Market Stats Booklet North Shore Market Stats Aug 2018 | Page 13

Local Market Update – August 2018
LOCAL MARKET UPDATE
August 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of September 14, 2018
CBHomes.com
Wilmette
+ 38.5% - 22.4% + 8.0%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
August
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
8-2017 8-2018 + / – 8-2017 8-2018 + / –
40 67 + 67.5% 710 699 - 1.5%
28 25 - 10.7% 382 355 - 7.1%
34 31 - 8.8% 392 358 - 8.7%
$786,250 $765,000 - 2.7% $716,000 $781,500 + 9.1%
$885,594 $875,723 - 1.1% $832,564 $913,507 + 9.7%
92.9% 91.2% - 1.8% 93.2% 93.2% 0.0%
77 126 + 63.6% 105 97 - 7.6%
161 175 + 8.7% -- -- --
August
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
8-2017 8-2018 + / – 8-2017 8-2018 + / –
12 5 - 58.3% 144 132 - 8.3%
10 6 - 40.0% 103 96 - 6.8%
15 7 - 53.3% 109 96 - 11.9%
$374,000 $280,000 - 25.1% $350,000 $295,000 - 15.7%
$381,267 $312,879 - 17.9% $383,569 $343,627 - 10.4%
90.3% 95.2% + 5.4% 92.7% 93.9% + 1.3%
102 54 - 47.1% 93 80 - 14.0%
27 28 + 3.7% -- -- --
* 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
All MLS
Wilmette
+ 40%
+ 30%
b
Attached Single-Family
a
All MLS
Wilmette
b
a
+ 60%
+ 40%
+ 20%
+ 20%
+ 10%
0%
0%
- 20%
- 10%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 40%
- 60%
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.