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Winnetka IL Real Estate Market Action Report July 2015
By Art Wilson, Realtor
Winnetka's June Property sales were 39, up 44.4% from 27 inJune of 2014 and 62.5% higher than the 24 sales last month. June 2015 saleswere at a mid level compared to June of 2014 and 2013. June YTD sales of 125are running 19.0% ahead of last year's year-to-date sales of 105.
The Median SalesPrice in June was $1,253,500, down -3.6% from $1,300,000 in June of 2014 and up12.5% from $1,114,000 last month. The Average Sales Price in June was$1,416,038, up 10.0% from $1,286,750 in June of 2014 and down -5.6% from$1,499,750 last month. June 2015 ASP was at highest level compared to June of2014 and 2013.
The Total Inventory of Properties available for sale as ofJune was 189, equal to 189 last month and up 13.2% from 167 in June of lastyear. June 2015 Inventory was at highest level compared to June of 2014 and2013.
The June 2015 Months Supply of Inventory of 4.8 months wasat a mid range compared with June of 2014 and 2013. A comparatively lower MSIis more beneficial for sellers while a higher MSI is better for buyers.
The average Days On Market (DOM) is how many days theaverage Property is on the Market ... more
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