28 homes and 5 condos sold in Winnetka during the month of August - the last big push before school started.
For single-family homes the average sale price was $1,237,268. Market time averaged 204 days and the good news is that the list:price ratio was 91% - much better than a year ago. The least expensive house (and the 2nd) were both short sales and sold for $399,000 and $431,000. The high-end price for a Winnetka home in August was $2,475,000.
For condos and townhouses the average sale price was $447,250. Market time averaged 289 days and the list:price ratio was . . . oops 84%. The prices ranged from $290,000 up to $715,000.
Currently for sale in Winnetka:
Condos: 15 units priced from $205,000 to $699,000.
Single Family Homes: 125 homes priced from $287,000 to $15,975,000 for a lake front estate.
Now that the Labor Day Weekend is over, there will be a bump in sales activity through Thanksgiving, when the market flattens out for the remainder of the year.
If you would like more information on homes for sale in Winnetka, please call or text: 847-977-6024.