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What are the Current Real Estate Conditions in Wilmette?

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Real Estate Agent with @Properties

Wilmette is ever popular - large enough to have a wide range of housing prices yet a small-town feel. Great schools, park district, transportation, and a thriving downtown make it a draw for people everywhere.

If you live here now, or plan to move to Wilmette in the future, familiarize yourself with the current real estate statistics:

 

Median sale price of a single-family home has flattened out since March 2016:

 

 

The Wilmette condo market median price has been steady for a while, but it just starting to dip slightly:

 

 

Average market time has been rising since May of 2015 and is starting to decrease:

 

 

 

The absorption rate - or month's supply of inventory - has been steady since January 2016.  With an average of 5 months, the Wilmette real estate market would be considered a "balanced" market with equal numbers of buyers and sellers:

 

 

Current real estate data for Wilmette IL as of March 31, 2017

Homes for sale:  165

Price range:  $299,900 to $$9,900,000

Under contract/pending:  100

See all homes for sale in Wilmette

See all condos for sale in Wilmette

 

 

Ready to make a move to Wilmette or need additional information.  Buying or selling - let's talk!

To CONTACT Margaret Goss, please call 847-977-6024 or email:  margaret.goss@bairdwarner.com

Margaret Goss is a full-time real estate agent since 1998 servicing the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston.  See full BIO for Margaret Goss.

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Winnetka and North Shore Real Estate Broker
Specializing in homes for sale in Winnetka, Wilmette, Kenilworth, Northfield, Glencoe, Glenview, Northbrook, and Evanston.

Comments(1)

Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Margaret

You've shared an informative and easy to understand update on the housing market conditions in Wilmette which will be useful to both buyers and sellers. It's obvious you are the one to help buyers and sellers better understand what's going on and how this impacts their housing decisions.

Have a great weekend!

Jeff

Mar 31, 2017 10:56 AM