September Market Report - Home Sales for Winnetka, Wilmette, Kenilworth and Glencoe

September 2010 Market Report - Home Sales for Winnetka, Wilmette, Kenilworth and Glencoe

Winnetka - 11 home sales                                 

Average List Price:  $1,513,636
Average Sale Price: $1,293,636
List Price to Sell Price Ratio:  85%
Average Market Time:  144 days

Wilmette - 12 home sales

Average List Price:  $993,325
Average Sale Price:  $872,688
List Price to Sell Price Ratio:  88%
Average Market Time:  139 days

Kenilworth - 1 home sale

List Price:  $2,695,000
Sale Price:  $2,165,000
List Price to Sell Price Ratio:  80%
Market Time:  122 days

Glencoe - 5 home sales

Average List Price:  $1,357,958
Average Sale Price:  $1,036,800
List Price to Sell Price Ratio:  76%
Average Market Time:  252 days

Northfield - 4 home sales

Average List Price:  $797,125
Average Sale Price:  $613,375
List Price to Sell Price Ratio:  77%
Average Market Time:  386 days

September home sales were down from August (except for Northfield which remained the same)
Winnetka - 31 home sales
Wilmette - 31 home sales
Kenilworth - 1 home sale
Glencoe - 11 home sales
Northfield - 4 home sales

Sales will continue to be steady through Thanksgiving when the holiday season starts and priorities change. 

Interest rates are at incredible lows - when they begin to rise, the savings of lower-priced homes will be negated.  Please call me for more information about homes in Winnetka, Wilmette, Kenilworth, Glencoe or Northfield.  There are some very attractively priced homes with motivated sellers - a little competition for them.