Things are looking up!   Sales for Winnetka, Wilmette, Kenilworth and Glencoe are definitely higher than  comparable sales in May (see May Market Report.)

But if sales are up, what about prices?  I've including something different in this report - the percentage of sale price to  original list price.  Some of these homes came on the market pre-market downturn and are now selling at remarkably lower prices.  New homes coming on the market now will not reflect the same % of list/sale price that these numbers reflect.

Winnetka - 21 Sales!  (7 sales in 2008)

624 Willow               $350,000  (81% of original asking price)

929 Tower                 350,000  (61%)

1491 Asbury              460,000  (79%)

1107 Tower               520,000  (95%)  on market for 9 days

329 Rosewood           554,000  (83%)

278 Ridge                 875,000  (80%)

184 Old Green Bay     950,000  (86%)

1086 Spruce              962,500  (78%)

1250 Forest Glen S   1,025,000  (92%)

88 Indian Hill           1,095,000  (43%)

51 Warwick              1,170,000  (93%)

1426 Asbury            1,245,000  (89%)

130 Old Green Bay   1,422,500  (87%)

100 Church             1,450,000  (73%)

344 Locust              1,515,000  (76%)

1040 Oak               1,717,000  (94%)

400 Sheridan          1,800,000  (92%)

104 Longmeadow    2,000,000  (74%)

1090 Westmoor      2,250,000  (96%)

825 Glen Oak         3,240,000  (62%)

81 Locust               4,800,000  (74%)                                                       

Wilmette - 23 Sales!!   (26 sales in 2008)

3303 Wilmette          221,000  (70% of original asking price)

322 Romona            330,000  (95%)

3112 Cranston          375,000  (51%)

1925 Birchwood         380,000  (76%)

208 Wood                390,000  (87%)

2124 Schiller             450,000  (86%)

901 Yale                  467,500   (94%)

1614 Spencer           535,000  (82%)

514 8th                   592,000  (76%)

835 Linden              614,000   (78%)

610 4th                   630,000  (97%)  on market for 14 days

1514 Lake               695,000   (87%)

1744 Central            712,500  (81%)

510 Washington       760,000  (90%)

1733 Washington     815,000  (94%)

1214 Glendenning    850,000  (85%)

245 Greenleaf          975,000  (93%)

1738 Highland        1,075,000  (96%)

2634 Laurel            1,087,500  (95%)   on market for 8 days

715 Laurel             1,093,000  (91%)

221 Linden            1,215,000  (87%)

833 15th               1,450,000  (88%)

211 9th                 1,597,500  (95%)

Kenilworth - 1 Sale  (6 sales in June 2008)

713 Maclean          1,000,000  (93% of original asking price)

Glencoe -13 Sales - (20 sales in June 2008)

1030 Sheridan         565,000  (83% of original asking price)

550 Sunset             565,000  ((92%)

725 Apple Tree        615,000  (83%)

391 Adams             640,000  (92%)

477 Drexel              655,000  (90%)

500 Monroe             925,000  (95%)  on market for 5 days

141 Euclid             1,025,000  (71%)

235 Mary              1,300,000  (79%)

266 Hazel             1,390,000  (50%)

1085 Beinlich        1,500,000  (79%)

1025 Eastwood      2,350,000  (87%)

263 Hawthorn        2,725,000  (85%)

399 Grove             2,950,000  (100%)

10 Lakewood         3,350,000  (64%)

I've noted above several properties in particular where the percentage of sale price was very high and market time very low - the desirable result when a house is priced correctly.  I would go further and say that these houses were not only priced correctly, they were viewed as a very good bargain, the idea being that listing at or below market is the place to be. 

If you are a seller who is "testing the market" you'll never sell because you are not motivated to price low enough.  Although there are many factors that make a home sell quickly, I would argue that pricing properly gets the gold star.