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Glencoe, IL Real Estate News

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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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, Realtor   Glencoe's September Property sales were 12, down -42.9% from 21 in September of 2013 and -7.7% lower than the 13 sales last month. September 2014 sales were at a mid level compared to September of 2013 and 2012. September YTD sales of 103 are running -24.3% behind last year's year-to-date sales of 136. The Median Sales Price in September was $890,000, down -4.3% from $930,000 in September of 2013 and down -8.2% from $970,000 last month. The Average Sales Price in September was $1,264,740, up 3.4% from $1,222,883 in September of 2013 and down -10.0% from $1,405,385 last month. September 2014 ASP was at highest level compared to September of 2013 and 2012. The Total Inventory of Properties available for sale as of September was 83, down -5.7% from 88 last month a...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, Realtor   Glencoe's August Property sales were 13, down -27.8% from 18 in August of 2013 and -7.1% lower than the 14 sales last month. August 2014 sales were at their lowest level compared to August of 2013 and 2012. August YTD sales of 91 are running -20.9% behind last year's year-to-date sales of 115.  The Median Sales Price in August was $970,000, up 13.1% from $857,500 in August of 2013 and up 10.5% from $877,500 last month. The Average Sales Price in August was $1,405,385, up 43.6% from $978,972 in August of 2013 and up 26.0% from $1,115,482 last month. August 2014 ASP was at highest level compared to August of 2013 and 2012. The Total Inventory of Properties available for sale as of August was 87, up 1.2% from 86 last month and up 7.4% from 81 in August of last yea...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, Realtor   Glencoe's July Property sales were 14, down -33.3% from 21 in July of 2013 and -17.6% lower than the 17 sales last month. July 2014 sales were at their lowest level compared to July of 2013 and 2012. July YTD sales of 78 are running -19.6% behind last year's year-to-date sales of 97.  The Median Sales Price in July was $877,500, down -28.1% from $1,220,000 in July of 2013 and down -14.4% from $1,025,000 last month. The Average Sales Price in July was $1,115,482, down -12.1% from $1,269,476 in July of 2013 and down -16.7% from $1,339,441 last month. July 2014 ASP was at a mid range compared to July of 2013 and 2012. The Total Inventory of Properties available for sale as of July was 86, up 3.6% from 83 last month and equal to 86 in July of last year. July 2014 I...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, Realtor   Glencoe's June Property sales were 17, up 6.3% from 16 in June of 2013 and 13.3% higher than the 15 sales last month. June 2014 sales were at a mid level compared to June of 2013 and 2012. June YTD sales of 64 are running -15.8% behind last year's year-to-date sales of 76. The Median Sales Price in June was $1,025,000, down -18.8% from $1,262,500 in June of 2013 and down -1.0% from $1,035,000 last month. The Average Sales Price in June was $1,339,441, up 3.0% from $1,300,981 in June of 2013 and up 30.8% from $1,024,301 last month. June 2014 ASP was at highest level compared to June of 2013 and 2012. The Total Inventory of Properties available for sale as of June was 81, up 6.6% from 76 last month and up 5.2% from 77 in June of last year. June 2014 Inventory was...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
During the first 6 months of 2014, Glencoe had fewer homes that sold than 2013, but prices were up slightly.  It was a typical seller's market in Glencoe and the numbers prove the point.   Glencoe 2014 Mid Year Real Estate Market Report (with 2013 numbers in red) Sold homes:  62 (70) Average list price:  $1,263,000  ($1,170,000) Average sold price:  $1,175,000  ($1,096,000) List to sell price ratio:  93% (94%) (based on final reduced asking price) Average days on market:  115 (137) So 8 more homes sold in the same period this year over last year and prices rose arund 7%.  The market time was also faster this year as anxious buyers didn't waste any time and chance losing a house.  Of the 62 homes that sold in Glencoe during the first 6 months, one was a foreclosure and one was a short sa...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, Realtor   Glencoe's May Property sales were 15, down -16.7% from 18 in May of 2013 and equal to 0.0% 15 sales last month. May 2014 sales were at a mid level compared to May of 2013 and 2012. May YTD sales of 47 are running -21.7% behind last year's year-to-date sales of 60. The Median Sales Price in May was $1,035,000, up 17.6% from $880,000 in May of 2013 and up 26.2% from $820,000 last month. The Average Sales Price in May was $1,024,301, down -0.3% from $1,027,851 in May of 2013 and down -0.9% from $1,033,247 last month. May 2014 ASP was at a mid range compared to May of 2013 and 2012. The Total Inventory of Properties available for sale as of May was 76, up 7.0% from 71 last month and down -3.8% from 79 in May of last year. May 2014 Inventory was at the lowest level ...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, Realtor Glencoe's April Property sales were 15, down -16.7% from 18 in April of 2013 and 275.0% higher than the 4 sales last month. April 2014 sales were at a mid level compared to April of 2013 and 2012. April YTD sales of 32 are running -23.8% behind last year's year-to-date sales of 42.  The Median Sales Price in April was $820,000, down -7.1% from $882,500 in April of 2013 and down -0.6% from $825,000 last month. The Average Sales Price in April was $1,033,247, up 10.0% from $939,075 in April of 2013 and down -26.4% from $1,403,000 last month. April 2014 ASP was at highest level compared to April of 2013 and 2012. The Total Inventory of Properties available for sale as of April was 65, down -3.0% from 67 last month and down -12.2% from 74 in April of last year. April ...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, Realtor Glencoe's March Property sales were 4, down -66.7% from 12 in March of 2013 and 33.3% higher than the 3 sales last month. March 2014 sales were at their lowest level compared to March of 2013 and 2012. March YTD sales of 17 are running -29.2% behind last year's year-to-date sales of 24. The Median Sales Price in March was $825,000, up 14.4% from $721,000 in March of 2013 and up 11.5% from $740,000 last month. The Average Sales Price in March was $1,403,000, up 72.2% from $814,592 in March of 2013 and up 47.6% from $950,500 last month. March 2014 ASP was at a mid range compared to March of 2013 and 2012. The Total Inventory of Properties available for sale as of March was 61, up 5.2% from 58 last month and down -15.3% from 72 in March of last year. March 2014 Inven...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, Realtor   Glencoe's February Property sales were 3, down -25.0% from 4 in February of 2013 and -70.0% lower than the 10 sales last month. February 2014 sales were at their lowest level compared to February of 2013 and 2012. February YTD sales of 13 are running 8.3% ahead of last year's year-to-date sales of 12. The Median Sales Price in February was $740,000, down -37.3% from $1,180,000 in February of 2013 and down -31.5% from $1,080,828 last month. The Average Sales Price in February was $950,500, down -38.7% from $1,550,000 in February of 2013 and down -4.7% from $997,766 last month. February 2014 ASP was at a mid range compared to February of 2013 and 2012. The Total Inventory of Properties available for sale as of February was 55, down -1.8% from 56 last month and do...
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By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
Glencoe Il Real Estate 60022 has really rocketed in the last year. There has been a 10.5% gain in closed sales in the last 12 months. the average sales price has gone up 13.3 % and the average time on the Real Estate market has gone down 37.7%. A wonderful time to sell you property if you wish to move.  Presently there are 51 single family homes available for sale in Glencoe IL, 23 houses under contract and waiting to close and in the last 12 months 157 homes have sold. In the condo scene there are only 3 available for sale at this time, 2 are under contract and waiting to close and in the last 12 months 12 have sold. Glencoe is really a wonderful community to live and raise a family or just a quiet place to call home. It's population is about 8,723. It's bluffs are overlooking the lake...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, Realtor   Glencoe's January Property sales were 10, up 25.0% from 8 in January of 2013 and -16.7% lower than the 12 sales last month. January 2014 sales were at their highest level compared to January of 2013 and 2012. January YTD sales of 10 are running 25.0% ahead of last year's year-to-date sales of 8.  The Median Sales Price in January was $1,080,828, up 51.7% from $712,500 in January of 2013 and up 25.3% from $862,500 last month. The Average Sales Price in January was $997,766, up 29.4% from $771,250 in January of 2013 and up 3.1% from $968,092 last month. January 2014 ASP was at a mid range compared to January of 2013 and 2012. The Total Inventory of Properties available for sale as of January was 54, up 1.9% from 53 last month and down -20.6% from 68 in January of...
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By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
Glencoe Illinois has had a fantastic Real Estate Market in 2013. Expectations have been exceeded by everyone and 2014 offers so much opportunity for people wanting to sell their home as well as buyers wishing to live in this quiet community that has so much to offer. At the present time there are 48 single family homes for sale and 16 homes under contract waiting to close shortly. There are 5 condominiums presently available for sale at this time too. In the last 12 months there have been 12 condos sold, and 158 Single Family Homes.  Glencoe is a small village with a population of 8,723, it is a Chicago North Shore suburb and is within the New Trier High School District and is the next town north of Winnetka. Highland park is just north and Northbrook to the west. Glencoe has beautiful ...
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By Marco Amidei
(RE/MAX Suburban )
South Elementary School, Glencoe, IL About South Elementary School South Elementary School is a K,1-2 school in District 35, and is located at 266 Linden Ave in Glencoe, IL. It services homes in Glencoe. Single-FamilyHomes 42 Condos &Townhomes 5 Foreclosures for Sale 1 NewConstruction 8 AdultCommunities 0 Homes for sale in the South Elementary School area Address Beds Baths Built Price 443 Sheridan Rd., Glencoe, IL 8 8.4 1936 $5,950,000 1177 Oak Ridge Dr., Glencoe, IL 4 3.0 1952 $825,000 321 Greenwood Ave., Glencoe, IL 3 3.0 0 $649,000 630 Vernon Ave. #10, Glencoe, IL 2 2.0 1986 $299,000 750 Grove St., Glencoe, IL 4 2.1 1925 $725,000 35 Aspen Ln., Glencoe, IL 0 0.0 0 $3,950,000 280 Cedar Ln., Glencoe, IL 5 3.0 1957 $725,000 883 Thornapple Ln., Glencoe, IL 4 2.1 1956 $749,000 237 Walden...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, Realtor   Glencoe's December Property sales were 11, up 57.1% from 7 in December of 2012 and 10.0% higher than the 10 sales last month. December 2013 sales were at a mid level compared to December of 2012 and 2011. December YTD sales of 168 are running 11.3% ahead of last year's year-to-date sales of 151.  The Median Sales Price in December was $825,000, up 26.9% from $650,000 in December of 2012 and down -10.3% from $919,750 last month. The Average Sales Price in December was $941,955, up 53.8% from $612,286 in December of 2012 and down -42.5% from $1,637,400 last month. December 2013 ASP was at highest level compared to December of 2012 and 2011. The Total Inventory of Properties available for sale as of December was 50, down -21.9% from 64 last month and down -23.1% f...
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By Marco Amidei
(RE/MAX Suburban )
630 Vernon, Glencoe, Illinois About 630 Vernon 630 Vernon is a condo building built in the 1980's. 630 Vernon is located in Glencoe, Illinois. Average taxes in 630 Vernon $4,135 Average association fees in 630 Vernon $517 ($517 - $517) Average home size in 630 Vernon 0 ft2 Average lot size in 630 Vernon 0.00 acres Average year built in 630 Vernon 1986 Homes for sale in 630 Vernon Address Beds Baths Built Price 630 Vernon Ave. #10 2 2.0 1986 $299,000 Sales Summary for 630 Vernon  (Jan 5, 2013 - Jan 5, 2014) # of Sales Average Days on Market Average List Average Sale Ratio% 6 276 $299,800 $257,400 85.9% Recent home sales in 630 Vernon Address Beds Baths Sold 630 Vernon Ave. #9 2 2.0 $260,000 630 Vernon Ave. #2 2 2.0 $183,000 630 Vernon #15 1 1.0 $241,000 630 Vernon Ave. #16 1 1.0 $229,90...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, Realtor Glencoe's November Property sales were 10, down -16.7% from 12 in November of 2012 and -9.1% lower than the 11 sales last month. November 2013 sales were at a mid level compared to November of 2012 and 2011. November YTD sales of 157 are running 9.0% ahead of last year's year-to-date sales of 144.  The Median Sales Price in November was $919,750, up 46.0% from $630,000 in November of 2012 and up 31.4% from $700,000 last month. The Average Sales Price in November was $1,637,400, up 101.6% from $812,208 in November of 2012 and up 105.0% from $798,727 last month. November 2013 ASP was at highest level compared to November of 2012 and 2011. The Total Inventory of Properties available for sale as of November was 60, down -25.9% from 81 last month and down -23.1% from ...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Glencoe Homes for Sale - Market Update Glencoe has had a nice real estate recovery since the recession days which began in 2008.  Surprisingly, the one number that remained almost static is the median sales price.  The charts below cover one-year periods from 2010 to the present. Glencoe Median Sales Price Glencoe Homes Market Time   Glencoe Percentage of Sale Price to Original List Price   Glencoe Months Supply of Homes   Glencoe # Homes for Sale   Glencoe # Closed Sales
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, Realtor       Glencoe's October Property sales were 11, up 22.2% from 9 in October of 2012 and -47.6% lower than the 21 sales last month. October 2013 sales were at a mid level compared to October of 2012 and 2011. October YTD sales of 147 are running 11.4% ahead of last year's year-to-date sales of 132.       The Median Sales Price in October was $700,000, down -6.7% from $750,000in October of 2012 and down -24.7% from $930,000 last month. The Average Sales Price in October was $798,727, down -32.8% from $1,188,000 in October of 2012 and down -34.9% from $1,226,169 last month. October 2013 ASP was at the lowest level compared to October of 2012 and 2011.       The Total Inventory of Properties available for sale as of October was 77, equal to 77 last month and down -3.8%...
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By Marco Amidei
(RE/MAX Suburban )
West School, Glencoe, IL About West School West School is a 3-4 school in District 35, and is located at 1010 Forestway Dr in Glencoe, IL. It services homes in Glencoe. Single-FamilyHomes 1 Condos &Townhomes 0 Foreclosures for Sale 0 NewConstruction 1 AdultCommunities 0 Homes for sale in the West School area Address Beds Baths Built Price 378 Adams Ave., Glencoe, IL 4 4.1 2014 $1,549,000 Sales Summary for the West School area  (Nov 4, 2012 - Nov 4, 2013) # of Sales Average Days on Market Average List Average Sale Ratio% 17 229 $1,097,773 $913,294 83.2% Recent home sales in the West School area Address Beds Baths Date Sold 316 Adams Ave., Glencoe, IL 2 1.1 9/30/13 $220,000 1176 Carol Ln., Glencoe, IL 4 3.1 6/11/13 $525,000 580 Westley Rd., Glencoe, IL 5 5.1 6/09/13 $1,325,000 401 Jeffer...
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