Market Stats Booklet North Shore Market Stats February 2019 | Page 14

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
Winnetka
+ 39.2% - 11.1% + 1.4%
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 + / –
48 67 + 39.6% 480 525 + 9.4%
15 21 + 40.0% 238 240 + 0.8%
7 7 0.0% 249 242 - 2.8%
$1,300,000 $1,008,000 - 22.5% $1,125,000 $1,131,250 + 0.6%
$1,215,729 $1,270,103 + 4.5% $1,416,133 $1,438,682 + 1.6%
90.8% 90.6% - 0.2% 91.7% 92.0% + 0.3%
286 273 - 4.5% 157 155 - 1.3%
139 143 + 2.9% -- -- --
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 + / –
3 4 + 33.3% 27 29 + 7.4%
1 1 0.0% 23 19 - 17.4%
2 1 - 50.0% 25 19 - 24.0%
$388,750 $472,500 + 21.5% $450,000 $337,500 - 25.0%
$388,750 $472,500 + 21.5% $466,860 $351,158 - 24.8%
84.2% 85.9% + 2.0% 90.1% 94.1% + 4.4%
198 57 - 71.2% 133 74 - 44.4%
9 7 - 22.2% -- -- --
* 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
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 1-2019 - 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.