Market Stats Booklet North Shore Market Stats November | Page 4

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
Glencoe
+ 133.3% - 11.1% - 1.1%
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 + / –
8 20 + 150.0% 326 379 + 16.3%
10 8 - 20.0% 144 171 + 18.8%
9 8 - 11.1% 140 176 + 25.7%
$850,000 $924,733 + 8.8% $868,000 $861,125 - 0.8%
$877,878 $913,058 + 4.0% $1,126,674 $1,126,132 - 0.0%
89.5% 90.9% + 1.6% 90.6% 90.1% - 0.6%
179 119 - 33.5% 143 142 - 0.7%
91 88 - 3.3% -- -- --
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 + / –
1 1 0.0% 14 20 + 42.9%
0 1 -- 10 14 + 40.0%
0 0 -- 11 12 + 9.1%
$0 $0 -- $164,000 $234,000 + 42.7%
$0 $0 -- $199,591 $273,750 + 37.2%
0.0% 0.0% -- 93.6% 93.4% - 0.2%
0 0 -- 137 104 - 24.1%
3 5 + 66.7% -- -- --
* 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
Glencoe
+ 50%
b
Attached Single-Family
a
All MLS
Glencoe
b
a
+ 150%
+ 40%
+ 30%
+ 100%
+ 20%
+ 50%
+ 10%
0%
0%
- 10%
- 20%
- 50%
- 30%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 100%
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.