Market Stats Booklet January 2017 Market Stats | Page 3
Local Market Update – December 2016
LOCAL MARKET UPDATE
December 2016
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2017
CBHomes.com
Evanston
Evanston
0.0% - 18.9% - 28.6%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
December
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
12-2015 12-2016 + / –
12-2015 12-2016 + / –
19 17 20 20 - 10.5% 729 734 + 0.7%
0.0% 505 482 35 - 4.6%
30 - 14.3% 492 489 - 0.6%
$540,000 $562,500 + 4.2% $504,500 $518,000 + 2.7%
$573,577 $646,983 + 12.8% $575,987 $603,377 + 4.8%
97.2% 89.5% - 7.9% 94.6% 95.1% + 0.5%
112 104 - 7.1% 83 74 - 10.8%
95 81 - 14.7% -- -- --
December
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
12-2015 12-2016 + / – 12-2015 12-2016 + / –
23 25 + 8.7% 970 866 - 10.7%
32 27 - 15.6% 652 644 - 1.2%
55 43 - 21.8% 647 652 + 0.8%
$190,000 $215,000 + 13.2% $225,000 $223,250 - 0.8%
$241,577 $256,738 + 6.3% $256,509 $262,292 + 2.3%
91.1% 92.2% + 1.2% 93.2% 94.4% + 1.3%
95 77 - 18.9% 92 83 - 9.8%
164 104 - 36.6% -- -- --
* 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
Evanston
b
Single-Family
Attached Single-Family
a
All MLS
Evanston
b
a
+ 30%
+ 30%
+ 20%
+ 20%
+ 10%
+ 10%
0%
0%
- 10%
- 10%
- 20%
- 20%
- 30%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
- 40%
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.