Does It Seem Like The Whole Town Is For Sale?
By Howard and Susan Meyers
(The Hudson Company Winnetka and North Shore)
Today someone asked me how many homes are on the market in Winnetka. Being a stats junkie, (try not to snore) I usually have a pretty good idea of the number of single family homes for sale in Winnetka. Then she mentioned that it seem as though 20% of the existing single family homes are for sale. We talked about the large number of “For Sale” signs peppering every block, but knowing that typically, 5% of homes turn over in any community in a year, 20% seemed over the top. I turned to the 2000 Census data to try to find the total number of single and multifamily structures in Winnetka. Well, in 2000, there were 3709 single family dwellings and 592 attached homes, i.e. condos, apartments, townhomes. With 206 active single family homes currently for sale and 54 “under contract”...
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