Winnetka, IL Real Estate News

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
North Shore condos are . . . scarce. Let's be honest, they're selling as fast as homes. In the North Shore communities, there are just 16 condos for sale plus 3 in the MLS Private Market.  One condo is for sale in Glencoe, 2 in Northfield, 13 in Wilmette, and 3 in Winnetka. They range in price from a 1-bedroom/1-bath condo for $159,000 to a 2-bedroom/2 1/2 bath in Wilmette on the lake for $1,100,000. The private market has a Winnetka 3-bedroom/ 3 1/2-bath condo without a list price that I understand will be listed at around $1,500,000. That is located in the new "Walden" building on Green Bay Road which is still under construction.At the beginning of this article, I said condos for sale are scarce. However, sales in the past decade (below) show some years just slightly higher than 2023....
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
What Sold in Your North Shore Village in October? WINNETKAClick here to see all Winnetka homes sold in October 2023All homes for sale:  26Current month's supply of inventory:  1.6Year-to-Date median price: $1,585,000See Winnetka homes for saleSee Winnetka condos for saleSee Winnetka townhouses for sale WILMETTEClick here to see all Wilmette homes sold in October 2023All homes for sale:  30Current months supply of inventory:  1.2Year-to-date median price: $1,000,000See Wilmette homes for saleSee Wilmette condos for saleSee Wilmette townhouses for sale KENILWORTHNO Kenilworth homes sold in October 2023All homes for sale: 9Current month's supply of inventory:  2.0Year-to-date median price: $1,775,000See Kenilworth homes for saleGLENCOE Click here to see all Glencoe homes sold in October 20...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Winnetka Real Estate for October 2024Two homes sold in October, both for less than the list price, by 3.5% and 12.75%. The second percentage is higher than normal because it was sold as land.  And two of the new homes to be listed are under contract. Since January 1 there have been 53 home sales in Hubbard Woods. The average list price to sale price ratio is at 100% even as we begin to see some homes sell for less. The average market time has been 45 days although most homes sell more quickly. 3 NEW HUBBARD WOODS HOMES FOR SALE  972 Tower: $599000 (under contract)   870 Heather: $1,189,000 (under contract) 1234 Westmoor: $3,499,000  1 NEW PRIVATE HUBBARD WOODS LISTINGS IN October 1210 Whitebridge: $1,750,000 2 CLOSED HUBBARD WOODS LISTINGS IN OCTOBER 1369 Tower List price:...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Winnetka Real Estate for August 2024I have seen some small changes in the North Shore real estate market. Particularly longer market times, fewer homes selling over the list price, and price reductions. BUT - not in Hubbard Woods! Only 2 new listings in September - both under contract. Three homes closed with 2 going over the list price. Inventory of homes for sale in Hubbard Woods dropped from 7 to 6.  2 NEW HUBBARD WOODS HOMES FOR SALE  1369 Tower: $995,000 (under contract) 920 Private: $2,500,000 (under contract)  2 NEW PRIVATE HUBBARD WOODS LISTINGS IN SEPTEMBER 888 Tower: $2,275,000 901 Greenwood: $2,475,000   3 CLOSED HUBBARD WOODS LISTINGS IN SEPTEMBER 1370 ScottList price: $699,900Sold price: $757,000 (- $5000 concession)Days on market: 10 1216 ScottList price: $1,...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Winnetka Real Estate for August 2023 1  NEW HUBBARD WOODS LISTINGS IN AUGUST 8 Kent - $4,950.000  2 NEW PRIVATE HUBBARD WOODS HOMES FOR SALE   1369 Tower: $995,000 901 Greenwood: $2,475,000  6 CLOSED HUBBARD WOODS LISTINGS IN AUGUST 1380 Edgewood List price: $645,000 Sold price: $645,000 Days on market: 3 1321 Scott List price: $1,295,000 Sold price: $1,295,000 Days on market: 18 1502 Edgewood List price: $1,499,000 Sold price: $1,665,000 Days on market: 16 186 Woodlawn List price: $1,995,000 Sold price: $2,250,000 Days on market: 9 1024 Westmoor List price: $2,499,000 Sold price: $2,425,000 Days on market: 50 812 Hibbard List price: $2,985,000 Sold price: $2,765,000 Days on market: 126  CURRENT HUBBARD WOODS REAL ESTATE SNAPSHOTHomes for sale: 8 (priced from $1,100,000 to...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Winnetka North Shore Condo Report If you would like to buy a condo in one of the North Shore villages, some places are easier than others. As you can see from the chart (below) Winnetka, Glencoe, Kenilworth, and even Northfield have had few sales this year.The larger communities of Evanston, Glenview, and Northbrook still have slightly lower sales than in 2019, but they still have most of the inventory. Most condos are selling within a few percentage points of the original list price. Winnetka and Glencoe show that the sale price was higher than the asking price but with just 9 and 3 sales respectively, that's not surprising.  Current inventory and price range for each village: Village Condos for Sale Low Price High Price         Winnetka 2 $235,000 $720,000 Wilmette 7 $279,000 $675,000...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Winnetka Real Estate for July 2023There were 4 new listings in Hubbard Woods in July, of which 2 are under contract. Eleven homes closed in July - most were very near the asking price with the exception of one home that ended up on the market for 796 days. 4  NEW HUBBARD WOODS LISTINGS IN JULY 1216 Scott: $1,499,000 (under contract) 1303 Holly: $1,899,900 186 Woodlawn: $1,995,000 (under contract) 747 Walden: $2,975,153 (!!)   11 CLOSED HUBBARD WOODS LISTINGS IN JULY  996 ChatfieldList price: $500,000Sold price: $500,000Market time: 29 800 Green BayList price: $535,000Sold price: $540,000Days on market: 14 1460 TowerList price: $1,099,900Sold price: $1.050,000Days on market: 3 1430 TowerList price: $1,270,000Sold price: $1,123,000Market time: 43 1427 TowerList price: $1,100...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Winnetka Real Estate in June 2023Busy June in Hubbard Woods! Five new homes hit the market and all 5 are under contract.Nine homes closed in June. Five sold over the list price and of those, 4 sold considerably over the list price.   5 NEW HUBBARD WOODS HOMES LISTED IN JUNE  800 Green Bay: $535,000under contract 1370 Scott: $699,900under contract 1427 Tower: $1,100,000under contract 875 Private: $1,800,000under contract 1183 Tower: $2,150,000under contract   9 HUBBARD WOODS HOMES CLOSED IN JUNE 232 WoodlawnList price: $1,100,000Sold Price: $1,100,000Days on market: 8 1326 TowerList price: $1,299,000Sold price: $1,150,000Days on market: 35 1243 ScottList price: $1,239,000Sold price: $1,190,000Days on market: 9 1344 SunviewList price: $1,399,000Sold price: $1,437,500Days on ...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
 What Sold in Your North Shore Village in May 2023?So far this year there's been little change in the market. In each village, the majority of homes sold for over the list price. As an example, here are the over/under sale price numbers for Winnetka and Wilmette which are very similar:Winnetka: 76 homes have sold year-to-date40 homes sold over the list price (53%)10 homes sold at the list price (13%)26 homes sold under the list price (34%)Wilmette:  120 homes have sold year-to-date60 homes sold over the list price (50%)15 homes sold at the list price (12.5%)45 homes sold under the list price (37.5)WINNETKAClick here to see all Winnetka homes sold in May 2023Homes for sale:  35Private network homes for sale:  6Current month's supply of inventory:  1.6Year-to-Date median price: $1,500,000...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Winnetka Real Estate in May 2023Of the 5 Hubbard Woods homes that sold in May, 4 sold over the asking price, and 1 sold at the list price. Market time varied from 5 to 14 days!  2 NEW HUBBARD WOODS HOMES LISTED IN MAY 1509 Edgewood: $1,250,000(sold and closed - see below) 1024 Westmoor: $2499,000  5 HUBBARD WOODS HOMES CLOSED IN MAY 1073 ChatfieldList price: $830,000Sold price: $830,000Days on market: 7 899 VernonList price: $1,189,000Sold price: $1,248,000Days on market: 14 955 VernonList price: $1,175,000Sold price: $1,350,000Days on market: 6 1509 EdgewoodList price: $1,250,000Sold price: $1,400,000Days on market: 5 1305 Forest GlenList price: $2,095,000Sold price: $2,125,000Days on market: 14  ONE NEW HUBBARDS WOODS HOME IN THE PRIVATE MARKET 1183 Tower: $2,150,000  CU...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
 What Sold in Your North Shore Village in April 2023?The actual numbers noted below have varied little from last month - in each village. It's the status quo for North Shore real estate - prices are holding up and homes are selling quickly. Condos and rentals are also experiencing low inventory. WINNETKAClick here to see all Winnetka homes sold in April 2023Homes for sale:  33Private network homes for sale:  9Current month's supply of inventory:  1.5Year-to-Date median price: $1,500,000See Winnetka homes for saleSee Winnetka condos for saleSee Winnetka townhouses for sale WILMETTEClick here to see all Wilmette homes sold in April 2023Homes for sale:  21Private network homes for sale: 15Current months supply of inventory:  1.3Year-to-date median price: $1,007,000See Wilmette homes for sa...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Winnetka North Shore Real Estate vs. the National Scene Have you read the headlines about the big price drops in many parts of the country? For instance, "Median home price tallies largest annual drop in more than a decade." Inman News. . . "home prices fell . . . for the first time in nearly 11 years " ForbesThe U.S. median home price is $400,52 which is a 3.3% drop over the past year. Many areas experiencing deep declines are pandemic boomtown markets - they grew at unsustainable rates from 2020 through 2022. They, of course, are now selling at bargain prices - really. Boise, Idaho home prices soared by 41% in those years while the rest of the nation experienced a 26% increase in prices. They're paying the "price" now.The North Shore continues to buck that trend. Low inventory is typi...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Winnetka Real Estate for April 2023 14 new listings in Hubbard Woods in April (heavy on the Tudor style!) Seven are already contingent. The least expensive home to be listed was priced at $1,100,000, and the median home price for Hubbard Woods is $1,270,000.Of the 8 closed home sales, 4 went over the list price, one was at the list price, and 3 were under the list price.  14 New Hubbard Woods Homes Listed in April 232 Woodlawn: $1,100,000 (contingent) 955 Vernon: $1,175,000 (contingent) 1413 Tower: $1,270,000 1271 Asbury: $1,295,000 (contingent) 1326 Tower: $1,299,000 1344 Sunview: $1,399,000 1503 Scott: $1,429,000 (contingent) 1045 Dinsmore: $1,995,000 1240 Asbury: $2,399,000 (contingent)     950 Westmoor: $2,549,000 (contingent) 1016 Westmoor: $2,599,000 (contingent) 812...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Winnetka Home SalesMarch 2023Seven homes closed in March in Hubbard Woods. Four were sold over the list price, and three were sold below the list price. Days on market are starting to get slightly longer.  7 CLOSED HUBBARD WOODS HOMES March 2023 250 WoodlawnList price: $550,000Sold price: $525,000Days on market: 24 1111 MerrillList price: $625,000Sold price: $677,000Days on market: 5 888 Forest GlenList price: $1,049,000Sold price: $985,000Days on market: 95 924 Forest GlenList price: $975,000Sold price: $1,000,000Days on market: 53 1367 ScottList price: $1,799,000Sold price: $1,730,000Days on market: 16 895 TowerList price: $1,750,000Sold price: $1,900,000Days on market: 4   819 HumboldtList price: $2,475,000Sold price: $2,485,000Days on market: 445  5 NEW HUBBARD WOODS L...
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By Doug Anderson
(Blue Fence Real Estate)
Looking for a new home in Winnetka? Look no further! Our website WinnetkaHomesForSale.com is updated every 10 minutes directly from the Multiple Listing Service (MLS) and offers a wide selection of homes for sale in Winnetka, Illinois, making it easy  to find the perfect home for you. From charming historic homes to modern new construction, Winnetka offers a home for every taste and budget. Whether you're looking for a comfortable starter home or a luxury estate, our site has something for everyone.Our website is designed with your comfort in mind, making it easy to search for homes based on your  needs and preferences. You can search by price, square footage, number of bedrooms and bathrooms, and more.  Additionally, we provide detailed information about each home and neighborhood, inc...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Winnetka IL Home SalesThere were no homes that closed in February but 6 new listings did come on the market. Which is much-needed inventory! CLOSED HUBBARD WOODS HOMES in FebruaryNo homes closed. 6 NEW HUBBARD WOODS LISTED FOR SALE in February 1469 Scott - $825,000 824 Bell - $1,199,000 1294 Scott - $1,239,000 1243 Scott - $1,239,000 (under contract) 1230 Westmoor - $2,995,000 824 Boal Pkwy. - $3,500,000  While you're here, please see all Hubbard Woods Homes for Sale Sign up to get North Shore real estate news delivered to your inbox.It's free, we'll never sell your info, and you can opt out anytime.What's included?Local market trendsNew listingsLatest transactions Enter your email address at North Shore Real Estate NewsletterSee Margaret's biography
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
What Sold in Your North Shore Village in February 2023? WINNETKAClick here to see all Winnetka homes sold in February 2023Homes for sale:  19Private network homes for sale:  12Current month's supply of inventory:  1.4See Winnetka homes for saleSee Winnetka condos for saleSee Winnetka townhouses for sale WILMETTEClick here to see all Wilmette homes sold in February 2023Homes for sale:  17Private network homes for sale:  8Current months supply of inventory:  1.2See Wilmette homes for saleSee Wilmette condos for saleSee Wilmette townhouses for sale KENILWORTHClick here to see all Kenilworth homes sold in February 2023Homes for sale:  12Private network homes for sale: 4Current month's supply of inventory:  1.9See Kenilworth homes for saleGLENCOEClick here to see all Glencoe homes sold in Fe...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
An Art World Mystery That Started in Hubbard Woods in Winnetka I live in Hubbard Woods,  the northern part of Winnetka, IL. Tony, the neighbor who lived behind me, used to walk his dog around the block and always stop at our house. We had a border collie that loved to sit in the front yard (with an electronic fence) and he would always stop to pet my dog. That's how I got to know him.One day while we were talking, he told me an intriguing story. Admittedly, I didn't totally think it could possibly be true. But here it is. He said that he had come across an incredible oil painting in an English antique store. It depicted Mary holding the infant Jesus in her lap as her cousin and John the Baptist looked on. The shopkeeper told Tony that the artwork could be from the Renaissance. I knew To...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Hubbard Woods Winnetka Home Report January 2023There were two new homes listed in Hubbard Woods in January and one is under contract. The home at 250 Woodlawn is most likely land value. New Hubbard Woods Listings in January 250 Woodlawn - $550,000  924 Forest Glen - $975,000 (under contract)   Closed Hubbard Woods Listings in January> 1290 Scott List price: $1,999,998Sold price: $2,050,000Days on market: 22   921 Fisher Ln.List price: $2,999,999Sold price: $2,700,000Days on market: 279  Current Hubbard Woods Real Estate MarketHomes for sale: 3Contingent/pending homes: 7Private market homes for sale: 3Condos for sale: 1 in the private market, 4 under contract. While you're here, please see All Hubbard Woods Homes for Sale  Sign up to get North Shore real estate news delivered to your inb...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
The Final Walkthrough - 5 Things Buyers Hate to Find Your closing day is almost here and the buyers have scheduled their final walkthrough. You've emptied the house, made repairs, and cleaned up. What could go wrong?As a seller, you may be unnerved by this. Buyers are allowed to visit the house before closing and make sure the house is as it's supposed to be. It's mostly a benign visit with the buyers excited to head to the close. What are the walkthrough hiccups that can occur?ITEMS THAT BOTH SIDES THOUGHT THEY HAD A RIGHT TOThe second refrigerator in the garage or basement, the stunning chandelier in the dining room - gone! It happens all the time - believe me. Unless you made sure the contract specified the second refrigerator, the seller can take it. This applies to shrubs and trees...
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