Wilmette, IL Real Estate News

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Wilmette Closed SalesAugust 2017    See all Wilmette homes for sale Current homes for sale:  151Price range:  $300,000 to $8,499,000Under contract: 42Absorption rate: 4.6 months Current condos for sale: 22Price range:  $185,000 to $1,140,000Under contract:  10Absorption rate: 2.4 months  To CONTACT Margaret Goss, please call 847-977-6024 or email:  margaret.goss@bairdwarner.com Margaret Goss is a full-time real estate agent since 1998 servicing the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston.  See full BIO for Margaret Goss.
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
With the exception of Kenilworth, the North Shore has seen high inventory reduced to "normal" market conditions. The absorption rate is an excellent tool to gauge the home sales activity in a particular area. Absorption rate refers to the number of months it would take to sell a home if no new inventory came on the market. From those numbers, it can be determined if a market is a buyer's market (prices down with high inventory) or a seller's market (prices rising with tight inventory.) These are the absorption rates as of August 24, 2017:          Wilmette has the best absorption rate at 4.5 months which would be considered a seller's market - which has been unheard of on the North Shore for years. Winnetka, Northfield, Glenview, and Glencoe all fall within the parameters of a balanced...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, RealtorWilmette’s July Property sales were 69, up 56.8% from 44 in July of 2016 and 19.0% higher than the 58 sales last month. July 2017 sales were at their highest level compared to July of 2016 and 2015. July YTD sales of 325 are running 6.6% ahead of last year's year-to-date sales of 305.The Median Sales Price in July was $599,000, down -19.5% from $744,500 in July of 2016 and down -7.8% from $650,000 last month. The Average Sales Price in July was $768,689, down -12.1% from $874,103 in July of 2016 and down -1.4% from $779,300 last month. July 2017 ASP was at the lowest level compared to July of 2016 and 2015.The Total Inventory of Properties available for sale as of July was 192, down -3.0% from 198 last month and down -15.0% from 226 in July of last year. July 2017 ...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Right now, the average price of a Wilmette home is $824,000 - based on sales for the past 12 months (August 2016-August 2017.)  Most four-bedrooms homes sold for under $1 million, while most five-bedroom homes sold for over $1,200,000.Wilmette homes priced from $900,000 to $1,100,000These $1 million homes are found throughout Wilmette including the CAGE, Indian Hill Estates, and Kenilworth Gardens.  They represent a number of different styles as well including some that need work and some that are renovated and move-in ready.One of my favorite Wilmette homes on the market right now is listed for $995,000 with 5 bedrooms and 4 baths and is completely renovated - and stunning inside.If you would like more information on homes for sale in Wilmette - call me!  Wilmette offers a good value f...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
See all closed home sales in July 2017 in Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, and Glenview. Includes addresses, sold price, bedrooms and bathrooms.  WINNETKA WILMETTE KENILWORTH GLENCOE NORTHFIELD GLENVIEW  To CONTACT Margaret Goss, please call 847-977-6024 or email:  margaret.goss@bairdwarner.comMargaret Goss is a full-time real estate agent since 1998 servicing the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston.  See full BIO for Margaret Goss.
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
The Illinois Association of Realtors' blog published an article this month entitled, "Illinois median prices climb in June while home sales hold steady."  Okay, that information is for the state - is it true of the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, and Northfield?  The article compared sales in June of 2017 vs June of 2016. Let's take a look at Illinois as a whole:Illinois median price in June 2016:  $204,000Illinois median price in June 2017:  $216,000This represents an increase in the median price of 5.9% Here are the statistics for the North Shore:North Shore median price in June 2016:  $925,000North Shore median price in June 2017:  $940,000This represents an increase in the median price of 1.6%  Not as significant as statewide - but still an increa...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
 Everything you wanted to know about Winnetka & North Shore Closet Organizers 2019) A closet with a single hanging rod isn't much use to us nowadays.  Utilizing every last inch of that space is critical unless you want your clothes strewn all over the floor.  If your closet reminds you of this messy cable box, it's time for some work.  Many of our high-end homes here in the North Shore villages of Winnetka, Kenilworth, Wilmette, Glencoe, and Northfield have closets as large as bedrooms.  They are beautifully outfitted with shelves, drawers, rods, bins, chandeliers, and center islands.  While most of us don't have that kind of space, we still want to have an efficient closet with decent space for everything.It may have started with California Closets, the company that was the first "go-t...
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By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
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.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 Servic...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, RealtorWilmette's June Property sales were 58, down -14.7% from 68 in June of 2016 and -3.3% lower than the 60 sales last month. June 2017 sales were at their lowest level compared to June of 2016 and 2015. June YTD sales of 255 are running -2.3% behind last year's year-to-date sales of 261.The Median Sales Price in June was $650,000, down -4.8% from $682,500 in June of 2016 and up 3.4% from $628,750 last month. The Average Sales Price in June was $779,300, up 3.3% from $754,699 in June of 2016 and up 8.3% from $719,883 last month. June 2017 ASP was at highest level compared to June of 2016 and 2015.The Total Inventory of Properties available for sale as of June was 194, down -10.6% from 217 last month and down -20.5% from 244 in June of last year. June 2017 Inventory was...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
It's not too late - still lots of things going on in Wilmette in July.  Here's a rundown: WILMETTE SUMMERFEST AND SIDEWALK SALEFriday-Sunday, July 21-23The basic sidewalk sale has been expanded in recent years to include lots of live music, children's concerts, balloon artists, face painters, a frog lady (displaying reptiles!), and a classic car show.  Three days of fun - and don't forget to shop in downtown Wilmette, Plaza del Lago, Greenleaf Avenue, Green Bay Road, and along Ridge Road.  Read more:  Wilmette Summerfest. FAMILY FUN NIGHT KARAOKEFridays, July 14, 21, and 28 at the Rock House, 1150 Central St. 6:30 to 9:00 pmIt's karaoke fun for the family - star on stage and sing your favorite songs!  Beer and wine for adults plus grilled cheese and pizza.  CONCERT AT MALLINCKRODT GAZEB...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
UPDATED 2019 Westerfield Square in Wilmette is a townhouse complex of approximately 41 units.  It is located just across the street from Plaza del Lago and all the shops and restaurants there. Plus - the lake is across Sheridan Road with access just a few steps away.In spite of having three levels of living, they have been extremely popular for residents that are downsizing from their family homes.  Most of the units are in sets of four along Westerfield Drive, there are two six-unit buildings on Sheridan Road, and three more units along 10th Street.They all have one garage parking spot that is separate from the units and a small walk away.  Some residents also have an additional exterior spot.Most of the townhomes have three bedrooms and are approximately 1700-1860 square feet while th...
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By Marco Amidei
(RE/MAX Suburban )
Central Elementary School, Wilmette, IL - June 2017 About Central Elementary School Central Elementary School is a K-4 school in District 39, and is located at 900 Central Avenue in Wilmette, IL. It services homes in Wilmette. Average taxes $17,107 Average association fees $1,467 ($1,121 - $6,218) Average home size 3,099 ft2 Average lot size 0.28 acres Average year built 1945 Photos of Central Elementary School  Homes for sale that attend Central Elementary School Address Beds Baths Built Price 237 Linden Ave., Wilmette, IL 4 2.1 1914 $895,000 1028 Chestnut Ave., Wilmette, IL 5 6.1 1923 $3,595,000 1500 Sheridan Rd. #9C, Wilmette, IL 3 3.0 1970 $475,000 1625 Sheridan Rd. #307, Wilmette, IL 2 2.0 1971 $199,000 518 Maple Ave., Wilmette, IL 4 3.1 2004 $1,320,000 1310 Elmwood Ave., Wilmette...
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By Marco Amidei
(RE/MAX Suburban )
McKenzie Elementary School, Wilmette, IL - June 2017 About McKenzie Elementary School McKenzie Elementary School is a K-4 school in District 39, and is located at 649 Prairie Avenue in Wilmette, IL. It services homes in Wilmette. Average taxes $11,725 Average association fees $252 ($0 - $355) Average home size 3,069 ft2 Average lot size 0.28 acres Average year built 1957 Photos of McKenzie Elementary School  Homes for sale that attend McKenzie Elementary School Address Beds Baths Built Price 306 Lawndale St., Wilmette, IL 3 2.0 1953 $619,000 2131 Parkview Ct., Wilmette, IL 5 5.1 2017 $1,249,000 1622 Central Ave., Wilmette, IL 3 2.0 1929 $498,500 537.5 Ridge Rd., Wilmette, IL 2 1.1 1950 $315,000 509 Pinecrest Ln., Wilmette, IL 5 4.0 1954 $1,145,000 1450 Lake Ave., Wilmette, IL 3 2.0 192...
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By Marco Amidei
(RE/MAX Suburban )
Highcrest Middle School, Wilmette, IL - June 2017 About Highcrest Middle School Highcrest Middle School is a 5-6 school in District 39, and is located at 569 Hunter Road in Wilmette, IL. It services homes in Glenview, Wilmette, and Winnetka. Average taxes $14,564 Average association fees $1,428 ($0 - $6,218) Average home size 3,170 ft2 Average lot size 0.30 acres Average year built 1955 Photos of Highcrest Middle School  Homes for sale that attend Highcrest Middle School Address Beds Baths Built Price 237 Linden Ave., Wilmette, IL 4 2.1 1914 $895,000 1625 Sheridan Rd. #307, Wilmette, IL 2 2.0 1971 $199,000 306 Lawndale St., Wilmette, IL 3 2.0 1953 $619,000 2131 Parkview Ct., Wilmette, IL 5 5.1 2017 $1,249,000 1622 Central Ave., Wilmette, IL 3 2.0 1929 $498,500 1221 Lake Ave., Wilmette,...
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By Marco Amidei
(RE/MAX Suburban )
Romona Elementary School, Wilmette, IL - June 2017 About Romona Elementary School Romona Elementary School is a P-4 school in District 39, and is located at 600 Romona Road in Wilmette, IL. It services homes in Glenview and Wilmette. Average taxes $10,609 Average association fees $258 ($0 - $450) Average home size 2,679 ft2 Average lot size 0.27 acres Average year built 1970 Photos of Romona Elementary School  Homes for sale that attend Romona Elementary School Address Beds Baths Built Price 231 Beverly Ln., Glenview, IL 5 4.1 1949 $749,000 2541 Wilmette Ave., Wilmette, IL 3 2.1 1958 $509,000 2932 Hartzell St., Wilmette, IL 5 3.1 1960 $514,000 321 Beverly Dr., Wilmette, IL 4 2.1 1957 $649,000 2207 Crestview Ln., Wilmette, IL 4 2.1 1958 $585,000 630 Laramie Ave., Glenview, IL 3 2.0 1964...
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By Marco Amidei
(RE/MAX Suburban )
Wilmette Junior High School, Wilmette, IL - June 2017 About Wilmette Junior High School Wilmette Junior High School is a 7-8 school in District 39, and is located at 620 Locust Road in Wilmette, IL. It services homes in Glenview, Wilmette, and Winnetka. Average taxes $14,626 Average association fees $1,008 ($1,121 - $3,009) Average home size 2,905 ft2 Average lot size 0.30 acres Average year built 1957 Photos of Wilmette Junior High School  Homes for sale that attend Wilmette Junior High School Address Beds Baths Built Price 1028 Chestnut Ave., Wilmette, IL 5 6.1 1923 $3,595,000 1500 Sheridan Rd. #9C, Wilmette, IL 3 3.0 1970 $475,000 231 Beverly Ln., Glenview, IL 5 4.1 1949 $749,000 2541 Wilmette Ave., Wilmette, IL 3 2.1 1958 $509,000 518 Maple Ave., Wilmette, IL 4 3.1 2004 $1,320,000 ...
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By Marco Amidei
(RE/MAX Suburban )
Harper Elementary School, Wilmette, IL - June 2017 About Harper Elementary School Harper Elementary School is a K-4 school in District 39, and is located at 1101 Dartmouth Street in Wilmette, IL. It services homes in Wilmette and Winnetka. Average taxes $18,128 Average association fees $363 ($0 - $672) Average home size 3,203 ft2 Average lot size 0.43 acres Average year built 1960 Photos of Harper Elementary School  Homes for sale that attend Harper Elementary School Address Beds Baths Built Price 2125 Schiller Ave., Wilmette, IL 3 3.0 1989 $429,900 701 Ridge Rd. #1D, Wilmette, IL 2 1.0 1968 $215,000 2206 Lake Ave., Wilmette, IL 3 2.0   $419,900 918 Yale St., Wilmette, IL 3 2.0 1954 $439,000 707 Harvard St., Wilmette, IL 4 4.1 2017 $1,399,000 2240 Greenwood Ave., Wilmette, IL 4 2.1 193...
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By Marco Amidei
(RE/MAX Suburban )
Marie Murphy School, Wilmette, IL - June 2017 About Marie Murphy School Marie Murphy School is a 6-8 school in District 37, and is located at 2921 Illinois Road in Wilmette, IL. It services homes in Glenview, Northfield, Wilmette, and Winnetka. Average taxes $17,238 Average association fees $1,124 ($300 - $3,792) Average home size 3,761 ft2 Average lot size 0.88 acres Average year built 1965 Photos of Marie Murphy School  Homes for sale that attend Marie Murphy School Address Beds Baths Built Price 45 Woodley Rd., Winnetka, IL 5 6.1 1952 $3,350,000 1714 Northfield Sq. #E, Northfield, IL 2 2.0 1974 $214,900 3107 Melrose Ct., Wilmette, IL 4 2.1 1962 $525,000 700 Laramie Ave., Wilmette, IL 4 2.0 1963 $349,000 69 Woodley Rd., Winnetka, IL 6 5.1 1976 $2,095,000 708 Lamon Ave., Wilmette, IL ...
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By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
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 pri...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, RealtorWilmette’s May Property sales were 58, equal to 58 in May of 2016 and 13.7% higher than the 51 sales last month. May 2017 sales were at a mid level compared to May of 2016 and 2015. May YTD sales of 195 are running 1.0% ahead of last year's year-to-date sales of 193.The Median Sales Price in May was $628,750, down -6.8% from $674,750 in May of 2016 and down -3.4% from $651,000 last month. The Average Sales Price in May was $712,465, down -7.9% from $773,589 in May of 2016 and up 0.6% from $708,038 last month. May 2017 ASP was at a mid range compared to May of 2016 and 2015.The Total Inventory of Properties available for sale as of May was 215, equal to 215 last month and down -7.3% from 232 in May of last year. May 2017 Inventory was at the lowest level compared to...
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