Market Stats Booklet March 2018 Market Stats | Page 13

Local Market Update – February 2018
LOCAL MARKET UPDATE
February 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2018
CBHomes.com
Wilmette
+ 5.9% + 9.5% - 10.8%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
February
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
Trailing 12 Months
2-2017 2-2018 + / – 2-2017 2-2018 + / –
86 90 + 4.7% 746 668 - 10.5%
50 42 - 16.0% 368 368 0.0%
14 18 + 28.6% 377 378 + 0.3%
$567,500 $717,500 + 26.4% $737,750 $735,000 - 0.4%
$781,357 $971,542 + 24.3% $854,407 $880,790 + 3.1%
95.1% 91.8% - 3.5% 93.9% 92.9% - 1.1%
94 146 + 55.3% 90 115 + 27.8%
163 149 - 8.6% -- -- --
February
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
Trailing 12 Months
2-2017 2-2018 + / – 2-2017 2-2018 + / –
16 18 + 12.5% 148 138 - 6.8%
13 8 - 38.5% 105 108 + 2.9%
7 5 - 28.6% 98 111 + 13.3%
$285,000 $311,000 + 9.1% $291,250 $320,000 + 9.9%
$330,357 $267,400 - 19.1% $340,698 $361,814 + 6.2%
92.4% 95.1% + 2.9% 92.3% 93.0% + 0.8%
70 195 + 178.6% 92 105 + 14.1%
31 24 - 22.6% -- -- --
* 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
b
Attached Single-Family
a
All MLS
Wilmette
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
1-2018
- 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.