Market Stats Booklet North Shore Market Stats November | Page 13

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
Wilmette
- 3.4% 0.0% + 19.1%
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 + / –
18 23 + 27.8% 677 763 + 12.7%
18 17 - 5.6% 371 356 - 4.0%
24 27 + 12.5% 372 360 - 3.2%
$685,655 $550,000 - 19.8% $737,000 $753,250 + 2.2%
$1,095,367 $682,730 - 37.7% $852,787 $876,844 + 2.8%
91.0% 92.4% + 1.5% 93.0% 93.5% + 0.5%
164 77 - 53.0% 111 87 - 21.6%
116 136 + 17.2% -- -- --
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 + / –
11 5 - 54.5% 135 140 + 3.7%
9 5 - 44.4% 110 89 - 19.1%
11 8 - 27.3% 110 90 - 18.2%
$267,500 $460,000 + 72.0% $328,750 $330,000 + 0.4%
$289,273 $413,000 + 42.8% $365,863 $374,418 + 2.3%
91.0% 94.6% + 4.0% 92.2% 95.1% + 3.1%
90 46 - 48.9% 101 68 - 32.7%
20 26 + 30.0% -- -- --
* 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
Wilmette
+ 40%
+ 30%
b
Attached Single-Family
a
All MLS
Wilmette
b
a
+ 60%
+ 40%
+ 20%
+ 20%
+ 10%
0%
0%
- 20%
- 10%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 40%
- 60%
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.