Health & Fitness
Wilmette's November Homes Sales
Contracts written on Wilmette homes in November were up 75 percent.
There were 14 single-family home closings in Wilmette this November. That is down from November of 2011 when 18 homes closed so it was not a great month for closings.
However, the number of contracts written on Wilmette homes this November was 21 which compares with only 12 written in November of 2011. That is a 75 percent increase in contracts written.
I think this bodes well for the market in 2013.
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Typically the market is fairly quiet in November, but this year, it is continuing to chug right along. It appears to be setting the stage for a strong 2013 market that will likely kick into gear earlier than is typical.
In addition, inventory is extremely low. There are just 72 single-family homes actively on the market right now that are not under contract. That is about a two-and-a-half month supply.
Find out what's happening in Wilmette-Kenilworthwith free, real-time updates from Patch.
Homeowners wanting to sell in 2013 should get their homes on early in the year to take advantage of this low inventory and the fact that there are active buyers in the market.
Here are the homes that closed this November:
Street #
Street Name
MT
Original List Price
Sold Price
801
Leamington Ave.
70
$219,900
$219,900
636
Leamington Ave.
10
$279,000
$271,000
3303
Wilmette Ave.
11
$335,000
$341,000
2940
Lake Ave.
125
$430,000
$375,000
1303
Maple Ave.
20
$525,000
$495,000
1216
Middlebury Ln.
188
$619,000
$550,000
701
Linden Ave.
52
$650,000
$600,000
220
Locust Rd.
41
$679,900
$670,000
115
DuPee Pl.
4
$715,000
$715,000
2611
Kenilworth Ave.
5
$739,000
$719,500
435
Cove Ln.
137
$899,000
$740,000
311
4th St.
63
$850,000
$786,000
629
Gregory Ave.
8
$1,049,000
$1,000,000
1327
Washington Ave.
64
$1,295,000
$1,250,000