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

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)
295
76 Attached homes
219 Detached homes
(
$280,000
$2,000,000
105 cash sales (35%)
0 home close contingencies of 11 contracts (0%)
(As of 1/24/25)
.7 Months Supply
(Market Favors Sellers)
$724,165
(Up 2% over December 2023)
$390,365
(Up 10.3% over December 2023)
23 Days
(Down 11.5% from December 2023)
Evanston
(Click to View Data)
808
499 Attached homes
309 Detached homes
(
$175,000
$2,975,000
316 cash sales (37%)
1 home close contingency of 53 contracts (2%)
(As of 1/24/25)
.9 Months Supply
(Market Favors Sellers)
$823,960
(Up 8.3% over December 2023)
$345,223
(Up 4.2% over December 2023)
15 Days
(Down 37.5% from December 2023)
Glencoe
(Click to View Data)
129
8 Attached homes
121 Detached homes
(
$410,000
$7,250,000
71 cash sales (55%)
0 home close contingencies of 14 contracts (0%)
(As of 1/24/25)
1.1 Months Supply
(Market Favors Sellers)
$1,990,469
(Up 24.6% over December 2023)
$512,188
(Up 25% over December 2023 - note small sample size)
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)
664
264 Attached homes
400 Detached homes
(
$290,000
$4,225,000
238 cash sales (36%)
0 home close contingencies of 26 contracts (0%)
(As of 1/24/25)
.9 Months Supply
(Market Favors Sellers)
$993,862
(Up 20.6% over December 2023)
$418,359
(Up 1.7% over December 2023)
7 Days
(Down 53.3% from December 2023)
Highland Park
(Click to View Data)
434
84 Attached homes
350 Detached homes
(
$170,000
$9,500,000
175 cash sales (39%)
0 home close contingencies of 27 contracts (0%)
(As of 1/24/25)
1.2 Months Supply
(Market Favors Sellers)
$960,030
(Up 12% over December 2023)
$473,294
(Down 7.8% over December 2023)
9 Days
(Even from December 2023)
Kenilworth
(Click to View Data)
39
38 Detached Sales
1 Attached Sales
$820,000
$4,450,000
14 cash sales (36%)
0 home close contingencies out of 1 contract (0%)
1.3 Months Supply
(Favors Sellers)
$2,086,225
$490,000
11 Days
(Listing to Contract)
Lincolnshire
(Click to View Data)
125
88 Detached Homes
37 Attached Homes
$205,000
$2,285,511
57 cash sales (46%)
0 home contingencies out of 5 contracts (0%)
.7 Months
(Favors Sellers)
$850,286
(Up 4.9% from December 2023)
$441,571
(Up 0.1% over December 2023)
15 Days
(Down 16.7% over December 2023)
Northfield
(Click to View Data)
104
74 Detached Homes
30 Attached Homes
$225,000
$3,500,000
55 cash sales (40%)
0 home contingencies out of 5 contracts (0%)
.5 Months
(Favors Sellers)
$1,228,987
(Up 4.3% from December 2023)
$432,783
(Down 5.8% over December 2023)
14 Days
(Down 44% over December 2023)
Northbrook
(Click to View Data)
541
245 Attached homes
296 Detached homes
(
$230,000
$3,100,000
241 cash sales (44%)
0 home close contingencies of 25 contracts (0%)
(As of 1/24/25)
1.1 Months Supply
(Market Favors Sellers)
$937,978
(Up 30.7% over December 2023)
$434,188
(Up 6.4% over December 2023)
9 Days
(Down 69% from December 2023)
Skokie
(Click to View Data)
536
209 Attached homes
327 Detached homes
(
$245,000
$1,175,000
151 cash sales (28%)
1 home close contingency of 39 contracts (2.6%)
(As of 1/24/25)
1.2 Months Supply
(Market Favors Sellers)
$485,327
(Up 4% over December 2023)
$283,176
(Up 13.3% from December 2023)
27 Days
(Down 10% from December 2023)
Wilmette
(Click to View Data)
351
82 Attached homes
269 Detached homes
(
$417,000
$3,502,500
138 cash sales (39%)
0 home close contingencies of 22 contracts (0%)
(As of 1/24/25)
.5 Months Supply
(Market Favors Sellers)
$1,273,126
(Up 6.7% over December 2023)
$550,867
(Up 18.1% from December 2023)
25 Days
(Up 47.1% from December 2023)
Winnetka
(Click to View Data)
198
21 Attached homes
177 Detached homes
(
$510,000
$8,500,000
99 cash sales (50%)
0 home close contingencies of 12 contracts (0%)
(As of 1/24/25)
1 Months Supply
(Market Favors Sellers)
$2,048,803
(Up 1.5% over December 2023)
$604,060
(Down 10.6% from December 2023)
5 Days
(Down 72.2% from December 2023)
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