Wilmette IL Real Estate July 2017

By
Real Estate Agent with Coldwell Banker 475.140531
https://activerain.com/droplet/55ZM

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 Village of Wilmette ILcorrectly 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.

Click on Wilmette IL Houses for sale and Wilmette IL Condos for sale to see the latest inventory available. This is a direct connection to the Multiple Listing Service.

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.

Wilmette IL Map

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.

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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 - Excellent market report - It looks like the Wilmette market is getting complicated. I hope you're doing well.

Jul 23, 2017 01:45 PM #1
Rainmaker
1,518,217
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Ashburn, VA
Alexandria Virginia Homes For Sale

Good morning Noah, looks like inventory or lack there of is making the Wilmette market challenging. You're the local expert on this market and I know you have assisted many buyers and sellers achieve their Wilmette real estate goals. There's no one else in your area I'd consider referring too.

Jul 24, 2017 06:10 AM #2
Rainmaker
3,266,724
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Noah -- regardless of market conditions, I know you have the ability to effectively connect with buyers/sellers to turn a move in Wilmette from a dream to reality.   The market is constantly changing(or evolving) but your consistency in your approach along with your knowledge of the area makes you the smart choice for representation.  

Jul 24, 2017 08:33 AM #3
Rainmaker
1,220,045
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

We have to keep pounding away at the benefits of selling nowNoah Seidenberg .. and your post certainly delivers that message for those in the Wilmette area ...

Hope your phones are ringing soon!

Gene

Jul 25, 2017 11:26 AM #4
Rainmaker
729,629
Jane Chaulklin-Schott
TEAMCONNECT REALTY - (407) 394-9766 - Orlando, FL
TeamConnect Luxury Homes - Orlando, Florida, 32836

Hi Noah, I love the village of Wilmette; in fact, when we first moved to Chicagoland, I loved one listing directly on Lake Michigan with a long sweeping driveway. It was a luxurious mansion and in 1960 on the market for $100,000.00. I have often wondered what the home appraises in today's market.  When I think back, it sort of reminded me of a mini WHITE HOUSE :)

Jul 28, 2017 05:31 PM #5
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Noah Seidenberg

Chicagoland and Suburbs (800) 858-7917
Chicago Land Real Estate and Suburbs
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