Market Stats Booklet North Shore Market Stats March 2019 | Page 5

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
Glenview
+ 3.0% - 18.5% + 21.0%
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 + / –
127 130 + 2.4% 1,085 1,356 + 25.0%
57 71 + 24.6% 535 522 - 2.4%
50 33 - 34.0% 577 507 - 12.1%
$541,250 $430,000 - 20.6% $560,000 $546,000 - 2.5%
$597,740 $571,302 - 4.4% $636,972 $644,232 + 1.1%
94.0% 93.3% - 0.7% 94.4% 93.8% - 0.6%
134 196 + 46.3% 109 112 + 2.8%
227 272 + 19.8% -- -- --
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 + / –
70 73 + 4.3% 461 618 + 34.1%
26 31 + 19.2% 300 294 - 2.0%
15 20 + 33.3% 315 288 - 8.6%
$272,350 $259,000 - 4.9% $305,000 $275,000 - 9.8%
$295,257 $289,874 - 1.8% $326,454 $317,915 - 2.6%
96.5% 95.8% - 0.7% 95.6% 94.9% - 0.7%
56 81 + 44.6% 73 65 - 11.0%
92 114 + 23.9% -- -- --
* 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
Glenview
b
Attached Single-Family
a
+ 40% + 100%
+ 30% + 80%
+ 20%
All MLS
Glenview
b
a
+ 60%
+ 10%
+ 40%
0%
+ 20%
- 10%
- 20%
0%
- 30% - 20%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 - 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.