wilmette homes

6
Homes in Wilmette Facts, figures, and helpful hints for homebuyers in Wilmette, Illinois

Upload: movoto-real-estate

Post on 21-Dec-2014

139 views

Category:

Real Estate


0 download

DESCRIPTION

Facts and figures for the real estate market in Wilmette, IL

TRANSCRIPT

Page 1: Wilmette homes

Homes in WilmetteFacts, figures, and helpful hints for homebuyers in Wilmette, Illinois

Page 2: Wilmette homes

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.

Page 3: Wilmette homes

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

Page 4: Wilmette homes

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

Page 5: Wilmette homes

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

Page 6: Wilmette homes

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