Market Stats Booklet June 2017 Market Stats | Page 3

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
Evanston
Evanston
- 10.4% + 24.8% - 29.6%
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
94
78
34
$567,500
$627,441
94.7%
83
137
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
90
61
48
$490,000
$594,564
96.9%
37
122
Trailing 12 Months
+ / –
- 4.3%
- 21.8%
+ 41.2%
- 13.7%
- 5.2%
+ 2.3%
- 55.4%
- 10.9%
5-2016
759
505
473
$510,000
$581,652
95.0%
77
--
May
Attached
Attached Single-Family
Single-Family
5-2016
99
73
67
$219,000
$278,080
94.7%
92
177
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
83
69
78
$267,500
$318,615
96.3%
47
99
5-2017
712
469
498
$526,000
$608,103
95.6%
67
--
+ / –
- 6.2%
- 7.1%
+ 5.3%
+ 3.1%
+ 4.5%
+ 0.6%
- 13.0%
--
Trailing 12 Months
+ / –
- 16.2%
- 5.5%
+ 16.4%
+ 22.1%
+ 14.6%
+ 1.7%
- 48.9%
- 44.1%
5-2016
922
686
683
$225,000
$257,552
93.6%
89
--
5-2017
847
653
665
$230,000
$273,698
95.0%
71
--
+ / –
- 8.1%
- 4.8%
- 2.6%
+ 2.2%
+ 6.3%
+ 1.5%
- 20.2%
--
* 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.