Market Stats Booklet June 2017 Market Stats | Page 13

Local Market Update – May 2017
LOCAL MARKET UPDATE
May 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of June 15, 2017
CBHomes.com
Wilmette
Wilmette
- 9.9% + 1.7% - 7.6%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
May
Detached
Detached Single-Family
Single-Family
5-2016
82
37
48
$708,750
$877,639
96.1%
63
194
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
5-2017
77
44
47
$710,000
$812,696
92.7%
95
180
Trailing 12 Months
+ / –
- 6.1%
+ 18.9%
- 2.1%
+ 0.2%
- 7.4%
- 3.5%
+ 50.8%
- 7.2%
5-2016
739
389
406
$744,000
$862,653
93.6%
83
--
May
Attached
Attached Single-Family
Single-Family
5-2016
19
7
10
$302,000
$274,150
94.3%
68
42
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
5-2017
14
12
12
$333,375
$370,104
94.7%
48
38
5-2017
747
385
383
$740,000
$843,273
93.4%
101
--
+ / –
+ 1.1%
- 1.0%
- 5.7%
- 0.5%
- 2.2%
- 0.2%
+ 21.7%
--
Trailing 12 Months
+ / –
- 26.3%
+ 71.4%
+ 20.0%
+ 10.4%
+ 35.0%
+ 0.4%
- 29.4%
- 9.5%
5-2016
131
86
84
$299,950
$341,010
93.5%
94
--
5-2017
147
104
106
$290,000
$342,558
92.5%
98
--
+ / –
+ 12.2%
+ 20.9%
+ 26.2%
- 3.3%
+ 0.5%
- 1.1%
+ 4.3%
--
* 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.