We are reporting on Wilmette IL Real Estate October 2017 today. This is an overview that covers a 30-period ending October 14 or 2017. We want to compare this to the same time of 2016.
By taking a look at these figures you will get a feel for Wilmette IL Real Estate and what are the trends. If you go to the end of our blog, there is an even more in-depth report to help you research. We hope you like this.
Looking at the complete picture, all types of property shows a 22.2% drop in new listings. Also, a 32.6% drop in closed sales. Wilmette has a negative 19.2% change in inventory. This is a great opportunity for people shopping to purchase a home or condo.
Breaking it down to Wilmette single homes shows us a 22.6% drop in new listings this month. Under contract houses are down 38.5%. Closed sales are down by 34.3%. The average sales price is currently $771,500 which is up 1.8%. Average market time is 155 days, a drop of 14.8%.
There are few condominiums in Wilmette. New listings are down by 20%. Under contract condos are up by 20%. Closed sales are down by 25%. The average sales price is $266,667. That is a drop of 28.4%. The average market time is 72 days. That figure is close to flat or down .6%.
If you would like this explained to you please let us know. We are the Real Estate Brokerage of Coldwell Banker Wilmette. We can be reached at (800) 858-7917. There is an on-call Realtor available day or night to help you.
Wilmette IL Real Estate October 2017
When the time comes to purchase a home, or sell a home we can help. If you want to see property, name your available time and we will make it work. When it comes time to sell your Wilmette home ask us to provide a market analysis and you will know what your house or condo is worth.
Coldwell Banker Wilmette is our web site or dial (800) 858-7917.