Cook County, 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)
Halloween in Winnetka and the North Shore Photo Gallery I've noticed in the past few years that the exuberance with which North Shore homeowners decorate for Halloween is getting as fanciful as Christmas. We've gone way beyond carved pumpkins (which I rarely see) to the most elaborate, and sometimes, very scary displays. It's all for fun, of course, and the children love it. I've seen hired companies come by and build some displays and I've seen homeowners on their roofs stringing fake spiderwebs as well! It usually starts in September just as Christmas decorations go up before Thanksgiving nowadays.I rode my bike around the North Shore on a glorious fall day and was charmed by some and spooked by many more.Enjoy my Winnetka North Shore Halloween album! While you're here, please see all...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
What Sold in Your North Shore Village in September? WINNETKAClick here to see all Winnetka homes sold in September 2023All homes for sale:  28Current 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 September 2023All homes for sale:  26Current 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 September 2023All homes for sale:  10Current 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 ...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
What Sold in Your North Shore Village in August? WINNETKAClick here to see all Winnetka homes sold in August 2023All homes for sale:  28Current 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 August 2023All homes for sale:  39Current months supply of inventory:  1.2Year-to-date median price: $1,080,000See Wilmette homes for saleSee Wilmette condos for saleSee Wilmette townhouses for sale KENILWORTHClick here to see all Kenilworth homes sold in August 2023All homes for sale:  11Current month's supply of inventory:  2.0Year-to-date median price: $1,925,000See Kenilworth homes for saleGLENCOE Click here to see all Glencoe homes s...
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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 Cheryl Bowers, Plainfield, Naperville, IL. Real Estate
(Bowers Realty Group LLC)
Homes for sale in Schaumburg, Illinois - September 7, 2023There are currently 214 homes for sale in Schaumburg, IL with an average list price of $416,875. Below is a recap of each subdivision in Schaumburg that has homes currently for sale. The subdivisions are listed in order from most listings to least.Homes for sale in Schaumburg, IL without a subdivision listed.There are currently 70 homes for sale in Schaumburg without a subdivision listed. The homes range from 1-5 bedrooms with a price range of $149,000 - $1,895,000. The properties currently available in were built between 1956 and 2023.Homes for sale in Northgate At Veridian Schaumburg, ILThere are currently 23 homes for sale in Northgate At Veridian Schaumburg, IL. The homes range from 2-3 bedrooms with a price range of $469,99...
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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)
What Sold in Your North Shore Village in July? WINNETKAClick here to see all Winnetka homes sold in July 2023All homes for sale:  28Current 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 July 2023All homes for sale:  39Current months supply of inventory:  1.2Year-to-date median price: $1,080,000See Wilmette homes for saleSee Wilmette condos for saleSee Wilmette townhouses for sale KENILWORTHClick here to see all Kenilworth homes sold in July 2023All homes for sale:  11Current month's supply of inventory:  2.0Year-to-date median price: $1,925,000See Kenilworth homes for saleGLENCOEAll homes for sale:  28Current month's supply ...
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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 Lyn Sims, Real Estate Broker Retired
Rabies Vaccine & Microchip Clinic on September 9th, 2023Schaumburg Township will host a free Rabies Clinic on September 9th, 2023 from 10 to 1pm or until vaccines run out at One Illinois Blvd, Hoffman Estates IL. Owners must be Cook County residents & present a valid drivers license or state ID. Pets must be at least 3 months old & will be seen on a first-come first-served basis. Owners will be given a vaccine certificate & can order a rabies tag after the event here:cookcountyil.gov/services/rabies-vaccination-tagsFor more information or questions contact the Clerk's Office at 847-285-4561.
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
What Sold in Your North Shore Village in June 2023? Prices keep rising throughout the North Shore and inventory has remained low. Price decreases are rare, but when they happen, properties sell immediately. This is true of both houses and condos/townhouses.WINNETKAClick here to see all Winnetka homes sold in June 2023Homes for sale:  28Private network homes for sale:  5Current month's supply of inventory:  1.6Year-to-Date median price: $1,580,000See Winnetka homes for saleSee Winnetka condos for saleSee Winnetka townhouses for sale WILMETTEClick here to see all Wilmette homes sold in June 2023Homes for sale:  26Private network homes for sale: 14Current months supply of inventory:  1.3Year-to-date median price: $1,030,000See Wilmette homes for saleSee Wilmette condos for saleSee Wilmette...
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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 Femme Capital Partners, Residential & Commercial Mortgage Broker
(Femme Capital Partners)
The mortgage industry has traditionally been male-dominated, but the tide is turning as more and more women are entering the field and making their mark.  Today there are a growing number of women-led mortgage companies that are outperforming their male-led mortgage counterparts.  In this blog post, we'll explore how they outperform and the benefits of working for a small brokerage versus a large bank or lender.  WHY WOMEN-LED MORTGAGE COMPANIES MATTERWomen-led mortgage companies are still relatively rare, but they are making a big impact.  According to a recent report by the National Association of Women in Real Estate Businesses, only 20% of the top 100 mortgage lenders are women-led.  However, those that are led by women are experiencing significant growth and success.  Why is this?F...
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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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Cook County, IL Real Estate Professionals