Market Stats Booklet North Shore Market Stats December | Page 4

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
Glencoe
- 12.5% 0.0% - 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 + / –
8 7 - 12.5% 325 378 + 16.3%
10 10 0.0% 151 171 + 13.2%
11 9 - 18.2% 145 174 + 20.0%
$1,065,000 $911,000 - 14.5% $912,000 $860,500 - 5.6%
$1,135,880 $2,063,433 + 81.7% $1,137,442 $1,173,997 + 3.2%
82.0% 90.8% + 10.7% 89.9% 90.7% + 0.9%
211 124 - 41.2% 148 136 - 8.1%
76 68 - 10.5% -- -- --
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 -- 14 20 + 42.9%
2 0 - 100.0% 10 12 + 20.0%
0 2 -- 11 14 + 27.3%
$0 $347,542 -- $164,000 $234,000 + 42.7%
$0 $347,542 -- $199,591 $284,292 + 42.4%
0.0% 88.9% -- 93.6% 92.8% - 0.9%
0 29 -- 137 93 - 32.1%
1 5 + 400.0% -- -- --
* 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
Glencoe
+ 50%
b
Attached Single-Family
a
All MLS
Glencoe
b
a
+ 150%
+ 40%
+ 30%
+ 100%
+ 20%
+ 50%
+ 10%
0%
0%
- 10%
- 20%
- 50%
- 30%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 100%
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.