North Shore Views
Archive for the 'Real estate' Category
North Shore home prices were up 5% in July, with every town showing appreciation except Glenview (-1%) and Glencoe (-28%), though both were up double digits year-to-date through June. On the other hand, homes sales were down 12% in July vs. last year. The only town that showed an increase was Wilmette (+29%).
Days on market continued to decline to 77 days (market time in a normal market is 180 days). Glenview, Northfield and Wilmette had the shortest market time (< two months), while Kenilworth, Highland Park and Glencoe had the longest time on market.
North Shore Real Estate Update – July 2014 vs. Year Ago
What’s the explanation for declining sales when we’re supposed to be in a recovery? The inventory of homes for sale continues to be below the 6 month level we associate with a normal market. Some North Shore towns, namely Wilmette and Evanston, have only three months of inventory, and this is driving prices up. Why are more people not selling? Some because they still have less equity than they did back in the day, and they’re hoping that prices will continue to rise. And some because they have a super-low mortgage rate and don’t want to give that up.
North Shore Views is the most comprehensive online source for North Shore Chicago real estate and community information. Whether you are looking for market statistics, homes for sale or local events, North Shore Views has it all at your fingertips. Browse information regarding our communities, market data, luxury homes, lakefront property, schools and what you should know about making the move to the North Shore.
Welcome to 9445 Lawler in Skokie.
One of the side benefits of being a Realtor that I never get tired of is the opportunity to tour historically significant homes designed by some of the world’s finest architects. Today Coldwell Banker’s Previews Group hosted a party at the fabulous Fleur de Lys mansion at 275 Sussex Lane in Lake Forest and we got to see every square inch of it.
The 11,000 square foot house is situated on over 2 acres that include a pool, tennis courts, gardens and large terrace. It has 17 formal rooms, 8 bedrooms and 10 baths. The house is not the typical mega-mansion one would build today; it’s way too formal and grand, like something out of The Great Gatsby. It’s the perfect venue for weddings, charity balls and large parties.
The estate is celebrating its 100th birthday this year. It was designed by David Adler in 1914 for meat-packing baron Joseph Cudahy and his wife, Jean Morton Cudahy, daughter of the founder of Morton Salt. Apparently Adler’s inspiration for the house was Petit Trianon, a small chateau on the grounds of Versailles Palace in France. You’d think at this price the home would be perched on a bluff overlooking Lake Michigan, but it’s not. In fact, it sits in the middle of a quiet neighborhood that was once part of the estate until it was sold off and subdivided.
You can watch a video about this fabulous estate here:
The home is listed by Coldwell Banker’s Straub Milito Group and is being offered at $8,900,000. If you would like to arrange a private showing, call us at 847-881-6657.
We are North Shore real estate specialists and one of the top teams in the area. If you would like to schedule a buyer or seller consultation with the Come Home North Shore team, please call 847-881-6657 or send us a note here.
1636 Forest Avenue, Wilmette, IL 60091
Home available for rent on Chicago’s North Shore are few and far between. If you are looking for a great rental in a great neighborhood, this may just be the one!
This traditional brick home in Wilmette’s McKenzie neighborhood has four bedrooms and two and a half updated baths upstairs, plus a full bath on the first floor. It has a wonderful living room with wood burning fireplace, a dining room with bay window and an updated kitchen that opens into a large family room. Enjoy a screened in porch off the family room, a large deck and a lovely backyard with play structure. There are hardwood floors throughout and it has a two car detached garage. From this home it’s an easy walk to school, train and parks.
It’s available September 1st at $5,500/month.
If you’d like to schedule an appointment to see this home, give us a call at 847-881-6657 or send us an email here.
Discover ultimate luxury within this stunning custom built log home in Wisconsin’s North Woods. This amazing home is prestigiously nestled on the western edge of High Falls waterfront. The home features floor to ceiling windows that will reward you with spectacular sunset views. Endless care was taken when each and every log that went into the home was hand picked.
Relaxing among family and friends is easy w/ this open concept, 6 bdrm, 4.5 bath vacation getaway.
The home features a formal dining, designer kitchen with pantry, two living rooms with stone fire places, first floor laundry, mudroom, custom furniture throughout, a large rec room (36×19), sun porch, professional landscaping, wrap around porch off of the back, walkout basement, stone patio off of the walkout, 24/7 surveillance, lots of storage space, a 700 bottle count wine cellar & an attached 2 car garage.
Enjoy easy and endless access to water sports w/ your extra wide pier. It’s conveniently located just 12 miles from the Crivitz airport, about an hour North of Green Bay, 10 miles from Nicolet National Forest & quick easy access to interstate hwys.
This stunning brick home in Wilmette’s Kenilworth Gardens has plenty of space for everybody! With five bedrooms and three and a half baths it’s one of the larger homes in the neighborhood. It has a huge living room with fireplace and a formal dining room, making it the perfect for house for parties and holiday gatherings. A newer kitchen with adjacent family room opens on to a large deck overlooking the back yard.
Upstairs is a large master suite with cathedral ceiling and skylights plus three more family bedrooms and a hall bath. The fifth bedroom is on the lower level and has its own spa bath, making it a great retreat for guests, nanny or teenager. Also on the lower level is a rec room and laundry. An oversized two-car garage sits at the end of the private driveway.
Kenilworth Gardens is one of Wilmette’s most popular neighborhoods. Friendly and welcoming, there’s always something going on here, from summer block parties to egg hunts, concerts and neighborhood yard sales. The biggest draw is Harper School (K-4), an award-winning elementary school that is walkable from anywhere in the neighborhood. The other big draw is Thornwood Park, with its playlot, ball fields, tennis courts and (in winter) skating pond. Finally, for those who commute to work in the city, Kenilworth Gardens is just a 5 minute walk to the Metra station in Kenilworth.
This home is offered at $975,000. Call the Come Home North Shore Team at 847-881-6657 to arrange a private showing of 2121 Beechwood or send us a note here.
Watch a video about this home:
As of June 30, there were 218 active listings in Highland Park, with a median list price of $769,000 and prices ranging from $49,900 to $16,000,000. (If you take out Michael Jordan’s house, the next highest priced house is $9,800,000). The average market time was 84 days.
Single family detached homes represented 87% of the total listings.
33% of them are over $1,000,000.
During June there were 64 closed sales, with a median selling price of $506,000 and ranging from $91,800 to $3,200,000.
Year to date there have been 214 closed sales in Highland Park, with a median selling price of $497,000 and an average of 90 days on market.
Watch this video for more local market data for Highland Park:
Single family detached homes represented 94% of the total listings.
71% of those are over $1,000,000.
During June there were 17 closed sales with a median selling price of $1,025,000 and an average of 60 days on market. Selling prices ranged from $492,000 to $2,650,000.
Year to date there have been 65 closed sales in Glencoe, with a median selling price of $1,025,000 and an average of 129 days on market. Single family detached homes represented 95% of closed sales, with a median sales price of $1,030,000.
Watch this video for more local market data for Glencoe:
Single family detached homes represented 39% of the total listings. 24% of them are over $1,000,000.
During June there were 128 closed sales with a median selling price of $345,500 and an average of 45 days on market. Selling prices ranged from $70,000 to $1,470,000.
Year to date there have been 445 closed sales in Evanston, with a median selling price of $315,000 and an average of 80 days on market.
Watch this video for more local market data for Evanston:
Single family detached homes represented 98% of the total listings. 43 are in Greeley School, 59 in Crow Island, 49 in Hubbard Woods and 26 in Avoca (District 37).
During June there were 27 closed sales with a median selling price of $1,300,000 and an average of 176 days on market. 23 of the closed sales were single family detached houses with a median selling price of $1,353,500 and ranging from $457,739 to $3,300,000. Average market time was 176 days.
Year to date there have been 105 closed sales in Winnetka, with a median sold price of $1,149,000 and an average of 132 days on market. 93 of the closed sales were single family detached homes with a median selling price of $1,240,000 and ranging from $435,000 to $5,500,000. The average market time was 124 days.
Watch this video for more local market data for Winnetka: