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.