Wilmette IL Real Estate November 2017 reporting is out. The holiday season and a very busy 2017 buying and selling season has caused numbers to back off. Our conversation relates to a comparison of a 30-day period ending November 14 of 2017 as to the same time frame last year.
Wilmette IL Real Estate has been extremely popular. This fine village located on the banks of Lake Michigan is a great place to call home. The schools are top-notch. Kids attend New Trier High School which is considered one of the best educations in the country.
Overall the change in new listings for all types of properties are down by 38.5%. Also noted is a 44.4% slip in closed sales. Wilmette Il has 22.7% less change in inventory.
Look at this as a great buying opportunity. Chances are that as a buyer there will be multiple offers on a property. There is a positive side to this situation.
Breaking it down, Wilmette IL Houses show a 30.8% drop this month in new listings. Under contract properties are down by 15.4%. The Average sales price is up 6.1% to $889,429. Average market time is up 26.9% to 156 days.
Wilmette IL Condos for sale are down by 61.5%. There are not many condominiums in town anyway. Under contract properties are up by 40%. Closed sales are down 50%. The average sales price for a Wilmette IL condo is down 16.9% to $303,750. Average market time is up 181.8% to 155 days.
Wilmette IL Real Estate November 2017
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