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Wilmette IL Real Estate Market Action Report October 2012
Wilmette's September Property sales were 25, up 19.0% from 21 in September of 2011 and -57.6% lower than the 59 sales last month. September 2012 sales were at their highest level compared to September of 2011 and 2010. September YTD sales of 337 are running 24.4% ahead of last year's year-to-date sales of 271.
The Median Sales Price in September was $645,000, up 23.2% from $523,575 in September of 2011 and up 1.6% from $635,000 last month. The Average Sales Price in September was $758,780, up 15.8% from $655,099 in September of 2011 and up 10.6% from $686,178 last month. September 2012 ASP was at highest level compared to September of 2011 and 2010.
The Total Inventory of Properties available for sale as of September was 160, up 3.2% from 155 last month and down -29.8% from 228 in September of last year. September 2012 Inventory was at the lowest level compared to September of 2011 and 2010.
The September 2012 Months Supply of Inventory of 6.4 months was at its lowest level compared with September of 2011 and 2010. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers.
The ... more

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