Market Stats Booklet North Shore Market Stats December | Page 14

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
Winnetka
- 37.5% + 50.0% - 16.5%
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 + / –
8 5 - 37.5% 504 505 + 0.2%
- 8.1%
12 6 - 50.0% 259 238 10 13 + 30.0% 255 247 - 3.1%
$900,000 $1,012,000 + 12.4% $1,122,500 $1,165,000 + 3.8%
$1,439,192 $1,082,758 - 24.8% $1,340,503 $1,528,008 + 14.0%
87.1% 92.7% + 6.4% 91.4% 91.8% + 0.4%
252 119 - 52.8% 159 157 - 1.3%
102 86 - 15.7% -- -- --
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 + / –
0 0 -- 28 29 + 3.6%
0 2 -- 25 20 - 20.0%
0 2 -- 25 21 - 16.0%
$0 $538,750 -- $425,000 $360,000 - 15.3%
- 19.5%
$0 $538,750 -- $462,560 $372,476 0.0% 93.8% -- 91.1% 93.5% + 2.6%
0 58 -- 133 89 - 33.1%
7 5 - 28.6% -- -- --
* 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
Winnetka
b
Attached Single-Family
a
+ 40% + 80%
+ 30% + 60%
+ 20%
All MLS
Winnetka
b
a
+ 40%
+ 10%
+ 20%
0%
0%
- 10%
- 20%
- 20%
- 30% - 40%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 - 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.