Market Stats Booklet North Shore Market Stats Aug 2018 | Page 3

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
Evanston
+ 0.7% + 4.4% + 3.9%
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 + / –
64 73 + 14.1% 742 757 + 2.0%
33 36 + 9.1% 460 452 - 1.7%
55 56 + 1.8% 465 460 - 1.1%
$568,000 $559,000 - 1.6% $535,000 $535,000 0.0%
$654,791 $640,279 - 2.2% $632,388 $624,787 - 1.2%
95.6% 96.4% + 0.8% 95.6% 95.1% - 0.5%
69 71 + 2.9% 70 76 + 8.6%
141 139 - 1.4% -- -- --
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 + / –
82 74 - 9.8% 871 857 - 1.6%
43 39 - 9.3% 629 572 - 9.1%
59 63 + 6.8% 642 575 - 10.4%
$240,000 $260,000 + 8.3% $241,500 $249,000 + 3.1%
$261,318 $279,298 + 6.9% $279,464 $281,446 + 0.7%
96.5% 94.5% - 2.1% 95.6% 95.0% - 0.6%
46 66 + 43.5% 61 61 0.0%
144 157 + 9.0% -- -- --
* 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
Evanston
+ 30%
+ 20%
b
Attached Single-Family
a
All MLS
Evanston
b
a
+ 30%
+ 20%
+ 10%
+ 10%
0%
0%
- 10%
- 10%
- 20%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 30%
- 40%
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.