The Wilmette IL Real Estate February 2016 is now available. Wilmette IL is really very popular and the numbers are surprising. There is a 56.6% gain in new listings of all types of property for this time frame Vs the same period last year. We have 58.8% more closed sales and 33.6% change of inventory for all homes, that is condos and houses. To break it down further, January shows a 76.9% gain in new listings for single family homes in Wilmette IL, an 86.7% gain in under contract homes, 100% more closed sales and the average market time for single family homes has gone down 28.6% from 154 days to 110 days until a sale. The single family average sales price is up 34.6% to $834,784 from $619,989.
The Wilmette IL Real Estate inventory is low on condos but there are more being constructed. The number of new listings of condominiums is the same this month as for the same time last year, we have 14 new listings. The Wilmette condo market has a 33.3% gain in under contract properties and interestingly the average sales price is down 19.3% from $322,917 last year to the present average price of $260,580.
If you want to see for yourself, click Wilmette IL Homes and you will be directly connected to the multiple listing service (MLS). This data is updated on the fly and very accurate. You can also click Wilmette Condos for sale to get a feel for the present market.
Wilmette IL is a great community with so much to offer. People love living in this bedroom community on the shores of Lake Michigan. The schools are excellent, New Trier is the High School. The elementary and middle schools are very highly rated. If you have any questions about Wilmette, its real estate, schools or anything you are interested in, please call us at Coldwell Banker Wilmette. (800) 858-7917