Market Stats Booklet North Shore Market Stats November | Page 8

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
Lake Bluff
0.0% - 14.3% + 20.3%
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 + / –
12 11 - 8.3% 236 281 + 19.1%
5 2 - 60.0% 130 125 - 3.8%
8 8 0.0% 138 130 - 5.8%
$775,000 $556,250 - 28.2% $581,075 $534,250 - 8.1%
$853,113 $574,375 - 32.7% $630,824 $620,076 - 1.7%
95.3% 90.3% - 5.2% 91.8% 92.8% + 1.1%
130 99 - 23.8% 128 119 - 7.0%
59 81 + 37.3% -- -- --
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 2 + 100.0% 67 58 - 13.4%
4 3 - 25.0% 44 47 + 6.8%
6 4 - 33.3% 43 46 + 7.0%
$234,350 $316,250 + 34.9% $215,000 $208,450 - 3.0%
$264,367 $313,125 + 18.4% $233,202 $253,974 + 8.9%
92.2% 93.5% + 1.4% 92.8% 94.2% + 1.5%
55 53 - 3.6% 60 69 + 15.0%
15 8 - 46.7% -- -- --
* 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
Lake Bluff
+ 80%
+ 60%
b
Attached Single-Family
a
All MLS
Lake Bluff
b
a
+ 200%
+ 150%
+ 40%
+ 100%
+ 20%
+ 50%
0%
0%
- 20%
- 40%
- 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 50%
- 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.