Market Stats Booklet North Shore Market Stats January 2019 | Page 3

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
Evanston
+ 11.8% - 9.1% + 17.2%
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 + / –
55 55 0.0% 769 772 + 0.4%
29 38 + 31.0% 471 422 - 10.4%
25 13 - 48.0% 466 410 - 12.0%
$451,000 $529,000 + 17.3% $540,000 $550,000 + 1.9%
$640,180 $545,358 - 14.8% $628,881 $637,952 + 1.4%
93.3% 91.8% - 1.6% 95.6% 95.0% - 0.6%
103 100 - 2.9% 72 72 0.0%
100 100 0.0% -- -- --
1-2018 1-2019 + / –
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 + / – 55 68 + 23.6% 854 921 + 7.8%
35 34 - 2.9% 607 548 - 9.7%
19 27 + 42.1% 625 563 - 9.9%
$306,500 $231,000 - 24.6% $246,750 $246,000 - 0.3%
$316,000 $238,422 - 24.6% $282,032 $282,676 + 0.2%
90.8% 94.1% + 3.6% 95.5% 95.2% - 0.3%
96 92 - 4.2% 57 60 + 5.3%
103 138 + 34.0% -- -- --
* 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
Evanston
b
Attached Single-Family
a
+ 30%
+ 20%
All MLS
Evanston
b
a
+ 30%
+ 20%
+ 10%
+ 10%
0%
0%
- 10%
- 10%
- 20%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019
- 30%
- 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.