Market Stats Booklet December 2017 Market Stats | Page 3

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
Evanston
- 2.8% + 4.2% - 1.2%
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 + / –
25 36 + 44.0% 734 757 + 3.1%
18 32 + 77.8% 480 468 - 2.5%
36 36 0.0% 493 462 - 6.3%
$486,500 $501,250 + 3.0% $518,000 $540,000 + 4.2%
$615,307 $539,833 - 12.3% $599,203 $630,817 + 5.3%
94.9% 92.6% - 2.4% 95.6% 95.4% - 0.2%
81 80 - 1.2% 71 69 - 2.8%
105 122 + 16.2% -- -- --
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 + / –
46 33 - 28.3% 866 868 + 0.2%
30 37 + 23.3% 649 634 - 2.3%
35 38 + 8.6% 664 633 - 4.7%
$271,000 $229,750 - 15.2% $220,000 $245,000 + 11.4%
$296,786 $242,071 - 18.4% $261,187 $279,873 + 7.2%
95.9% 93.2% - 2.8% 94.3% 95.4% + 1.2%
76 72 - 5.3% 83 57 - 31.3%
139 119 - 14.4% -- -- --
* 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
Evanston
b
Attached Single-Family
All MLS
Evanston
a
b
a
+ 30%
+ 25%
+ 20%
+ 20%
+ 15%
+ 10%
+ 10%
+ 5%
0%
0%
- 10%
- 5%
- 10%
- 20%
- 15%
- 30%
- 20%
- 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.