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Thursday, November 28, 2024

Wilmette home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Wilmette fell by $198,000 while total sales decreased by 25.4%, according to BlockShopper.com.

In June 2019, there were 50 homes sold, with a median sale price of $617,000 - a 24.3% decrease over the $815,000 median sale price for the same period of the previous year. There were 67 homes sold in Wilmette in June 2018.

The median sales tax in Wilmette for the most recent year with available data, 2018, was $12,277, approximately 2% of the median home sale price for June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Hinsdale6520%$906,250$590,50053.5%
Kenilworth57-28.6%$899,000$1,460,000-38.4%
Western Springs3035-14.3%$718,750$625,00015%
South Barrington10825%$697,500$692,0000.8%
La Grange3560-41.7%$620,000$412,50050.3%
Wilmette5067-25.4%$617,000$815,000-24.3%
Northfield141127.3%$532,000$477,50011.4%
Inverness171241.7%$520,000$514,2501.1%
Northbrook74697.2%$509,000$545,000-6.6%
Equestrian Estates13-66.7%$495,000$530,000-6.6%
River Forest2428-14.3%$462,500$479,500-3.5%

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