 The Glencoe market has seen downward pressure on prices as well as slower sales just as with other North Shore villages including Winnetka, Kenilworth, and to a lesser extent, Wilmette. The median sale price has slipped since January, 2018:    Home sales rose in the 2nd half of 2018 and into 2019 but have slumped recently (partly due to the slower summer months....
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
GLENCOE HOME SALES for May 2019 16 homes closed in Glencoe in May of this year which is one more than sold in May of 2018.   GLENCOE REAL ESTATE MARKET TODAY Homes for sale: 93Price range: $3699,000 to $4,800,000Under contract: 33Absorption rate: 6.5 months (fairly balanced market)Condos for sale: 7Price range: $175,000 to 399,000 Median price range of homes for sale: $824,000 Average days on market for homes that sold in May: 186  The Glencoe market looks to be similar to last year statistics. The list to sell price ratio was 92% for homes that sold in May - not great but not as low as some villages. SEE ALL GLENCOE HOMES FOR SALE   Sign up to get monthly North Shore real estate news delivered to your inbox.It's free, we'll never sell your info, and you can opt-out at any time.Enter yo...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
See North Shore market reports for properties that sold in February 2019 in your village - just click belowWINNETKA WILMETTE GLENCOEInterested in receiving my monthly North Shore Real Estate newsletter? Just click HERE To CONTACT Margaret Goss, please call 847-977-6024 or email:  margaret.goss@bairdwarner.comMargaret Goss is a full-time real estate agent since 1998 servicing the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston. See full BIO for Margaret Goss.  
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
GLENCOE REAL ESTATE REPORT - FEBRUARY 2019 6 homes closed in February 2019 in GLENCOE compared to 9 closes in January a year ago.  The median price for homes sold year-to-date this year is $758,000 compared to last year when it was $889,000.SOLD HOMES  - JANUARY 2019 - GLENCOE   CURRENT SNAPSHOT OF GLENCOE REAL ESTATE Homes for sale: 84 (up 2 from last month)Price range: $320,000 to $5,195,000Under contract: 28Absorption rate: 6  months List price to sell price ratio: 92% (based on year-to-date sales)Condos for sale: 3Price range: $179,000 to $470,000February 6 jumbo loan interest rate: 4.125%February 6 conventional loan interest rate: 4.375%Foreclosures for sale: 1 The absorption rate at 6 months is still a balanced market but trending toward a buyer’s market. This figure indicates the...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
GLENCOE IL 2018 REAL ESTATE REVIEW Glencoe presents an anomaly in 2018 - there was an increase in home sales over 2017 - but the median price went down. Another worrying trend is that in both years, the list to sell price ratio was a dismally low number - 87% in 2017 and 84% in 2018. Those numbers indicate original list prices that are significantly too high for the market to bear. Another anomaly - market time for these homes to sell is the lowest of all the North Shore villages. Essentially, nothing is conforming in Glencoe right now. Here is a chart comparing Glencoe homes sales in 2017 vs 2018. Total home sales up by 19% while the median price was down by 5.7%, list price to sell price ratio was mentioned above, and market time was essentially the same. One soft spot in the market i...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
GLENCOE HOME SALES for November 2018 8 homes closed in Glencoe in November, 5 less than closed in October. The median home price was $925,000 for last month’s sales. The 5.3 month absorption rate shows a balanced market between buyers and sellers. And the differential in price range for homes listed for sale is amazing - not many towns have that much variety in housing. GLENCOE REAL ESTATE MARKET TODAY Homes for sale: 78Price range: $350,000 to $15,900,000 (show me another market like this!)Under contract: 20Absorption rate: 5.3 months (a fairly balanced market)Condos for sale: 5Price range: $170,000 to $470,000 Median sale price saw a high of $895,000 in March of 2017 and has dropped to $822,000 currently: Median days on market had risen in mid 2018 but is back down now.   SEE ALL GLEN...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
GLENCOE HOME SALES for October 2018 13 homes closed in Glencoe in October, 4 more than last October. The median home price is $854,000 for last month’s sales.  GLENCOE REAL ESTATE MARKET TODAY Homes for sale: 88Price range: $350,000 to $5,500,000Under contract: 19Absorption rate: 6 monthsCondos for sale: 6Price range: $159,000 to $470,000SEE ALL GLENCOE HOMES FOR SALETo CONTACT Margaret Goss, please call 847-977-6024 or email:  margaret.goss@bairdwarner.comMargaret Goss is a full-time real estate agent since 1998 servicing the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston. See full BIO for Margaret Goss.  
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
GLENCOE REAL ESTATE REPORT - SEPTEMBER 2018 10 homes closed in September 2018 in GLENCOE compared to 21 closes in August. That is not unusual because buyers had scheduled closes before school begins. The median price dropped in September to $728,000 from $870,000 but the number of homes that sold would affect that differential. SOLD HOMES  - SEPTEMBER 2018 - GLENCOE CURRENT SNAPSHOT OF GLENCOE REAL ESTATE Homes for sale: 89Price range: $438,000 to $15,900,000Under contract: 24Single family home absorption rate: 6 months  (somewhat balanced market)Condos for sale: 3Price range: $175,000 to $599,000SEE ALL GLENCOE HOMES FOR SALETo CONTACT Margaret Goss, please call 847-977-6024 or email:  margaret.goss@bairdwarner.comMargaret Goss is a full-time real estate agent since 1998 servicing the ...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
  Home Prices in Glencoe IL for August 2018 Glencoe has seen eight months (from January 1, 2018) of vastly different median home sale prices. Monthly home sale prices have varied from a low of $700,500 (in March) to a high of $1,340,000 (in May.) Median days-on-market have also varied from a low of 21 days (May) to a high of 210 days (March.)  There have been a total of 133 homes sold in Glencoe through the end of August. The average sale price has dropped by 4.9% since the same time period last year.If you are considering buying a home, having a good real estate agent who understands the market is a must. If you will be making an offer, be sure to have your agent prepare a thorough market analysis of the Wilmette market. If you would like to see current inventory of for sale homes in G...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
In July 2018 , there were 24 home sales in Glencoe.  The current real estate market in Glencoe: Homes for sale: 96 Priced:  $375,000 to $5,990,000 Homes under contract/pending: 31 Absorption rate:  7.25 months Condos for sale: 4 Priced: $175,000 to $499,000 Median price for the past 12 months SEE ALL HOMES FOR SALE IN GLENCOE To contact Margaret Goss, please call 847-977-6024 or email margaret.goss@bairdwarner.com Margaret Goss is a full-time real estate broker practicing since 1998 in the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston. See full bio for Margaret Goss
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Glencoe IL has had two successive years of nearly identical statistics for the first six months of 2017 vs 2018. GLENCOE REAL ESTATE REPORT FOR FIRST HALF-YEAR 2017, 2018, and 2007  But Glencoe is a long ways off from its pre-recession high average price of $1,533,000.  There were considerably fewer homes sold in 2007 (fewer homes were for sale) and it took much longer to sell them. As in all the other North Shore communities, prices were selling at astronomical numbers but seller's consistently overpricing caused long sell times. The list price to sell price ratio is similar across all three time periods - 89-90%)  which indicates overpricing of homes with several price reductions to get a sale. CURRENT GLENCOE REAL ESTATE MARKET Current homes for sale: 105 Priced:  $375,000 to $5,950,...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
In , there were 15 closed home sales in Glencoe:  The current real estate market in Glencoe: Homes for sale:  118 Priced:  $400,000 to $5,950,000 Homes under contract/pending:  42 Absorption rate: 9 months Condos for sale:  2 Priced:  $205,000 to $394,000 Median price for the past 12 months:   SEE ALL HOMES FOR SALE IN GLENCOE To contact Margaret Goss, please call 847-977-6024 or email margaret.goss@bairdwarner.com Margaret Goss is a full-time real estate broker practicing since 1998 in the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston. See full bio for Margaret Goss
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
In Glencoe , there were 15 closed home sales in April 2018  The current real estate market in Glencoe: Homes for sale:  105 Priced:  $425,000 to $5,950,000 Homes under contract/pending:  46 Absorption rate: 8 months - buyer's market Condos for sale:  2 Priced:  $229,000 to $399,000 Median price for the past 12 months:  SEE ALL HOMES FOR SALE IN GLENCOE To contact Margaret Goss, please call 847-977-6024 or email margaret.goss@bairdwarner.com Margaret Goss is a full-time real estate broker practicing since 1998 in the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston. See full bio for Margaret Goss
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
In Glencoe, there were  13 closed home sales in March:  The current real estate market in Homes for sale: 102 Priced: $299,900 to $5,950,000 Homes under contract/pending: 28 Absorption rate: 7.75 months Condos for sale: 4 Priced:  $229,000 to $350,000 Median price for the past 12 months:  SEE ALL HOMES FOR SALE IN GLENCOE IL To contact Margaret Goss, please call 847-977-6024 or email margaret.goss@bairdwarner.com Margaret Goss is a full-time real estate broker practicing since 1998 in the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston. See full bio for Margaret Goss
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
It's restaurant month on Chicago's North Shore again!  The idea of North Shore restaurants hosting a "restaurant month" was conceived by the Chicago North Shore Convention and Visitor's Bureau and modeled after the concept that is offered in major cities throughout the country. For the entire month of February, 100 North Shore restaurants will be participating and offering various specials and discounts including dining 2-for-1, free appetizers or desserts, and prix fixe meals.  Gina Speckman, director of the Bureau, said: "Not only do we have gifted and award-winning chefs, but the diversity of the cuisine that is offered in our region rivals any major city in the world." This year's number of restaurants - 100 - is the highest it's been since the promotion first began in 2010. With so...
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Glencoe, IL Real Estate Professionals