Market Stats Booklet February 2017 Market Stats | Page 13

Local Market Update – January 2017
LOCAL MARKET UPDATE
January 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2017
CBHomes.com
Wilmette
Wilmette
+ 1.2% - 25.9% + 11.4%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
January
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
Trailing 12 Months
1-2016 1-2017 + / – 1-2016
1-2017 + / –
69 74 + 7.2% 29 27 - 6.9% 742 740 - 0.3%
388 377 22 17 - 2.8%
- 22.7% 376 380 + 1.1%
$672,500 $834,784 $600,000 - 10.8% $762,500 $740,000 - 3.0%
$738,962 - 11.5% $876,264 $854,688 - 2.5%
90.6% 93.2% + 2.9% 93.7% 93.7% 0.0%
110 70 - 36.4% 75 92 + 22.7%
128 144 + 12.5% -- -- --
January
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
1-2016 1-2017 + / – 1-2016 1-2017 + / –
14 10 - 28.6% 118 149 + 26.3%
4 7 + 75.0% 86 99 + 15.1%
5 3 - 40.0% 82 99 + 20.7%
$269,000 $255,000 - 5.2% $298,950 $292,500 - 2.2%
$260,580 $301,667 + 15.8% $337,870 $340,858 + 0.9%
93.6% 84.0% - 10.3% 93.0% 92.4% - 0.6%
101 147 + 45.5% 110 90 - 18.2%
30 32 + 6.7% -- -- --
* 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 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. Powered by ShowingTime 10K.