Market Stats Booklet December 2016 Market Stats | Page 14

Local Market Update – November 2016
LOCAL MARKET UPDATE
November 2016
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2016
CBHomes.com
Wilmette
Wilmette
+ 18.2% - 3.7% + 9.4%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
November
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
11-2015 11-2016
28 21
Trailing 12 Months
+ / – 11-2015 11-2016 + / –
29 + 3.6% 710 730 + 2.8%
15 - 28.6% 378 383 + 1.3%
23 24 + 4.3% 367 392 + 6.8%
$775,000 $769,500 - 0.7% $735,000 $736,750 + 0.2%
$925,826 $850,912 - 8.1% $862,491 $861,717 - 0.1%
90.4% 92.6% + 2.4% 94.2% 93.5% - 0.7%
117 105 - 10.3% 69 97 + 40.6%
129 139 + 7.8% -- -- --
November
Attached
Attached 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
11-2015 11-2016 + / – 11-2015 11-2016 + / –
5 10 + 100.0% 116 154 + 32.8%
7 4 - 42.9% 88 98 + 11.4%
4 2 - 50.0% 80 102 + 27.5%
$379,000 $401,000 + 5.8% $298,950 $293,750 - 1.7%
$366,500 $401,000 + 9.4% $331,643 $342,749 + 3.3%
91.1% 94.7% + 4.0% 93.4% 92.3% - 1.2%
286 91 - 68.2% 105 92 - 12.4%
31 36 + 16.1% -- -- --
* 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
Single-Family
Detached
All MLS
Wilmette
b
Single-Family
Attached Single-Family
a
+ 40% + 60%
+ 30% + 40%
+ 20%
All MLS
Wilmette
b
a
+ 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
- 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
** 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. Powered by ShowingTime 10K.