The numbers are just in showing how the single-family housing market in Wilmette and Kenilworth compare from June 2012 to June 2013. Highlights for Wilmette: +5.3% change in new listings for all properties, +22.8% change in closed sales all properties, -10.5% change in inventory of homes all properties.
Kenilworth highlights: -12.5% change in new listings all properties, +14.3% change in closed sales all properties, -8.3% change in inventory of homes all properties.
For detached homes in Wilmette, there has been a 5.4% increase in number of closed sales in June 2013 compared to June 2012. The average market time has gone from 111 days to 50, a reduction of -55.2%.
For detached homes in Kenilworth, the market time decreased from 155 days to 111, a -28.7% decrease. There was one more closed sale, 8 in June 2013, and 7 in 2012. However, the average sales price increased from $1,086,786 in June 2012, to $2,042,500 in June 2013, +87.9%.
We are in a fast-moving market where buyers are active, and it's a great time to be a seller because of the reduced inventory of homes. If you're a potential seller and would like to get the complete picture of what your home could be priced at, or, if you're a buyer, would like to see data on current local housing values and take a look at some properties for sale, please contact Joan Conlisk at Koenig & Strey - 847-721-5690, jconlisk@koenigstrey.com.
