Market Stats Booklet April 2018 Market Stats | Page 3
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
Evanston
- 13.6% - 25.8% - 14.8%
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 + / –
80 69 - 13.8% 738 736 - 0.3%
43 62 + 44.2% 475 470 - 1.1%
34 23 - 32.4% 486 460 - 5.3%
$451,750 $550,000 + 21.7% $522,500 $549,500 + 5.2%
$573,546 $740,439 + 29.1% $605,911 $640,789 + 5.8%
98.5% 95.2% - 3.4% 95.5% 95.5% 0.0%
90 111 + 23.3% 71 72 + 1.4%
128 101 - 21.1% -- -- --
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 + / –
96 83 - 13.5% 872 827 - 5.2%
86 73 - 15.1% 661 596 - 9.8%
55 43 - 21.8% 657 609 - 7.3%
$225,000 $245,500 + 9.1% $224,000 $250,000 + 11.6%
$260,772 $272,793 + 4.6% $265,895 $286,863 + 7.9%
96.9% 96.2% - 0.7% 94.8% 95.4% + 0.6%
74 59 - 20.3% 77 57 - 26.0%
116 107 - 7.8% -- -- --
* 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
Evanston
b
Attached Single-Family
a
All MLS
Evanston
b
a
+ 30%
+ 30%
+ 20%
+ 20%
+ 10%
+ 10%
0%
0%
- 10%
- 10%
- 20%
- 20%
- 30%
1-2009
- 30%
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
- 40%
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.