wilmette homes
DESCRIPTION
Facts and figures for the real estate market in Wilmette, ILTRANSCRIPT
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Homes in WilmetteFacts, figures, and helpful hints for homebuyers in Wilmette, Illinois
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Wilmette Real Estate Market History
• Home Inventory saw a drop in late 2010▫Stock began rising in
February, mostly recovered by now
• Home prices in Wilmette have remained largely stable over the last year▫List price well above
Illinois median
Wilmette home inventory (top) and median list price (lower) over the past 12 months.
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Wilmette Household stats•Most Wilmette
households are married couples▫Majority of these couples
have children•Large majority of
households earn over $75,000 annually
•About one half of households are comprised of 2 or 3 people
data courtesy US Census Bureau
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Housing Characteristics in Wilmette
•Roughly 40% of homes have less than 7 rooms
•Large majority contain 3 or more bedrooms•Very few homes built since 1990
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Owning vs Renting
•Nearly 90% of properties are occupied by their owner
•Very few monthly rents fall below $600
•Significant proportion of monthly rents exceed $1,000
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Wilmette Real Estate Agents
• Choosing either seasoned or inexperienced agents seriously impacts the
quality of your homebuying experience
• Movoto agents are hand-selected for experience, performance, and client
feedback
• Avoid the headaches many homebuyers suffer
▫ Make certain your agent is competent before deciding to partner with one!
price reductions in Wilmette may be falling, but finding a great agent is the first step to finding an equally great deal