Winnetka and Northfield Homes for Sale
Market Snapshot
Inventory in Winnetka is higher than in previous years, but sales are holding fairly steady. In fact, the total number of sold homes year-over-year since 2007 has been remarkably similar, the big differential is the price. More homes are coming on the market that are priced well and have motivated sellers - most but not all! It's important to hire a buyer's agent who is local and knowledgeable about the market to represent you and help you determine what is best for you.
This chart illustrates the current status as of November 15, 2011 of homes for sale in Winnetka and Northfield:
Under contract and pending are slightly different: under contract means that a buyer has put in an offer but there is still a contingency period which typically includes holding an inspection and having an attorney review the contract. The buyer can still easily cancel the contract at this point and recoup their deposit. Pending is the stage after the inspection where the contract have been approved and the buyer has delivered the balance of the earnest money as specified in the contract. It is less likely, but not impossible, for the buyer to cancel the contract at this time.
Call me for more information on Winnetka or Northfield - I'm here to help answer any questions you have about the communities, schools, activities, and of course, homes for sale.
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