Market Stats Booklet August 2017 Market Stats | Page 13
Local Market Update – July 2017
LOCAL MARKET UPDATE
July 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of August 14, 2017
CBHomes.com
Wilmette
- 15.5% + 56.8% - 11.6%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
July
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
7-2016 7-2017 + / – 7-2016 7-2017 + / –
63 48 - 23.8% 729 711 - 2.5%
33 19 - 42.4% 398 371 - 6.8%
39 56 + 43.6% 383 398 + 3.9%
$750,000 $717,500 - 4.3% $750,000 $710,000 - 5.3%
$949,517 $844,434 - 11.1% $875,994 $825,827 - 5.7%
94.9% 93.9% - 1.1% 93.3% 93.3% 0.0%
84 116 + 38.1% 93 104 + 11.8%
192 174 - 9.4% -- -- --
7-2016 7-2017 + / – 7-2016 7-2017 + / –
8 12 + 50.0% 134 147 + 9.7%
13 7 - 46.2% 92 103 + 12.0%
July
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
5 13 + 160.0% 85 108 + 27.1%
$256,000 $370,000 + 44.5% $299,900 $345,875 + 15.3%
$285,880 $442,404 + 54.8% $339,101 $376,570 + 11.0%
89.9% 93.3% + 3.8% 92.7% 92.8% + 0.1%
92 134 + 45.7% 94 106 + 12.8%
41 32 - 22.0% -- -- --
* 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
Wilmette
b
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.