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.