Glencoe IL Real Estate Market Action Report February 2017
By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, RealtorGlencoe's January Property sales were 9, up 50.0% from 6 in January of 2016 and 50.0% higher than the 6 sales last month. January 2017 sales were at their highest level compared to January of 2016 and 2015. January YTD sales of 9 are running 50.0% ahead of last year's year-to-date sales of 6. The Median Sales Price in January was $817,500, up 71.2% from $477,500 in January of 2016 and up 3.8% from $787,500 last month. The Average Sales Price in January was $886,444, up 31.6% from $673,538 in January of 2016 and up 0.4% from $883,333 last month. January 2017 ASP was at a mid range compared to January of 2016 and 2015. The Total Inventory of Properties available for sale as of January was 79, up 16.2% from 68 last month and up 12.9% from 70 in January of last year. J...
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