Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.
Winnetka IL Real Estate June 2019
WINNETKA HOME SALES for June 2019
26 homes closed in Winnetka in June which is 4 more than last month.
WINNETKA REAL ESTATE MARKET TODAY
Homes for sale: 167
Price range: $335,000 to 9,500,000
Under contract: 55
Absorption rate: 8.5 months (seller’s market)
Condos for sale: 13
Price range: $283,000 to $848,000
Median price range of homes for sale: $1,299,000
Average days on market for homes that sold in past 6 months: 177
Last June (2018) there were 38 homes sales in Winnetka compared to 26 this June. There has been a decided slowdown in home sales in the market in the past 12 months as indicated in this chart:
There is no shortage of inventory and sales are down . . . but the median price has risen from $1,100,000 last June to $1,300,000 this June. This does not mean home prices have risen that much - the sample is very small covering just one month and even using the median, the numbers are affected by the particular sales that occurred.
SEE ALL WINNETKA HOMES FOR SALE
Sign up to get monthly North Shore real estate news delivered to your inbox.
It’s free and we’ll never sell your info and you can opt-out at any time.
Enter email address at: North Shore Newsletter
To CONTACT Margaret ... more
Are you on The Rain? Grow Your Network!