Market Stats Booklet August 2017 Market Stats | Page 12

+ 31.8 % + 7.3 %
- 6.5 %
CBHomes . com

Skokie

+ 31.8 % + 7.3 %

Change in New Listings All Properties
LOCAL MARKET UPDATE July 2017
Change in Closed Sales All Properties

- 6.5 %

Change in Inventory of Homes All Properties
Detached Single-Family
7-2016 7-2017 + / – 7-2016 7-2017 + / –
New Listings
69
96
+ 39.1 %
857
827
- 3.5 %
Under Contract ( includes Contingent and Pending )
42
44
+ 4.8 %
522
474
- 9.2 %
Closed Sales
66
46
- 30.3 %
525
497
- 5.3 %
Median Sales Price *
$ 299,500
$ 342,500
+ 14.4 %
$ 310,000
$ 318,500
+ 2.7 %
Average Sales Price *
$ 334,760
$ 360,837
+ 7.8 %
$ 332,716
$ 343,954
+ 3.4 %
Percent of Original List Price Received *
96.8 %
94.3 %
- 2.6 %
95.1 %
95.3 %
+ 0.2 %
Average Market Time
68
74
+ 8.8 %
79
76
- 3.8 %
Inventory of Homes for Sale at Month End
163
178
+ 9.2 %
--
--
--
Attached Single-Family
7-2016 7-2017 + / – 7-2016 7-2017 + / –
New Listings
38
45
+ 18.4 %
454
480
+ 5.7 %
Under Contract ( includes Contingent and Pending )
26
27
+ 3.8 %
258
300
+ 16.3 %
Closed Sales
16
42
+ 162.5 %
262
304
+ 16.0 %
Median Sales Price *
$ 192,450
$ 193,500
+ 0.5 %
$ 166,500
$ 183,500
+ 10.2 %
Average Sales Price *
$ 182,019
$ 196,895
+ 8.2 %
$ 191,313
$ 201,231
+ 5.2 %
Percent of Original List Price Received *
96.0 %
94.1 %
- 2.0 %
93.9 %
94.1 %
+ 0.2 %
Average Market Time
39
56
+ 43.6 %
90
84
- 6.7 %
Inventory of Homes for Sale at Month End
113
80
- 29.2 %
--
--
--
July
July
* 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
+ 25 %
All MLS
Skokie
b
a
Attached Single-Family
+ 50 %
All MLS
Skokie
b
a
+ 20 %
+ 40 %
+ 15 %
+ 30 %
+ 10 %
+ 20 %
+ 5 %
0 %
- 5 %
+ 10 %
0 %
- 10 %
- 10 %
- 15 %
- 20 %
- 20 %
- 30 %
- 25 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 40 %
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 .