Market Stats Booklet July 2017 Market Stats | Page 12

Local Market Update – June 2017
LOCAL MARKET UPDATE
June 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of July 14, 2017
CBHomes.com
Skokie
Skokie
+ 5.3% + 1.0% - 23.2%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
June
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
6-2016 6-2017 + / – 6-2016 6-2017 + / –
81 86 + 6.2% 883 800 - 9.4%
54 45 - 16.7% 537 479 - 10.8%
69 62 - 10.1% 524 517 - 1.3%
$344,000 $332,500 - 3.3% $310,000 $315,000 + 1.6%
$374,425 $358,038 - 4.4% $330,357 $341,278 + 3.3%
96.4% 97.8% + 1.5% 94.9% 95.6% + 0.7%
80 62 - 22.5% 78 75 - 3.8%
169 147 - 13.0% -- -- --
June
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
6-2016 6-2017 + / – 6-2016 6-2017 + / –
50 52 + 4.0% 465 473 + 1.7%
24 36 + 50.0% 260 300 + 15.4%
28 36 + 28.6% 272 278 + 2.2%
$171,000 $193,750 + 13.3% $165,000 $182,000 + 10.3%
$186,016 $222,833 + 19.8% $188,933 $200,780 + 6.3%
94.8% 94.2% - 0.6% 93.6% 94.2% + 0.6%
143 67 - 53.1% 90 86 - 4.4%
120 75 - 37.5% -- -- --
* 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
Detached Single-Family
All MLS
Skokie
b
Attached
Single-Family
Attached Single-Family
All MLS
Skokie
a
+ 25% + 50%
+ 20% + 40%
+ 15%
b
a
+ 30%
+ 10%
+ 20%
+ 5%
+ 10%
0%
0%
- 5%
- 10%
- 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.