Market Stats Booklet Northshore Market Stats Book JULY 2018 | Page 6
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
Highland Park
+ 24.4% - 16.7% - 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 + / –
66 89 + 34.8% 928 944 + 1.7%
30 36 + 20.0% 427 432 + 1.2%
46 45 - 2.2% 422 423 + 0.2%
$510,000 $535,000 + 4.9% $525,000 $520,000 - 1.0%
$580,492 $582,837 + 0.4% $624,834 $575,651 - 7.9%
93.6% 93.4% - 0.2% 90.7% 91.6% + 1.0%
73 139 + 90.4% 132 137 + 3.8%
322 316 - 1.9% -- -- --
7-2017 7-2018 + / – 7-2017 7-2018 + / –
20 18 - 10.0% 226 192 - 15.0%
14 12 - 14.3% 120 97 - 19.2%
14 5 - 64.3% 118 97 - 17.8%
$295,000 $274,900 - 6.8% $293,500 $319,750 + 8.9%
$323,393 $284,560 - 12.0% $346,064 $379,176 + 9.6%
94.5% 95.0% + 0.5% 92.4% 92.8% + 0.4%
167 72 - 56.9% 123 123 0.0%
59 56 - 5.1% -- -- --
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
* 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
Highland Park
b
Attached Single-Family
a
All MLS
Highland Park
+ 30% + 80%
+ 20% + 60%
+ 10% + 40%
0% + 20%
- 10% 0%
- 20% - 20%
- 30% - 40%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 - 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
b
a
** 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