Market Stats Booklet July 2018 Market Stats | Page 3

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
Evanston
- 5.7% - 18.2% + 14.9%
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 + / –
100 83 - 17.0% 741 746 + 0.7%
52 36 - 30.8% 463 447 - 3.5%
68 66 - 2.9% 487 467 - 4.1%
$656,000 $565,000 - 13.9% $535,000 $548,000 + 2.4%
$718,319 $633,806 - 11.8% $616,613 $634,599 + 2.9%
96.8% 95.3% - 1.5% 95.7% 95.2% - 0.5%
79 63 - 20.3% 69 74 + 7.2%
146 143 - 2.1% -- -- --
+ / – 6-2017 6-2018
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
+ / –
92 98 + 6.5% 867 859 - 0.9%
59 51 - 13.6% 642 563 - 12.3%
86 60 - 30.2% 671 577 - 14.0%
$244,500 $252,250 + 3.2% $235,000 $250,000 + 6.4%
$285,607 $278,318 - 2.6% $277,395 $279,705 + 0.8%
96.7% 95.7% - 1.0% 95.1% 95.1% 0.0%
41 42 + 2.4% 67 60 - 10.4%
115 157 + 36.5% -- -- --
* 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
Evanston
+ 30%
+ 20%
b
Attached Single-Family
a
All MLS
Evanston
b
a
+ 30%
+ 20%
+ 10%
+ 10%
0%
0%
- 10%
- 10%
- 20%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 30%
- 40%
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.