Market Stats Booklet North Shore Market Stats February 2019 | Page 5

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
Glenview
+ 23.7% + 3.7% + 36.3%
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 + / –
98 119 + 21.4% 1,111 1,353 + 21.8%
56 43 - 23.2% 567 509 - 10.2%
18 11 - 38.9% 566 524 - 7.4%
$424,750 $770,000 + 81.3% $560,000 $550,000 - 1.8%
$586,333 $746,171 + 27.3% $638,481 $644,389 + 0.9%
92.0% 91.3% - 0.8% 94.4% 93.9% - 0.5%
140 164 + 17.1% 109 109 0.0%
201 263 + 30.8% -- -- --
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 + / –
41 53 + 29.3% 439 615 + 40.1%
15 19 + 26.7% 299 290 - 3.0%
9 17 + 88.9% 319 283 - 11.3%
$317,500 $230,000 - 27.6% $300,000 $275,000 - 8.3%
$334,389 $276,468 - 17.3% $325,548 $318,696 - 2.1%
91.1% 95.2% + 4.5% 95.6% 94.9% - 0.7%
173 65 - 62.4% 72 64 - 11.1%
61 94 + 54.1% -- -- --
* 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
Glenview
b
Attached Single-Family
a
+ 40% + 100%
+ 30% + 80%
+ 20%
All MLS
Glenview
b
a
+ 60%
+ 10%
+ 40%
0%
+ 20%
- 10%
- 20%
0%
- 30% - 20%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 - 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.