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Wilmette, IL 60091

Single-Family Homes

312-961-6212



Wilmette, IL 60091

Sun Aug 01 2021
This week the median list price for Wilmette, IL 60091 is $699,000 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has decreased to 67. Click here to stay informed with the Wilmette market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Wilmette, IL 60091

Sun Aug 01 2021
This week the median list price for Wilmette, IL 60091 is $699,000 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has decreased to 67. Click here to stay informed with the Wilmette market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Wilmette market.
Median List Price $699,000
Median Price of New Listings $650,000
Per Square Foot $298
Average Days on Market 80
Median Days on Market 49
Price Decreased 60%
Price Increased 0%
Relisted 36%
Inventory 67
Median Rent $3,200
Market Action 45
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,522,000 4,536 0.25 - 0.5 acre 5 4 68 1 1 73
$899,000 3,468 0.25 - 0.5 acre 4 3 63 1 2 49
$650,000 2,400 6,500 - 8,000 sqft 3 2 64 2 3 28
$519,870 1,630 8,000 - 10,000 sqft 3 2 65 3 2 35