Market Stats Booklet North Shore Market Stats March 2019 | Page 3

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
Evanston
+ 27.0% + 31.3% + 37.1%
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 + / –
69 82 + 18.8% 738 806 + 9.2%
67 47 - 29.9% 475 417 - 12.2%
23 46 + 100.0% 460 433 - 5.9%
$550,000 $445,000 - 19.1% $549,500 $530,000 - 3.5%
$740,439 $532,677 - 28.1% $640,789 $618,346 - 3.5%
95.2% 95.2% 0.0% 95.5% 94.8% - 0.7%
111 84 - 24.3% 72 72 0.0%
100 137 + 37.0% -- -- --
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 + / –
83 111 + 33.7% 828 953 + 15.1%
72 68 - 5.6% 594 549 - 7.6%
44 42 - 4.5% 610 548 - 10.2%
$245,250 $232,500 - 5.2% $250,000 $241,240 - 3.5%
$268,980 $284,638 + 5.8% $286,565 $282,509 - 1.4%
95.9% 95.6% - 0.3% 95.4% 95.2% - 0.2%
59 96 + 62.7% 57 61 + 7.0%
110 151 + 37.3% -- -- --
* 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
Evanston
b
Attached Single-Family
a
+ 30%
+ 20%
All MLS
Evanston
b
a
+ 30%
+ 20%
+ 10%
+ 10%
0%
0%
- 10%
- 10%
- 20%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019
- 30%
- 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.