Your Ultimate Guide to Real Estate on Chicago's North Shore

North Shore Chicago Real Estate Data – October 2012

Home sales on Chicago’s North Shore were up 4% in October vs. last year. Although sales growth has slowed as we move into the winter, the lack of inventory has also had a dampening effect. At some price points there are very few homes for sale which has frustrated buyers anxious to take advantage of affordable prices and low interest rates.

The low inventory is having a positive effect on prices. Overall, the median selling price on the North Shore was up 11% over last year, with more positive trends seen in the more affordable areas.

Market time has also been affected by low inventory and is now under four months for some towns. This is all good news for sellers, who can expect a quick sale for a well-priced home.

 North Shore Market Update – October 2012

Want more data? You can see statistics by individual town in Market Statistics.

Looking for real estate on the North Shore? Click here to see homes for sale on the North Shore.

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Thinking of selling your home? Give us a call at 847-881-6657 to set up a consultation with the Come Home North Shore Team.

 

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