We now have the Wilmette IL Real Estate December 2016 market report. Wilmette has an 18.2% change in new listings of all types of properties. There is a 3.7% decline in closed sales of all types of properties as compared with the same period last year. Wilmette shows a 9.4% gain in inventory of all types of homes.
Wilmette IL Real Estate continuities to be in huge demand and is a wonderful village to raise a family. The schools are great and there is so many activities available.
Comparing a 30 day period of 2016 to 2015 that ends December 14 we have a 3.6% gain in new listings for single family homes. Closed sales are up 4.3% but the average sales price is down 8.1% to $850,912 from $925,826. The average market time has gone down 10.3% to 105 days on the market as compared with last year's 129 days.
Wilmette does not have many condominiums yet there is a 100% gain in new listings with 10 on the market this month. Last year at this time it was only 5. Under contract condos are down 4.9% to 4 Vs 7 last year during the same time frame. The average sales price for a Wilmette IL Condo is up 9.4% to$401,000 from $366,500 last year at this time. The average market time is down 68.2% to only 91 days. Last year it was at 286 days this is a big change.
If you have any questions about Wilmette IL and the Real Estate situation, please call us day of night at (800) 858-7917 of check out our site at Coldwell Banker Wilmette.
We love to help first time buyers or the experienced home owner. Coldwell Banker Wilmette has a full set of resources to help you with attorneys, home inspectors or any improvements you may want to consider in purchasing a home. Just ask us anything on your mind and we will help you.