Market Stats Booklet Northshore Market Stats Book JULY 2018 | Page 13

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
Wilmette
+ 17.7% - 39.1% + 2.4%
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 + / –
50 62 + 24.0% 713 672 - 5.8%
19 24 + 26.3% 372 357 - 4.0%
56 29 - 48.2% 398 361 - 9.3%
$717,500 $694,000 - 3.3% $710,000 $790,000 + 11.3%
$844,434 $806,426 - 4.5% $825,940 $914,123 + 10.7%
93.9% 92.2% - 1.8% 93.3% 93.3% 0.0%
116 75 - 35.3% 104 93 - 10.6%
176 179 + 1.7% -- -- --
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
7-2017 7-2018 + / – 7-2017 7-2018 + / –
12 11 - 8.3% 147 138 - 6.1%
9 6 - 33.3% 105 99 - 5.7%
13 13 0.0% 108 104 - 3.7%
$370,000 $325,000 - 12.2% $345,875 $305,500 - 11.7%
$442,404 $394,231 - 10.9% $376,570 $351,125 - 6.8%
93.3% 94.8% + 1.6% 92.8% 93.3% + 0.5%
134 27 - 79.9% 106 85 - 19.8%
30 32 + 6.7% -- -- --
* 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
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.