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Wilmette, IL Real Estate News

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
It's January 2017 and the fine weather is bringing out lots of buyers.  The real estate market in Wilmette IL was strong in 2016 - better than any of the other North Shore communities.  Wilmette continues to be a prime destination for buyers for many reasons including good schools, proximity to downtown, shopping, and restaurants.  And the great Gillson Beach.What does the Wilmette real estate market look like today?Homes for sale:  27Low price:  $349,000High price:  $9,900,000Median price:  $900,000Under contract and pending homes:  38Current absorption rate:  4 months (a market that is trending toward being a seller's market.) How did Wilmette home sales do in 2016?Total homes sold:  376Low price:  $235,000High price:  $3,255,000Median sold price:  $740,000 Now let's see where the mos...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
 UPDATED 2019 No surprise there - I've been writing about Wilmette's strong real estate market for years. Crain's Chicago Business just published a list of 8 city neighborhoods and 8 suburbs where your money will stretch while other amenities like schools, restaurants, or location add to the positive mix.Why has Wilmette been a popular community for home buyers?  There are several factors including:  excellent schools quick proximity to downtown Chicago via the Metra line or expressway diverse housing stock with prices ranging from $300,000 to several million an energetic dining scene along Central and Wilmette avenues a scenic lakefront park with a bathing and sailing beach, tennis courts, playground, and amphitheater  More Wilmette information:See all Wilmette homes for saleAll Wilmet...
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By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
The Wilmette IL Real Estate January 2017 report is out. The data is very interesting for this time of year. Wilmette IL housing has become extremely popular in the last few years.There is a 19% change in new listings of all types of properties. 26.7% less closed sales. Wilmette shows a 15.9% positive change in inventory of all property, that is single family homes and condos.People never stopped or slowed down during the Summer vacation time and holiday season of 2016. Property sales have been booming in Wilmette IL Real Estate and for this time frame ending January 14 2017 as compared with last year showing we have some unusual statistics.Let us break it down further. New single family home listing in Wilmette IL are up 27.8%. Under contract houses waiting to close is flat. We have the...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson,Wilmette's December Property sales were 21, down -30.0% from 30 in December of 2015 and -19.2% lower than the 26 sales last month. December 2016 sales were at their lowest level compared to December of 2015 and 2014. December YTD sales of 485 are running 8.3% ahead of last year's year-to-date sales of 448. The Median Sales Price in December was $735,000, up 6.9% from $687,500 in December of 2015 and up 3.0% from $713,750 last month. The Average Sales Price in December was $652,595, down -17.2% from $787,683 in December of 2015 and down -20.1% from $816,303 last month. December 2016 ASP was at the lowest level compared to December of 2015 and 2014. The Total Inventory of Properties available for sale as of December was 146, down -14.1% from 170 last month and up 9.0% from 1...
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By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
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 compared 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 aver...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
If you have hunks of "block" styrofoam left over from holiday presents you can now recycle them in Wilmette through a special short-term program.  This type of styrofoam is used in packing appliances and other fragile goods and cannot be otherwise recycled in Wilmette.This recycling program has started and will continue through January 9, 2017.The styrofoam will be taken to ABT Electronics im Glenview where they will process it through a special machine.  The reconsistituted product is then sold to plastics manufacturers.  Total recycling and reuse!The recycling effort is offered through Go Green Wilmette and the Wilmette Public Works department through January 9 at one of four locations.  There are several provisions to keep in mind: please only drop off white "block" type of styrofoam...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, RealtorWilmette's November Property sales were 26, down -3.7% from 27 in November of 2015 and -27.8% lower than the 36 sales last month. November 2016 sales were at a mid level compared to November of 2015 and 2014. November YTD sales of 464 are running 11.0% ahead of last year's year-to-date sales of 418. The Median Sales Price in November was $713,750, up 5.7% from $675,000 in November of 2015 and up 39.6% from $511,250 last month. The Average Sales Price in November was $816,303, down -3.2% from $842,963 in November of 2015 and up 19.9% from $680,997 last month. November 2016 ASP was at the lowest level compared to November of 2015 and 2014.The Total Inventory of Properties available for sale as of November was 167, down -13.5% from 193 last month and up 5.0% from 159 ...
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By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
Wilmette IL real estate is always in big demand. The Spring market for homes sales continued and now as we hit Thanksgiving and the holiday season sales have finally backed off as people start to think about 2017 and the Winter. We have a nice report full of interesting data for you to get an idea of what is happening in the market.Looking at the complete picture and comparing a 30 day period ending November 14 Vs the same time frame of 2015 Wilmette IL Real Estate has 5.5% less new listings yet a 12.5% gain in Closed sales. This all means a 4.7% change in inventory of all properties.Click Wilmette Houses for sale and Wilmette Condos for sale to see the latest inventory.Breaking it down further, new listings of Wilmette IL single family homes are down 17.4% from 46 during this month of ...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
 I was reminded again last night why Wilmette is such a wonderful place to live.  I had dinner with my daughter at Nick's Neighborhood Bar & Grill and the streets in downtown Wilmette were packed.  There are so many restaurants there - good restaurants - that it's a destination for Winnetka, Kenilworth, and other nearby residents.Added to that, Wilmette real estate is still strong and it's a number one place to live whether you're looking for a single family home or a condo/townhouse.  Here's what's happening now in the Kenilworth Gardens area of Wilmette home inventory and sales:Currently for sale:  14 homesLow price:  $659,000High price:  $1,350,000Under contract or pending: 4 homesSold year-to-date:  32 homesLow price:  $474,500High price:  $1,450,000Median price:  $735,000The absorp...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, RealtorWilmette's October Property sales were 12, up 200.0% from 4 in October of 2015 and 50.0% higher than the 8 sales last month. October 2016 sales were at their highest level compared to October of 2015 and 2014. October YTD sales of 94 are running 28.8% ahead of last year's year-to-date sales of 73. The Median Sales Price in October was $335,750, up 20.1% from $279,450 in October of 2015 and up 26.7% from $265,000 last month. The Average Sales Price in October was $365,700, down -2.5% from $374,975 in October of 2015 and down -1.8% from $372,281 last month. October 2016 ASP was at a mid range compared to October of 2015 and 2014. The Total Inventory of Properties available for sale as of October was 39, down -7.1% from 42 last month and up 14.7% from 34 in October of...
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By Jack Lewitz
(Exit Strategy Realty)
              911 Manor Wilmette, IL                  .                                       First Time on Market                    $450,000  4 Bedroom/ 2.5 Bath Home New Trier High School Convenient Location Easy To Show  Call Today: 708-309-5334  
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By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
The Wilmette IL real estate report for October 2016 is out and the numbers and stats are fantastic. It shows much activity and that people are still buying and selling property in Wilmette even this late in the year. Usually by now people are gearing towards the holidays but folks who are looking to move are pointing towards the village of Wilmette.We see a 17% gain in new listings for all types of property combined and an a 38.7% change in closed sales as compared with the same 30 day period of last year and ending October 14. This is really good news and shows us that it is not too late in the year to buy or sell a home in Wilmette IL.Click Wilmette Houses for sale and Wilmette Condos for sale to see the latest inventory directly from the Multiple Listing Service (MLS) this is updated...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, RealtorWilmette's September Property sales were 39, up 25.8% from 31 in September of 2015 and -27.8% lower than the 54 sales last month. September 2016 sales were at their highest level compared to September of 2015 and 2014. September YTD sales of 398 are running 10.9% ahead of last year's year-to-date sales of 359. The Median Sales Price in September was $571,500, up 3.9% from $550,000 in September of 2015 and down -10.6% from $639,500 last month. The Average Sales Price in September was $697,159, up 2.2% from $681,871 in September of 2015 and up 1.6% from $686,084 last month. September 2016 ASP was at highest level compared to September of 2015 and 2014. The Total Inventory of Properties available for sale as of September was 208, up 1.5% from 205 last month and down -...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Wilmette, IL 60091 currently has 169 homes for sale (as of October 3, 2016.)Low price:  $319,900High price:  $9,900,000Median price:  $880,000 In September 2016, closed sales were:Homes sold:  35Low price:  $310,000High price:  $1,570,000Median price:  $638,000 (median price in 2015 was $678,000)  SEE ALL WILMETTE HOMES FOR SALE
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
 I have always liked the classic look of white beadboard - but I made a mistake installing it in my powder room. It comes up about halfway up the wall and lines the area behind the sink.  I apparently never considered the effect that splashing water would have on the wood beadboard as you can see here (and this was repainted about a year ago): While reading an article, "8 Easy and Cheap Things You Can Do to Transform Your Bathroom," I came across the idea of using beadboard made from cellular PVC (essentially a synthetic plastic polymer) that is water resistant, priced well, and never needs to be painted.It's easy to find - a quick Google search shows that it can be purchased at Home Depot, Lowe's, or many other hardware or home remodeling stores.Of course, just about everything can be ...
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By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
We now have the Wilmette Real Estate September 2016 market report. There are some very interesting points that show a still very busy market in Wilmette. We will talk about the report and then at the end you can analyze the data in the chart on your own. You can see the last 12 months of data.First the complete picture, we have a 16% gain in new listing of all types of property and a 25% gain in closed sales. The inventory is down 3.2% and with all the activity that is no surprise. This shows that if you want to sell your home in Wilmette IL of purchase a property there is plenty of opportunity to do so.Click on Wilmette Houses for sale and Wilmette Condos for sale to see the latest inventory.The single family home situation in Wilmette IL shows no gain in new listings for this period o...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, RealtorWilmette's August Property sales were 54, up 25.6% from 43 in August of 2015 and 22.7% higher than the 44 sales last month. August 2016 sales were at their highest level compared to August of 2015 and 2014. August YTD sales of 359 are running 9.5% ahead of last year's year-to-date sales of 328. The Median Sales Price in August was $639,500, down -13.0% from $735,000 in August of 2015 and down -14.1% from $744,500 last month. The Average Sales Price in August was $686,084, down -7.6% from $742,366 in August of 2015 and down -21.5% from $874,103 last month. August 2016 ASP was at the lowest level compared to August of 2015 and 2014. The Total Inventory of Properties available for sale as of August was 203, down -8.6% from 222 last month and down -7.3% from 219 in Aug...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(@Properties)
Ever popular Kenilworth Gardens (which is in Wilmette, not Kenilworth) continues to perform well in home sales.Currently, the real estate statistics for Kenilworth Gardens look like this: For sale:  9 homesLow price:  $769,000High price:  $1,150,000Under contract:  3 homesSales in past 12 months:  35 homesAverage sale price:  $848,000Average market time:  72 daysAverage list to sell price ratio:  94%Homes in Kenilworth Gardens are within the Harper School District.See all homes for sale in Kenilworth Gardens, WilmetteIf you would like to see any homes for sale in Kenilworth Gardens, please give me a call!847-977-6024
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By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
We have the Wilmette IL Real Estate market report for August of 2016. We are going to talk about what is going on in the last month and compare this data to the same one month time frame of one year ago. The data is through August 15th 2016 so this is an accurate report if you get to see this soon. Our analogy will help you see what is going on but if you want to see even more, we have a nice chart at the end of this report that you may find useful.Wilmette Real Estate is red hot and selling fast. There is a shortage of inventory and if you are considering a move you will be successful. Successful in getting a fair market value for your property. Looking at the whole market we see 21.1% less inventory of all properties and 22.8% less closed sales during this one month time frame as comp...
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By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
I have listed a great townhouse at 605 4th Street in Wilmette IL 60091. This property is a 3 bedroom one and half bath property in a great location. I sold this property to the owner about 11 years ago and he wants to keep it as an investment.With 1426 square feet and a block away from the 4th and Linden "EL" in Wilmette IL you can get almost anywhere in minutes. This property lives more like a single family house. Listed for $2,700 a month for a wonderful life in Wilmette. Your children will have access to the New Trier school district. I graduated from New Trier High School in 1976. This is a fine education for an entry into life with so many advantages and activities available.If you want to hear more about 605 4th Street Wilmette IL 60091 give us a call or email and we will answer a...
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