Market Stats Booklet North Shore Market Stats March 2019 | Page 6

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
Highland Park
+ 14.4% + 13.3% - 5.0%
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 + / –
99 108 + 9.1% 912 910 - 0.2%
57 32 - 43.9% 417 399 - 4.3%
23 27 + 17.4% 425 418 - 1.6%
$560,000 $430,000 - 23.2% $525,000 $536,500 + 2.2%
$627,065 $506,706 - 19.2% $616,182 $598,246 - 2.9%
92.5% 92.1% - 0.4% 91.6% 91.2% - 0.4%
187 154 - 17.6% 137 134 - 2.2%
280 252 - 10.0% -- -- --
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 + / –
19 27 + 42.1% 209 209 0.0%
6 11 + 83.3% 110 97 - 11.8%
7 7 0.0% 114 93 - 18.4%
$250,000 $390,000 + 56.0% $332,500 $320,000 - 3.8%
$346,929 $365,929 + 5.5% $390,857 $363,773 - 6.9%
95.2% 82.5% - 13.3% 92.5% 91.1% - 1.5%
106 206 + 94.3% 128 147 + 14.8%
63 74 + 17.5% -- -- --
* 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
Highland Park
b
Attached Single-Family
a
All MLS
Highland Park
+ 30% + 80%
+ 20% + 60%
+ 10% + 40%
0% + 20%
- 10% 0%
- 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
b
a
** 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.