Market Stats Booklet December 2017 Market Stats | Page 13

Local Market Update – November 2017
LOCAL MARKET UPDATE
November 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2017
CBHomes.com
Wilmette
- 30.8% + 34.6% - 28.8%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
November
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
11-2016 11-2017 + / – 11-2016 11-2017 + / –
29 16 - 44.8% 729 673 - 7.7%
15 17 + 13.3% 377 369 - 2.1%
24 24 0.0% 392 371 - 5.4%
$769,500 $685,655 - 10.9% $736,750 $735,000 - 0.2%
$850,912 $1,095,367 + 28.7% $861,717 $852,593 - 1.1%
92.6% 91.0% - 1.7% 93.5% 93.1% - 0.4%
105 164 + 56.2% 97 106 + 9.3%
147 111 - 24.5% -- -- --
November
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
11-2016 11-2017 + / – 11-2016 11-2017 + / –
10 11 + 10.0% 153 135 - 11.8%
4 9 + 125.0% 97 110 + 13.4%
2 11 + 450.0% 102 110 + 7.8%
$401,000 $267,500 - 33.3% $293,750 $328,750 + 11.9%
$401,000 $289,273 - 27.9% $342,749 $365,863 + 6.7%
94.7% 91.0% - 3.9% 92.3% 92.6% + 0.3%
91 90 - 1.1% 92 101 + 9.8%
37 20 - 45.9% -- -- --
* 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.