Market Stats Booklet North Shore Market Stats February 2019 | Page 4

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
Glencoe
- 2.7% - 22.2% + 4.7%
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 + / –
36 35 - 2.8% 324 380 + 17.3%
15 14 - 6.7% 159 168 + 5.7%
9 6 - 33.3% 150 170 + 13.3%
$887,500 $758,500 - 14.5% $926,842 $843,125 - 9.0%
$1,401,944 $718,500 - 48.7% $1,175,662 $1,156,669 - 1.6%
88.5% 91.3% + 3.2% 89.8% 91.0% + 1.3%
205 64 - 68.8% 155 130 - 16.1%
85 87 + 2.4% -- -- --
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 + / –
1 1 0.0% 13 20 + 53.8%
1 0 - 100.0% 11 13 + 18.2%
0 1 -- 11 14 + 27.3%
$0 $225,000 -- $164,000 $234,000 + 42.7%
+ 24.8%
$0 $225,000 -- $219,182 $273,542 0.0% 94.1% -- 92.1% 93.6% + 1.6%
0 59 -- 195 51 - 73.8%
1 3 + 200.0% -- -- --
* 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
Glencoe
b
Attached Single-Family
a
+ 50%
All MLS
Glencoe
b
a
+ 150%
+ 40%
+ 30%
+ 100%
+ 20%
+ 50%
+ 10%
0%
0%
- 10%
- 20%
- 50%
- 30%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019
- 100%
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.