2024 - Chicago's North Shore Real Estate Market in Review

bahai temple box brownie

So what have we seen in the North Shore Real Estate market?  How many homes with cash buyers?  How many buyers using home close contingencies? Where have average prices gone and what is a typical market time?  All of these details and more are laid out below. 

Be sure to click on each tab below to view the data!

 

Assumptions:

*Average sales price reflects a rolling 12 month average. 

*Months Supply, reflects inventory as of December 2024.  6 months represents a balanced market. Less than 6 months favors sellers.

*Home Close Contingencies, reflect a snapshot of activity as of January 24, 2025.

*Cash Offers, reflect closings from 1/1/24-12/31/24. 

Deerfield

(Click to View Data)

Total Closed Sales (Attached & Detached)

295

76 Attached homes

219 Detached homes

(

Lowest Priced Sale (Detached Homes)

$280,000

Highest Price Sale (Detached Homes)

$2,000,000

Total Cash Sales

105 cash sales (35%)

Total Home Close Contingencies

0 home close contingencies of 11 contracts (0%)

(As of 1/24/25)

Months Supply Detached Homes

.7 Months Supply

(Market Favors Sellers)

Average Price (Detached Homes)

$724,165

(Up 2% over December 2023)

Average Price (Attached Homes)

$390,365

(Up 10.3% over December 2023)

Average Market Time to Contract (Detached Homes)

23 Days

(Down 11.5% from December 2023)

Evanston

(Click to View Data)

Total Closed Sales (Attached & Detached)

808

499 Attached homes

309 Detached homes

(

Lowest Priced Sale (Detached Homes)

$175,000

Highest Price Sale (Detached Homes)

$2,975,000

Total Cash Sales

316 cash sales (37%)

Total Home Close Contingencies

1 home close contingency of 53 contracts (2%)

(As of 1/24/25)

Months Supply Detached Homes

.9 Months Supply

(Market Favors Sellers)

Average Price (Detached Homes)

$823,960

(Up 8.3% over December 2023)

Average Price (Attached Homes)

$345,223

(Up 4.2% over December 2023)

Average Market Time to Contract (Detached Homes)

15 Days

(Down 37.5% from December 2023)

Glencoe

(Click to View Data)

Total Closed Sales (Attached & Detached)

129

8 Attached homes

121 Detached homes

(

Lowest Priced Sale (Detached Homes)

$410,000

Highest Price Sale (Detached Homes)

$7,250,000

Total Cash Sales

71 cash sales (55%)

Total Home Close Contingencies

0 home close contingencies of 14 contracts (0%)

(As of 1/24/25)

Months Supply Detached Homes

1.1 Months Supply

(Market Favors Sellers)

Average Price (Detached Homes)

$1,990,469

(Up 24.6% over December 2023)

Average Price (Attached Homes)

$512,188

(Up 25% over December 2023 - note small sample size)

Average Market Time to Contract (Detached Homes)

5 Days

(Up 66.7% from December 2023)

Note - this is Median Market time to contract

since one sale skewed the average

 

Glenview

(Click to View Data)

Total Closed Sales (Attached & Detached)

664

264 Attached homes

400 Detached homes

(

Lowest Priced Sale (Detached Homes)

$290,000

Highest Price Sale (Detached Homes)

$4,225,000

Total Cash Sales

238 cash sales (36%)

Total Home Close Contingencies

0 home close contingencies of 26 contracts (0%)

(As of 1/24/25)

Months Supply Detached Homes

.9 Months Supply

(Market Favors Sellers)

Average Price (Detached Homes)

$993,862

(Up 20.6% over December 2023)

Average Price (Attached Homes)

$418,359

(Up 1.7% over December 2023)

Average Market Time to Contract (Detached Homes)

7 Days

(Down 53.3% from December 2023)

Highland Park

(Click to View Data)

Total Closed Sales (Attached & Detached)

434

84 Attached homes

350 Detached homes

(

Lowest Priced Sale (Detached Homes)

$170,000

Highest Price Sale (Detached Homes)

$9,500,000

Total Cash Sales

175 cash sales (39%)

Total Home Close Contingencies

0 home close contingencies of 27 contracts (0%)

(As of 1/24/25)

Months Supply Detached Homes

1.2 Months Supply

(Market Favors Sellers)

Average Price (Detached Homes)

$960,030

(Up 12% over December 2023)

Average Price (Attached Homes)

$473,294

(Down 7.8% over December 2023)

Average Market Time to Contract (Detached Homes)

9 Days

(Even from December 2023)

Kenilworth

(Click to View Data)

Total Closed Sales (Attached & Detached)

39

38 Detached Sales

1 Attached Sales

Lowest Priced Sale (Detached Homes)

$820,000

Highest Price Sale (Detached Homes)

$4,450,000

Total Cash Sales

14 cash sales (36%)

Total Home Close Contingencies

0 home close contingencies out of 1 contract (0%)

Months Supply Detached Homes

1.3 Months Supply

(Favors Sellers)

Average Price (Detached Homes)

$2,086,225

Average Price (Attached Homes)

$490,000

Average Market Time to Contract (Detached Homes)

11 Days

(Listing to Contract)

Lincolnshire

(Click to View Data)

Total Closed Sales (Attached & Detached)

125

88 Detached Homes

37 Attached Homes

Lowest Priced Sale (Detached Homes)

$205,000

Highest Price Sale (Detached Homes)

$2,285,511

Total Cash Sales

57 cash sales (46%)

Total Home Close Contingencies

0 home contingencies out of 5 contracts (0%)

Months Supply Detached Homes

.7 Months

(Favors Sellers)

Average Price (Detached Homes)

$850,286

(Up 4.9% from December 2023)

Average Price (Attached Homes)

$441,571

(Up 0.1% over December 2023)

Average Market Time to Contract (Detached Homes)

15 Days

(Down 16.7% over December 2023)

Northfield

(Click to View Data)

Total Closed Sales (Attached & Detached)

104

74 Detached Homes

30 Attached Homes

Lowest Priced Sale (Detached Homes)

$225,000

Highest Price Sale (Detached Homes)

$3,500,000

Total Cash Sales

55 cash sales (40%)

Total Home Close Contingencies

0 home contingencies out of 5 contracts (0%)

Months Supply Detached Homes

.5 Months

(Favors Sellers)

Average Price (Detached Homes)

$1,228,987

(Up 4.3% from December 2023)

Average Price (Attached Homes)

$432,783

(Down 5.8% over December 2023)

Average Market Time to Contract (Detached Homes)

14 Days

(Down 44% over December 2023)

Northbrook

(Click to View Data)

Total Closed Sales (Attached & Detached)

541

245 Attached homes

296 Detached homes

(

Lowest Priced Sale (Detached Homes)

$230,000

Highest Price Sale (Detached Homes)

$3,100,000

Total Cash Sales

241 cash sales (44%)

Total Home Close Contingencies

0 home close contingencies of 25 contracts (0%)

(As of 1/24/25)

Months Supply Detached Homes

1.1 Months Supply

(Market Favors Sellers)

Average Price (Detached Homes)

$937,978

(Up 30.7% over December 2023)

Average Price (Attached Homes)

$434,188

(Up 6.4% over December 2023)

Average Market Time to Contract (Detached Homes)

9 Days

(Down 69% from December 2023)

Skokie

(Click to View Data)

Total Closed Sales (Attached & Detached)

536

209 Attached homes

327 Detached homes

(

Lowest Priced Sale (Detached Homes)

$245,000

Highest Price Sale (Detached Homes)

$1,175,000

Total Cash Sales

151 cash sales (28%)

Total Home Close Contingencies

1 home close contingency of 39 contracts (2.6%)

(As of 1/24/25)

Months Supply Detached Homes

1.2 Months Supply

(Market Favors Sellers)

Average Price (Detached Homes)

$485,327

(Up 4% over December 2023)

Average Price (Attached Homes)

$283,176

(Up 13.3% from December 2023)

Average Market Time to Contract (Detached Homes)

27 Days

(Down 10% from December 2023)

Wilmette

(Click to View Data)

Total Closed Sales (Attached & Detached)

351

82 Attached homes

269 Detached homes

(

Lowest Priced Sale (Detached Homes)

$417,000

Highest Price Sale (Detached Homes)

$3,502,500

Total Cash Sales

138 cash sales (39%)

Total Home Close Contingencies

0 home close contingencies of 22 contracts (0%)

(As of 1/24/25)

Months Supply Detached Homes

.5 Months Supply

(Market Favors Sellers)

Average Price (Detached Homes)

$1,273,126

(Up 6.7% over December 2023)

Average Price (Attached Homes)

$550,867

(Up 18.1% from December 2023)

Average Market Time to Contract (Detached Homes)

25 Days

(Up 47.1% from December 2023)

Winnetka

(Click to View Data)

Total Closed Sales (Attached & Detached)

198

21 Attached homes

177 Detached homes

(

Lowest Priced Sale (Detached Homes)

$510,000

Highest Price Sale (Detached Homes)

$8,500,000

Total Cash Sales

99 cash sales (50%)

Total Home Close Contingencies

0 home close contingencies of 12 contracts (0%)

(As of 1/24/25)

Months Supply Detached Homes

1 Months Supply

(Market Favors Sellers)

Average Price (Detached Homes)

$2,048,803

(Up 1.5% over December 2023)

Average Price (Attached Homes)

$604,060

(Down 10.6% from December 2023)

Average Market Time to Contract (Detached Homes)

5 Days

(Down 72.2% from December 2023)

Join Our Newsletter

For exclusive news, community information and market updates, sign up for our monthly newsletter.

Simple Newsletter sign up
Select Newsletter Version: *