Market Stats Booklet North Shore Market Stats January 2019 | Page 13

Local Market Update – January 2019
LOCAL MARKET UPDATE
January 2019
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2019
CBHomes.com
Wilmette
+ 25.3% - 50.0% + 27.7%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
January
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
1-2018 1-2019 + / – 1-2018 1-2019 + / –
67 77 + 14.9% 666 768 + 15.3%
32 23 - 28.1% 378 339 - 10.3%
23 13 - 43.5% 374 348 - 7.0%
$700,000 $679,000 - 3.0% $732,000 $750,000 + 2.5%
$1,011,792 $819,769 - 19.0% $872,700 $857,714 - 1.7%
91.5% 92.7% + 1.3% 93.0% 93.7% + 0.8%
120 121 + 0.8% 113 89 - 21.2%
115 140 + 21.7% -- -- --
January
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
1-2018 1-2019 + / – 1-2018 1-2019 + / –
8 17 + 112.5% 136 149 + 9.6%
7 7 0.0% 113 84 - 25.7%
5 1 - 80.0% 113 87 - 23.0%
$247,000 $557,500 + 125.7% $320,000 $340,000 + 6.3%
$361,400 $557,500 + 54.3% $364,043 $380,105 + 4.4%
99.7% 96.3% - 3.4% 92.9% 94.9% + 2.2%
35 6 - 82.9% 99 69 - 30.3%
15 26 + 73.3% -- -- --
* 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
Wilmette
b
Attached Single-Family
a
+ 40%
+ 30%
All MLS
Wilmette
b
a
+ 60%
+ 40%
+ 20%
+ 20%
+ 10%
0%
0%
- 20%
- 10%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019
- 40%
- 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.