1985 Chicago Bears: Where are they now? dailypress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailypress.com Daily Mail and Mail on Sunday newspapers.
UpdatedFri, Feb 5, 2021 at 4:23 pm CT
Reply
Almost 450 homes were sold in Wilmette in 2020 as buyers increasingly sought spacious suburban properties. (Chicago s North Shore CVB)
WILMETTE, IL More homes were sold in Wilmette amid the coronavirus pandemic in 2020 than in any of the previous 28 years, according to local real estate data. Five homes sold for more than $3 million last year, including two neighboring properties.
High demand from buyers meant median sales prices of condos, townhomes and single-family residences in Wilmette met or exceeded the median listing price for four months last summer.
In December 2020, the median closing price and median listing price each stood at $335,000, according to Realtor.com listing data, down by 4.3 percent year-on-year.
Evanston Now
Single family home prices are up 15% from a year ago.
When the coronavirus pandemic hit Illinois in March, long-time real estate broker Mary Summerville was scared.
“I thought I would have to file for unemployment,” Summerville told Evanston Now. “How do I get through this?” she worried.
That worry was justified. According to the North Shore-Barrington Association of Realtors, new listings of single family houses in the region dropped 60% in April versus the same month in 2019, as the economy basically shut down.
But home sales have come roaring back, and Evanston is one place where that roar is really loud.