Wilmette IL Real Estate April 2015It's time for a report of Wilmette IL Real Estate which is zip code 60091. The Wilmette IL market is really hot and if you are buying a home, there is little time to decide after a property you like comes on the market. We are advising people to really take a close look and try and make that decision as soon as you can. Get a showing as soon as the home hits the market. Follow this advice and you will be successful. Wilmette is such a nice area of the Chicago North Shore sitting Lake Michigan.Want to skip my report and get to it? Click Wilmette Homes & Wilmette Condos to see what is on the market right now. This is directly connected to the multiple listing service and live on the fly. As accurate data as Realtors see. No information will be asked of yo... 05/11/2015

As you will see below, the trend this 1st quarter over the same time period in 2014 is that fewer homes sold - but the prices have gone up.  This is not news in Wilmette because the real estate market there has been very hot for over a year.  What is startling is how high prices have risen! Notice the price increase of Wilmette homes from an average of $693,000 in 2014 to $907,000 in 2015. That is almost a 31% increase in price.  I know that our office listed a smaller home that needed some work and received 7 offers.  I have been writing for over a year about the strength of the Wilmette real estate market over other local villages.   Wilmette is larger, more diverse, and less expensive (probably not for long) than Winnetka, Kenilworth, or Glencoe.It took slightly longer to sell those ... 04/22/2015

Wilmette Market Trends for March 2015Wilmette home sales for the month of March decreased in volume by 9.7% when compared to last year, while the median sale price rose by 46.6% from $510,000 to $747,450. The number of Single Family homes sales rose by 4.5%, while the median sale price rose by 35.4% from $650,000 to $880,000. Condo/townhome sales decreased by 44.4%, while the median sale price rose by 22% from $250,000 to $305,000.» View homes for sale in Wilmette   » View all recent sales in Wilmette_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other tha... 04/21/2015

By Art Wilson, RealtorWilmette's March Property sales were 28, down -12.5% from 32 in March of 2014 and 47.4% higher than the 19 sales last month. March 2015 sales were at a mid level compared to March of 2014 and 2013. March YTD sales of 64 are running -15.8% behind last year's year-to-date sales of 76. The Median Sales Price in March was $747,450, up 45.3% from $514,500 in March of 2014 and up 86.4% from $401,000 last month. The Average Sales Price in March was $857,542, up 37.7% from $622,563 in March of 2014 and up 4.3% from $822,211 last month. March 2015 ASP was at highest level compared to March of 2014 and 2013. The Total Inventory of Properties available for sale as of March was 150, up 19.0% from 126 last month and up 59.6% from 94 in March of last year. March 2015 Inventory w... 04/04/2015

Wilmette IL Real Estate has really gone up in value and could use some inventory. The village of Wilmette has so much to offer and many people are flocking toward this wonderful town on Lake Michigan. Situated in the New Trier district. Kids go to New Trier High School, one of the highest rated schools in the country. At present there are 188 houses for sale in Wilmette IL and 74 under contract and waiting to close. In the last 30 days, 20 single family homes have closed. In the condo scene presently there are 29 condos for sale in Wilmette and 17 under contract and waiting to close. In the last 30 days 2 condos have closed and are sold.  Click Wilmette Homes or Wilmette Condos to see the latest inventory. Wilmette IL is known for cobble stone, tree lined streets. A truly beautiful vill... 03/25/2015

Updated 2020   The Bottle Shop Wilmette, IL Did you know that women are in charge of most of the wine shopping? That is why the Bottle Shop in Wilmette came into existence!  The wines are organized by grape rather than by region and most wines are priced under $30 with the average around $15. They carry around 400 different types of wine and they taste every one before they buy it. Chances are they might not carry the grocery store brand but can order anything - or even better, suggest something that is comparable.  They also carry a growing craft beer selection.  Every Saturday the Bottle Shop holds beer or wine tastings and wine, cheese, crackers, cured meats, and olives can be purchased at the wine bar. Amy also offers private events - she recently had a casual wedding rehearsal din... 03/25/2015

UPDATED 2019 1630 Sheridan Road is the northernmost building along the strip of residential buildings called No Man's Land.  It is a cooperative building, not a condo.  Of the seven buildings, only two are cooperatives:  1630 Sheridan Road and 1410 Sheridan Road.  They are easy to remember because they are at either end of the strip.  Facts about 1630 Sheridan Road 1630 Sheridan Road was built in 1964 and has 10 floors and 104 units.  Some are one-floor living, while others have stairs.  The building is a curved arc shape and the units along the north side have both lake (east) and park (west) views.  The views are spectacular from every unit.Along the back of the building, on the lakeside, there is a pool, hot tub, and access to the beach.The building also has a doorman, exercise room,... 03/19/2015

By Art Wilson, Realtor   Wilmette's February Property sales were 19, down -5.0% from 20 in February of 2014 and 11.8% higher than the 17 sales last month. February 2015 sales were at a mid level compared to February of 2014 and 2013. February YTD sales of 36 are running -18.2% behind last year's year-to-date sales of 44.  The Median Sales Price in February was $401,000, down -14.0% from $466,490 in February of 2014 and up 9.9% from $365,000 last month. The Average Sales Price in February was $822,211, up 39.5% from $589,199 in February of 2014 and up 59.6% from $515,140 last month. February 2015 ASP was at highest level compared to February of 2014 and 2013. The Total Inventory of Properties available for sale as of February was 123, up 19.4% from 103 last month and up 6.0% from 116 in... 03/14/2015

Wilmette Market Trends for February 2015 Wilmette home sales for the month of February decreased in volume by 5% when compared to last year, while the median sale price decreased by 14% from $466,490 to $401,000. The number of Single Family homes sales decreased by 17.6%, while the median sale price rose by 13.6% from $472,980 to $537,500. Condo/townhome sales rose by 66.7%, while the median sale price rose by 13.2% from $190,000 to $215,000. » View homes for sale in Wilmette   » View all recent sales in Wilmette _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage f... 03/10/2015

Knowing the absorption rate of a particular neighborhood or price range is a great help in determining what you should sell or buy for.   Pretend that no new listings come on the market - then the time it would take for everything currently on sale to sell is your absorption rate.   The number of months to sell all the current inventory gives us a good idea of the rate at which buyers are purchasing.  It can also tell us whether we have a seller's, buyer's, or balanced market. Here are the absorption rates for various types of parameters: I have been writing for a long time about how hot Wilmette real estate is.  With the exception of homes priced over $2 million, all segments of the Wilmette real estate market are a seller's market.  In fact, it is probably even more so since there are... 02/20/2015

You may not understand what I am saying here when reading this, but in Wilmette IL Real Estate is in big demand. I am talking about 3 or more bedroom homes enabling the kids to go to New Trier and live in a fruitful environment. I understand why people are hesitating on selling their homes. If you want to move but need questions answered about how you are going to walk away happy or unhappy you may need a real estate professional.   Why am I even talking about this? I get calls every day from families who are at the point where their kids are ready to enter school soon and Mom and Dad are committed to make that education the best there is. Also you and quality of life. Wilmette is such a convenient town its easy to get where you are going via public trans quickly and live in a town that... 02/13/2015

By Art Wilson, Realtor   Wilmette's January Property sales were 17, down -29.2% from 24 in January of 2014 and -41.4% lower than the 29 sales last month. January 2015 sales were at their lowest level compared to January of 2014 and 2013. January YTD sales of 17 are running -29.2% behind last year's year-to-date sales of 24. The Median Sales Price in January was $365,000, down -31.6% from $533,438 in January of 2014 and down -26.3% from $495,000 last month. The Average Sales Price in January was $515,140, down -7.3% from $555,724 in January of 2014 and down -26.9% from $704,351 last month. January 2015 ASP was at the lowest level compared to January of 2014 and 2013. The Total Inventory of Properties available for sale as of January was 100, up 6.4% from 94 last month and down -4.8% fro... 02/10/2015

Wilmette Il has a unique neighborhood called the CAGE. Sounds restricting doesn't it? Not really, The Cage is an Acronym of four streets in Wilmette. It is Chestnut, Ashland, Greenwood and Elmwood, get it? These four streets up to Sheridan Rd on the east and Green bay road on the west. This neighborhood is considered one of the most sought after and exclusive areas in Wilmette IL. I always like to describe most of Wilmette as tree lined cobble stone streets that are peaceful and quiet in this bedroom community. Actually all of Wilmette Il is a dream and this is one small section of the village but often you will hear about homes on one of these streets. As time goes by living in Wilmette is becoming more and more requested and I really love East Wilmette in general. East Wilmette starts... 01/29/2015

1410 Sheridan, Wilmette, Illinois - January 2015 About 1410 Sheridan 1410 Sheridan is a 28 unit lakefront co-op building in 1960's. 1410 Sheridan is located in Wilmette, Illinois. Average taxes in 1410 Sheridan $8,070 Average association fees in 1410 Sheridan $2,891 ($2,879 - $2,902) Average home size in 1410 Sheridan 0 ft2 Average lot size in 1410 Sheridan 0.00 acres Average year built in 1410 Sheridan 1963 Homes for sale in 1410 Sheridan Address Beds Baths Built Price 1410 Sheridan Rd. #3-C 3 3.0 1963 $299,000 1410 Sheridan Rd. #5B 3 3.0 1963 $265,000 Sales Summary for 1410 Sheridan  (Jan 19, 2014 - Jan 20, 2015) # of Sales Average Days on Market Average List Average Sale Ratio% 6 388 $318,167 $254,500 80.0% Recent home sales in 1410 Sheridan Address Beds Baths Sold 1410 Sheridan Rd.... 01/19/2015

Optima Center, Wilmette, Illinois - January 2015 About Optima Center Optima Center is a condominium complex built in the late 1990's. Optima Center is located in Wilmette on 11th Street north of Central Avenue and east of Wilmette Avenue at 705 11th. Average taxes in Optima Center $4,712 Average association fees in Optima Center $507 ($367 - $647) Average home size in Optima Center 1,650 ft2 Average lot size in Optima Center 0.00 acres Average year built in Optima Center 1998 Homes for sale in Optima Center Address Beds Baths Built Price 705 11th St. #307 3 2.0 1998 $349,000 705 11th St. #200 2 2.0 1998 $330,000 Sales Summary for Optima Center  (Jan 9, 2014 - Jan 9, 2015) # of Sales Average Days on Market Average List Average Sale Ratio% 6 83 $238,463 $219,167 91.9% Recent home sales i... 01/09/2015

Wilmette IL Homes Wilmette IL has had a dramatic jump in sales and popularity in the last few years. 2014 was a banner year for Wilmette home sales and it's no wonder why. This is a top notch community and is considered to be one of the most sought after places to raise a family and call home in Chicago. You have cobble stone and tree lined streets with beautiful Gilson park beach offering swimming, a fine beach and huge park to enjoy and never forget. That's how nice Wilmette IL is. Public transportation is a breeze with the Metra stopping right in downtown Wilmette and getting you to Downtown Chicago in 20 minutes. At 4th and Linden there is the "EL" which can get you anywhere in Chicago in a very short time. There is a parking lot at the "EL" station and you park and ride. This Summe... 01/08/2015

1500 Sheridan, Wilmette, Illinois - January 2015 About 1500 Sheridan 1500 Sheridan is a 17 story condo building in Wilmette, illinois. Average taxes in 1500 Sheridan $5,918 Average association fees in 1500 Sheridan $1,236 ($1,174 - $1,268) Average home size in 1500 Sheridan 1,695 ft2 Average lot size in 1500 Sheridan 0.00 acres Average year built in 1500 Sheridan 1969 Homes for sale in 1500 Sheridan Address Beds Baths Built Price 1500 Sheridan Rd. #7I 2 2.0 1970 $415,000 1500 Sheridan Rd. #4A 2 2.0 1969 $325,000 1500 Sheridan Rd. #6B 2 2.0 1969 $469,000 Sales Summary for 1500 Sheridan  (Jan 8, 2014 - Jan 8, 2015) # of Sales Average Days on Market Average List Average Sale Ratio% 6 261 $466,917 $391,500 83.8% Recent home sales in 1500 Sheridan Address Beds Baths Sold 1500 Sheridan Rd. #... 01/08/2015

1630 Sheridan, Wilmette, Illinois - January 2015 About 1630 Sheridan 1630 Sheridan is a 104 unit condo high-rise building on Lake Michigan in Wilmette, Illinois. Average taxes in 1630 Sheridan $6,857 Average association fees in 1630 Sheridan $2,577 ($2,472 - $2,681) Average home size in 1630 Sheridan 0 ft2 Average lot size in 1630 Sheridan 0.00 acres Average year built in 1630 Sheridan 1964 Homes for sale in 1630 Sheridan Address Beds Baths Built Price 1630 Sheridan Rd. #8N 2 2.1 1964 $525,000 1630 Sheridan Rd. #8M 3 2.1 1964 $455,000 Sales Summary for 1630 Sheridan  (Jan 8, 2014 - Jan 8, 2015) # of Sales Average Days on Market Average List Average Sale Ratio% 6 111 $485,467 $444,917 91.6% Recent home sales in 1630 Sheridan Address Beds Baths Sold 1630 Sheridan Rd. #4C 2 2.1 $360,000 1... 01/08/2015

Georgetown Square, Wilmette, Illinois - January 2015 About Georgetown Square Georgetown Square is a townhouse community built in the 1960's. Georgetown Square is located in Wilmette, Illinois on Greenleaf Avenue west of Sheridan Road and south of Lake Avenue. Average taxes in Georgetown Square $8,136 Average association fees in Georgetown Square $130 ($129 - $130) Average home size in Georgetown Square 1,774 ft2 Average lot size in Georgetown Square 0.00 acres Average year built in Georgetown Square 1965 Homes for sale in Georgetown Square Address Beds Baths Built Price 337 Greenleaf Ave. #B 3 3.1 1965 $489,000 331 Greenleaf Ave. 3 2.1 1965 $459,000 Sales Summary for Georgetown Square  (Jan 8, 2014 - Jan 8, 2015) # of Sales Average Days on Market Average List Average Sale Ratio% 6 144 ... 01/08/2015

Wil-Shores, Wilmette, Illinois - January 2015 About Wil-Shores Condominiums built in the early 1960's and located in Wilmette on Sheridan Road north of Lake Avenue at 1440 Sheridan. Average taxes in Wil-Shores $0 Average association fees in Wil-Shores $0 Average home size in Wil-Shores 0 ft2 Average lot size in Wil-Shores 0.00 acres Average year built in Wil-Shores 0 Homes for sale in Wil-Shores None Sales Summary for Wil-Shores  (Jan 8, 2014 - Jan 8, 2015) # of Sales Average Days on Market Average List Average Sale Ratio% 6 283 $265,650 $239,500 90.2% Recent home sales in Wil-Shores Address Beds Baths Sold 1440 Sheridan Rd. #502 2 2.0 $265,000 1440 Sheridan Rd. #401 2 2.0 $255,000 1440 Sheridan Rd. #402 2 2.0 $247,000 1440 Sheridan Rd. #704 1 1.0 $150,000 1440 Sheridan Rd. #703 1 1.0 ... 01/08/2015