Wilmette IL Real Estate December 2017. Wilmette is having a very busy December and quite a bit more action than last year at this time. This report is a focus on a 30-day time frame ending December 14th, 2017. We are comparing that to the same time in 2016.
People love the Village of Wilmette. The tree lined, and cobblestone streets make for a fine community. The schools are excellent and offers Gilson Park Beach and its sprawling lake front.
Overall, we see a drop of 30.8% in new listings of all types of property. Wilmette has a gain of 34.6% in closed sales. There is also 28.8% less change in inventory of all types of property.
This is a good example of a seller market. There is a need for homes in Wilmette IL. The Spring market starts in February after the football season is over. People laugh when I mention this, but it is true.
Looking at Wilmette IL houses shows a drop of 44.8%. Under contract homes are up by 13.3%. Closed sales are at the same rate as last year. The average sales prices for a home in Wilmette IL is up by 28.7% to $1,095,367. The average market time is up by 56.2% to 164 days.
Wilmette IL Real Estate December 2017
There are few condos in Wilmette IL. New listings are up by 10%. Under contract properties are up by 125%. Closed sales are up 450%. The average sales price for a Wilmette IL condo is down by 27.9% to $289,273. Average market time is down by 1.1% to 90 days.
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