It is time to go over the Wilmette IL Real Estate July 2017 market report. We are seeing a seller's market that is for sure. It is presently a great time to place your home for sale. If priced right and presented correctly you will get a sale.
This report is talking a look at the 30-day time frame that ends July 14 of 2017. We are compare that data to the same time but one year ago. At the end of this report is a great report that gives very in-depth figures.
Looking at the whole market we have 24.8% less new listings or all types of properties. We have 14.7% less closed sales. Also 18.8% less inventory of all types of homes.
Looking at single family homes in Wilmette there is 24.2% less new listings. Under contract, houses are up by 4.8%. Closed sales are down by 8%. The average sales price is down 6% to $858,335. The average market time is down 15% to 85 days before a contract.
Wilmette does not have very many condos. The village is mostly single-family homes. New listings for condos are down by 27.8%. Under contract, condos are up by 40%. Closed sales are down by 33.3%. The average sales price for a condominium in Wilmette IL is up by 51% to $476,333. The average market time is up 26.3% to 96 days.
If you want to learn more about Wilmette IL Real Estate call us day or night at (800) 858-7917. We have a team in place to help you. Also, check out our web site at Coldwell Banker Wilmette.
If you are a first-time buyer we can answer any questions you have and guide you through the process. We have lenders to assist you in the mortgage process and attorneys to help with any legal questions.