Market Stats Booklet North Shore Market Stats Aug 2018 | Page 5

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
Glenview
+ 57.8% + 13.5% + 22.1%
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 + / –
68 117 + 72.1% 1,167 1,242 + 6.4%
45 50 + 11.1% 591 532 - 10.0%
52 65 + 25.0% 593 528 - 11.0%
$560,500 $575,000 + 2.6% $560,000 $541,250 - 3.3%
$599,261 $601,041 + 0.3% $651,962 $629,322 - 3.5%
93.5% 92.7% - 0.9% 94.1% 93.9% - 0.2%
99 90 - 9.1% 108 111 + 2.8%
285 299 + 4.9% -- -- --
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 + / –
34 44 + 29.4% 457 544 + 19.0%
25 19 - 24.0% 307 278 - 9.4%
37 36 - 2.7% 315 283 - 10.2%
$293,500 $283,750 - 3.3% $256,000 $305,000 + 19.1%
$313,604 $315,910 + 0.7% $305,921 $333,252 + 8.9%
96.2% 94.6% - 1.7% 95.0% 95.7% + 0.7%
70 54 - 22.9% 71 59 - 16.9%
64 127 + 98.4% -- -- --
* 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
Glenview
b
Attached Single-Family
a
+ 40% + 100%
+ 30% + 80%
+ 20%
All MLS
Glenview
b
a
+ 60%
+ 10%
+ 40%
0%
+ 20%
- 10%
- 20%
0%
- 30% - 20%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 - 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.