2021 - 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 2021. 6 months represents a balanced market. Less than 6 months favors sellers.
*Home Close Contingencies, reflect a snapshot of activity as of January 19, 2022.
*Cash Offers, reflect closings from 1/19/20-1/19/21.
Deerfield
(Click to View Data)
507
141 Attached homes
366 Detached homes
(
$193,000
$2,000,000
49 cash sales (13%)
0 home close contingencies of 29 contracts
(As of 1/19/22)
2.0 Months Supply
(Market Favors Sellers)
$603,681
(Up 8% over December 2020)
$288,481
(Down 12.7% over December 2020)
37 Days
(Down 32.7% from December 2020)
Evanston
(Click to View Data)
1,243
740 Attached homes
503 Detached homes
(
$151,500
$2,400,000
94 cash sales (19%)
2 home close contingencies of 42 contracts (5%)
(As of 1/19/22)
1.3 Months Supply
(Market Favors Sellers)
$732,648
(Up 11.4% over December 2020)
$300,613
(Up .9% over December 2020)
25 Days
Glencoe
(Click to View Data)
185
17 Attached homes
168 Detached homes
(
$314,000
$8,680,000
43 cash sales (26%)
0 home close contingencies of 14 contracts
(As of 1/19/22)
1.8 Months Supply
(Market Favors Sellers)
$1,385,511
(Up 16.8% over December 2020)
$354,508
(Down 8.4% over December 2020)
39 Days
(Down 40% from December 2020)
Glenview
(Click to View Data)
1,142
393 Attached homes
749 Detached homes
(
$205,000
$3,300,000
116 cash sales (15%)
2 home close contingencies of 43 contracts (4.7%)
(As of 1/19/22)
1.9 Months Supply
(Market Favors Sellers)
$753,747
(Up 10.4% over December 2020)
$355,550
(Up 10.8% over December 2020)
32 Days
(Down 30.4% from December 2020)
Highland Park
(Click to View Data)
740
152 Attached homes
588 Detached homes
(
$158,000
$6,000,000
134 cash sales (23%)
3 home close contingencies of 45 contracts (6.7%)
(As of 1/19/22)
1.7 Months Supply
(Market Favors Sellers)
$734,298
(Up 16.9% over December 2020)
$392,841
(Up 9.5% over December 2020)
37 Days
(Down 41.3% from December 2020)
Kenilworth
(Click to View Data)
72
72 Detached Sales
0 Attached Sales
$456,000
$9,450,000
12 cash sales (17%)
0 home close contingencies out of 4 contracts (0%)
2.5 Months Supply
(Favors Sellers)
$1,828,737
n/a
44 Days
Northfield
(Click to View Data)
160
46 Attached Homes
114 Detached Homes
$195,000
$4,325,000
32 cash sales (29%)
0 home contingency out of 13 contracts (0%)
2.1 Months Supply
(Favors Sellers)
$1,027,684
(Up 23.5% from December 2020)
$393,052
(Up 37.9% over December 2020)
35 Days
(Down 51.4% over December 2020)
Northbrook
(Click to View Data)
943
370 Attached homes
573 Detached homes
(
$190,000
$2,950,000
121 cash sales (21%)
3 home close contingencies of 40 contracts (7.5%)
(As of 1/19/22)
2.0 Months Supply
(Market Favors Sellers)
$700,688
(Up 9.1% over December 2020)
$348,366
(Up 8.4% over December 2020)
36 Days
(Down 33.3% from December 2020)
Skokie
(Click to View Data)
916
361 Attached homes
555 Detached homes
(
$210,000
$1,600,000
77 cash sales (14%)
1 home close contingency of 37 contracts (2.7%)
(As of 1/19/22)
1.5 Months Supply
(Market Favors Sellers)
$420,745
(Up 12.3% over December 2020)
$219,746
(Up 1.1% from December 2020)
23 Days
(Down 39.5% from December 2020)
Wilmette
(Click to View Data)
616
132 Attached homes
484 Detached homes
(
$245,000
$3,175,000
63 cash sales (13%)
0 home close contingencies of 19 contracts (0%)
(As of 1/19/22)
1.4 Months Supply
(Market Favors Sellers)
$950,281
(Up 4.9% over December 2020)
$414,996
(Up 12.6% from December 2020)
29 Days
(Down 29.3% from December 2020)
Winnetka
(Click to View Data)
79 cash sales (23%)
0 home close contingencies of 20 contracts (0%)
(As of 1/19/22)
1.9 Months Supply
(Market Favors Sellers)
$1,543,646
(Up 13.4% over December 2020)
$411,428
(Up .1% from December 2020)
41 Days
(Down 31.7% from December 2020)
Join Our Newsletter
For exclusive news, community information and market updates, sign up for our monthly newsletter.