Market Stats Booklet North Shore Market Stats November | Page 3

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
Evanston
+ 32.9% - 27.0% + 14.8%
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 + / –
36 41 + 13.9% 760 762 + 0.3%
32 14 - 56.3% 465 423 - 9.0%
36 22 - 38.9% 462 440 - 4.8%
$501,250 $527,500 + 5.2% $540,000 $542,500 + 0.5%
$539,833 $787,155 + 45.8% $630,817 $633,664 + 0.5%
92.6% 92.2% - 0.4% 95.4% 95.0% - 0.4%
80 85 + 6.3% 75 72 - 4.0%
128 126 - 1.6% -- -- --
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
+ / –
34 52 + 52.9% 870 899 + 3.3%
37 32 - 13.5% 633 546 - 13.7%
38 32 - 15.8% 633 559 - 11.7%
$229,750 $235,000 + 2.3% $245,000 $246,000 + 0.4%
$242,071 $372,041 + 53.7% $279,873 $284,184 + 1.5%
93.2% 95.9% + 2.9% 95.4% 95.0% - 0.4%
72 31 - 56.9% 57 60 + 5.3%
122 161 + 32.0% -- -- --
* 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
Evanston
+ 30%
+ 20%
b
Attached Single-Family
a
All MLS
Evanston
b
a
+ 30%
+ 20%
+ 10%
+ 10%
0%
0%
- 10%
- 10%
- 20%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 30%
- 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.