Market Stats Booklet North Shore Market Stats January 2019 | Page 4

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
Glencoe
+ 6.5% - 16.7% + 5.1%
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 + / –
31 33 + 6.5% 331 380 + 14.8%
10 8 - 20.0% 158 169 + 7.0%
10 9 - 10.0% 146 173 + 18.5%
$1,007,500 $905,000 - 10.2% $926,842 $860,000 - 7.2%
$1,084,275 $1,278,611 + 17.9% $1,146,910 $1,184,626 + 3.3%
86.6% 89.2% + 3.0% 89.7% 90.8% + 1.2%
193 194 + 0.5% 150 136 - 9.3%
78 81 + 3.8% -- -- --
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 + / –
0 0 -- 13 20 + 53.8%
0 2 -- 10 14 + 40.0%
2 1 - 50.0% 12 13 + 8.3%
$312,750 $250,000 - 20.1% $188,250 $239,000 + 27.0%
$312,750 $250,000 - 20.1% $222,167 $277,276 + 24.8%
83.0% 83.6% + 0.7% 92.8% 93.6% + 0.9%
396 141 - 64.4% 179 50 - 72.1%
1 2 + 100.0% -- -- --
* 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
Glencoe
b
Attached Single-Family
a
+ 50%
All MLS
Glencoe
b
a
+ 150%
+ 40%
+ 30%
+ 100%
+ 20%
+ 50%
+ 10%
0%
0%
- 10%
- 20%
- 50%
- 30%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019
- 100%
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.