Coldwell Banker's Anne West, over at her North Shore Views site, has just posted single-family home sales numbers for North Shore communities (minus Lake Bluff and plus Glenview) for the first six months of this year.
Sales volumes increased year-over-year in only 3 of the communities: Glencoe (+53%), Kenilworth (+10%) and Winnetka (+6%). It's interesting to note that those 3 also had the highest median sales prices on the North Shore during the first six months of the year, $887,850, $1,595,000 and $1,004,500, respectively.
The increased sales pace in the more affluent communities is consistent with the impressionistic results we've been hearing from local Realtors: there's been increased strength recently in the higher – but not highest – reaches of the North Shore market.
The modest year-over-year increases in median sales prices don't present a clear picture of actual pricing trends on the North Shore. The home at 931 Sunset Rd in Winnetka, pictured above, closed early in June at $1.8M. That's a steep drop from its previous sale, in August of 2005, for $2.5M.
I wouldn't place any credence in the reported days-on-market statistics. Many properties have delisted and relisted and have been on the market much longer than these numbers reflect.
See more of the details at North Shore Views.