Market Stats Booklet North Shore Market Stats March 2019 | Page 14

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
Winnetka
- 5.4% 0.0% + 1.9%
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 + / –
54 50 - 7.4% 472 523 + 10.8%
25 25 0.0% 236 242 + 2.5%
15 16 + 6.7% 239 243 + 1.7%
$1,350,000 $1,382,500 + 2.4% $1,150,000 $1,134,995 - 1.3%
$1,337,937 $1,578,594 + 18.0% $1,423,025 $1,454,113 + 2.2%
90.6% 92.2% + 1.8% 91.5% 92.1% + 0.7%
189 224 + 18.5% 151 158 + 4.6%
154 154 0.0% -- -- --
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 + / –
2 3 + 50.0% 27 30 + 11.1%
6 0 - 100.0% 26 13 - 50.0%
2 1 - 50.0% 26 18 - 30.8%
$262,500 $240,000 - 8.6% $437,500 $333,750 - 23.7%
$262,500 $240,000 - 8.6% $456,981 $354,833 - 22.4%
90.4% 96.0% + 6.2% 90.5% 94.6% + 4.5%
102 188 + 84.3% 125 77 - 38.4%
5 8 + 60.0% -- -- --
* 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
Winnetka
b
Attached Single-Family
a
+ 40% + 80%
+ 30% + 60%
+ 20%
All MLS
Winnetka
b
a
+ 40%
+ 10%
+ 20%
0%
0%
- 10%
- 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.