Winnetka, Northfield, Wilmette, Kenilworth & Glencoe
Wilmette had a significant edge over the other villages in closed home sales for January 2011, and this is a trend I've been seeing for the past several months. Average market time is still very high indicating that the original list prices are still too high.
Good news in Glencoe as well - the 10 homes that sold there in January sold for 92% of list price and had the lowest average market time of 125 days.
Northfield's numbers are skewed as there were only 2 sales, but one was on the market for an incredible 1,097 days (or over 3 years!)
Wilmette
21 homes sold
Average List Price $801,447
Average Sold Price $710,453
List Price to Sell Price Ratio: 89%
Average Days on Market: 182
Winnetka
6 homes sold
Average List Price $1,291,916
Average Sold Price: $989,154
List Price to Sell Price Ratio: 77%
Average Days on Market: 236
Kenilworth
1 home sold
List Price: $1,444,299
Sold Price: $1,120,000
Ratio: 78%
Days on Market: 255
Glencoe
10 homes sold
Average List Price $1,337,665
Average Sold Price $1,233,170
List Price to Sell Price Ratio: 92%
Average Days on Market: 125
Northfield
2 sold homes
Average List Price $493,500
Average Sold Price $360,000
List Price to Sell Price Ratio: 73%
Average Days on Market: 679
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