Market Stats Booklet July 2017 Market Stats | Page 3

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
Evanston
Evanston
+ 27.3% - 3.1% - 12.7%
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 + / –
74 99 + 33.8% 744 739 - 0.7%
52 53 + 1.9% 493 468 - 5.1%
79 68 - 13.9% 488 487 - 0.2%
$590,000 $656,000 + 11.2% $522,250 $535,000 + 2.4%
$650,509 $718,319 + 10.4% $591,333 $616,613 + 4.3%
96.2% 96.8% + 0.6% 95.1% 95.7% + 0.6%
61 79 + 29.5% 77 69 - 10.4%
134 139 + 3.7% -- -- --
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 + / –
76 92 + 21.1% 894 867 - 3.0%
71 61 - 14.1% 690 641 - 7.1%
80 86 + 7.5% 680 671 - 1.3%
$225,000 $244,500 + 8.7% $225,000 $235,000 + 4.4%
$255,494 $285,607 + 11.8% $254,798 $277,395 + 8.9%
96.2% 96.7% + 0.5% 93.9% 95.1% + 1.3%
66 41 - 37.9% 88 67 - 23.9%
157 115 - 26.8% -- -- --
* 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
Evanston
b
Attached
Single-Family
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 © 2017 ShowingTime.