Market Stats Booklet North Shore Market Stats February 2019 | Page 13

Local Market Update – February 2019
LOCAL MARKET UPDATE
February 2019
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2019
CBHomes.com
Wilmette
- 4.6% - 4.3% + 22.1%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
February
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
2-2018 2-2019 + / – 2-2018 2-2019 + / –
90 90 0.0% 670 769 + 14.8%
44 35 - 20.5% 372 330 - 11.3%
18 15 - 16.7% 378 345 - 8.7%
$717,500 $562,500 - 21.6% $735,000 $750,000 + 2.0%
$971,542 $743,167 - 23.5% $880,790 $846,795 - 3.9%
91.8% 89.4% - 2.6% 92.9% 93.6% + 0.8%
146 129 - 11.6% 115 88 - 23.5%
148 175 + 18.2% -- -- --
February
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
2-2018 2-2019 + / – 2-2018 2-2019 + / –
18 13 - 27.8% 138 144 + 4.3%
8 3 - 62.5% 108 79 - 26.9%
5 7 + 40.0% 111 89 - 19.8%
$311,000 $389,865 + 25.4% $320,000 $350,000 + 9.4%
$267,400 $340,552 + 27.4% $361,814 $383,326 + 5.9%
95.1% 93.6% - 1.6% 93.0% 94.8% + 1.9%
195 66 - 66.2% 105 62 - 41.0%
24 35 + 45.8% -- -- --
* 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
b
Attached Single-Family
a
+ 40%
+ 30%
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 1-2019
- 40%
- 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019
** 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.