Market Stats Booklet North Shore Market Stats January 2019 | Page 14

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
Winnetka
- 5.7% - 35.3% - 4.9%
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 + / –
51 49 - 3.9% 495 505 + 2.0%
15 10 - 33.3% 250 234 - 6.4%
15 10 - 33.3% 253 242 - 4.3%
$1,175,000 $832,500 - 29.1% $1,105,000 $1,133,748 + 2.6%
$2,597,361 $932,300 - 64.1% $1,402,864 $1,437,109 + 2.4%
88.8% 93.4% + 5.2% 91.5% 92.0% + 0.5%
135 98 - 27.4% 153 156 + 2.0%
115 113 - 1.7% -- -- --
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 + / –
2 1 - 50.0% 27 28 + 3.7%
1 0 - 100.0% 23 19 - 17.4%
2 1 - 50.0% 25 20 - 20.0%
$587,500 $330,000 - 43.8% $450,000 $333,750 - 25.8%
$587,500 $330,000 - 43.8% $473,760 $348,850 - 26.4%
91.2% 88.0% - 3.5% 90.8% 93.5% + 3.0%
136 142 + 4.4% 141 87 - 38.3%
8 4 - 50.0% -- -- --
* 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
Winnetka
b
Attached Single-Family
a
+ 40% + 80%
+ 30% + 60%
+ 20%
All MLS
Winnetka
b
a
+ 40%
+ 10%
+ 20%
0%
0%
- 10%
- 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
** 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.