Glencoe Real Estate Market Report - October 2014
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Glencoe had 12 homes close in October which is 1 house more than last October, 2013. Here are the numbers: Sold homes: 12 Average sold price: $1,429,000 Average list to sell price ratio: 89% Average days on market: 94 The average list to sell price ratio is a fairly low 89%. In checking deeper, I found one home that sold for 40% of its original list price and that skewed the average. Overpricing caused a very long market time as well as a lower sale price. Current Real Estate Market in Glencoe For sale: 72 homes Price range: $349,000 to $5,400,000 Under contract: 11 homes (with contingencies) Pending homes: 9 homes (contingencies cleared) All Homes for Sale in Glencoe
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