Wilmette, IL Real Estate News

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
(Baird & Warner Real Estate)
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
(Baird & Warner Real Estate)
 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
(Baird & Warner Real Estate)
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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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
UPDATED 2019  Yes! If you have a relationship with your agent, it's normal to have that person list your home and help you find a new home. As long as you are moving within the same geographical area, I see no problems with that scenario.No! When you are moving from, say, Chicago to Winnetka. There could be some inherent troubles with agents not being familiar with your new chosen town.I was asked today if I would work for a couple who would like to sell their condo in Chicago and also help them buy a new home in one of the North Shore communities like Winnetka, Wilmette, or Glenview. They wanted the same agent to handle both sales. My answer was that I would be thrilled to help them buy a home here - but that I would not be their best choice as a listing agent in the city.I get to down...
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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 44, down -22.8% from 57 in July of 2015 and -35.3% lower than the 68 sales last month. July 2016 sales were at their lowest level compared to July of 2015 and 2014. July YTD sales of 305 are running 7.0% ahead of last year's year-to-date sales of 285. The Median Sales Price in July was $744,500, up 11.3% from $669,000 in July of 2015 and up 9.1% from $682,500 last month. The Average Sales Price in July was $874,103, up 11.1% from $786,558 in July of 2015 and up 15.8% from $754,699 last month. July 2016 ASP was at highest level compared to July of 2015 and 2014. The Total Inventory of Properties available for sale as of July was 220, down -8.3% from 240 last month and down -7.6% from 238 in July of last year. July 2016 Inventory w...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
UPDATED 2019 Today, most good agents use professional photographers to take the pictures of their listings.  The color is balanced, they are sharp, and they always show so much of each room.  Wide angles lenses allow more of the scene to be included in the photograph. They ideally work for interior situations when the photographer cannot walk backwards far enough to get the whole picture. Sometimes a very small space can look deceivingly spacious, thus disappointing the prospective buyer who had pored over all the online photos.But that's not what I'm talking about when I say the real estate phtographs lie.  Using a wide-angle lens distorts and exaggerates, but most savvy buyers understand that nowadays.     Not the home I showed, but you get the idea What if the deception is done on pu...
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By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
The last month we have had so much fun attending the Wilmette IL Thursday Night Concerts at Plaza del Lago. It is a free event and something we have been going to for years now. You bring a chair or just dance the night away. This is one musical event that people really look forward to and if you do not know about this it is not too late to check it out. The village of Wilmette puts on this concert and the local stores sponsor it and do a fantastic job.You can get great food, there are so many restaurants that serve just about anything you would ever have a taste for and then you boogie from 6pm until 8 pm. The wide variety of different bands playing is great. I have always enjoyed myself and bet you would too. People of all ages attend this musical event to celebrate the Summer in the ...
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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 68, down -11.7% from 77 in June of 2015 and 17.2% higher than the 58 sales last month. June 2016 sales were at a mid level compared to June of 2015 and 2014. June YTD sales of 261 are running 14.5% ahead of last year's year-to-date sales of 228. The Median Sales Price in June was $682,500, up 1.9% from $670,000 in June of 2015 and up 1.1% from $674,750 last month. The Average Sales Price in June was $754,699, down -2.3% from $772,713 in June of 2015 and down -2.4% from $773,589 last month. June 2016 ASP was at the lowest level compared to June of 2015 and 2014. The Total Inventory of Properties available for sale as of June was 239, up 5.8% from 226 last month and up 4.8% from 228 in June of last year. June 2016 Inventory was at ...
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By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
We now have the Wilmette IL Real Estate market report for July 2016. Today we are going to take a look at how Wilmette Real Estate is doing in the last month through July 14th 2016 as compared to the same time frame, last year. First the whole market, all types of properties. We have a 9% gain in new listings and 11.7% less closed sales. The good news is that Wilmette has a 7.5% gain in inventory of all types of property combined. Still the sales are booming in Wilmette and shows a great opportunity for buyers and sellers to live in one of my favorite communities. Kids have excellent schools and end up going to New Trier where I graduated in 1976.As for a look at the single family house situation in Wilmette IL we have a 4.6% gain in new listings, a 7.5% gain in under contract houses bu...
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By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
 2016 has been an unusual year for real estate in the North Shore suburbs of Winnetka, Kenilworth, Wilmette, Glencoe, and Northfield.  Almost across the board, we have had a surplus of inventory with long market times for sales.  This is very unlike much of the country that is experiencing low inventory and quick sales.My drumbeat is:  real estate is local.  But the reasons are not certain and everyone has an opinion.  From tax hikes and high prices to blaming it on the Millenials, no one knows for sure.  The only thing I know for sure is that prices are down and buyers are picky - we have a solid buyer's market.I have compared the first six months of 2016 to the same period in 2015 and here's what I found. Winnetka -  the average home price dropped by 5.5% and market time increased fro...
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By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
It is interesting, a few of the communities celebrate their fireworks on the 3rd of July and some and tradition would be tonight on the 4th. The city of Chicago does it on July 3rd as well as Wilmette in Gilson Park Beach. We went there last night and had a great time. There were thousands of people enjoying the evening at a perfect 70 degrees and then tonight we have our Forth of July Parade in Evanston and the Fireworks are this evening. So I get to enjoy the festivities two night in a row. What a great weekend I am having.I hope that everyone reading this is enjoying the weekend and feeling great. Whatever you are doing I want to wish you all the best and I want to say Peace and Love to the world and hooray to this wonderful celebration. Happy Forth of July to America!This video was ...
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By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
The Wilmette IL Real Estate scene continues to be extremely active and shows no signs of backing down. It is a great opportunity for both home buyers and sellers at this point and today we will discuss the stats. Viewing the complete market we have a 9.8% gain in new listings of all types of properties, that is condos, single family houses and town homes. Wilmette IL Real Estate has a 20.8% gain in closed sales for this period which is the last month and through June 14th. We have a 7.5% gain in the change of inventory. Wilmette IL is a very popular community to live in and raise a family.Taking a look at the Wilmette Il Real Estate scene for single family homes, we have a 10.6% gain in new listings this month with 82 homes entering the market and last year at this time, last year it wa...
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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 57, up 18.8% from 48 in May of 2015 and -3.4% lower than the 59 sales last month. May 2016 sales were at their highest level compared to May of 2015 and 2014. May YTD sales of 192 are running 27.2% ahead of last year's year-to-date sales of 151. The Median Sales Price in May was $683,500, up 14.5% from $597,000 in May of 2015 and down -3.0% from $705,000 last month. The Average Sales Price in May was $776,634, up 17.1% from $663,333 in May of 2015 and up 0.4% from $773,342 last month. May 2016 ASP was at a mid range compared to May of 2015 and 2014. The Total Inventory of Properties available for sale as of May was 220, up 7.3% from 205 last month and up 1.9% from 216 in May of last year. May 2016 Inventory was at highest level co...
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