Market Stats Booklet May2017 Market Stats | Page 13

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
Wilmette
Wilmette
- 7.0% - 12.1% 0.0%
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 + / –
91 78 - 14.3% 732 751 + 2.6%
43 39 - 9.3% 389 381 - 2.1%
48 44 - 8.3% 394 384 - 2.5%
$820,000 $698,500 - 14.8% $745,000 $740,000 - 0.7%
$833,618 $769,124 - 7.7% $851,427 $851,312 - 0.0%
93.0% 94.1% + 1.2% 93.5% 93.8% + 0.3%
111 103 - 7.2% 82 97 + 18.3%
182 177 - 2.7% -- -- --
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 + / –
9 15 + 66.7% 130 152 + 16.9%
12 6 - 50.0% 88 100 + 13.6%
10 7 - 30.0% 86 104 + 20.9%
$350,000 $234,000 - 33.1% $310,250 $289,500 - 6.7%
$417,600 $324,071 - 22.4% $353,393 $332,801 - 5.8%
91.4% 92.7% + 1.4% 93.5% 92.4% - 1.2%
71 201 + 183.1% 96 101 + 5.2%
34 39 + 14.7% -- -- --
* 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
Wilmette
b
Attached Single-Family
Attached Single-Family
All MLS
Wilmette
a
b
a
+ 60%
+ 40%
+ 30%
+ 40%
+ 20%
+ 20%
+ 10%
0%
0%
- 20%
- 10%
- 40%
- 20%
- 30%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 60%
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.