Winnetka IL Real Estate February 2019

By
Real Estate Agent with Baird & Warner Real Estate

WINNETKA REAL ESTATE REPORT - FEBRUARY 2019

 

7 homes closed in February 2019 in WINNETKA compared to exactly 7 closes in January a year ago.

The median price for homes sold year-to-date this year is $968,000 compared to last year when it was $1,300,000.



SOLD HOMES  - JANUARY 2019 - WINNETKA





CURRENT SNAPSHOT OF WINNETKA REAL ESTATE

 

Homes for sale: 146 (up 2 from last month)

Price range: $390,000 to $6,245,000

Under contract: 43

Absorption rate: 7 ¼ months

List price to sell price ratio: 93%

February 6 jumbo loan interest rate: 4.125%

February 6 conventional loan interest rate: 4.375%

Foreclosures for sale: 2

 

The absorption rate at 7 ¼  months is trending toward a buyer’s market. This figure indicates the number of months it would take all Winnetka inventory to sell without any new homes coming on the market.




SEE ALL WINNETKA HOMES FOR SALE

 

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Margaret Goss is a full-time real estate broker since 1998 working in the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston.

She can be reached at:

Phone:  847-977-6024

Email:  margaret.goss@bairdwarner.com

See her full BIOGRAPHY




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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