Market Stats Booklet June 2018 Market Stats | Page 5

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
Glenview
+ 33.1% - 13.2% + 5.5%
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
117
59
69
$545,000
$616,225
95.8%
110
306 5-2018
159
64
61
$580,000
$723,173
94.6%
126
292
5-2017
52
51
37
$297,500
$301,852
94.9%
77
78 5-2018
66
26
31
$243,000
$289,894
96.4%
48
113
Trailing 12 Months
+ / –
+ 35.9%
+ 8.5%
- 11.6%
+ 6.4%
+ 17.4%
- 1.3%
+ 14.5%
- 4.6% 5-2017
1,200
594
602
$542,500
$641,296
94.0%
102
--
+ / –
+ 26.9%
- 49.0%
- 16.2%
- 18.3%
- 4.0%
+ 1.6%
- 37.7%
+ 44.9% 5-2017
457
298
281
$255,000
$306,709
94.6%
61
--
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
1,159
522
551
$565,000
$641,607
94.3%
107
--
+ / –
- 3.4%
- 12.1%
- 8.5%
+ 4.1%
+ 0.0%
+ 0.3%
+ 4.9%
--
Trailing 12 Months
5-2018
495
283
312
$306,000
$333,082
95.9%
69
--
+ / –
+ 8.3%
- 5.0%
+ 11.0%
+ 20.0%
+ 8.6%
+ 1.4%
+ 13.1%
--
* 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
Glenview
b
Attached Single-Family
a
+ 40% + 100%
+ 30% + 80%
+ 20%
All MLS
Glenview
b
a
+ 60%
+ 10%
+ 40%
0%
+ 20%
- 10%
- 20%
0%
- 30% - 20%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 - 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.