Market Stats Booklet North Shore Market Stats December | Page 8

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
Lake Bluff
- 22.2% - 37.5% + 19.4%
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 6 - 25.0% 236 280 + 18.6%
4 9 + 125.0% 131 129 - 1.5%
7 1 - 85.7% 132 124 - 6.1%
$400,000 $1,437,500 + 259.4% $581,075 $543,750 - 6.4%
$437,943 $1,437,500 + 228.2% $631,542 $636,949 + 0.9%
92.8% 87.2% - 6.0% 92.4% 92.8% + 0.4%
82 124 + 51.2% 124 122 - 1.6%
54 75 + 38.9% -- -- --
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 + / –
1 1 0.0% 66 58 - 12.1%
1 4 + 300.0% 43 50 + 16.3%
1 4 + 300.0% 43 49 + 14.0%
$207,500 $152,000 - 26.7% $215,000 $207,000 - 3.7%
$207,500 $162,375 - 21.7% $236,120 $247,445 + 4.8%
92.2% 91.8% - 0.4% 93.3% 94.0% + 0.8%
35 67 + 91.4% 56 70 + 25.0%
13 5 - 61.5% -- -- --
* 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
Lake Bluff
+ 80%
+ 60%
b
Attached Single-Family
a
All MLS
Lake Bluff
b
a
+ 200%
+ 150%
+ 40%
+ 100%
+ 20%
+ 50%
0%
0%
- 20%
- 40%
- 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 50%
- 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.