Market Stats Booklet July 2017 Market Stats | Page 13

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
Wilmette
Wilmette
- 24.8% - 14.7% - 18.8%
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 + / –
91 69 - 24.2% 745 725 - 2.7%
42 44 + 4.8% 391 385 - 1.5%
50 46 - 8.0% 390 380 - 2.6%
$841,178 $837,500 - 0.4% $745,000 $735,000 - 1.3%
$912,803 $858,335 - 6.0% $870,313 $835,189 - 4.0%
94.2% 94.0% - 0.2% 93.4% 93.4% 0.0%
100 85 - 15.0% 88 100 + 13.6%
202 171 - 15.3% -- -- --
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 + / –
18 13 - 27.8% 136 143 + 5.1%
10 14 + 40.0% 86 109 + 26.7%
18 12 - 33.3% 91 100 + 9.9%
$279,000 $472,500 + 69.4% $299,900 $316,250 + 5.5%
$315,522 $476,333 + 51.0% $343,744 $363,477 + 5.7%
93.5% 94.7% + 1.3% 93.0% 92.5% - 0.5%
76 96 + 26.3% 93 102 + 9.7%
48 32 - 33.3% -- -- --
* 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
Wilmette
b
Attached
Single-Family
Attached Single-Family
All MLS
Wilmette
a
b
a
+ 60%
+ 40%
+ 30%
+ 40%
+ 20%
+ 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. Report © 2017 ShowingTime.