Market Stats Booklet North Shore Market Stats March 2019 | Page 13

Local Market Update – March 2019
LOCAL MARKET UPDATE
March 2019
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of April 13, 2019
CBHomes.com
Wilmette
+ 22.1% - 26.5% + 15.0%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
March
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
3-2018 3-2019 + / – 3-2018 3-2019 + / –
74 92 + 24.3% 654 790 + 20.8%
46 52 + 13.0% 365 338 - 7.4%
28 24 - 14.3% 374 341 - 8.8%
$825,000 $652,500 - 20.9% $727,500 $730,000 + 0.3%
$898,196 $744,813 - 17.1% $872,925 $835,397 - 4.3%
93.5% 94.4% + 1.0% 92.9% 93.6% + 0.8%
133 111 - 16.5% 111 86 - 22.5%
159 174 + 9.4% -- -- --
March
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
3-2018 3-2019 + / – 3-2018 3-2019 + / –
12 13 + 8.3% 134 145 + 8.2%
11 12 + 9.1% 104 80 - 23.1%
6 1 - 83.3% 104 84 - 19.2%
$372,000 $805,000 + 116.4% $311,000 $352,500 + 13.3%
$355,417 $805,000 + 126.5% $363,192 $390,340 + 7.5%
97.1% 99.1% + 2.1% 93.1% 94.7% + 1.7%
51 240 + 370.6% 106 65 - 38.7%
21 33 + 57.1% -- -- --
* 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
Wilmette
b
Attached Single-Family
a
+ 40%
+ 30%
All MLS
Wilmette
b
a
+ 60%
+ 40%
+ 20%
+ 20%
+ 10%
0%
0%
- 20%
- 10%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019
- 40%
- 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.