Market Stats Booklet April 2018 Market Stats | Page 5

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
Glenview
- 3.0% + 10.3% - 18.3%
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 + / –
153 125 - 18.3% 1,247 1,083 - 13.2%
89 58 - 34.8% 609 534 - 12.3%
39 49 + 25.6% 568 576 + 1.4%
$460,000 $540,000 + 17.4% $542,500 $560,000 + 3.2%
$608,568 $580,959 - 4.5% $636,177 $635,613 - 0.1%
93.8% 94.0% + 0.2% 94.0% 94.4% + 0.4%
140 135 - 3.6% 99 109 + 10.1%
287 224 - 22.0% -- -- --
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 + / –
48 70 + 45.8% 464 461 - 0.6%
25 29 + 16.0% 283 304 + 7.4%
19 15 - 21.1% 280 315 + 12.5%
$250,000 $272,350 + 8.9% $252,000 $305,000 + 21.0%
$286,618 $295,257 + 3.0% $301,259 $326,454 + 8.4%
96.3% 96.5% + 0.2% 94.6% 95.6% + 1.1%
54 56 + 3.7% 60 73 + 21.7%
95 88 - 7.4% -- -- --
* 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
Glenview
b
Attached Single-Family
a
+ 40% + 100%
+ 30% + 80%
+ 20%
All MLS
Glenview
b
a
+ 60%
+ 10%
+ 40%
0%
+ 20%
- 10%
0%
- 20%
- 20%
- 30%
- 40%
1-2009
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.