|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