Market Stats Booklet May 2018 Market Stat | Page 13
Local Market Update – April 2018
LOCAL MARKET UPDATE
April 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of May 14, 2018
CBHomes.com
Wilmette
+ 14.7% + 23.5% - 11.3%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
April
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
4-2017 4-2018 + / – 4-2017 4-2018 + / –
79 90 + 13.9% 752 665 - 11.6%
36 51 + 41.7% 378 378 0.0%
44 53 + 20.5% 384 382 - 0.5%
$698,500 $820,000 + 17.4% $740,000 $749,000 + 1.2%
$769,124 $908,264 + 18.1% $851,312 $889,193 + 4.4%
94.1% 94.8% + 0.7% 93.8% 93.0% - 0.9%
103 76 - 26.2% 97 107 + 10.3%
182 167 - 8.2% -- -- --
April
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
4-2017 4-2018 + / – 4-2017 4-2018 + / –
16 19 + 18.8% 153 137 - 10.5%
6 8 + 33.3% 100 106 + 6.0%
7 10 + 42.9% 104 107 + 2.9%
$234,000 $288,500 + 23.3% $289,500 $310,000 + 7.1%
$324,071 $328,650 + 1.4% $332,801 $362,523 + 8.9%
92.7% 94.3% + 1.7% 92.4% 93.2% + 0.9%
201 127 - 36.8% 101 102 + 1.0%
40 30 - 25.0% -- -- --
* 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%
- 20%
- 10%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 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.