Market Stats Booklet July 2018 Market Stats | Page 8

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
Lake Bluff
0.0% + 40.0% + 27.1%
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 + / –
29 34 + 17.2% 248 264 + 6.5%
14 11 - 21.4% 138 126 - 8.7%
22 27 + 22.7% 141 128 - 9.2%
$687,500 $528,500 - 23.1% $515,000 $550,000 + 6.8%
$664,295 $590,950 - 11.0% $664,551 $613,787 - 7.6%
94.4% 93.3% - 1.2% 91.8% 92.9% + 1.2%
85 143 + 68.2% 109 131 + 20.2%
69 93 + 34.8% -- -- --
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 + / –
10 5 - 50.0% 61 69 + 13.1%
4 3 - 25.0% 45 47 + 4.4%
3 8 + 166.7% 45 47 + 4.4%
$217,000 $186,000 - 14.3% $202,000 $210,000 + 4.0%
$205,667 $177,438 - 13.7% $206,922 $260,641 + 26.0%
97.0% 94.2% - 2.9% 92.3% 94.5% + 2.4%
35 42 + 20.0% 76 61 - 19.7%
16 15 - 6.3% -- -- --
* 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
All MLS
Lake Bluff
+ 80%
+ 60%
b
Attached Single-Family
a
All MLS
Lake Bluff
b
a
+ 200%
+ 150%
+ 40%
+ 100%
+ 20%
+ 50%
0%
0%
- 20%
- 40%
- 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 50%
- 100%
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.