Market Stats Booklet North Shore Market Stats December | Page 13

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
Wilmette
- 20.8% - 5.3% + 14.0%
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 + / –
19 14 - 26.3% 672 758 + 12.8%
17 11 - 35.3% 375 348 - 7.2%
13 11 - 15.4% 368 358 - 2.7%
$676,000 $616,000 - 8.9% $727,500 $755,000 + 3.8%
$926,423 $679,864 - 26.6% $857,829 $868,991 + 1.3%
90.5% 91.9% + 1.5% 93.1% 93.6% + 0.5%
89 168 + 88.8% 110 90 - 18.2%
99 109 + 10.1% -- -- --
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 + / –
5 5 0.0% 138 140 + 1.4%
6 1 - 83.3% 113 84 - 25.7%
6 7 + 16.7% 111 91 - 18.0%
$285,000 $332,000 + 16.5% $320,000 $335,000 + 4.7%
$332,500 $373,714 + 12.4% $362,477 $377,128 + 4.0%
94.2% 94.9% + 0.7% 92.3% 95.2% + 3.1%
139 129 - 7.2% 103 68 - 34.0%
15 21 + 40.0% -- -- --
* 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
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 © 2019 ShowingTime.