Our Wilmette IL Real Estate June 2017 market report is in. The Inventory is down and sales are up which indicates a seller's market. However, it is not a drastic swing. The reporting shows opportunity for both buyers and sellers.
Looking at the whole picture, new listings are down 9.9%. The change in closed sales is up by 1.7%. The change in inventory is down by 7.6%. This is for both Wilmette houses and condos combined.
Our report looks at a 30-day period ending June 15th of 2017. We compare this data to the same time frame of one year ago. Look at the report at the end of this blog and you can view even more complete data.
Moving on to Wilmette single family homes, new listings are down by 6.1%. Under contract, properties are up by 18.9%. Closed sales are down 2.1% The average sales price is down 7.4% to $812,696. The average market time before a contract is up 50.8% to 95 days.
Click Wilmette IL Houses for sale and Wilmette IL Condos for sale. This is the latest inventory and directly from the Multiple Listing Service. You get live data on the fly for your browsing pleasure.
If condominiums are of interest to you, new listings are down by 26.3%. The reason why is because under contract properties are up 71.4% Closed sales are up 20%. The average sales price is up 35% to $370,104. Average market time is down 29.4%.
Call us day or night at (800) 858-7917 if you have any real estate questions. We are happy to help out in any way and have lenders, attorneys and a complete team dedicated to your buying or selling of property or just to educate if you want to learn about how it all works.
Check out our website at Coldwell Banker Wilmette and you can browse on your own. Wilmette IL is a desired village to call home. If you have questions about the schools, recreation or anything at all we are happy to assist.