Market Stats Booklet May2017 Market Stats | Page 12

Local Market Update – April 2017
LOCAL MARKET UPDATE
April 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of May 14, 2017
CBHomes.com
Skokie
Skokie
- 20.7% + 3.2% - 27.4%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
April
Detached
Detached Single-Family
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
4-2016 4-2017 + / – 4-2016 4-2017 + / –
95 73 - 23.2% 885 800 - 9.6%
53 52 - 1.9% 528 499 - 5.5%
37 38 + 2.7% 515 512 - 0.6%
$325,000 $329,300 + 1.3% $295,000 $315,000 + 6.8%
$333,527 $344,141 + 3.2% $317,605 $344,528 + 8.5%
95.4% 95.1% - 0.3% 94.8% 95.3% + 0.5%
113 101 - 10.6% 82 79 - 3.7%
179 122 - 31.8% -- -- --
April
Attached Single-Family
Single-Family
Attached
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
4-2016 4-2017 + / – 4-2016 4-2017 + / –
50 42 - 16.0% 460 467 + 1.5%
23 40 + 73.9% 278 281 + 1.1%
25 26 + 4.0% 275 258 - 6.2%
$178,000 $186,500 + 4.8% $160,000 $180,000 + 12.5%
$196,204 $219,739 + 12.0% $184,279 $195,298 + 6.0%
97.7% 95.4% - 2.4% 93.3% 94.0% + 0.8%
90 125 + 38.9% 77 99 + 28.6%
102 82 - 19.6% -- -- --
* 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
Detached Single-Family
All MLS
Skokie
b
Attached Single-Family
Attached Single-Family
All MLS
Skokie
a
+ 25% + 50%
+ 20% + 40%
+ 15%
b
a
+ 30%
+ 10%
+ 20%
+ 5%
+ 10%
0%
0%
- 5%
- 10%
- 10%
- 20%
- 15%
- 30%
- 20%
- 25%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 40%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
** 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 © 2017 ShowingTime.