Market Stats Booklet April 2018 Market Stats | Page 4

+ 20.5 % + 180.0 %
- 9.2 %
CBHomes . com

Glencoe

+ 20.5 % + 180.0 %

Change in New Listings All Properties
LOCAL MARKET UPDATE March 2018
Change in Closed Sales All Properties

- 9.2 %

Change in Inventory of Homes All Properties
Detached Single-Family
3-2017 3-2018 + / – 3-2017 3-2018 + / –
New Listings
37
42
+ 13.5 %
311
328
+ 5.5 %
Under Contract ( includes Contingent and Pending )
21
17
- 19.0 %
133
153
+ 15.0 %
Closed Sales
4
12
+ 200.0 %
131
158
+ 20.6 %
Median Sales Price *
$ 590,000
$ 700,500
+ 18.7 %
$ 950,000
$ 911,000
- 4.1 %
Average Sales Price *
$ 846,250
$ 746,500
- 11.8 %
$ 1,165,462
$ 1,151,407
- 1.2 %
Percent of Original List Price Received *
85.1 %
83.5 %
- 1.9 %
91.0 %
89.4 %
- 1.8 %
Average Market Time
128
211
+ 64.8 %
167
160
- 4.2 %
Inventory of Homes for Sale at Month End
102
94
- 7.8 %
--
--
--
Attached Single-Family
March
March
3-2017 3-2018 + / – 3-2017 3-2018 + / –
New Listings
2
5
+ 150.0 %
23
16
- 30.4 %
Under Contract ( includes Contingent and Pending )
1
1
0.0 %
14
11
- 21.4 %
Closed Sales
1
2
+ 100.0 %
16
12
- 25.0 %
Median Sales Price *
$ 252,000
$ 228,000
- 9.5 %
$ 235,000
$ 172,500
- 26.6 %
Average Sales Price *
$ 252,000
$ 228,000
- 9.5 %
$ 244,625
$ 217,917
- 10.9 %
Percent of Original List Price Received *
91.8 %
110.0 %
+ 19.8 %
93.6 %
95.1 %
+ 1.6 %
Average Market Time
45
79
+ 75.6 %
83
188
+ 126.5 %
Inventory of Homes for Sale at Month End
7
5
- 28.6 %
--
--
--
* 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 )**
Trailing 12 Months
Trailing 12 Months
Detached Single-Family
+ 50 %
All MLS
Glencoe
b
a
Attached Single-Family
+ 150 %
All MLS
Glencoe
b
a
+ 40 %
+ 30 %
+ 100 %
+ 20 %
+ 10 %
+ 50 %
0 %
0 %
- 10 %
- 20 %
- 50 %
- 30 %
- 40 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
- 100 %
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 .