|Our clients are looking to move from Chicago to Wilmette for a larger yard. All photos Eric Rojas, Broker, Kale Realty.|
We've been hot on the trail of Wilmette single family homes priced in the $900,000 to $1.2M range this year. Despite acting quickly and aggressively each purchase offer we've made has resulted in a multiple offer situation. We suffered a loss just last weekend. Rising interest rates have not seemed to affect demand in this price-point...yet.
Let's take a look at recent Wilmette single family home sales.
Wilmette Single Family Home Sales January 1st to June 25th (year over year)
|$2,000,000 is a mere drop in the bucket for Wilmette lakefront homes. All photos Eric Rojas, Broker, Kale Realty.|
162 single family homes have sold in Wilmette from January 1st to June 25th of 2022. The median price of a sold home is $900,000. Thirteen homes sold for over $2M. That's only two less than the past five years combined (same period year over year).
The lowest priced sold home this year is 535 Leclaire Avenue, Wilmette IL 60091 for $292,600.
How do the 2022 first-half sales stack up against the pre-pandemic market?
In 2019, 186 homes sold with a median price of $619,000. Interestingly no homes sold over $2M