Wilmette IL Real Estate December 2016

By
Real Estate Agent with Coldwell Banker 475.140531
https://activerain.com/droplet/4Yyy

We now have the Wilmette IL Real Estate December 2016 market report. Wilmette has an 18.2% change in new listings of all types of properties. There is a 3.7% decline in closed sales of all types of properties as Wilmette 3 bedroom housecompared with the same period last year. Wilmette shows a 9.4% gain in inventory of all types of homes.

Wilmette IL Real Estate continuities to be in huge demand and is a wonderful village to raise a family. The schools are great and there is so many activities available.

Click Wilmette Houses for sale and Wilmette Condos for sale to see the latest inventory.

Comparing a 30 day period of 2016 to 2015 that ends December 14 we have a 3.6% gain in new listings for single family homes. Closed sales are up 4.3% but the average sales price is down 8.1% to $850,912 from $925,826. The average market time has gone down 10.3% to 105 days on the market as compared with last year's 129 days.

Wilmette IL Google Map

Wilmette does not have many condominiums yet there is a 100% gain in new listings with 10 on the market this month. Last year at this time it was only 5. Under contract condos are down 4.9% to 4 Vs 7 last year during the same time frame. The average sales price for a Wilmette IL Condo is up 9.4% to$401,000 from $366,500 last year at this time. The average market time is down 68.2% to only 91 days. Last year it was at 286 days this is a big change.

If you have any questions about Wilmette IL and the Real Estate situation, please call us day of night at (800) 858-7917 of check out our site at Coldwell Banker Wilmette.

We love to help first time buyers or the experienced home owner. Coldwell Banker Wilmette has a full set of resources to help you with attorneys, home inspectors or any improvements you may want to consider in purchasing a home. Just ask us anything on your mind and we will help you.

Wilmette IL Real Estate December 2016

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Ambassador
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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Noah - That's an excellent market report. The Wilmette real estate market appears to be a complex one, and both buyers and sellers would make good use of your expertise in coming up with the right approach for success.

Jan 05, 2017 01:00 PM #1
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Anna Banana Kruchten CRB, CRS 602-380-4886
Phoenix Property Shoppe - Phoenix, AZ
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Hi Noah - Happy New Year and I hope you're feeling great!  This is a very interesting market report about the Wilmette real estate market.  It's interesting that home sales are up but prices went down as well as days on market. Clearly you are the go to expert in the market.

Jan 05, 2017 03:28 PM #2
Rainmaker
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Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Alexandria Virginia Homes For Sale

Noah, comprehensive yet concise - excellent market report for Wilmette IL. You are the local expert to contact for the best representation.

Jan 05, 2017 04:14 PM #3
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Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Thanks Dick GreenbergAnna Banana Kruchten and Amanda S. Davidson  

Jan 05, 2017 04:25 PM #4
Rainmaker
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Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Noah -- this is a good overview of the Wilmette market.  Those looking to make a move in the area will be wise to contact you to learn the ways you can help them achieve their real estate goals.  

Jan 05, 2017 04:59 PM #5
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Noah you guys have been in a strong market, so I was surprised to see the decline in sales.  Maybe it is just a blip this month and sales will be back up next month.

Jan 05, 2017 05:13 PM #6
Rainmaker
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Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

I notice one thing about the maps you show for your market reports, Noah, and that is most the neighborhoods are wider east and west than they are long, with limited shore frontage. How come there is not one long neighborhood along the lake?

Jan 05, 2017 06:30 PM #7
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
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Families on the move will certainly appreciate your local real estate market reports.

Jan 05, 2017 06:51 PM #8
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Fred Griffin
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Hi, Noah!

  I don't know if I wished you a Happy New Year already... so, Happy New Year!

  Nice market report on Wilmette.

Jan 05, 2017 07:59 PM #9
Rainmaker
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Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

Nice review of the Wilmette IL real estate market. Stay warm Noah!

Jan 06, 2017 05:55 AM #10
Rainmaker
2,168,507
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Noah: Very good review of the Wilmette IL real estate market. Hopefully 2017 is a banner year for this community.

Jan 06, 2017 07:49 AM #11
Rainmaker
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Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Noah

Wilmette Illinois has wrapped up an active 2016 . . . . and move fast forward into 2017.

Good luck and success.

Lou Ludwig

Jan 07, 2017 07:47 PM #12
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Noah Seidenberg

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