North Shore Chicago Real Estate Data- February 2010

North Shore Market Update: January-February 2010

March 3rd, 2010 by Anne West
Categories: Evanston, Glencoe, Glenview, Highland Park, Kenilworth, Lake Forest, North Shore market data, Northfield, Real estate, Wilmette, Winnetka

For the first two months of 2010 sales of single family homes on Chicago’s North Shore were up 47% over the same period last year. The big winners were Highland Park and Lake Forest, which both more than doubled their sales vs. last year. Kenilworth, which only had one sale in the first two months of 2009, had five this year.

While prices were down 7% from this time last year, the rate of decline does seem to be slowing and the market may be nearing the bottom. Market times are up over last year but down versus previous months and there is less inventory on the market now.

North Shore Market Trends: Jan. – Feb. 2010 (vs. year ago)

Town	Units Sold % chg	Avg. Price % chg	Mkt Time % chg
Evanston	35%	18%	31%
Wilmette	20%	-14%	-27%
Glenview/Golf	16%	1%	3%
Northfield	-25%	-27%	84%
Kenilworth	400%	126%	65%
Winnetka	50%	-19%	11%
Glencoe	9%	-23%	1%
Highland Park	190%	14%	157%
Lake Forest	100%	-14%	-20%
NORTH SHORE	47%	-7%	8%