North Shore Views

North Shore Market Update – April 2010

Home sales across the North Shore were up 136% in April 2010 over April of 2009. The increase in sales was accompanied by a 15% decrease in median sold price. As sellers become more realistic about the pricing of their houses, buyers are responding. Days on market was unchanged from last year, the first time in a while that we have not seen an increase in market time over the prior year.

Every town except Glencoe had a significant increase in sales vs. last year. The biggest winners were  Winnetka and Highland Park. Winnetka, which had only 2 sales in April of 2009 (the worst month for Winnetka real estate in recent memory), had 12 ales this April. Highland Park had 8 sales last year and 42 sales this year. Highland Park also had the largest decrease in median price for sold homes. Winnetka, on the other hand, had a median price increase of 14%.

North Shore Market Update – April 2010 vs. April 2009*

Source: MRED – Deemed relaible but not guaranteed.
* Single family detached homes

Tags: North Shore market data, North Shore real estate trends, North Shore sales trends

This entry was posted on Monday, May 10th, 2010 at 2:44 pm and is filed under North Shore market data, Real estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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