Real Estate Market Update – January 2021 – Winnetka IL 60093
Seller’s Market – The Winnetka Illinois $500,000 to $2,000,000 price range remains a seller’s market which is unchanged from last month and the same time last year. This Winnetka Illinois price category went into January 2021 and ended 2020 with 1/6 moth’s of inventory to sell which is down over 50% compared to December 2019. At the end of December 2020 there were are 5 pending sales which is a 25% increase or 1 more home from last year at this time. At the end of 2020 in Winnetka, there were 54 homes on the market which had active listings. (48 single family and 6 condos) As far as closed listings for the month of December 2019 vs 2020, 2020 continues to outperform in all areas. Winnetka saw 8 more homes close in Dec. 2020 vs Dec 2019 which is a increase of 47% and close vloume was up 92% which resulted in $15 Million more of closed sales in for the month of December in 2020 vs 2019. Average Sales prices were also up considerably to nearly 31% which is an increase of nearly $300,000 in the average Winnetka’s home asking price over the same time in December 2019.
Read the full report here
Call or contact me to if you have any real estate related questions, I am always happy to help you.
Tara Lubin Jameson Sotheby’s International Realty
Realtor – Chicago & North Shore Suburban Chicago, Evanston, Wilmette, Winnetka, IL and beyond
312.278.3473 | [email protected]