Market Stats Booklet July 2018 Market Stats | Page 13

Local Market Update – June 2018
LOCAL MARKET UPDATE
June 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of July 14, 2018
CBHomes.com
Wilmette
- 21.7% + 15.5% + 0.5%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
June
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
6-2017 6-2018 + / – 6-2017 6-2018 + / –
70 51 - 27.1% 726 660 - 9.1%
46 28 - 39.1% 386 353 - 8.5%
46 58 + 26.1% 381 388 + 1.8%
$837,500 $957,000 + 14.3% $735,000 $775,000 + 5.4%
$859,313 $1,034,625 + 20.4% $835,871 $912,114 + 9.1%
94.1% 94.8% + 0.7% 93.4% 93.5% + 0.1%
85 61 - 28.2% 101 98 - 3.0%
172 177 + 2.9% -- -- --
June
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
6-2017 6-2018 + / – 6-2017 6-2018 + / –
13 14 + 7.7% 143 137 - 4.2%
14 12 - 14.3% 109 100 - 8.3%
12 9 - 25.0% 100 103 + 3.0%
$472,500 $340,000 - 28.0% $316,250 $310,000 - 2.0%
$476,333 $434,000 - 8.9% $363,477 $357,944 - 1.5%
94.7% 96.0% + 1.4% 92.5% 93.3% + 0.9%
96 37 - 61.5% 102 98 - 3.9%
32 28 - 12.5% -- -- --
* 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
All MLS
Wilmette
+ 40%
+ 30%
b
Attached Single-Family
a
All MLS
Wilmette
b
a
+ 60%
+ 40%
+ 20%
+ 20%
+ 10%
0%
0%
- 20%
- 10%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 40%
- 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
** 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.