Our Wilmette IL Real Estate May 2017 market report is available for viewing. We have seen so much in the way of sales that now inventory has cooled off. At least on a temporary basis that is.
Wilmette IL is such a desired community people always are interested in moving to this North Shore village so this is defiantly a temporary issue.
New listings for all types of properties are down by 7%. Closed sales are down 12.1%. The level of inventory is unchanged. That is a comparison of a 30-day period ending May 14th of 2017 Vs the sale time frame of last year.
If you want to browse on your own, click Wilmette IL houses for sale and Wilmette IL Condos for sale. This is a direct connection to the MLS, (Multiple Listing Service). You will get data that is updated on the fly and the most accurate source available.
Wilmette IL house sales are down 14.3% for new listings. Under contract houses are down 9.3%. Closed sales are down 8.3%. The average sales price is down 7.7% to $769,124. The Wilmette average market time for houses is down 7.2% to 103 days.
Wilmette IL does not have a big inventory of condominiums. There is a new condo development in the works and it is anticipated to be very popular. New listings of Wilmette Condos are up 66.7%. Under contract properties are down 50%. Closed sales are down 30%. The average sale price is down 22.4% to $324,071. Average market time before a sale is up 183.1% to 201 days.
If you are considering a move to Wilmette IL this may be a good time to think seriously about what is offered. You just may be able to get a great deal because of these stats. We would be happy to help you and go into why these figures are at these levels.
Please call us day or night if you have any questions about Wilmette IL and its Real Estate. We can be reached day or night at (800) 858-7917. Check out our site at Coldwell Banker Wilmette.