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Tuesday, November 26, 2024

Winnetka home prices fall in the third quarter of 2018

Realestate1

The median sale price of a home sold in the third quarter of 2018 in Winnetka fell by $16,250 while total sales decreased by 11.4%, according to BlockShopper.com.

From July through September of 2018, there were 78 homes sold, with a median sale price of $1,037,500 - a 1.5% decrease over the $1,053,750 median sale price for the same period of the previous year. There were 88 homes sold in Winnetka in the third quarter of 2017.

The median sales tax in Winnetka for the most recent year with available data, 2017, was $21,532.20, approximately 2.1% of the median home sale price for the third quarter of 2018.

The following table compares Winnetka to other Cook County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Golf110%$1,399,000$812,50072.2%
Hinsdale1316-18.8%$1,175,000$897,50030.9%
Barrington Hills880%$1,072,500$940,00014.1%
Winnetka7888-11.4%$1,037,500$1,053,750-1.5%
South Barrington1520-25%$810,000$773,5004.7%
Kenilworth1219-36.8%$809,500$1,235,000-34.5%
Glencoe645320.8%$757,000$866,000-12.6%
Equestrian Woods10-$705,000$0-
Wilmette125150-16.7%$650,000$602,5007.9%
Western Springs6470-8.6%$590,000$607,500-2.9%
Northfield3340-17.5%$572,500$535,0007%

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