Market Stats Booklet June 2018 Market Stats | Page 13

Local Market Update – May 2018
LOCAL MARKET UPDATE
May 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of June 14, 2018
CBHomes.com
Wilmette
+ 12.1% - 13.1% - 4.1%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
May
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
5-2017
77
41
49
$710,000
$812,280
92.6%
102
184 5-2018
89
33
42
$690,000
$772,895
95.7%
55
181
5-2017
14
12
12
$333,375
$370,104
94.7%
48
38 5-2018
13
8
11
$362,000
$393,591
94.9%
51
32
Trailing 12 Months
+ / –
+ 15.6%
- 19.5%
- 14.3%
- 2.8%
- 4.8%
+ 3.3%
- 46.1%
- 1.6% 5-2017
747
382
385
$740,000
$843,061
93.4%
102
--
+ / –
- 7.1%
- 33.3%
- 8.3%
+ 8.6%
+ 6.3%
+ 0.2%
+ 6.3%
- 15.8% 5-2017
148
105
106
$290,000
$342,558
92.5%
98
--
May
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
5-2018
679
373
376
$750,000
$886,757
93.4%
102
--
+ / –
- 9.1%
- 2.4%
- 2.3%
+ 1.4%
+ 5.2%
0.0%
0.0%
--
Trailing 12 Months
5-2018
136
101
106
$310,500
$364,889
93.2%
103
--
+ / –
- 8.1%
- 3.8%
0.0%
+ 7.1%
+ 6.5%
+ 0.8%
+ 5.1%
--
* 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%
- 10%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 20%
- 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.