Real Estate Market Update for
60093 (Winnetka, IL)
Video: Real Estate Community Tour for 60093 (Winnetka, IL)
See Real estate community tour for 60093 (Winnetka, IL)
Welcome to September's Market Update. Let’s take a look at residential real-estate activity in your area during the month of September. The number of active listings was up 1% compared to one year earlier, and up 8% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 1.4-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 125%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 720-thousand dollars. The number of units sold increased 61% year-over-year, and decreased 7% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.