I am interested to know how much condo/coops have depreciated in Wilmette in the past five or six years.

Asked by Fasorensen, Wilmette, IL Mon Nov 25, 2013

How does that data compare to depreciation of condo/coops on the North Shore as a whole.

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John Nash, Agent, Evanston, IL
Tue Nov 26, 2013
Here is how the how the average sale price for attached homes (condo, coop, townhouse) in Wlmette has changed in the past six years: 2007 = 466K; 2008 = 462K; 2009 = 331K; 2010 = 327K; 2011 = 280K; 2012 = 287K; and 2013 = 298K.

The market has begun to recover after the steep declines experienced primarily in 2009 to 2011, but it has quite a way to go and the condo market has not recovered to the same extent as the market for detached houses has.
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Noah Seidenb…, Agent, Evanston, IL
Mon Nov 25, 2013
The Wilmette real estate market as well as the rest of the north shore of Chicago is on the rise. Things are looking up, property is appreciating.
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