Market Stats Booklet North Shore Market Stats March 2019 | Page 7

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
Kenilworth
- 26.7% - 66.7% - 9.1%
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 + / –
15 11 - 26.7% 123 127 + 3.3%
9 2 - 77.8% 55 35 - 36.4%
3 1 - 66.7% 57 44 - 22.8%
$1,475,000 $870,000 - 41.0% $1,475,000 $1,060,000 - 28.1%
$1,401,667 $870,000 - 37.9% $1,538,945 $1,309,470 - 14.9%
88.3% 92.1% + 4.3% 90.2% 92.4% + 2.4%
107 272 + 154.2% 207 130 - 37.2%
43 40 - 7.0% -- -- --
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 + / –
0 0 -- 2 2 0.0%
0 0 -- 0 2 --
0 0 -- 1 2 + 100.0%
$0 $0 -- $660,000 $559,444 - 15.2%
$0 $0 -- $660,000 $559,444 - 15.2%
0.0% 0.0% -- 94.4% 98.1% + 3.9%
0 0 -- 134 55 - 59.0%
1 0 - 100.0% -- -- --
* 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
Kenilworth
b
Attached Single-Family
a
+ 120% + 25%
+ 100% + 20%
+ 80%
+ 60%
All MLS
Kenilworth
b
a
+ 15%
+ 10%
+ 5%
+ 40%
0%
+ 20%
- 5%
0%
- 20%
- 10%
- 15%
- 40% - 20%
- 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 - 25%
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.