Market Stats Booklet North Shore Market Stats February 2019 | Page 3

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
Evanston
+ 14.8% - 29.4% + 6.1%
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 + / –
57 74 + 29.8% 748 791 + 5.7%
26 43 + 65.4% 450 438 - 2.7%
19 18 - 5.3% 471 409 - 13.2%
$530,000 $424,500 - 19.9% $540,000 $545,000 + 0.9%
$555,811 $484,661 - 12.8% $631,069 $635,022 + 0.6%
97.3% 93.7% - 3.7% 95.8% 94.8% - 1.0%
61 88 + 44.3% 71 73 + 2.8%
117 116 - 0.9% -- -- --
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 + / –
71 73 + 2.8% 841 924 + 9.9%
51 59 + 15.7% 608 557 - 8.4%
32 18 - 43.8% 621 549 - 11.6%
$282,500 $174,250 - 38.3% $250,000 $243,500 - 2.6%
$307,198 $285,947 - 6.9% $285,527 $281,354 - 1.5%
94.6% 95.6% + 1.1% 95.5% 95.3% - 0.2%
93 77 - 17.2% 58 58 0.0%
114 129 + 13.2% -- -- --
* 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
Evanston
b
Attached Single-Family
a
+ 30%
+ 20%
All MLS
Evanston
b
a
+ 30%
+ 20%
+ 10%
+ 10%
0%
0%
- 10%
- 10%
- 20%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019
- 30%
- 40%
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.