Market Stats Booklet April 2018 Market Stats | Page 7

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
Kenilworth
+ 7.1% - 25.0% + 4.9%
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 + / –
14 15 + 7.1% 105 123 + 17.1%
7 10 + 42.9% 61 55 - 9.8%
4 3 - 25.0% 54 57 + 5.6%
$824,750 $1,475,000 + 78.8% $1,132,500 $1,475,000 + 30.2%
$1,111,375 $1,401,667 + 26.1% $1,275,702 $1,538,945 + 20.6%
89.7% 88.3% - 1.6% 87.9% 90.2% + 2.6%
285 107 - 62.5% 282 207 - 26.6%
41 43 + 4.9% -- -- --
March
Attached Single-Family
Trailing 12 Months
3-2017 3-2018 + / – 3-2017 3-2018 + / –
0 0 -- 2 2 0.0%
1 0 - 100.0% 1 0 - 100.0%
0 0 -- 0 1 --
$0 $0 -- $0 $660,000 --
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
$0 $0 -- $0 $660,000 --
0.0% 0.0% -- 0.0% 94.4% --
0 0 -- 0 134 --
0 0 -- -- -- --
* 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
Kenilworth
b
Attached Single-Family
a
+ 120% + 25%
+ 100% + 20%
+ 80%
+ 60%
All MLS
Kenilworth
b
a
+ 15%
+ 10%
+ 5%
+ 40%
0%
+ 20%
- 5%
0%
- 20%
- 10%
- 15%
- 40% - 20%
- 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 - 25%
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.