Market Stats Booklet March 2017 Market Stats | Page 13

Local Market Update – February 2017
LOCAL MARKET UPDATE
February 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2017
CBHomes.com
Wilmette
Wilmette
+ 6.3% - 16.0% + 9.5%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
February
Detached
Detached Single-Family
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
2-2016 2-2017 + / – 2-2016 2-2017 + / –
79 86 + 8.9% 757 746 - 1.5%
59 51 - 13.6% 417 365 - 12.5%
17 14 - 17.6% 379 377 - 0.5%
$745,000 $567,500 - 23.8% $775,000 $737,750 - 4.8%
$800,541 $781,357 - 2.4% $867,091 $854,407 - 1.5%
92.0% 95.1% + 3.4% 93.7% 93.9% + 0.2%
138 94 - 31.9% 77 90 + 16.9%
141 165 + 17.0% -- -- --
February
Attached Single-Family
Single-Family
Attached
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
2-2016 2-2017 + / – 2-2016 2-2017 + / –
17 16 - 5.9% 127 148 + 16.5%
7 13 + 85.7% 86 105 + 22.1%
8 7 - 12.5% 85 98 + 15.3%
$295,000 $285,000 - 3.4% $300,000 $291,250 - 2.9%
$333,625 $330,357 - 1.0% $343,674 $340,698 - 0.9%
94.0% 92.4% - 1.7% 93.2% 92.3% - 1.0%
52 70 + 34.6% 107 92 - 14.0%
38 31 - 18.4% -- -- --
* 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.