Winnetka's February Property sales were 7, down -36.4% from 11 in February of 2011 and 16.7% higher than the 6 sales last month. February 2012 sales were at their lowest level compared to February of 2011 and 2010. February YTD sales of 13 are running -35.0% behind last year's year-to-date sales of 20.
The Median Sales Price in February was $1,300,000, up 49.0% from $872,500 in February of 2011 and down -26.6% from $1,771,813 last month. The Average Sales Price in February was $1,493,500, up 32.3% from $1,128,744 in February of 2011 and down -19.8% from $1,863,271 last month. February 2012 ASP was at highest level compared to February of 2011 and 2010.
The Total Inventory of Properties available for sale as of February was 157, up 18.9% from 132 last month and down -14.2% from 183 in February of last year. February 2012 Inventory was at the lowest level compared to February of 2011 and 2010.
The February 2012 Months Supply of Inventory of 22.4 months was at its highest level compared with February of 2011 and 2010. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers.
The average Days On Market (DOM) is how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for February was 193, up 13.5% from 170 days last month and up 26.1% from 153 days in February of last year. The February 2012 DOM was at its highest level compared with February of 2011 and 2010.
The Selling Price vs Original Listing Price is the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The February 2012 Selling Price vs Original List Price of 78.5% was down from 81.8% last month and down from 88.0% in February of last year.
The number of New Listings in February 2012 was 50, up 47.1% from 34 last month and down -3.8% from 52 in February of last year.
Wilmette's February Property sales were 15, up 66.7% from 9 in February of 2011 and -16.7% lower than the 18 sales last month. February 2012 sales were at a mid level compared to February of 2011 and 2010. February YTD sales of 33 are running -10.8% behind last year's year-to-date sales of 37.
The Median Sales Price in February was $370,000, down -10.4% from $413,000 in February of 2011 and down -36.2% from $580,000 last month. The Average Sales Price in February was $422,767, down -31.9% from $620,889 in February of 2011 and down -49.3% from $833,972 last month. February 2012 ASP was at the lowest level compared to February of 2011 and 2010.
The Total Inventory of Properties available for sale as of February was 169, down -1.7% from 172 last month and down -21.0% from 214 in February of last year. February 2012 Inventory was at the lowest level compared to February of 2011 and 2010.
The February 2012 Months Supply of Inventory of 11.3 months was at its lowest level compared with February of 2011 and 2010. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers.
The average Days On Market (DOM) is how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for February was 136, up 7.1% from 127 days last month and up 142.9% from 56 days in February of last year. The February 2012 DOM was at its highest level compared with February of 2011 and 2010.
The Selling Price vs Original Listing Price is the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The February 2012 Selling Price vs Original List Price of 86.7% was up from 83.9% last month and down from 94.6% in February of last year.
The number of New Listings in February 2012 was 62, up 44.2% from 43 last month and up 1.6% from 61 in February of last year.
Northbrook's February Property sales were 23, down -4.2% from 24 in February of 2011 and 15.0% higher than the 20 sales last month. February 2012 sales were at their lowest level compared to February of 2011 and 2010. February YTD sales of 43 are running -15.7% behind last year's year-to-date sales of 51.
The Median Sales Price in February was $180,449, down -33.3% from $270,500 in February of 2011 and down -32.2% from $266,000 last month. The Average Sales Price in February was $334,041, down -9.7% from $369,736 in February of 2011 and down -13.7% from $387,219 last month. February 2012 ASP was at the lowest level compared to February of 2011 and 2010.
The Total Inventory of Properties available for sale as of February was 270, down -10.3% from 301 last month and down -33.2% from 404 in February of last year. February 2012 Inventory was at the lowest level compared to February of 2011 and 2010.
The February 2012 Months Supply of Inventory of 11.7 months was at its lowest level compared with February of 2011 and 2010. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers.
The average Days On Market (DOM) is how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for February was 83, up 16.9% from 71 days last month and down -27.2% from 114 days in February of last year. The February 2012 DOM was at its lowest level compared with February of 2011 and 2010.
The Selling Price vs Original Listing Price is the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The February 2012 Selling Price vs Original List Price of 87.7% was up from 87.0% last month and down from 89.2% in February of last year.
The number of New Listings in February 2012 was 70, up 4.5% from 67 last month and down -4.1% from 73 in February of last year.
Lincolnshire's February Property sales were 4, down -33.3% from 6 in February of 2011 and -20.0% lower than the 5 sales last month. February 2012 sales were at a mid level compared to February of 2011 and 2010. February YTD sales of 9 are running equal to last year's year-to-date sales of 9.
The Median Sales Price in February was $311,250, down -42.5% from $541,000 in February of 2011 and down -26.4% from $423,000 last month. The Average Sales Price in February was $320,600, down -50.5% from $648,250 in February of 2011 and down -44.5% from $577,600 last month. February 2012 ASP was at a mid range compared to February of 2011 and 2010.
The Total Inventory of Properties available for sale as of February was 81, down -2.4% from 83 last month and down -27.0% from 111 in February of last year. February 2012 Inventory was at the lowest level compared to February of 2011 and 2010.
The February 2012 Months Supply of Inventory of 20.3 months was at its highest level compared with February of 2011 and 2010. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers.
The average Days On Market (DOM) is how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for February was 325, up 62.5% from 200 days last month and up 87.9% from 173 days in February of last year. The February 2012 DOM was at its highest level compared with February of 2011 and 2010.
The Selling Price vs Original Listing Price is the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The February 2012 Selling Price vs Original List Price of 81.2% was up from 77.0% last month and down from 85.1% in February of last year.
The number of New Listings in February 2012 was 19, up 18.8% from 16 last month and up 26.7% from 15 in February of last year.
Lake Forest's February Property sales were 10, down -16.7% from 12 in February of 2011 and equal to 0.0% 10 sales last month. February 2012 sales were at their lowest level compared to February of 2011 and 2010. February YTD sales of 20 are running -9.1% behind last year's year-to-date sales of 22.
The Median Sales Price in February was $879,500, up 48.1% from $593,950 in February of 2011 and up 65.8% from $530,500 last month. The Average Sales Price in February was $1,013,150, down -4.4% from $1,059,261 in February of 2011 and up 27.7% from $793,100 last month. February 2012 ASP was at a mid range compared to February of 2011 and 2010.
The Total Inventory of Properties available for sale as of February was 279, up 4.9% from 266 last month and down -18.4% from 342 in February of last year. February 2012 Inventory was at the lowest level compared to February of 2011 and 2010.
The February 2012 Months Supply of Inventory of 27.9 months was at a mid range compared with February of 2011 and 2010. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers.
The average Days On Market (DOM) is how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for February was 264, up 175.0% from 96 days last month and up 106.3% from 128 days in February of last year. The February 2012 DOM was at its highest level compared with February of 2011 and 2010.
The Selling Price vs Original Listing Price is the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The February 2012 Selling Price vs Original List Price of 88.6% was up from 88.2% last month and up from 83.2% in February of last year.
The number of New Listings in February 2012 was 54, up 54.3% from 35 last month and down -8.5% from 59 in February of last year.
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Art Wilson has enjoyed a successful career as a Realtor with Coldwell Banker for the past 12 years and is an established resource for residential real estate in Chicago’s North Shore communities.
Certifications and Recognitions
Professional Affiliations:
Art specializes in representing clients in the purchase and sale of single-family residences and investment property within the towns of Lake Forest, Lake Bluff, Lincolnshire, Winnetka, Highland Park, Glencoe, Wilmette, and Chicago's near north suburbs. Art is current on all transactions in these areas, and is also very knowledgeable of the School Districts in these communities.
While real estate agents are plentiful, they vary in experience and market knowledge. You deserve a market expert, a partner, a guide who understands your needs. Discover the personal attention clients have come to expect from Art Wilson, Realtor. Whether you are looking to buy your dream home, or sell your existing home, you deserve hands-on involvement from your real estate representative every step of the way. As a full time, full service Realtor, Art has a reputation for unparalleled thoroughness and attention to detail, while providing a superior level of market knowledge and customer service. Art's approach is professional yet personal. You can be confident that Art's prompt follow up, combined with his proven negotiating skills, sales and marketing background, and local market knowledge, will result in a truly remarkable real estate experience for you. Art will work closely with you and guide you through the various real estate issues, so that you can enjoy the process as much as the end results. Art is certified as a Relocation Specialist, a Nationally Accredited Buyer's Representative, a Certified Residential Specialist and Broker Associate. He has built a reputation for client satisfaction and is dedicated to making your next move as smooth as possible. Wherever you are moving, Art can help. He has also established a broad network of competent Realtors throughout Chicagoland, as well as, an excellent group of national and international professionals to better serve his clients.
When Representing the Buyer:
Art will listen patiently to your needs and, ask questions to assure clear understanding so that those needs are met through results. He will then evaluate and analyze available properties to determine their potential to meet those needs. With comparative market analysis and local market trends, Art will suggest a realistic selling price for each property. When the best property is identified, he will negotiate aggressively using skill, experience and intuitiveness to reach the best possible outcome. Art will then guide clients through attorney selection, property inspections, mortgage commitment, and contingency negotiation until the transaction is completed.
When Representing the Seller:
He will analyze your property with a comparative market analysis to recommend a price that will produce a timely sale and maximize your return. Art will then work with his staff staging professional to develop an action plan including suggesting cost effective improvements to enhance the value and salability of your home. A comprehensive marketing plan, specific to your
home, will be developed and implemented by Art to gain maximum exposure to the market using traditional and online marketing techniques. He will skillfully negotiate the terms of the contract and work closely with attorneys, inspectors, title company, and buyer representative to assure a smooth transaction.
Bill Robinson
"We sincerely thank you for your kindness in helping us find a beautiful home!"
Jeff and Kelli Neal
Thank you for all your help in selling our home.
Karen and Jonathan, Glencoe, Illinois
What can I say? You two are the best.Thank you for your attention and hard work in selling my home.
Kathy Steffen, Deerfield, Illinois
In all our dealings with Realtors over the past ten years, we have never met anyone as kind, helpful and energetic as you have been. Without hesitation, we would highly recommend your service to anyone who is looking for experienced, caring Realtors who gets things done!
Dave and Trish, Lake Forest, Illinois
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