Market Stats Booklet Northshore Market Stats Book JULY 2018 | Page 3

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
Evanston
+ 2.0% - 13.2% + 6.8%
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 + / –
63 61 - 3.2% 731 747 + 2.2%
42 45 + 7.1% 459 450 - 2.0%
51 43 - 15.7% 468 459 - 1.9%
$725,000 $569,500 - 21.4% $533,750 $540,000 + 1.2%
$744,959 $678,954 - 8.9% $625,735 $626,492 + 0.1%
96.0% 94.3% - 1.8% 95.6% 95.0% - 0.6%
55 64 + 16.4% 69 76 + 10.1%
137 130 - 5.1% -- -- --
7-2017 7-2018 + / – 7-2017 7-2018 86 91 + 5.8% 868 864 - 0.5%
48 58 + 20.8% 636 572 - 10.1%
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
+ / –
63 56 - 11.1% 659 571 - 13.4%
$250,000 $231,500 - 7.4% $235,000 $246,000 + 4.7%
$275,997 $277,705 + 0.6% $279,845 $279,603 - 0.1%
96.4% 97.3% + 0.9% 95.3% 95.2% - 0.1%
45 36 - 20.0% 66 59 - 10.6%
129 154 + 19.4% -- -- --
* 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.