Market Stats Booklet North Shore Market Stats November | Page 12

Local Market Update – November 2018
LOCAL MARKET UPDATE
November 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2018
CBHomes.com
Skokie
- 4.1% + 9.8% 0.0%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
November
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
11-2017 11-2018 + / – 11-2017 11-2018 + / –
45 40 - 11.1% 820 921 + 12.3%
31 25 - 19.4% 467 451 - 3.4%
36 34 - 5.6% 481 456 - 5.2%
$334,000 $297,450 - 10.9% $325,000 $341,150 + 5.0%
$389,308 $358,288 - 8.0% $353,393 $367,840 + 4.1%
93.7% 92.7% - 1.1% 95.4% 95.2% - 0.2%
78 91 + 16.7% 74 75 + 1.4%
144 139 - 3.5% -- -- --
November
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
11-2017 11-2018 + / – 11-2017 11-2018 + / –
28 30 + 7.1% 497 490 - 1.4%
15 13 - 13.3% 292 263 - 9.9%
15 22 + 46.7% 296 262 - 11.5%
$205,000 $180,000 - 12.2% $186,250 $189,000 + 1.5%
$207,787 $190,491 - 8.3% $202,682 $197,152 - 2.7%
94.2% 93.2% - 1.1% 94.4% 94.7% + 0.3%
38 95 + 150.0% 77 68 - 11.7%
84 89 + 6.0% -- -- --
* 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
Skokie
b
Attached Single-Family
a
+ 25% + 50%
+ 20% + 40%
+ 15%
+ 10%
All MLS
Skokie
b
a
+ 30%
+ 20%
+ 5%
+ 10%
0%
- 5%
- 10%
- 15%
0%
- 10%
- 20%
- 20% - 30%
- 25%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 - 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
** 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 © 2018 ShowingTime.