The Wilmette IL Real Estate report for April is out and the stats are a bit lower than last year at this
time. 2015
was a booming market but at this time we have 13.5% less new listings
of all types of property, this includes single family homes as well as
condos. This reporting period shows 17.2% less closed sales and a 22.4%
gain in inventory of all types of property. New property listings for
single family homes are down 18.2% from 88 last year at this time to 72
this month. Closed sales are down in March from 24 single family homes
in Wilmette to 20 houses that is 16.7 less and the average sales price
for a home in Wilmette IL is down 21.3% to $960,600 from $1,219,841 a
year ago. A great home buying opportunity to move to wonderful Wilmette
IL is available at this time. The average market time until a sale is
down 5% from 60 days last year to only 57 days in March.
Wilmette
does not have very many condominiums so the numbers are lower as
compared to single family homes. New listing of condos are up 12.5% from
16 in March of 2015 to 18 in March of this year. The number of under
contract condos is exactly the same at 14 in the last month and the
average sales price has not changed much from $347,000 last year to the
present price of $347,875.
Take a look at the local inventory by clicking
Wilmette houses for sale and
Wilmette Condos for sale. This data is directly from the Multiple Listing Service (MLS) and updated on the fly.
Wilmette
is one of the most popular villages on Chicago's North Shore and a
great place to raise a family. Part of the New Trier school district so
children will have the best education available. Wilmette has excellent
public transportation via the Metra and "EL" trains and a trip to down
town Chicago is under 30 minutes.
If you have any questions, feel free to contact is at
Coldwell Banker Wilmette (800) 858-7917
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