Market Stats Booklet North Shore Market Stats January 2019 | Page 8

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
Lake Bluff
- 48.6% + 100.0% - 8.5%
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 + / –
32 11 - 65.6% 243 259 + 6.6%
6 9 + 50.0% 132 132 0.0%
3 7 + 133.3% 132 128 - 3.0%
$640,000 $435,421 - 32.0% $581,075 $523,500 - 9.9%
$597,667 $405,556 - 32.1% $629,713 $625,216 - 0.7%
95.0% 85.4% - 10.1% 92.4% 92.3% - 0.1%
125 127 + 1.6% 123 122 - 0.8%
71 69 - 2.8% -- -- --
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 + / –
3 7 + 133.3% 67 62 - 7.5%
2 4 + 100.0% 42 52 + 23.8%
2 3 + 50.0% 43 50 + 16.3%
$205,000 $145,000 - 29.3% $208,000 $206,000 - 1.0%
$205,000 $156,833 - 23.5% $234,725 $243,706 + 3.8%
93.7% 95.5% + 1.9% 93.2% 94.1% + 1.0%
59 55 - 6.8% 57 69 + 21.1%
11 6 - 45.5% -- -- --
* 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
Lake Bluff
b
Attached Single-Family
a
+ 80%
+ 60%
All MLS
Lake Bluff
b
a
+ 200%
+ 150%
+ 40%
+ 100%
+ 20%
+ 50%
0%
0%
- 20%
- 40%
- 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019
- 50%
- 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.