Homes For Sale in Wilmette and Chicago North Shore Suburbs

Lisa Finks & Lourdes Arencibo Real Estate Agents

  • Home
  • Home Sales Stats
    • North Shore Community Market Stats
    • Market Minute Reports
  • Search by School
    • Search By North Shore Elementary School
  • North Shore Pocket Listings
  • Sellers
  • Town Info
    • Wilmette Information and Links
    • Subdivisions
    • Indian Hill Estates
    • Kenilworth Gardens
    • The Cage
  • Blog
  • Contact
  • About Lisa Finks and Lourdes Arencibia
  • Press – Lisa & Lourdes

What’s Going On In The Winnetka Market? Four Charts Provide The Answer – Nov 2018

November 2, 2018 By Lisa Finks Leave a Comment

There has been a lot of talk about skittish buyers and drops in home sales in the Chicago area.  I was curious how that translated to the Winnetka market so analyzed the data and was surprised by what I found.

First, showing activity – the third quarter started out slower than 2017 but in the last few weeks, it has picked up and has pulled ahead of last year.  So buyers are out shopping and the pace is starting to pick up over last year.  That is good news.

Winnetka Showings By Week 3Q 2018

Winnetka Showings By Week 3Q 2018

Next, I looked at Under Contract activity.  After all, if buyers are looking but not buying – that doesn’t help the market at all. . . 

But under contract activity is up in Winnetka over 2017 levels, so buyers seem to be buying more Winnetka homes now that they did in the third quarter of last year.

Winnetka Under Contract Activity 3Q

Winnetka Under Contract Activity 3Q

Showings and under contract activity seem to be edging past 2017 levels but it makes sense to check one last metric – inventory levels.  And those have decreased in 2018 v. 2017 so there are fewer homes on the market.  The months supply of home has decreased from 6.6 months a year ago to 6.0 months.  In raw numbers, 158 detached homes were for sale in Winnetka on 10/31/17 and 141 are on the market one year later.  So with slightly less inventory and increased buyer showing activity, prices are pushing up.

Winnetka Months Supply of Homes October 2018

Winnetka Months Supply of Homes October 2018

And average prices have pushed higher in Winnetka which is great news for sellers.

Winnetka Average Sales Price of Homes

Winnetka Average Sales Price of Homes

In sum, the Winnetka market is strong!  It’s still a great time to buy and sell!

For sellers, make sure your home is prepped to sell and priced competitively to contend with increased competition. 

For buyers, even though interest rates are rising, they are still at historically low levels and with a strong economy, it’s still a great time to invest in your future by purchasing a home.

Whether buying or selling, I’m happy to help.  Please call me at 847-778-0540 or email me at Lisa@LisaFinks.com.

For details about my exclusive Strategic Seller Program, click here.

For details about the comprehensive services offered to buyers, click here.

Filed Under: Uncategorized

What’s Going On In The Wilmette Market? The Answer in 4 Charts – Oct 2018

October 27, 2018 By Lisa Finks Leave a Comment

There has been a lot of talk about skittish buyers and drops in home sales in the Chicago area.  I was curious how that translated to the Wilmette market so analyzed the data and was surprised by what I found.

First, showing activity – it is essentially even with last year and, in some weeks, up over 2017 numbers.  So buyers are out shopping in equal numbers to one year ago!  That is good news.

Wilmette showing activity October 2018

Wilmette Showings By Week 3Q 2018

Next, I looked at Under Contract activity.  After all, if buyers are looking but not buying – that doesn’t help the market at all. . . 

But under contract activity is also about even with 2017, so buyers seem to be buying as many Wilmette homes now as they did in the third quarter of last year.

Wilmette Under Contract By Month October 2018

Wilmette Under Contract Activity By Month

Since showings and under contract activity are just as strong in 2018 as in 2017, I wanted to check one last metric – inventory levels.  And those have risen in 2018 v. 2017 so there are more homes on the market.  The months supply of home has increased from 5.1 months a year ago to 6.1 months.  In raw numbers, 158 detached homes were for sale in Wilmette on 10/27/17 and 179 are on the market right now (10/27/18), one year later.  So with more inventory and stable showings/under contracts, it can feel like activity has slowed. . .

Months Supply Wilmette 2018

Months Supply Wilmette October 2018

While a greater supply can lessen demand and push down price – there is more good news in that prices have held firm and have actually seen improvement in the last several months.

Wilmette Average Sales Prices October 2018

Wilmette Average Sales Prices October 2018

In sum, the Wilmette market is strong!  It’s still a great time to buy and sell!

For sellers, make sure your home is prepped to sell and priced competitively to contend with increased competition. 

For buyers, even though interest rates are rising, they are still at historically low levels and with a strong economy, it’s still a great time to invest in your future by purchasing a home.

Whether buying or selling, I’m happy to help.  Please call me at 847-778-0540 or email me at Lisa@LisaFinks.com.

For details about my exclusive Strategic Seller Program, click here.

For details about the comprehensive services offered to buyers, click here.

Filed Under: Market Stats

Six Design Trends for Kitchen and Bath Spaces

October 21, 2018 By Lisa Finks Leave a Comment

Filed Under: Uncategorized

216 Lockerbie

October 21, 2018 By Lisa Finks Leave a Comment

Filed Under: Uncategorized

More Evidence that the tip-top of the home market is red hot

October 21, 2018 By Lisa Finks Leave a Comment

Filed Under: Uncategorized

Proposed Northbrook Court Revamp Razes Macy’s

October 21, 2018 By Lisa Finks Leave a Comment

Filed Under: Uncategorized

Announcing. . . Compass Real Estate!

October 21, 2018 By Lisa Finks Leave a Comment

Filed Under: Uncategorized

What’s the Deal with Zillow Changing its Zestimates?

October 21, 2018 By Lisa Finks Leave a Comment

Filed Under: Uncategorized

Chicago will still be a homebuyer’s bargain well into the 2020’s.

October 21, 2018 By Lisa Finks Leave a Comment

Filed Under: Uncategorized

Coming Soon to Wilmette

July 21, 2018 By Lisa Finks Leave a Comment

Filed Under: Uncategorized

  • Page 1
  • Page 2
  • Page 3
  • …
  • Page 7
  • Next Page »

Quick Search

Search The Blog by Category

  • Ask The Expert (4)
  • Fun Events (5)
  • Home construction (3)
  • Home Decor & Garden (8)
  • Home Finance (3)
  • Home Tours (4)
  • Home Values (5)
  • Market Stats (2)
  • North Shore Amenities (2)
  • North Shore Lifestyle (10)
  • North Shore Restaurants (4)
  • North Shore Schools (2)
  • Odds & Ends (3)
  • Real Estate Tips (3)
  • Uncategorized (20)

Find Information Quickly

  • 11 Essential Wilmette Market Stats
  • 2018 Official Thanksgiving Coloring Contest Entry Form
  • 2018 Thanksgiving Coloring Contest
  • 7 Mistakes to Avoid as a Home Seller
  • 7 Reasons to Buy Your Next Home With Lisa Finks
  • About Compass Real Estate
  • About Lisa Finks and Lourdes Arencibia
  • Adwerx: Digital Advertising for Real Estate – In the Press
  • Blog
  • Blog Posts
  • Buyer Strategies
  • Buyers Info
  • Central School Area Real Estate Statistics
  • Compass Concierge Program Detail
  • Compass Concierge Seller Program
  • Complimentary Photo Shoot Form
  • Contact
  • Contact Us
  • Crain’s Chicago Business – In the Press
  • Cubs Win! Trump Wins! And Buyer Activity Down in the North Shore Housing Market!
  • Do This Now Before You List
  • Email Disclaimer
  • Evanston Real Estate Market Statistics
  • Fourth of July Festivities on the North Shore
  • Glencoe Real Estate Market Statistics
  • Glenview Elementary Schools
  • Glenview Real Estate Market Statistics
  • Going On the Market
  • Harper School Area Real Estate Statistics
  • Home
  • Home Evaluation
  • Home Page – Lisa & Lourdes
  • Home Valuation
  • How Fast Will Your Home Sell?
  • Join Our Newsletter
  • Kenilworth Real Estate Market Statistics
  • Lisa Finks Newsletters
  • Lisa Finks Real Estate Marketing Strategies
  • Looking For A Big Backyard on the North Shore?
  • Looking For A Fab Living Room on the North Shore?
  • Looking For Natural Light on the North Shore? Windows Galore!
  • Losing the Real Estate Property Tax Deduction will Hurt – Here’s What You Can Do in 2017.
  • Market Minute Reports
  • Market Update In Glenview
  • North Shore Community Market Stats
  • North Shore Pocket Listings
  • North Shore School Boundaries Map and Downtown Areas
  • Northbrook Elementary Schools
  • Northbrook Real Estate Market Statistics
  • Northfield Real Estate Market Statistics
  • Official Thanksgiving Coloring Contest Entry Form – 2016
  • ONE thing you must do NOW to sell your home this spring
  • Press – Lisa & Lourdes
  • Privacy Policy
  • Remodeling Projects 2017: Will You Get Your Money Back?
  • Request a Comparative Market Analysis on Your Home
  • Romona School Area Real Estate Statistics
  • sample default page
  • Santa is Coming to the Rock House Wilmette
  • Savvy Negotiating Tactics for Buyers
  • Savvy Negotiating Tactics for Sellers
  • Search By Evanston Elementary School
  • Search By Glencoe Elementary School
  • Search By Glenview Elementary School
  • Search By Kenilworth Elementary School
  • Search By North Shore Elementary School
  • Search By Northbrook Elementary School
  • Search By Northfield Elementary School
  • Search By Wilmette Elementary School
  • Search By Winnetka Elementary School
  • Seller Strategies
  • Sellers Needed in District 29 Northfield/Northbrook
  • Selling Your North Shore Home
  • Sign Me Up For Cook County Rate Litigation
  • Terms & Conditions
  • Thanksgiving Coloring Contest Rules 2017
  • The Good, The Bad and The Ugly. . . Home Valuations on the North Shore
  • The Most Iconic Movie Homes in Chicago
  • The Myth of Proceeding as an Unrepresented Buyer
  • The Myth of the Discount Commission… How Lower Fees Actually Cost Sellers Money!
  • The Scoop on Home Valuations
  • Thinking About A Move To Wilmette?
  • Thinking about selling your evanston home?
  • Top Months To Sell Your Glencoe Home
  • Top Months To Sell Your Glenview Home
  • Top Months To Sell Your Wilmette Home
  • Top Months To Sell Your Winnetka Home
  • Vendor List
  • What to do now to sell your home this spring?
  • What to Expect When Buying A Home on the North Shore
  • When if the Best Time to Sell Your Glenview Home?
  • When is the Best Time to Buy a Home?
  • When is the Best Time to Sell Your Home?
  • When is the Best Time to Sell Your Wilmette Home?
  • When to Sell Your Glenview Home
  • When to Sell Your Winnetka Home
  • Which House Would You Choose
  • Why List With Lisa?
  • Wilmette
  • Wilmette Beacon 1025 13th Home of the Week – In the Press
  • Wilmette Beacon 2207 Washington Home of the Week – In the Press
  • Wilmette Beacon 2417 Pomona Home of the Week – In the Press
  • Wilmette Luxury Homes by School District
  • Wilmette Real Estate Market Statistics
  • Wilmette Tour
  • Winnetka Current 1600 Asbury – In the Press
  • Winnetka Real Estate Market Statistics
  • Your Guide To Wilmette’s Lakefront Condos
Lisa Finks & Lourdes Arencibia | 847-778-0540 | Lisa@LisaFinks.com | Compass | 565 Lincoln Ave Winnetka, IL 60093
[one_third]Lisa Finks Facebook[/one_third][one_third]Realtorlogos[/one_third][one_third_last]Lisa Finks Linked in[/one_third_last]

Privacy Policy
Copyright © 2019 Lisa Finks