Market Stats Booklet North Shore Market Stats January 2019 | Page 5

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
Glenview
+ 8.8% - 19.0% + 24.8%
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 + / –
89 84 - 5.6% 1,126 1,330 + 18.1%
27 20 - 25.9% 557 524 - 5.9%
31 23 - 25.8% 577 531 - 8.0%
$642,500 $550,000 - 14.4% $551,727 $547,000 - 0.9%
$648,284 $665,520 + 2.7% $633,463 $640,312 + 1.1%
94.8% 94.7% - 0.1% 94.4% 93.9% - 0.5%
115 122 + 6.1% 108 109 + 0.9%
193 219 + 13.5% -- -- --
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 + / –
25 40 + 60.0% 436 603 + 38.3%
11 21 + 90.9% 302 287 - 5.0%
11 11 0.0% 322 275 - 14.6%
$232,000 $365,000 + 57.3% $300,000 $290,000 - 3.3%
$304,873 $359,707 + 18.0% $324,295 $321,820 - 0.8%
94.6% 92.5% - 2.2% 95.6% 94.8% - 0.8%
41 92 + 124.4% 69 67 - 2.9%
45 78 + 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
Glenview
b
Attached Single-Family
a
+ 40% + 100%
+ 30% + 80%
+ 20%
All MLS
Glenview
b
a
+ 60%
+ 10%
+ 40%
0%
+ 20%
- 10%
- 20%
0%
- 30% - 20%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 - 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.