This handout is provided to members of the @properties Market Expert program in conjunction with Keeping Current Matters. The enclosed information discusses factual information about the Chicago North Shore real estate market specifically - as well as local North Shore neighborhoods.
Market Expert Handout - North Shore Real Estate Market - May 2011
1. DOM Quartiling for ALL North Shore UNDER CONTRACT Properties - April 2011
# of Price
Org. Price List Price OLP/LP% DOM SP% Est. Ave. SP DOM Changes BD BA Ave. SQFT $/SQFT Lot Size (Acres)
0 - 90 Days on Market $ 757,419.76 $ 747,216.94 99% 93% $ 737,151.55 26.927 0.3 3.8 2.6 1664.0 $ 250.84 0.37
90 - 180 Days on Market $ 778,765.00 $ 732,024.69 94% 89% $ 688,089.66 140.19 1.8 3.5 2.6 1383.0 $ 246.76 0.42
180 - 365 Days on Market $ 897,982.21 $ 809,510.94 90% 89% $ 729,756.06 272.73 1.6 3.7 2.6 1303.5 $ 236.53 0.89
365+ Days on Market $ 959,209.26 $ 824,151.65 86% 89% $ 708,110.28 643.15 2.4 3.6 2.6 1581.1 $ 259.85 0.81
* Averages pulled from the areas of Evanston, Wilmette, Kennilworth, Winnetka, Glencoe, Highland Park, Northfield,
Lake Bluff and Lake Forest
$1,000,000.00 Org. Price
$900,000.00 List Price
$800,000.00
$700,000.00 Est. Ave. SP
$600,000.00
$500,000.00
$400,000.00 Ave. Days on Market
$300,000.00
643 DOM
$200,000.00
700
$100,000.00
600
$- 500
0 - 90 Days 90 - 180 180 - 365 365+ Days 400 273
on Market Days on Days on on Market 300
Market Market 140
200
27
100
0
0 - 90 Days 90 - 180 180 - 365 365+ Days
on Market Days on Days on on Market
Market Market