Winnetka IL Home Sales in October 2018

By
Real Estate Agent with Baird & Warner Real Estate

WINNETKA HOME SALES for October 2018

 

16 homes closed in Winnetka in October, slightly less than last October when 19 homes closed. The most positive thing to see (in the stats below) is that the absorption rate in Winnetka is 6 months. This means that if no new inventory came on the market, a home would take six months to sell.

 

This might seem impossible because of the prevailing belief that there is a lot of inventory - but the math doesn’t lie. The Winnetka real estate market would now be considered on the high side of normal, trending toward a buyer’s market, but just barely.

 

 

Winnetka Real Estate Market ChartWinnetka Real Estate chart



WINNETKA REAL ESTATE MARKET TODAY

 

Homes for sale: 119

Price range: $475,000 to $9,999,999

Under contract: 39

Absorption rate: 6 months

Condos for sale: 8

Price range: $279,000 to $679,000

 

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.

Looking for a knowledgeable Illinois Realtor?  Google me! 
 

Margaret Goss Facebook Margaret Goss TwitterMargaret Goss LinkedInMargaret Goss Pinterest

 

 Chicago North Shore Communities Map:

 

 
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Illinois Cook County Winnetka
Groups:
Chicago Area Real Estate BUZZ!
Chicagoland and Northern Illinois Real Estate
Local Expert
Market Reports
Midwest Rainers
Tags:
winnetka nov 18 market report

Spam prevention
Show All Comments
Rainmaker
526,775
Francine Viola
Coldwell Banker Evergreen Olympic Realty, Olympia WA - Olympia, WA
REALTOR®, In Tune with your Real Estate Needs

That is really interesting to see your market nearing a buyer's market. I love to read what is happening in other parts of the country - thanks for sharing!

Nov 05, 2018 11:06 AM #1
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,090,850

Margaret Goss

Chicago's North Shore & Winnetka Real Estate
Have a Question About the Chicago North Shore?
*
*
*
*
Spam prevention

Additional Information