Winnetka Real Estate Market Report January 2014

By
Real Estate Agent with Baird & Warner Real Estate

Winnetka IL had a wildly interesting January 2014 in terms of prices - three were well under $1 Winnetka IL Real Estate Report January 2014million and three were well over $2 million!

Our brutal winter weather has dampened buyers' spirits for going out and touring Winnetka homes for sale.  But this January still bests last January by one more home sold.

New listings are, however, coming on the market in force.  And some buyers must be impervious to the weather because several homes have sold fairly quickly.

It won't do any good to give an average or median price for January's sales since they are so wide spread.  However, the list to sell price ratio was 88%, lower than it had been for 2013.  And market time was averaged at 72 days, which still indicates a strong seller's market.

Three condos sold in Winnetka - at a great 97% of list price.  The market times were longer than homes, however, at 125 day average.

Current real estate homes for sale in Winnetka:

Homes for sale:  93

Lowest Price:  $484,000

Highest Price:  $9,400,000

Homes Under Contract (with contingencies) - 15

Pending Homes (no contingencies) - 18

 

 

Posted by

Margaret Goss - Winnetka and North Shore Real Estate Broker
Specializing in homes for sale in Winnetka, Wilmette, Kenilworth, Northfield, Glencoe, Glenview, Northbrook, and Evanston.

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Rainmaker
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Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

excellent market report to showcase to your sellers to the area as well as to buyers looking for a new home!

Feb 06, 2014 08:19 AM #1
Rainmaker
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Patty Da Silva, Davie, Southwest Ranches Cooper City, Plantation, Weston, REALTOR
BROKER of Green Realty Properties® - 954-667-7253 - Davie, FL
Top Listing Broker

Great statistics Margaret! I'm glad the market is doing great in Winnetka despite of the cold weather.

Feb 07, 2014 01:41 AM #2
Rainmaker
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John G. Johnston
John G. Johnston & Associates, LLC - Westcliffe, CO
An Exclusive Buyer's Agent ~ Westcliffe, CO

Margaret  Looks like your market is consistently improving.  I always like to see modest appreciation in a market.  That should motivate both buyers and sellers.  You know your market well.  Enjoy your day!

Feb 15, 2014 08:45 AM #3
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Margaret Goss

Chicago's North Shore & Winnetka Real Estate
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