Altos Market Data for Realtors

Winnetka, IL

Single-Family Homes

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Winnetka, IL

Tue May 30 2023
This week the median list price for Winnetka, IL is $2,549,000 with the market action index hovering around 46. This is less than last month's market action index of 50. Inventory has increased to 35. Click here to stay informed with the Winnetka market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Winnetka, IL

Tue May 30 2023
This week the median list price for Winnetka, IL is $2,549,000 with the market action index hovering around 46. This is less than last month's market action index of 50. Inventory has increased to 35. Click here to stay informed with the Winnetka market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Winnetka market.
Median List Price $2,549,000
Median Price of New Listings $1,995,000
Per Square Foot $444
Average Days on Market 88
Median Days on Market 49
Price Decreased 31%
Price Increased 0%
Relisted 23%
Inventory 35
Median Rent
Market Action 46
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$5,237,000 9,272 1 - 2.5 acres 6 7.5 51 3 1 87
$2,850,000 6,760 0.5 - 1 acre 6 6 66 1 0 70
$1,899,900 4,311 0.25 - 0.5 acre 5 4.5 69 1 1 63
$1,050,000 3,200 8,000 - 10,000 sqft 4 3 103 4 0 14