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Glencoe, IL Real Estate News

By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
Glencoe's January Property sales were 7, down -36.4% from 11 in January of 2011 and -36.4% lower than the 11 sales last month. January 2012 sales were at their lowest level compared to January of 2011 and 2010. January YTD sales of 7 are running -36.4% behind last year's year-to-date sales of 11.   The Median Sales Price in January was $850,000, down -11.7% from$962,500 in January of 2011 and up 19.4% from $712,000 last month. The Average Sales Price in January was $1,696,786, up 43.1% from $1,185,973 in January of 2011 and up 112.1% from $800,136 last month. January 2012 ASP was at highest level compared to January of 2011 and 2010.   The Total Inventory of Properties available for sale as of January was 89, up 4.7% from 85 last month and down -16.8% from 107 in January of last year. J...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Snow Everywhere!  And Just in Time for Glencoe's Winter Carnival   Thank goodness it finally snowed yesterday for about twelve straight hours.  About 6 inches later, it's time to have fun at the annual Glencoe Winter Carnival which will be held tomorrow, Saturday, January 14. This year the event has been expanded to celebrate the Glencoe Park District's 100 year anniversary. Festivities will take place at the Watts Center at 305 N. Randolph between 1 and 4 pm.   The Watts Center will be offering skating races, games and prizes, ice sculpting, broomball, a hockey shooting contest, s'mores by the bonfire . . . and a dog sledding demonstration.  If you have never figure skated before, come by and take advantage of a free lesson from 1-3 pm in the studio rink The event is free, but if you n...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
Glencoe's December Property sales were 11, up 10.0% from 10 in December of 2010 and 37.5% higher than the 8 sales last month. December 2011 sales were at a mid level compared to December of 2010 and 2009. December YTD sales of 137 are running 24.5% ahead of last year's year-to-date sales of 110.   The Median Sales Price in December was $712,000, up 24.6% from $571,500 in December of 2010 and down -28.4% from $993,750 last month. The Average Sales Price in December was $800,136, down -8.0% from $869,500 in December of 2010 and down -38.5% from $1,301,563 last month. December 2011 ASP was at the lowest level compared to December of 2010 and 2009.   The Total Inventory of Properties available for sale as of December was 84, down -12.5% from 96 last month and down -20.0% from 105 in Decembe...
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By Judy Chapman
(Referral Network of Illinois LLC)
Glencoe Homes Sold in October 2011 Last month, 12 Glencoe homeowners sold their homes. 0 homes sold were Foreclosures. 2 homes sold were Short Sales. Currently, 101 homes are for sale. 12 homes have pending contracts. Based on last month’s sales, it will take 8 months to sell current inventory. Following are the fabulous homes that sold in Glencoe last month.   Data provided by the Midwest Real Estate LLC (MRED) multiple listing service and includes properties listed and sold by various participants in the MLS. Data supplied does not reflect all market activity in the area. Extraordinary value Houses that sell faster offer extraordinary value. Houses that offer extraordinary value are priced correctly at the get-go and show like a model home. If you want to sell your home quickly, you m...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Wonderland Express at the Chicago Botanic Garden in Glencoe Friday, November 25 through January 1, 2012   Kick off your holiday season this year by taking the family to the Chicago Botanic Gardens' Wonderland Express.   Can you imagine 750,000 glittering lights (energy conserving, of course) welcoming you to the Chicago Botanic Garden's Wonderland Express transforming the gardens into a magical winter wonderland.  Visitors will first glimpse the lights along the Edens Expressway and along Lake Cook Road. The Regenstein Center will have a 10,000 sq ft exhibition of miniature trains that wind along waterfalls, bridges and countryside while passing by 80 mini replicas of favorite Chicago landmarks including Navy Pier, Soldier Field, Chicago Stadium, Millenium Park and the Field Museum.    ...
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By Judy Chapman
(Referral Network of Illinois LLC)
Homes for Sale in Glencoe (November 2011) If you’re a homebuyer looking for a great deal, look for properties where the homeowners are motivated. One indicator of motivation is market time: how long the property has been for sale. Another sign of motivation is by comparing current list price to original list price. The greater the price deduction, the more the homeowner has settled into the realities of the marketplace. Usually the two go hand-in-hand … but not always … since homeowners who understand the value of their house are willing to wait for the right offer. Currently, there are 103 single family homes for sale in Glencoe. Below is just a sampling.     Data provided by the Midwest Real Estate LLC (MRED) multiple listing service and includes properties listed and sold by various ...
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By Judy Chapman
(Referral Network of Illinois LLC)
You earned it. You bought it. You loved it. Now you want to sell your Glencoe home. Last month, 6 Glencoe homeowners sold their homes. Currently, 123 are for sale. 21 months are required to sell current inventory. Data provided by the Midwest Real Estate LLC (MRED) multiple listing service and includes properties listed and sold by various participants in the MLS. Data supplied does not reflect all market activity in the area.   What does the future hold for Glencoe real estate? Only this … You can’t change the past. You cannot predict the future. You can only deal with the present. I know this isn’t the answer you were looking for. But if I told you anything else — like real estate is about to explode and prices will skyrocket through the roof — you wouldn’t believe me. I could tell yo...
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By Judy Chapman
(Referral Network of Illinois LLC)
You earned it. You bought it. You loved it. Now you want to sell your Glencoe home. What does the future hold for Glencoe real estate? Only this … You can’t change the past. Or predict the future. You can only deal with the present. I know this isn’t the answer you were looking for. But if I told you anything else — like real estate is about to explode and prices will skyrocket through the roof — you wouldn’t believe me. I could tell you to sell now by arguing the market will get even worse next year. But I really don’t know what the market will be like next week much less 12 months from now. I could tell you to wait until the market bounces back. But I don’t know when it’ll bounce back. Or bottom out. Or how fast … or slow … the recovery will be when it finally happens. This I do know....
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
 UPDATED 2022 Strawberry Hill in Glencoe, IL Strawberry Hill in Glencoe, Illinois is a subdivision that lies in the very western end of Glencoe - abutting the beautiful forest preserves and Skokie Lagoons.  After the main part of Glencoe was developed, this site, which was called the Skokie Marsh, was drained and built upon. Strawberry Hill comprises approximately 160 acres and was opened up for development after World War Two.  The driving force behind the architectural style here was Greta Lederer, who designed the newly popular bi- and tri-level homes that so dominate the area.  New homes were advertised for $15,000 at completion in the mid-1950s and had a decidedly contemporary look.Strawberry Hill is an affordable subdivision - a respite from the multi-million dollar homes found el...
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By Judy Chapman
(Referral Network of Illinois LLC)
Hey, buddy, can you spare a dime? If you can spare more than a dime, take a look at the kind of elite residential properties your money can buy in Glencoe. La crème de la crème Is money no object? Then one of these spectacular homes for sale in June 2011 can be yours. Currently, 68 luxury-priced homes are available for purchase. Apart from offering exceptional homes in outstanding surroundings, the top reason Glencoe is so popular comes down to: Nearness to commuter rail lines Proximity to the lake Top-rated school systems   Data provided by the Midwest Real Estate LLC (MRED) multiple listing service and includes properties listed and sold by various participants in the MLS. Data supplied does not reflect all market activity in the area. Throwing good money after better Housing styles r...
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By Judy Chapman
(Referral Network of Illinois LLC)
You earned it. You bought it. You loved it. Now you want to sell it. Your house in Glencoe, that is. Nothing can stop you if this is your must-have goal. You cannot test the market or dip your toes in the water. You have to go full throttle and pull out all stops to make your dream become a reality. Otherwise, you’ll just be spinning your wheels. Listing your house for sale isn’t the same as selling your house If you own a house in Glencoe, consider yourself fortunate to live in such a vibrant and popular community. It may be ‘cooler by the lake’, but it’s still a hot real estate market. Glencoe won’t ever go out of style. During the last 30 days, these luxury Glencoe houses were sold to the highest bidder.   Data provided by the Midwest Real Estate LLC (MRED) multiple listing service a...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Free Glencoe Summer Beach Concerts The North Shore is awash in music concerts - virtually all towns will be offering tunes of some variety in June and July.  For the big stuff head to Ravinia, for something more casual and family oriented, head to the Glencoe beach for these fun concerts: June 12: Od Tapo Imi Od Tapo Imi is a pop tropical band unlike any other. Steel drums, guitars, assorted percussion, horns and vocals transport you to the Caribbean islands for a sunny musical vacation! July 10: Dueling Pianos The young, energetic entertainers of Midwest Dueling Pianos perform an all request, interactive musical comedy show with music ranging from the songs of today to as far back as memories can take you! July 31: New Invaders As the “Ultimate 60’s Flashback,” the New Invaders take yo...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
World Environment Day at the Chicago Botanic Garden in Glencoe This tree-hugger did not know there was an official World Environment Day - it turns out that the Chicago Botanic Garden in Glencoe will be celebrating it tomorrow, Saturday, June 4 (the actual World Environment Day is Sunday.)   World Environment Day is similar to Earth Day in that it stimulates interest and promotes knowledge of the environment and was established by the United Nations National Assembly in 1972.  The worldwide theme this year is "International Year of Forests." The Chicago Botanic Garden plans a day long series of events held throughout the garden.  Some highlights: 10:30 am -  Nalini Nadkarni, PH.D, a National Geographic Live forest ecologist, will give a speech and share results of her research on the am...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Glencoe Park Disrict Offers Lots of Different Fun Activities One should never forget about their village's park district - they are often the place to find unusual and fun things to do.  Park districts are no longer just for baseball games or golf tournaments.  Here are just a few things that Glencoe will be doing this summer: Sunday, May 22 from 1-3:30 pm - Spring Dance Recital.  This performance will feature jazz, hip hop and ballet students who have been practicing all season long.  At Edgewood Middle School, 929 Edgewood Lane in Highland Park.   Thursday, May 26 from 5:30 to 7:30 - Become a Grill Master.  This class, taught by Susan Taves, will help make your summer cookouts so much more exciting - she will instruct on how to grill a pizza, make smoky salmon, and more.  At the Takif...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Glencoe Historic Preservation Awards - Still Time to Enter The deadline this year for nominating a home for Glencoe's annual Historic Preservation Award is Friday, May 13 by 4:30 pm.  The Village of Glencoe is asking for help in finding projects that have been completed in the past five years.  The goal is to recognize notable achievements in architectural design and the categories are: Restoration – Returning a structure or a significant part of it to the original material and architectural detail in kind and by painting with historically appropriate colors Renovation – Modifying a structure through alteration using materials compatible with the original in scale, texture, color, and character; Preservation - Keeping a building in its existing form while at the same time taking measure...
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By Judy Chapman
(Referral Network of Illinois LLC)
In Glencoe, the average sales price of residential homes over the last 12 months declined $46,000, or roughly 4%, compared to the prior 12-month period. As you can see from the chart below, this downward trend continues to this day. This statistic may be hard to take in, but knowing what you’re up against as a homeseller is crucial to getting your house sold. Those who cannot remember the past are condemned to repeat it. George Santayana in “Reason in Common Sense” Data  provided by the Midwest Real Estate LLC (MRED) multiple listing service and includes properties listed and sold by various participants in the MLS. Data supplied does not reflect all market activity in the area. Cut to the chase Seeing the value of your home trickle away every minute of every day is frustrating, stress...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Chicago Botanic Garden - Antique and Garden Fair Get a jump on spring fever - it's time again for the beautiful and inspiring creations offered by the Chicago Botanic Garden's Antique and Garden Fair in Glencoe.  The event will be held this weekend, Friday through Sunday, April 15-17, from 10 am to 5 pm each day. You will find garden furnishings, botanical art, and hundreds of other items for your home and garden. You can view gardens designed by well-known local landscapers including Mariana Landscape, Craig Bergmann Landscape Design and William Heffernan.  On Saturday and Sunday, free flower arranging demonstrations will be given at 11:00, 1:00, and 2:00.   Over 100 vendors will be showcasing their goods,  including antique stores, designers, florists, and art dealers. Costs are: Adva...
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By Judy Chapman
(Referral Network of Illinois LLC)
Take a look at the snapshot below for key indicators of how the Glencoe real estate market is doing. Three statistics are particularly worth looking at more closely. Median sale price increase Sale-to-list-price ratio Months required to sell current inventory of homes for sale Data provided by the Midwest Real Estate LLC (MRED) multiple listing service and includes properties listed and sold by various participants in the MLS. Data supplied does not reflect all market activity in the area. Median sales price increase The Median Sale Price represents the halfway point between the highest and lowest sold prices. While it’s tempting to be optimistic about the 13%  upward movement in the Median Sale Price based on 31 sold homes, don’t. When there are fewer houses in a sampling, the Median ...
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By Noah Levy, Coldwell Banker Highland Park IL
(Coldwell Banker)
Quarterly Real Estate Market Update Report for Glencoe Illinois Thinking of buying of selling your home in Glencoe? Below is a snap shot of real estate happenings during the first three months of 2011 in Glencoe. 1. There are 94 active listings ranging from $359,000.00 - $6,950,000.00 with a median list price of $1,325,950.00 2. There are 24 single family homes under contract 3. There have been a total of 31 closings during the first quarter (January 1, 2011 - March 31, 2011) - ranging from $300,000.00 to $3,650,000.00 Is there a perfect home for you in Glencoe? Click here  to view current inventory available. To learn more about Glencoe Real Estate contact me. The above article, Quarterly Real Estate Market Update Report for Glencoe Illinois, has been provided by Noah Levy - A REALTOR ...
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By Noah Levy, Coldwell Banker Highland Park IL
(Coldwell Banker)
Glencoe Real Estate Market Update As a REALTOR serving clients along Chicago's North Shore the number one question that I am always asked is..... "How is the Real Estate Market?"  Obviously, my clients ask me this question but I am also asked this question by friends, family and/or acquaintances. The following information pertains to Glencoe IL - 1. During the month of January were ten sales in Glencoe- of the ten - three were short sales and the remainder were conventional sales. Compared to January 2010 there was an 11.1% increase in closed transactions for January 2011. 2. Highest list price for a single family home in Glencoe Illinois is $7,500,000 while the lowest list price is $379,900.  Click here to view homes for sale in Glencoe. 3. The average list price for a single family ho...
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