Market Stats Booklet April2017 Market Stats | Page 13

Local Market Update – March 2017
LOCAL MARKET UPDATE
March 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of April 14, 2017
CBHomes.com
Wilmette
Wilmette
+ 17.8% + 80.0% + 3.0%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
March
Detached
Detached Single-Family
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
3-2016 3-2017 + / – 3-2016 3-2017 + / –
72 90 + 25.0% 739 764 + 3.4%
36 55 + 52.8% 399 385 - 3.5%
21 32 + 52.4% 376 388 + 3.2%
$715,000 $907,500 + 26.9% $745,000 $749,500 + 0.6%
$983,310 $987,938 + 0.5% $851,066 $858,443 + 0.9%
96.0% 93.4% - 2.7% 93.7% 93.7% 0.0%
62 179 + 188.7% 77 99 + 28.6%
163 177 + 8.6% -- -- --
March
Attached Single-Family
Single-Family
Attached
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
3-2016 3-2017 + / – 3-2016 3-2017 + / –
18 16 - 11.1% 129 146 + 13.2%
14 15 + 7.1% 86 106 + 23.3%
4 13 + 225.0% 84 107 + 27.4%
$325,000 $348,000 + 7.1% $302,500 $292,500 - 3.3%
$347,875 $347,838 - 0.0% $343,676 $341,298 - 0.7%
98.7% 94.0% - 4.8% 93.7% 92.3% - 1.5%
22 68 + 209.1% 106 92 - 13.2%
39 31 - 20.5% -- -- --
* 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
Detached Single-Family
All MLS
Wilmette
b
Attached Single-Family
Attached Single-Family
All MLS
Wilmette
a
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
- 60%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
** 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 © 2017 ShowingTime.