NSBAR

Fewer homes selling for fewer days at slightly higher prices has been the mantra for many areas in the housing market this year.  This trend continues in this area with slight variations. Housing data for November shows the number of new listings fell from the same period in 2016, while houses under contact rose at a similar rate, according to the North Shore-Barrington Association of REALTORS^® (NSBAR).

As the second quarter of 2017 ends, the North Shore-Barrington housing market shows an increase in new listings, median and average sales prices. Housing data for June also shows continued growth for closed sales and houses under contract, according to the North Shore-Barrington Association of REALTORS® (NSBAR).

Midway through the second quarter, the North Shore and Barrington area housing markets continue to offer buyers what they are looking for in a home and sales in these areas reflect that. Housing data for May shows the number of new listings and median sales prices slightly fell from the same period in 2016, while closed sales rose substantially, followed in numbers by homes under contract, according to the North Shore-Barrington Association of REALTORS® (NSBAR).

Early predictions of a healthy market performance for the first quarter have held true for the North Shore-Barrington housing market. Housing data for March shows the number of new listings and closed sales rose from the same period in 2016, while houses under contact rose substantially, according to the North Shore-Barrington Association of REALTORS® (NSBAR).

Although closed sales began to decline in most of the country during August, the North Shore-Barrington market posted gains in this and most other key metrics.

A slightly lower inventory of houses on the market has helped sellers see prices rise in many North Shore and Barrington-area communities.  Homes are selling faster now than in the last few years and buyers are finding they need to move fast to get the home they want.