Market Stats Booklet North Shore Market Stats February 2019 | Page 6

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
Highland Park
- 3.5% - 38.9% - 15.2%
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 + / –
86 90 + 4.7% 909 899 - 1.1%
32 38 + 18.8% 421 421 0.0%
26 17 - 34.6% 441 414 - 6.1%
$515,000 $660,000 + 28.2% $515,000 $547,000 + 6.2%
$591,246 $712,772 + 20.6% $601,816 $605,817 + 0.7%
91.3% 94.7% + 3.7% 91.3% 91.3% 0.0%
146 204 + 39.7% 137 136 - 0.7%
267 211 - 21.0% -- -- --
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 + / –
27 19 - 29.6% 208 201 - 3.4%
8 8 0.0% 112 94 - 16.1%
10 5 - 50.0% 116 93 - 19.8%
$320,000 $325,000 + 1.6% $325,000 $320,000 - 1.5%
$357,700 $384,650 + 7.5% $389,306 $362,342 - 6.9%
92.3% 94.3% + 2.2% 91.8% 92.0% + 0.2%
93 112 + 20.4% 131 139 + 6.1%
56 63 + 12.5% -- -- --
* 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
Highland Park
b
Attached Single-Family
a
All MLS
Highland Park
+ 30% + 80%
+ 20% + 60%
+ 10% + 40%
0% + 20%
- 10% 0%
- 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
b
a
** 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.