3rd QUARTER SOLD DATA FOR THE NORTH SHORE of IL ~ JULY 1st – SEPTEMBER 30th, 2014

THE NORTH SHORE OF ILLINOIS
........................................Units...DAYS on MARKET...Median Sold $.........TOTAL SOLD
Condo’s/Town Homes.....499.…............55.....…...............$227,000.................$131,149,761
Single Family……….......949….............71........................$480,000….............$540,315,434
TOTAL……………….1,448….…........65…………........$376,000……..…...$671,465,195

RENTALS
…………....................Units..... DAYS on MARKET…….Median Rental $....TOTAL VOLUME
........................................482..................29..……….…… $1,900…………….$1,034,068

JULY 1 - SEPTEMBER 30, 2013
TOTALS………….…1,680………......87………..……..$360,176………….$751,881,908
Data provided by 2014 MRED, LLC, not Guaranteed. Fair Housing Compliant.

Here is the 3rd Quarter Sold Data for THE North Shore, Il. Our overall number of units sold is down by 2 -3%. However, Days on Market (time it takes a home to be listed and an offer submitted) has dropped by 2 – 3 weeks. The Median Sold Price continues to improve by a small percentage, 1% - 2%.
Our Spring & Summer Real Estate market was greatly impacted by Winter/Polar Vortex of 2014. A normal Season is usually 6 – 8 months, this year it was a very short 2- 3 months.

This Data Includes the Following Areas: Deerfield, Bannockburn, Riverwoods, Highland Park, Lake Forest, Lake Bluff, Lincolnshire, Northbrook, Glenview/Golf, Mundelein/Ivanhoe, Vernon Hills/Indian Creek and Buffalo Grove.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com