Special offer

Wilmette IL Real Estate December 2015

By
Real Estate Agent with Coldwell Banker 475.140531

This is the Wilmette IL Real Estate report for December 2015. Compared with some of the other Wilmette ILcommunities Wilmette IL has really great stats even in the holiday season. The change in new listings for all properties is up 10.3% for the period as compared with one year ago and we have 17.4% more closed sales in all types of properties plus a 22% gain in inventory of homes. Pretty surprising but Wilmette is one of the favorite North Shore suburbs.

To break it down further, for single family homes during this period as compared to 2014 we have a 35% gain in new listing for single family homes, a whopping 90.9% gain in under contract listing of single family homes and 15% more closed sale of houses. An interesting figure is that we have a 8.9% loss in the average sales price for homes in Wilmette. We went from $1,016,100 to $925,826 in December of 2015 vs the same time last year folks.

Click Wilmette Homes for a direct link to the latest property listings.

Wilmette IL Google Map

To look at the condominium sales for this period we have 44.4% less new listings of condos, a 133.3% gain in under contract listings of condos and a 33.3% gain in closed sales for condos in Wilmette. The average sales price for Wilmette condos in this period as compared to last year is up 169.2%. I want to note that there are not many condo sales in Wilmette so the figures are not based on huge numbers. There just are not many condos or town homes in Wilmette IL. That will change soon.

Wilmette with its cobblestone, tree lines streets is known as a bedroom community and one of the best places to live. I hung out there as a teenager and have fond memories. With Gilson park beach and the New Trier school system making Wilmette a sought after community to raise a family.

If you have any questions, give us a call at Coldwell Banker Wilmette and we can answer any question you might have about the community and the buying or selling process. Give us a call (800) 858-7917.

Wilmette IL Market Report December 2015

Comments (11)

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Anyone thinking of buying  a home in Wilmette should call you.

Dec 22, 2015 07:53 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Noah.  Thanks for the excellent report for the Wilmette IL real estate market.

Dec 22, 2015 07:57 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Nice going with your Wilmette IL Real Estate report Noah. You are the Realtor to call for this and the surrounded areas!

Dec 22, 2015 08:15 PM
Roy Kelley
Retired - Gaithersburg, MD

This is good information to share with prospective home sellers and home buyers.

Dec 22, 2015 08:22 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Noah Seidenberg,

It sounds like Wilmette IL real estate market is still perking along doing well!! Excellent market report which I'm sure will attract the attention of home sellers and home buyers!

Dec 22, 2015 08:36 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

it is always good to read that the market is picking up. I hope it continues into 2016 across the US.   Merry Christmas

Dec 22, 2015 10:17 PM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By Real - Alexandria, VA
Alexandria Virginia Homes For Sale

Noah, the Wilmette IL real estate market is doing well. Even with a slight decrease in median sale price for detached single family homes the numbers are still strong. I know you had many of these sales and you are the agent to contact in Wilmette and the Evanston area for the best representation.

Dec 22, 2015 10:30 PM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Noah. Wilmette is such a great community. Enjoy your day

Dec 22, 2015 10:37 PM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Noah - It looks like Wilmette is getting the jump on 2016 - those stats are great news for both buyers and sellers.

Dec 23, 2015 12:41 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Noah...it really sounds like the Wilmette market is doing great. This is wonderful real estate information that I'm sure the local sellers and buyers will appreciate. 

Dec 23, 2015 03:51 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Noah -- some interesting statistics for the Wilmette IL real estate market. This information along with your local insight will be quite useful for buyers and sellers alike.   

Dec 23, 2015 11:38 PM