Market Stats Booklet Northshore Market Stats Book JULY 2018 | Page 8

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
Lake Bluff
+ 12.5% - 4.8% + 29.1%
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 + / –
17 20 + 17.6% 245 267 + 9.0%
11 10 - 9.1% 141 123 - 12.8%
13 13 0.0% 138 128 - 7.2%
$611,500 $508,000 - 16.9% $520,000 $524,250 + 0.8%
$707,531 $687,004 - 2.9% $679,527 $611,702 - 10.0%
89.3% 95.0% + 6.4% 91.3% 93.5% + 2.4%
179 51 - 71.5% 124 118 - 4.8%
63 87 + 38.1% -- -- --
7-2017 7-2018 + / – 7-2017 7-2018 + / –
7 7 0.0% 63 69 + 9.5%
1 6 + 500.0% 42 51 + 21.4%
8 7 - 12.5% 49 46 - 6.1%
$239,400 $208,900 - 12.7% $210,500 $208,450 - 1.0%
$275,600 $198,808 - 27.9% $219,057 $248,631 + 13.5%
94.7% 94.2% - 0.5% 92.5% 94.4% + 2.1%
33 47 + 42.4% 70 64 - 8.6%
16 15 - 6.3% -- -- --
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
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.