Homeward Bound - North

« Comparing property taxes in Chicago's near Glenview, Deerfield property taxes on the »

No seasonal downturn in new listings

user-pic
Joe Zekas

20 years on the North Shore without going native.

530 N Ashland Ave, Park Ridge, Illinois

This has traditionally been the time of year when real estate activity in Chicago slows to a crawl. This year may be different.

Many experienced brokers are telling their clients not to take their homes off the market for the holiday season this year, and not to wait until the new year to bring their home to market.

The working theory is that the smaller number of buyers who are active at this time of year are highly motivated, and some need to purchase in connection with a relocation.

One hundred and thirty-one new home and condo listings came on the market in the near north suburbs during the past week. They ranged from a one-bedroom condo in Morton Grove priced at $79,900 to a 4-bedroom home in Park Ridge priced at $1,395,000.

The Park Ridge home, pictured above, has 3 full and 2 half-baths. It's said to be an "authentic Williamsburg Cape Code." I've never encountered that phrase apart from a real estate listing, so I'm not entirely certain what it means. If anything, I find it baffling, since the style homes one sees in Williamsburg are very much unlike the Cape Cod style.

Recommended

[?]

Recent Posts

Subscribe

No Comments

Leave a Comment?

Some HTML is permitted: a, strong, em

What your comment will look like:

said:

what will you say?

Related Topics

Most Active Pages Right Now

ChicagoNow.com on Facebook