Wilmette had an interesting half-year of sales in 2014. Despite the common view that inventory was low,
Wilmette had more home sales this year than 2013, which was not the case in Winnetka.
Wilmette Real Estate Market Report Jan-June 2014 (2013 numbers in red)
Total homes sold: 183 (175)
Average list price: $850,000 ($770,000)
Average sold price: $818,000 ($745,000)
Average list to sell price ratio: 96% (97%) (both numbers based on final list price after reductions)
Average days on market: 60 (63)
Home prices rose by 9% in Wilmette, much more modestly than in Winnetka where prices climbed by 25%.
Of the total 183 home sales, 7 were foreclosures and 4 were short sales. Although we are seeing fewer distressed home sales in the country, these numbers were slightly higher than last year (6 foreclosures/3 short sales)
Current Wilmette Real Estate Market
Homes for sale: 102
Low price: $339,000
High price: $4,500,000
Homes under contract: 59
Homes pending: 31 (all contingencies have been cleared.)
View all Wilmette homes for sale
Real estate transactions are complicated. For professional representation whether you are selling your Winnetka or Northfield home, or are planning to move here, please call me today 847-977-6024
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