Saturday, June 25, 2016

Wilmette IL Real Estate Market Update June 2016

The Wilmette IL Real Estate scene continues to be extremely active and shows no signs of backing down. It is a great opportunity for both home buyers and sellers at this point and today we will
Wilmette IL Real Estate
discuss the stats. Viewing the complete market we have a 9.8% gain in new listings of all types of properties, that is condos, single family houses and town homes. Wilmette IL Real Estate has a 20.8% gain in closed sales for this period which is the last month and through June 14th. We have a 7.5% gain in the change of inventory. Wilmette IL is a very popular community to live in and raise a family.

Taking a look at the Wilmette Il Real Estate scene for single family homes, we have a 10.6% gain in new listings this month with 82 homes entering the market and last year at this time, last year it was 74 homes. Wilmette has a 2.7% gain in under contract homes and a 33.3% gain in closed sales this month with 48 single family homes closed in Wilmette Vs 36 last year this same month. The average sales price for a home has gone up 15.5% to $877,639 and last year during the same time frame it was $759,764. Homes in Wilmette are selling at 96.1% of their original asking price.

If you are interested in viewing property, click Wilmette Homes and Wilmette Condos. This is live and up to date information, you cannot get a more accurate view and direct from the MLS (Multiple Listing Service).
Wilmette IL

There are few condominiums in Wilmette IL and the new listings are up 5.6% with 19 properties entering the market in this time frame. The figure for under contract during this month is flat, there were 9 condos going under contract this month as well as for the same time last year. Closed sales are down 16.7% to 10 in this month vs 12 last year at the same time. Interestingly the average sales price for condos has gone down 26.7% from last year's $374,042 to $274,150. The average market time for a condo in Wilmette is down 24.4% to 68 days from last year's 90 days so condos are selling quickly.
If you want more information on Wilmette, the Real Estate or have any questions please let us know.
Understanding your Expectations and Exceeding them
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