47 homes and 11 condos sold in Wilmette during the month of August - the last big push before school started.
For single-family homes the average sale price was $770,425. Market time averaged a fantastic 77 days and the good news is that the list:price ratio was 93% - much better than a year ago and 2% better than Winnetka. The least expensive house in Wilmette sold for $280,000 and the high-end price was $1,550,000.
For condos and townhouses the average sale price was $254,727. Market time again averaged 77 days and the list:price ratio was 87%. The prices ranged from $80,000 for a foreclosure up to $419,000.
Currently for sale in Wilmette:
Condos: 59 units priced from $72,900 to $1,240,000 for a unit just listed today at 1618 Sheridan.
Single Family Homes: 93 homes priced from $245,000 to $3,900,000 for a lake front estate.
Now that the Labor Day Weekend is over, there will be a bump in sales activity through Thanksgiving, when the market flattens out for the remainder of the year.
If you would like more information on homes for sale in Wilmette, please call or text: 847-977-6024.
Related Posts:
Winnetka Market Report August 2012
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