north-shore-sales-trends &laquo; WordPress.com Tag Feed http://en.wordpress.com/tag/north-shore-sales-trends/ Feed of posts on WordPress.com tagged "north-shore-sales-trends" Tue, 21 May 2013 15:06:07 +0000 http://en.wordpress.com/tags/ en <![CDATA[November North Shore Market Update]]> http://northshoreviews.wordpress.com/2009/11/18/november-market-update/ Wed, 18 Nov 2009 21:57:50 +0000 annewwest http://northshoreviews.wordpress.com/2009/11/18/november-market-update/ North Shore real estate trends are currently a good news, bad news story.
The market is definitely inching towards a recovery, here as well as most
other markets, although the North Shore has benefited less from the first
time buyer tax credit than lower-priced markets. Sales on the North Shore
were up 21% in the latest two month period versus year ago, so reluctant
buyers are getting off the fence and things are moving again.  The not so
good news is that prices are down 7% and average time on market has
increased by 14% to 201 days. But that’s an average. Some properties are
selling quickly- those are the ones that are priced right from the
beginning, and buyers perceive a good value.

September-October 2009 vs. Year Ago*

Town Units Sold% Change Avg. Price% Change Days on Mkt% Change
Evanston +15% -33% +58%
Wilmette - -7% -35%
Glenview +22% -12% +51%
Northfield +40% -16% +20%
Winnetka -4% -7% +16%
Glencoe +79% -12% -5%
Highland Park +11% -6% -27%
Lake Forest +119% -3% +12%
North Shore +21% -7% +14%

* Single family homes (Source: MRED)



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