HOUSI NGMARKETSURGESI N NORTHSHORE-BARRI NGTON No r t h b r o o k , I L —Fe b r u a r y2 5 , 2 0 1 5 —Th en u mb e r o fn e wl i s t i n g si nt h eNo r t hSh o r e–Ba r r i n g t o n a r e ah a si n c r e a s e db y1 2 . 7p e r c e n t c o mp a r e dt o J a n u a r yo fl a s ty e a r . Ac c o r d i n gt od a t af r o mt h e No r t hSh o r e Ba r r i n g t o nAs s o c i a t i o no fRe a l t o r s ( NSBAR) ,8 5 9h o u s e swe r ep u to nt h ema r k e ti n J a n u a r y —n e a r l yd o u b l i n gt h ea mo u n to fn e w l i s t i n g si nDe c e mb e r2 0 1 4 . Wh i l ec l o s e ds a l e ss a wad e c r e a s eo f 4 . 3p e r c e n t c o mp a r e dt ot h i st i mel a s ty e a r ,t h en u mb e ro f p r o p e r t i e su n d e rc o n t r a c t s o a r e db y1 0 . 6p e r c e n t . “ Th i si st r u l yag r e a tt i mef o rh o me b u y e r s .No t o n l yi st h e r ea ni n c r e a s ei na v a i l a b l ep r o p e r t i e sf o r b u y e r st oc h o o s ef r o m,b u ts o mea l s oh a v et h e o p p o r t u n i t yt ot a k ea d v a n t a g eo ft h e3p e r c e n t d o wnp a y me n tp r o g r a mst h a tc o u l dh e l pma k e p u r c h a s i n gah o mear e a l i t y , ”s t a t e dNSBAR Bo a r dPr e s i d e n t Wa y n ePa p r o c k i a n db r o k e rwi t h Re a l t yAd v i s o r sNo r t hi nNo r t h b r o o kWa y n ePa p r o c k i , MCNE, DREI , GRI . Ad d i t i o n a l l y , p l a y i n gi nf a v o r o f h o me b u y e r si st h e f a c tt h a tt h e r ea r e2 , 7 1 3a v a i l a b l ep r o p e r t i e sf o r s a l ei nt h eNo r t hSh o r e–Ba r r i n g t o na r e ac o mp a r e dt o2 , 3 9 9l a s t J a n u a r y —a ni n c r e a s eo f 1 3 . 1 p e r c e n t .
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p e r c e n te mp l o y me n tg r o wt h ,wh i c hi sh a l fo ft h e n a t i o n wi d er a t e , ” c o mme n t e dNSBARCEOSt e v e Vo l k o d a v .
•Go l f Gl e n v i e w –2 1d e t a c h e ds i n g l e f a mi l y h o me ss o l dy e a r t o d a t e ,d o wn 2 2 . 2p e r c e n t c o mp a r e dt o2 7d e t a c h e ds i n g l e f a mi l yh o me s s o l db yJ a n u a r y2 0 1 4 .Th eme d i a ns a l ep r i c ei n Ac r o s st h eNo r t hSh o r e Ba r r i n g t o nr e g i o n ,J a n u - J a n u a r y2 0 1 5wa s$ 5 5 0 , 0 0 0 ,d o wn8 . 3p e r c e n t a r y2 0 1 5h o u s i n gma r k e t h i g h l i g h t si n c l u d e : c o mp a r e dt o$ 6 0 0 , 0 0 0ay e a ra g o .
Sa l e sa n dp r i c ei n f o r ma t i o ni sg e n e r a t e db y NSBARwi t hMi d we s t Re a l Es t a t eDa t a .
Th eNo r t hSh o r e Ba r r i n g t o nAs s o c i a t i o no f REAL T ORS® ( NSBAR)r e p r e s e n t smo r et h a n3 , 5 0 0 p r a c t i t i o n e r si nr e s i d e n t i a la n dc o mme r c i a lr e a l e s t a t e . Si n c e1 9 1 9i t h a sb e e nt h ea r e a ’ sl e a d i n g •Y e a r t o d a t e , 2 5 0d e t a c h e ds i n g l e f a mi l yh o me s •L a k eFo r e s t –1 6d e t a c h e ds i n g l e f a mi l yh o me s a d v o c a t ef o rp r i v a t ep r o p e r t yr i g h t sa n dah e a l t h y s o l di nt h eNo r t hSh o r e Ba r r i n g t o nma r k e t . I nt h e s o l dy e a r t o d a t e ,d o wn2 0p e r c e n tc o mp a r e dt o r e a le s t a t ee n v i r o n me n t .Vi s i tNSBARo n l i n ea t ma j o r i t yo fc o mmu n i t i e s ,s a l e sf o r2 0 1 5we r e 2 0d e t a c h e ds i n g l e f a mi l yh o me ss o l db yJ a n u a r y NSBAR. o r g . d o wn , c o mp a r e dt oay e a r a g o , a l o n gwi t hme d i a n 2 0 1 4 . Th eme d i a ns a l ep r i c ei nJ a n u a r y2 0 1 5wa s s a l ep r i c e s .Co mmu n i t i e sr e p o r t i n ga ni n c r e a s e $ 6 7 2 , 5 0 0 ,d o wn 4 0 . 2p e r c e n tc o mp a r e dt o Ba s e do nCe n s u sT r a c td a t a ,MREDd e f i n e st h e ( o rn oc h a n g e )i ns a l e sy e a r t o d a t ec o mp a r e dt o $ 1 , 1 2 5 , 0 0 0ay e a ra g o . No r t hSh o r ea si n c l u d i n gBa n n o c k b u r n , De e r f i e l d , J a n u a r y2 0 1 4i n c l u d eBa r r i n g t o na r e a ,De e r f i e l d , Ev a n s t o n ,Gl e n c o e ,Gl e n v i e w,Go l f ,Hi g h l a n d Hi g h l a n dPa r k ,L a k eBl u f f ,L i n c o l n wo o d ,Mo r t o n •No r t h b r o o k–2 0d e t a c h e ds i n g l e f a mi l yh o me s Pa r k ,Hi g h wo o d ,Ke n i l wo r t h ,L a k eBl u f f ,L a k e Gr o v e , No r t h f i e l da n dWi n n e t k a . s o l dy e a r t o d a t e , d o wn1 6 . 7p e r c e n t c o mp a r e dt o Fo r e s t ,L i n c o l n s h i r e ,L i n c o l n wo o d , Me t t a wa , 2 4d e t a c h e ds i n g l e f a mi l yh o me ss o l db yJ a n u a r y Mo r t o n Gr o v e ,No r t h b r o o k ,No r t h f i e l d ,Pr a i r i e •Ba r r i n g t o na r e a– 3 2d e t a c h e ds i n g l e f a mi l y 2 0 1 4 . Th eme d i a ns a l ep r i c ei nJ a n u a r y2 0 1 5wa s Vi e w,Ri v e r wo o d s ,Sk o k i e ,Wi l me t t ea n dWi n n e t h o me ss o l dy e a r t o d a t e ,t h es a men u mb e ro f $ 6 2 0 , 0 0 0 , u p2 3 . 3p e r c e n t c o mp a r e dt o$ 5 0 2 , 8 5 0 k a . d e t a c h e ds i n g l e f a mi l yh o me ss o l db yJ a n u a r y ay e a ra g o . 2 0 1 4 . Th eme d i a ns a l ep r i c ei nJ a n u a r y2 0 1 5wa s $ 4 8 9 , 0 0 0ad e c r e a s eo f 2 . 3p e r c e n t c o mp a r e dt o •Sk o k i e–2 3d e t a c h e ds i n g l e f a mi l yh o me ss o l d $ 5 0 0 , 7 5 0ay e a ra g o . y e a r t o d a t e ,d o wn2 0 . 7p e r c e n tc o mp a r e dt o2 9 d e t a c h e ds i n g l e f a mi l yh o me ss o l db yJ a n u a r y •De e r f i e l d–1 6d e t a c h e ds i n g l e f a mi l yh o me s 2 0 1 4 . Th eme d i a ns a l ep r i c ei nJ a n u a r y2 0 1 5wa s s o l dy e a r t o d a t e , u p3 3 . 3p e r c e n t c o mp a r e dt o1 2 $ 2 8 0 , 0 0 0 , u p8 . 9p e r c e n t c o mp a r e dt o$ 2 5 7 , 0 0 0a d e t a c h e ds i n g l e f a mi l yh o me ss o l db yJ a n u a r y y e a ra g o . 2 0 1 4 . Th eme d i a ns a l ep r i c ei nJ a n u a r y2 0 1 5wa s $ 5 7 7 , 5 0 0 ,u p9p e r c e n tc o mp a r e dt o$ 5 3 0 , 0 0 0a y e a ra g o .
Pr i c e sa r ec o n t i n u i n gt og a i nt r a c t i o nwi t ht h e me d i a ns a l ep r i c eo f $ 3 7 5 , 5 0 0i nJ a n u a r yo f 2 0 1 5 , a ni n c r e a s eo f 3 . 4p e r c e n t f r o m$ 3 6 3 , 0 0 0i nJ a n u - •Ev a n s t o n–1 3d e t a c h e ds i n g l e f a mi l yh o me s a r y2 0 1 4 . s o l dy e a r t o d a t e , d o wn7 . 1p e r c e n t c o mp a r e dt o 1 4d e t a c h e ds i n g l e f a mi l yh o me ss o l db yJ a n u a r y “ Wes h o u l d n ’ t e x p e c t t os e ed r a s t i cp r i c ei n c r e a s - 2 0 1 4 . Th eme d i a ns a l ep r i c ei nJ a n u a r y2 0 1 5wa s e sa si no t h e rp a r t so ft h ec o u n t r yd u et oCh i c a - $ 3 5 1 , 0 0 0 ,d o wn 1 7 . 8p e r c e n tc o mp a r e dt o g o ’ ss l o we c o n o mi cr e c o v e r ya n dl a g g i n g0 . 8 $ 4 2 7 , 0 0 0ay e a ra g o .
SALESANDPRI CEI NFORMATI ONI SGENERATEDBYMUL TI PLELI STI NGSERVI CECLOSEDSALESREPORTEDBY30PARTI CI PATI NGI LLI NOI SREAL TOR®LOCALBOARDSANDASSOCI ATI ONSI NCLUDI NGMI DWESTREAL ESTATEDATALLCDATAASOFNOV. 7, 2014FORTHEPERI ODOCT . 1THROUGHOCT . 31, 2014. THECHI CAGOPMSA, ASDEFI NEDBYTHEU. S. CENSUSBUREAU, I NCLUDESTHECOUNTI ESOFCOOK, DEKALB, DUPAGE, GRUNDY, KANE, KENDALL, LAKE, MCHENRYANDWI LL.FI NDI LLI NOI SHOUSI NGSTATS, DATAANDTHEUNI VERSI TYOFI LLI NOI SREALFORECASTATWWW. I LLI NOI SREAL TOR. ORG/ MARKETSTATS.