According to data provided via the MLS, Wilmette is among the most active villages in terms of number of properties exchanging hands over the past year, with an increase in single family home sales of 19%. Much has to do with the median price point homes are selling, which in Wilmette is $605,000. Homes in the 400K-700K range are moving rapidly, however the 1 million plus homes are lingering, as Jumbo loans are harder to come by. Having said that, you are right in that not much new has come on the market of late in Wilmette.....and of the Villages comprising New Trier Township Wilmette has the least amount of inventory available, hovering around 4.6 months. So clearly if you are a seller...this is a good time to consider putting your home on the market because there is very little competition. As for buyers....this is the time you need an experienced agent who will keep you apprised of new properties as they come on, as well as have first hand information regarding properties not yet listed on the MLS. For more local information regarding Wilmette's local housing inventory visit NewTrierLiving.info .