Market Stats Booklet April 2018 Market Stats | Page 13
Local Market Update – March 2018
LOCAL MARKET UPDATE
March 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of April 14, 2018
CBHomes.com
Wilmette
- 18.9% - 26.7% - 13.9%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
March
Detached Single-Family
New Listings
Under Contract (includes Contingent and Pending)
Closed Sales
Median Sales Price*
Average Sales Price*
Percent of Original List Price Received*
Average Market Time
Inventory of Homes for Sale at Month End
Trailing 12 Months
3-2017 3-2018 + / – 3-2017 3-2018 + / –
90 74 - 17.8% 764 653 - 14.5%
53 47 - 11.3% 385 362 - 6.0%
32 27 - 15.6% 388 373 - 3.9%
$907,500 $760,000 - 16.3% $749,500 $725,000 - 3.3%
$987,938 $890,759 - 9.8% $858,443 $872,319 + 1.6%
93.4% 93.2% - 0.2% 93.7% 92.9% - 0.9%
179 138 - 22.9% 99 111 + 12.1%
178 160 - 10.1% -- -- --
March
Attached Single-Family
New Listings
Under Contract (includes Contingent and Pending)
Closed Sales
Median Sales Price*
Average Sales Price*
Percent of Original List Price Received*
Average Market Time
Inventory of Homes for Sale at Month End
Trailing 12 Months
3-2017 3-2018 + / – 3-2017 3-2018 + / –
16 12 - 25.0% 146 134 - 8.2%
15 12 - 20.0% 106 105 - 0.9%
13 6 - 53.8% 107 104 - 2.8%
$348,000 $372,000 + 6.9% $292,500 $311,000 + 6.3%
$347,838 $355,417 + 2.2% $341,298 $363,192 + 6.4%
94.0% 97.1% + 3.3% 92.3% 93.1% + 0.9%
68 51 - 25.0% 92 106 + 15.2%
31 20 - 35.5% -- -- --
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Change in Median Sales Price from Prior Year (6-Month Average)**
Detached Single-Family
All MLS
Wilmette
b
Attached Single-Family
a
All MLS
Wilmette
b
a
+ 60%
+ 40%
+ 30%
+ 40%
+ 20%
+ 20%
+ 10%
0%
0%
- 20%
- 10%
- 40%
- 20%
- 30%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
- 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.
This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
All data from Midwest Real Estate Data LLC. Report © 2018 ShowingTime.