The Wilmette Real Estate report for March 2016 has just come in and
is very positive. The numbers
are really surprising and shows how
popular Wilmette IL real estate is these days. People really love Wilmette
and the Spring market is booming a little early. We are seeing a 33.8%
gain in new listings for all properties and a 31.6% gain in closed
sales. A good bit of information is that Wilmette has a 25.7% gain of
inventory of homes, that includes all types of property. People are
putting their homes on the market if they want to sell and they are
successful in selling them.Click
Wilmette Houses for sale and
Wilmette Condos for sale for the latest inventory direct from the Multiple Listing Service (MLS).
Taking
a look at single family homes. Wilmette has a 23.8% gain in new
listings and a 100% gain in under contract properties, last year at this
exact time there were 30 homes under contract, today that number is 60.
We see a 21.4% gain in closed sales of houses in Wilmette and the
average sales price is down 22.5% from $1,032,643 last year at this time
to a present figure of $800,541. Also average market time is up 36.6%
to 138 days on the market before a contract from last year's figure of
113 days.
Wilmette
does not have many condominiums but we have a 112% gain in new listings
this month and the stats for under contract is flat, 7 condos last year
and the same number at this time. There is a 60% gain in closed condo
sales and the average sales price is up 43.6% to $333,625 from last
year's $232,400. The average market time is down 31.6% to only 52 days
on the market from last year's 76 days.
If you have any questions please contact us at
Coldwell Banker Wilmette (800) 858-7917.
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