Altos Market Data for Realtors

Wilmette, IL

Single-Family Homes

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Wilmette, IL

Tue Sep 21 2021
This week the median list price for Wilmette, IL is $687,000 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has decreased to 54. 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.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Wilmette, IL

Tue Sep 21 2021
This week the median list price for Wilmette, IL is $687,000 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has decreased to 54. 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.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Wilmette market.
Median List Price $687,000
Median Price of New Listings $674,000
Per Square Foot $307
Average Days on Market 104
Median Days on Market 60
Price Decreased 43%
Price Increased 2%
Relisted 28%
Inventory 54
Median Rent $3,300
Market Action 42
Slight Seller's Advantage

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,695,000 5,449 0.25 - 0.5 acre 6 5 69 2 1 112
$819,000 3,468 0.25 - 0.5 acre 4 3 63 3 4 42
$625,000 1,755 8,000 - 10,000 sqft 3 2 65 3 1 56
$549,000 1,751 8,000 - 10,000 sqft 3 2 64 2 0 70