Market Stats Booklet North Shore Market Stats March 2019 | Page 4

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
Glencoe
- 37.5% - 42.9% - 8.9%
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 + / –
43 29 - 32.6% 330 366 + 10.9%
16 21 + 31.3% 154 173 + 12.3%
12 8 - 33.3% 158 166 + 5.1%
$700,500 $994,500 + 42.0% $911,000 $849,500 - 6.8%
$746,500 $1,450,250 + 94.3% $1,151,407 $1,200,468 + 4.3%
83.5% 89.6% + 7.3% 89.4% 91.4% + 2.2%
211 153 - 27.5% 160 125 - 21.9%
97 88 - 9.3% -- -- --
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 + / –
5 1 - 80.0% 16 16 0.0%
2 0 - 100.0% 12 11 - 8.3%
2 0 - 100.0% 12 12 0.0%
$228,000 $0 - 100.0% $172,500 $234,000 + 35.7%
+ 29.0%
$228,000 $0 - 100.0% $217,917 $281,132 110.0% 0.0% - 100.0% 95.1% 90.9% - 4.4%
79 0 - 100.0% 188 46 - 75.5%
4 4 0.0% -- -- --
* 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
Glencoe
b
Attached Single-Family
a
+ 50%
All MLS
Glencoe
b
a
+ 150%
+ 40%
+ 30%
+ 100%
+ 20%
+ 50%
+ 10%
0%
0%
- 10%
- 20%
- 50%
- 30%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019
- 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.