Market Update: Townhomes in The Glen

It has been a busy spring for attached homes (townhomes, row houses, villas) in The Glen, the premier residential, retail, and dining venue in Glenview, Illinois.

The newest housing development in The Glen is called Regency.  Pulte Homes is currently building 109 townhomes and 40 villas ranging is size from 1523 sq ft to 2493 sq ft.  The development is not yet sold out, but homes are moving rather quickly.  Buyers are attracted to The Glen, and also by the prospect of purchasing new construction at competitive prices in an area known for excellent schools.

The row homes and villas in Southgate were built approximately 9 years ago; the development offers 38 row homes and 24 villas ranging in size from 1585 sq f to 2055 sq ft.  There are no homes on the market currently.  (Homes do show on the MLS and in this website, but they are under contract.  They are removed from the MLS and website when the purchases close.)  3 have sold so far in 2013 and 6 were sold in 2012.  These homes are so popular that they sell rapidly.

There are 3 Tower Crossing townhomes currently for sale.  This development includes 154 homes in 6 models which range in size from 3031 sq ft to 4105 sq ft.  2 of the homes currently for sale are Drake models (3075 sq ft) with elevators!  They have direct views of Lake Glenview and Gallery Park.  The other home for sale is an Astoria model with 3210 sq ft.  There are 2 Tower Crossing homes for rent currently.  7 homes in this development have sold or are under contract so far in 2013, and 3 have rented.  11 sold and 12 rented in 2012.

If you are interested in a luxury townhome or villa on the North Shore, please contact me at 847-401-1802.

Margaret Ludemann

 

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