Market Stats Booklet Northshore Market Stats Book JULY 2018 | Page 12

Local Market Update – July 2018
LOCAL MARKET UPDATE
July 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of August 14, 2018
CBHomes.com
Skokie
+ 8.5% - 32.2% + 3.0%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
July
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
7-2017 7-2018 + / – 7-2017 7-2018 + / –
96 104 + 8.3% 827 891 + 7.7%
36 37 + 2.8% 464 473 + 1.9%
48 34 - 29.2% 499 454 - 9.0%
$342,500 $335,000 - 2.2% $318,500 $339,575 + 6.6%
$359,240 $355,745 - 1.0% $343,868 $363,511 + 5.7%
94.3% 96.2% + 2.0% 95.3% 95.2% - 0.1%
73 59 - 19.2% 76 74 - 2.6%
188 182 - 3.2% -- -- --
7-2017 7-2018 + / – 7-2017 7-2018 + / –
45 49 + 8.9% 480 482 + 0.4%
28 21 - 25.0% 299 258 - 13.7%
42 27 - 35.7% 304 267 - 12.2%
$193,500 $160,000 - 17.3% $183,500 $186,000 + 1.4%
$196,895 $183,872 - 6.6% $200,902 $199,734 - 0.6%
94.1% 96.9% + 3.0% 94.0% 95.0% + 1.1%
56 31 - 44.6% 84 64 - 23.8%
81 95 + 17.3% -- -- --
July
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
* 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.