Over $140 million sold and over 370 happy homeowners Shaunna Burhop | Baird & Warner Real Estate Broker 210 W. Northwest Highway, Arlington Heights, Illinois 60004
December 2020 Newsletter
MY HOLIDAY WISH… is that you’ll find ways to let those that matter most know how much they mean to you. 2020 has reinforced the importance of being there for each other, and I’m grateful for my family, my friends, and all of you who support me. Happy Holidays!
Market Update NORTHWEST SUBURBS* Detached, Single Family • Median Sales Price: $370,000 +9.6% • Average Days on Market: 79 -26.2% • New Listings: 899 -14.1% • Showings per Listing: 9.1 +82.0% • Homes Under Contract: 623 +37.8% Attached, Condos + Townhomes • Median Sales Price: $186,500 +4.8% • Average Days on Market: 64 +4.9% • New Listings: 681 +8.4% • Showings per Listing: 5.7 +26.7% • Homes Under Contract: 462 +61% *Statistics October 2020 v. 2019; (+) or (-) indicates change between the month of October 2020 compared to October 2019; Figures from MRED LLC. Info Sparks
Calendar CHECK OUT LET IT SHINE DRIVE-THRU LIGHTSHOW NORTHBROOK: Immerse yourself in a wonderland of light displays synchronized to holiday classics. Tickets required, book at: shinelightshow.com
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MARKET TRENDS: The New “Must-Haves”
T
he global pandemic has shattered countless plans, transformed homes into offices and makeshift schools, and reshaped virtually every part of our lives. It’s also very quickly shifted the priority list for home buyers. More square footage, a home office (or two), and outdoor space are now all top-of-mind. Must-have features include gym space— people now want room for both their Peloton and their desk. Backyard features such as patios, fire pits, outdoor kitchens, gardens, pools, and screened-in porches have all gained more appeal. Open layouts are starting to give way to more defined spaces where parents and kids alike can focus without distraction. Younger buyers and their downsizing parents are looking for turnkey, recently updated homes and are craving bonus spaces—areas that are separated from the normal flow of the home such as an all-season porch or a nice finished basement. People used to come home from work and unwind on the couch—but now working from home they want a separate and distinct area to disconnect. As trends evolve, I’ll keep you updated on Facebook and Instagram. And remember, whether you have a move planned or not, I’m always happy to have a conversation with you about what renovations and improvements will make you and yours feel more at home. n
A beautiful way to incorporate a home gym into a guest room!
ABOVE I love how this bar height table adds dual purpose to this basement family room. I had a similar one made when I remodeled my own basement. This one is from Stockton Heritage on Etsy.
STAGING + SELLING | SEARCHING + INVESTING | RENOVATIONS + DESIGN | RELOCATION + RETIREMENT | SENIOR LIVING + ESTATES
