Market Stats Booklet North Shore Market Stats December | Page 12

Local Market Update – December 2018
LOCAL MARKET UPDATE
December 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2019
CBHomes.com
Skokie
+ 4.7% - 32.1% + 5.2%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
December
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
12-2017 12-2018 + / – 12-2017 12-2018 + / –
28 29 + 3.6% 824 922 + 11.9%
28 24 - 14.3% 475 445 - 6.3%
37 25 - 32.4% 473 444 - 6.1%
$350,000 $310,000 - 11.4% $328,000 $338,750 + 3.3%
$359,051 $323,838 - 9.8% $353,694 $366,095 + 3.5%
89.9% 92.8% + 3.2% 95.0% 95.6% + 0.6%
113 73 - 35.4% 76 72 - 5.3%
111 109 - 1.8% -- -- --
December
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
12-2017 12-2018 + / – 12-2017 12-2018 + / –
15 16 + 6.7% 490 491 + 0.2%
18 9 - 50.0% 291 254 - 12.7%
19 13 - 31.6% 295 256 - 13.2%
$186,000 $198,000 + 6.5% $186,500 $189,000 + 1.3%
$198,278 $203,446 + 2.6% $202,264 $197,388 - 2.4%
94.6% 93.7% - 1.0% 94.7% 94.6% - 0.1%
59 119 + 101.7% 76 71 - 6.6%
62 73 + 17.7% -- -- --
* 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
Skokie
b
Attached Single-Family
a
+ 25% + 50%
+ 20% + 40%
+ 15%
+ 10%
All MLS
Skokie
b
a
+ 30%
+ 20%
+ 5%
+ 10%
0%
- 5%
- 10%
- 15%
0%
- 10%
- 20%
- 20% - 30%
- 25%
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 © 2019 ShowingTime.