We now have the Wilmette IL Real Estate April 2017 market report. The graph at the end of this blog will give you very complete information that goes back a year. For today we want to talk about the recent situation.
We are going to focus on a 30-day time frame that ended April 14 of 2017. A comparison of the same time of one year ago is the subject of what we want to get across. To see how the Wilmette IL Real Estate sales are doing as compared to one year ago.
For a broad look at all types of properties we have a 17.8% change in new listings. A huge 80% change in closed sales. We also have a 3% change in inventory.
Click Wilmette IL Houses for sale and Wilmette IL Condos for sale to see the latest inventory. This is very accurate and a direct connection to the Multiple Listing Service or (MLS).
This shows us how much in demand Wilmette is these days. People are really interested in this village. Wilmette IL is a wonderful place to raise a family and to live in general. Sandy beaches and a quiet and tree lined community. Cobble stone streets lead to comfortable living and people are finding out that this North Shore comunity is where they want to live.
New listings for single family homes in Wilmette IL are up 25%. Under contract houses are up by 52.8%. Closed sales are up 52.4%. The average sales price is up by .5% to $987,938. It is taking a little longer to close a sale, the average market time is up by 188.7%.
There are few condos in Wilmette IL. There is a new development in progress that will certainly be popular. New listings for condo sales are down by 11.1%. Under contract properties are up by 7.1%. The average sales price has remained the same as compared to last year at this time. The average market time before a contract is up by 209.1%.
Call us day or night at (800) 858-7917 and we will answer any questions you have about Wilmette IL real estate, the community and the schools or anything that you are curious about.
Check out our web site at Coldwell Banker Wilmette and you can take a look at properties or learn more about the village of Wilmette IL on your own.
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