Market Stats Booklet February 2018 Market Stats | Page 3

Local Market Update – December 2017
LOCAL MARKET UPDATE
January 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2018
CBHomes.com
Evanston
- 17.9% 0.0% + 6.4%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
December
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
12-2016 12-2017 + / – 12-2016 12-2017 + / –
17 10 - 41.2% 732 751 + 2.6%
19 18 - 5.3% 479 465 - 2.9%
30 33 + 10.0% 488 465 - 4.7%
$562,500 $450,000 - 20.0% $519,000 $535,000 + 3.1%
$646,983 $534,379 - 17.4% $603,978 $622,930 + 3.1%
89.5% 94.7% + 5.8% 95.1% 95.7% + 0.6%
104 64 - 38.5% 74 72 - 2.7%
84 95 + 13.1% -- -- --
December
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
12-2016 12-2017 + / – 12-2016 12-2017 + / –
22 22 0.0% 866 869 + 0.3%
27 19 - 29.6% 644 626 - 2.8%
43 40 - 7.0% 652 630 - 3.4%
$215,000 $219,000 + 1.9% $223,250 $245,000 + 9.7%
$256,738 $246,580 - 4.0% $262,292 $279,338 + 6.5%
92.2% 93.9% + 1.8% 94.4% 95.5% + 1.2%
77 83 + 7.8% 83 57 - 31.3%
104 105 + 1.0% -- -- --
* 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
Evanston
b
Attached Single-Family
All MLS
Evanston
a
b
a
+ 30%
+ 30%
+ 20%
+ 20%
+ 10%
+ 10%
0%
0%
- 10%
- 10%
- 20%
- 20%
- 30%
1-2009
- 30%
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 © 2018 ShowingTime.