WINNETKA, IL — The coronavirus pandemic has not slowed the village’s luxury real estate market in the first three quarters of the year. If anything, it has accelerated it.
There were no sales in the whole of 2019 breaking the $5 million mark in Winnetka. But so far in 2020, three single-family residential properties in the village have sold for more than $5 million, including the most expensive suburban home sale of the year to date, according to real estate listings and property records.
The median sale price for single-family homes in Winnetka was $1.28 million in August, compared to a median list price of $1.349 million, according to realtor.com market data.
Asking prices in the village were up 4.2 percent above a year prior, with the median price at $331 per square foot. Listed properties sold for an average of 4.5 percent below their asking prices after spending an