Market Stats Booklet North Shore Market Stats January 2019 | Page 6

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
Highland Park
- 20.2% + 33.3% - 11.5%
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 + / –
71 56 - 21.1% 937 894 - 4.6%
28 23 - 17.9% 431 416 - 3.5%
12 13 + 8.3% 434 423 - 2.5%
$372,550 $383,000 + 2.8% $508,000 $545,000 + 7.3%
$511,592 $423,702 - 17.2% $598,301 $600,623 + 0.4%
88.8% 84.7% - 4.6% 91.1% 91.1% 0.0%
244 162 - 33.6% 137 133 - 2.9%
233 186 - 20.2% -- -- --
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 + / –
18 15 - 16.7% 198 209 + 5.6%
8 8 0.0% 113 94 - 16.8%
3 7 + 133.3% 109 98 - 10.1%
$402,500 $346,000 - 14.0% $325,000 $319,750 - 1.6%
$499,083 $361,429 - 27.6% $390,436 $360,731 - 7.6%
90.1% 86.7% - 3.8% 91.8% 92.0% + 0.2%
80 156 + 95.0% 132 136 + 3.0%
46 61 + 32.6% -- -- --
* 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
Highland Park
b
Attached Single-Family
a
All MLS
Highland Park
b
a
+ 30% + 80%
+ 20% + 60%
+ 10% + 40%
0% + 20%
- 10% 0%
- 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.