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Winnetka IL Real Estate Market Action Report July 2017
By Art Wilson, Realtor
Winnetka’s June Property sales were 48, up 45.5% from 33 in June of 2016 and 140.0% higher than the 20 sales last month. June 2017 sales were at their highest level compared to June of 2016 and 2015. June YTD sales of 156 are running 30.0% ahead of last year's year-to-date sales of 120.
The Median Sales Price in June was $1,108,750, down -12.4% from $1,265,000 in June of 2016 and up 12.3% from $987,500 last month. The Average Sales Price in June was $1,314,915, down -6.3% from $1,402,610 in June of 2016 and up 4.8% from $1,255,175 last month. June 2017 ASP was at the lowest level compared to June of 2016 and 2015
The Total Inventory of Properties available for sale as of June was 174, down -0.6% from 175 last month and down -19.1% from 215 in June of last year. June 2017 Inventory was at the lowest level compared to June of 2016 and 2015.
 The June 2017 Months Supply of Inventory of 3.6 months was at its lowest level compared with June of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers.
The average Days On ... more

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