Market Stats Booklet May 2018 Market Stat | Page 8

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
Lake Bluff
+ 20.5% + 27.3% + 28.9%
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 + / –
30 37 + 23.3% 252 259 + 2.8%
24 18 - 25.0% 141 119 - 15.6%
10 13 + 30.0% 129 138 + 7.0%
$488,000 $507,500 + 4.0% $516,000 $570,250 + 10.5%
$560,800 $710,192 + 26.6% $688,107 $628,575 - 8.7%
92.8% 92.1% - 0.8% 91.5% 92.7% + 1.3%
144 206 + 43.1% 117 122 + 4.3%
70 88 + 25.7% -- -- --
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 + / –
9 10 + 11.1% 69 70 + 1.4%
6 2 - 66.7% 49 40 - 18.4%
1 1 0.0% 44 44 0.0%
$218,000 $450,000 + 106.4% $198,500 $212,500 + 7.1%
$218,000 $450,000 + 106.4% $228,095 $259,470 + 13.8%
96.9% 93.8% - 3.2% 91.9% 94.1% + 2.4%
31 34 + 9.7% 98 59 - 39.8%
13 19 + 46.2% -- -- --
* 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
Lake Bluff
+ 80%
+ 60%
b
Attached Single-Family
a
All MLS
Lake Bluff
b
a
+ 200%
+ 150%
+ 40%
+ 100%
+ 20%
+ 50%
0%
0%
- 20%
- 40%
- 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 50%
- 100%
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.