Market Stats Booklet May 2018 Market Stat | Page 3
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
Evanston
+ 19.2% 0.0% - 1.3%
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 + / –
73 96 + 31.5% 718 760 + 5.8%
61 56 - 8.2% 487 469 - 3.7%
40 41 + 2.5% 484 461 - 4.8%
$535,000 $410,000 - 23.4% $532,500 $549,000 + 3.1%
$636,490 $512,973 - 19.4% $610,804 $629,794 + 3.1%
96.0% 95.6% - 0.4% 95.4% 95.5% + 0.1%
64 69 + 7.8% 71 72 + 1.4%
121 119 - 1.7% -- -- --
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 + / –
83 90 + 8.4% 864 834 - 3.5%
71 64 - 9.9% 656 590 - 10.1%
62 61 - 1.6% 654 609 - 6.9%
$275,000 $237,000 - 13.8% $225,000 $245,500 + 9.1%
$310,217 $263,061 - 15.2% $268,790 $281,803 + 4.8%
95.6% 95.3% - 0.3% 94.9% 95.4% + 0.5%
69 80 + 15.9% 76 58 - 23.7%
110 109 - 0.9% -- -- --
* 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
Evanston
+ 30%
+ 20%
b
Attached Single-Family
a
All MLS
Evanston
b
a
+ 30%
+ 20%
+ 10%
+ 10%
0%
0%
- 10%
- 10%
- 20%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 30%
- 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.