Is Winnetka, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Winnetka has remained a Seller's Market.
Housing Prices in Winnetka, CA
How much do homes in Winnetka, CA cost?
Median Sold Price
$803,333
$504/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Winnetka was $803,333 in March 2024, up 0.8% from last year, and the median price per square foot was $504.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $344K | $345K | 0.3% |
2 Bedrooms | $480K | $485K | +1.0% |
3 Bedrooms | $785K | $780K | -0.6% |
4 Bedrooms | $875K | $880K | +0.6% |
5+ Bedrooms | $930K | $1.0M | +8.6% |
Summary: Winnetka housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes increased by 1%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Neighborhoods
Chatsworth | $925K | $990K | +7.0% |
Reseda | $755K | $767.5K | +1.7% |
Winnetka | $797K | $803.3K | +0.8% |
Housing Supply in Winnetka, CA
How many homes are available in Winnetka, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
91 | 76 | -16.5% |
Summary: The Winnetka real estate market had 76 homes for sale in March 2024, a 16.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 11 | 9 | -18.2% |
3 Bedrooms | 41 | 32 | -22.0% |
4 Bedrooms | 28 | 22 | -21.4% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Winnetka housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 22%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 27 | -27.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Winnetka in March 2024, down by 27.0% month-over-month. Of the 27 sold homes, 26% were sold under asking, 7% were sold at asking, and 67% were sold over asking.
Days on Market for Winnetka, CA
How long does it take to sell a home in Winnetka, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 26 Days | -23.9% |
Summary: Homes in Winnetka had an average of 26 days on market in Mar 2024, down by 23.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in Winnetka; 63% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.