Market Stats Booklet North Shore Market Stats Aug 2018 | Page 7

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
Kenilworth
+ 71.4% + 233.3% - 2.4%
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 + / –
6 12 + 100.0% 123 133 + 8.1%
3 3 0.0% 61 48 - 21.3%
3 9 + 200.0% 62 49 - 21.0%
$1,475,000 $1,410,000 - 4.4% $1,277,500 $1,399,000 + 9.5%
$1,527,500 $1,709,400 + 11.9% $1,426,710 $1,400,930 - 1.8%
91.4% 93.4% + 2.2% 89.1% 91.9% + 3.1%
133 161 + 21.1% 232 140 - 39.7%
41 40 - 2.4% -- -- --
8-2017 8-2018
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 + / –
+ / –
1 0 - 100.0% 2 2 0.0%
0 0 -- 1 2 + 100.0%
0 1 -- 1 1 0.0%
$0 $718,888 -- $660,000 $718,888 + 8.9%
+ 8.9%
$0 $718,888 -- $660,000 $718,888 0.0% 98.6% -- 94.4% 98.6% + 4.4%
0 3 -- 134 3 - 97.8%
0 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
Kenilworth
b
Attached Single-Family
a
+ 120% + 25%
+ 100% + 20%
+ 80%
+ 60%
All MLS
Kenilworth
b
a
+ 15%
+ 10%
+ 5%
+ 40%
0%
+ 20%
- 5%
0%
- 20%
- 10%
- 15%
- 40% - 20%
- 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 - 25%
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.