Wilmette IL Real Estate As of May 2016

The Wilmette IL Real Estate scene is really active as we see the market report for the month of April of 2016 as compared to 2015. Wilmette IL has a 55.3% change in closed sales of all property types

and a 11.7% change in inventory of homes and condos. The Spring Real Estate market really went into full swing this month. To break it down further we have 7% less new listing of single family homes, 93 in April of 2016 and exactly 100 last year at this time. Under contract house sales are 15.1% less this month with 45 homes going under contract, April of 2015 had 53 properties. Closed sales for the month are up 63.3% at 49 properties, April of 2015 saw 30. The average sales price for a single family home in Wilmette is up 3.4% this month to $845,942 from $818,417. Interestingly the average market time is up 59.2% to 113 days from 163 days in April of 2015.

The condominium scene in Wilmette is small. There just is not many properties available. New listings are up 12.5% with 9 condos coming on in April of 2016 as compared to 8 in the same time frame last year. Under Contract condos are up 10% from 10 last April to 11 this month. Closed sales are up 25% with 10 condo sales completed in April of 2016 and only 8 last year in April. The average market time is down 57.2 days 71 days, last April the number was 166 days. What a big change as compared to homes sales. The average sales price for a condo is up 25.9% from $331,625 in April of 2015 to $417,600 this April.

If you want to see the latest inventory click Wilmette IL Homes for sale and if you are interested on Condos, Wilmette IL Condos for sale. This is a direct connection to the Multiple Listing Service (MLS) and updated on the fly.

If you want to learn about the Wilmette IL Schools click the link and access school district 39. The high school is New Trier East one of the best in the country.
If you have any questions about Wilmette IL Real Estate or the community in general please feel free to contact us at Coldwell Banker Wilmette.

Understanding your Expectations and Exceeding them

Coldwell Banker Wilmette

(800) 858-7917