Market Stats Booklet North Shore Market Stats December | Page 6

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
Highland Park
+ 24.0% - 6.3% - 9.1%
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 + / –
22 20 - 9.1% 933 908 - 2.7%
20 20 0.0% 442 423 - 4.3%
28 26 - 7.1% 445 422 - 5.2%
$514,000 $487,250 - 5.2% $515,000 $545,000 + 5.8%
$518,568 $555,481 + 7.1% $606,366 $603,542 - 0.5%
90.2% 87.8% - 2.7% 91.0% 91.3% + 0.3%
219 135 - 38.4% 137 136 - 0.7%
223 180 - 19.3% -- -- --
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 + / –
3 11 + 266.7% 198 212 + 7.1%
7 6 - 14.3% 114 94 - 17.5%
4 4 0.0% 113 94 - 16.8%
$371,250 $337,000 - 9.2% $325,000 $319,875 - 1.6%
$416,000 $364,500 - 12.4% $383,949 $365,094 - 4.9%
85.8% 93.7% + 9.2% 92.1% 92.3% + 0.2%
272 49 - 82.0% 138 132 - 4.3%
42 61 + 45.2% -- -- --
* 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
Highland Park
b
Attached Single-Family
a
All MLS
Highland Park
+ 30% + 80%
+ 20% + 60%
+ 10% + 40%
0% + 20%
- 10% 0%
- 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
b
a
** 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.