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Monday, October 21, 2019

Wilmette home prices fall in January 2019

Real Estate

By Local Labs News Service | Feb 7, 2019


The median sale price of a home sold in January 2019 in Wilmette fell by $20,000 while total sales decreased by 44.1%, according to BlockShopper.com.

In January 2019, there were 19 homes sold, with a median sale price of $575,000 - a 3.4% decrease over the $595,000 median sale price for the same period of the previous year. There were 34 homes sold in Wilmette in January 2018.

The median sales tax in Wilmette for the most recent year with available data, 2017, was $12,133, approximately 2.1% of the median home sale price for January 2019.

The following table compares Wilmette to other Cook County cities with similar median sales prices in January 2019:

City
Jan. 2019 Home Sales
Jan. 2018 Home Sales
% change (Total Home Sales)
Jan. 2019 Median Sales Price
Jan. 2018 Median Sales Price
% change (Median Sales Price)
River Forest
8
13
-38.5%
$657,500
$455,000
44.5%
Hinsdale
2
4
-50%
$643,000
$570,000
12.8%
South Barrington
6
5
20%
$640,500
$850,000
-24.6%
Western Springs
11
15
-26.7%
$630,000
$465,000
35.5%
Inverness
2
8
-75%
$623,000
$575,000
8.3%
Wilmette
19
34
-44.1%
$575,000
$595,000
-3.4%
Barrington
6
9
-33.3%
$481,250
$315,000
52.8%
Burr Ridge
1
3
-66.7%
$466,000
$640,000
-27.2%
La Grange
7
18
-61.1%
$465,000
$387,500
20%
Deercrest Estates
1
4
-75%
$460,000
$267,500
72%
Lemont
11
17
-35.3%
$425,000
$242,500
75.3%

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