Home Prices in Winnetka IL for August 2018

By
Real Estate Agent with Baird & Warner Real Estate

Home Prices in Winnetka IL for August 2018

 

Winnetka has seen eight months (from January 1, 2018) of up-and-down prices for sold homes. Each month has been different - sometimes vastly - particularly when using the average vs. the median price. Winnetka and other North Shore villages have a varied housing stock and big swings in list prices from well below $1 million to over $10 million.



Winnetka IL Real Estate

 

If you are considering buying a home, having a good real estate agent who understands the market is a must. If you will be making an offer, be sure to have your agent prepare a thorough market analysis of the Winnetka market.

 

If you would like to see current inventory of for sale homes in Winnetka, click the link.

Currently, the Winnetka real estate market has a median time of 144 days before homes sell. This would suggest that buyers are in a good position to make an aggressive offer on a home. A balanced market is typically 5-7 months and the absorption rate (shown below) shows that we are at the top of that range.



Winnetka Real Estate Summary

Homes for sale:  138

Price range:  $575,000 to $9,900,000

Under contract homes: 39

Absorption rate: 7 months

Condos for sale: 7

Price range: $275,000 to $869,000

 

 

 

 

See all WINNETKA homes for sale

 

 

To CONTACT Margaret Goss, please call 847-977-6024 or email:  margaret.goss@bairdwarner.com

Margaret Goss is a full-time real estate agent since 1998 servicing the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston.  See full BIO for Margaret Goss.

 

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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Chicago's North Shore & Winnetka Real Estate
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