Market Stats Booklet May2017 Market Stats | Page 3

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
Evanston
Evanston
- 15.8% - 4.7% - 28.6%
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 + / –
93 72 - 22.6% 749 716 - 4.4%
48 56 + 16.7% 477 484 + 1.5%
42 40 - 4.8% 485 484 - 0.2%
$504,950 $535,000 + 6.0% $510,000 $532,500 + 4.4%
$578,652 $636,490 + 10.0% $589,782 $610,804 + 3.6%
96.6% 96.0% - 0.6% 95.2% 95.4% + 0.2%
65 64 - 1.5% 80 71 - 11.3%
144 121 - 16.0% -- -- --
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 + / –
91 83 - 8.8% 950 862 - 9.3%
76 69 - 9.2% 671 655 - 2.4%
65 62 - 4.6% 668 654 - 2.1%
$230,500 $275,000 + 19.3% $226,750 $225,000 - 0.8%
$279,039 $310,217 + 11.2% $254,683 $268,790 + 5.5%
94.9% 95.6% + 0.7% 93.5% 94.9% + 1.5%
79 69 - 12.7% 90 76 - 15.6%
178 109 - 38.8% -- -- --
* 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
Evanston
b
Attached Single-Family
Attached Single-Family
All MLS
Evanston
a
b
a
+ 30%
+ 30%
+ 20%
+ 20%
+ 10%
+ 10%
0%
0%
- 10%
- 10%
- 20%
- 20%
- 30%
1-2009
- 30%
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.