There really wasn't much of a Spring market in Lake Forest. For example, historically,May is the month with the most transactions with 45-60 sales over the last 5 years. This May there were only 21 contracts. However, in the last month things have picked up in Wilmette and Winnetka which usually means good things to come in Lake Forest in the near term..
The spring market was very slow in no small part due to the long winter. We are actually seeing a big increase in buyer traffic right now and the number of calls we're getting is really up in the last 30-40 days. The other side of this though is on the North Shore even though there has been a lot more buyer interest latley, over the last 60 days for every home that has accepted a contract about three new ones have come on the market. This means we're constantly adjusting marketing strategies and mediums to hit the buyers since there's so much competition. While I hate to speculate, I think this summer's going to be kind of steady (with a slow down this week around the holiday) and then we'll see a nice uptick in September til mid November again.
Good luck and if you have any questions about marketing don't hesitate to ask.
Things have definetly slowed since the tax credit expired. Also, the higher end of the market is much slower than the lower end in general.....I'm not sure how you are currently priced, but much of the inventory in Lake Forest (& Chicagoland area as a whole) is really overpriced.