Homes going under contract fast

In a declining real estate market, the average market time to sell a home typically increases. The days of placing a price tag on a home and getting multiple offers the next day are over, at least for now. But even in this challenging real estate climate, there are a few recent cases this month where a home on the North Shore has gone under contract in less than 15 days.

919-hill-winn919 Hill Rd – Winnetka – This six-bedroom mansion with a hefty price tag of $6,800,000 went under contract in 15 days.

 

 

222-woodbine-wilm222 Woodbine – Wilmette – This six-bedroom East Wilmette home priced at $1,050,000 went under contract in 10 days.

 

 

 

115-bertling-winn115 Bertling – Winnetka – This four-bedroom brick Georgian being sold as is for $819,000 went under contract in 14 days.

 

 

 

2222-colfax2222 Colfax – Evanston – This four-bedroom brick Colonial on Evanston’s famous Backlot is priced at $685,000 and went under contract in 4 days.

 

 

Today’s Closed Properties
400 Main #4C – Evanston – $195,000
4940 Jarvis – Skokie – $248,000
897 Elm – Winnetka – $509,400
619 Laurel – Wilmette – $900,000
Based on information from Midwest Real Estate Data for the period Jan. 27, 2009 through Jan. 28, 2009. Listing and solds by various Participants of MRED

For more real estate information, please call me at 847-512-2724 or email me at TPareti@rubloff.com

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