Market Stats Booklet Northshore Market Stats October 2018 | Page 13

Local Market Update – October 2018
LOCAL MARKET UPDATE
October 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2018
CBHomes.com
Wilmette
+ 97.0% 0.0% + 21.2%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
October
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
10-2017 10-2018 + / – 10-2017 10-2018 + / –
28 52 + 85.7% 688 758 + 10.2%
22 24 + 9.1% 368 357 - 3.0%
14 16 + 14.3% 372 357 - 4.0%
$816,500 $675,000 - 17.3% $740,000 $765,000 + 3.4%
$889,429 $625,300 - 29.7% $837,016 $906,216 + 8.3%
91.8% 97.2% + 5.9% 93.1% 93.4% + 0.3%
165 76 - 53.9% 108 93 - 13.9%
143 170 + 18.9% -- -- --
October
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
10-2017 10-2018 + / – 10-2017 10-2018 + / –
5 13 + 160.0% 134 146 + 9.0%
7 8 + 14.3% 105 93 - 11.4%
6 4 - 33.3% 101 93 - 7.9%
$290,000 $375,000 + 29.3% $346,750 $310,000 - 10.6%
$303,750 $444,250 + 46.3% $374,900 $361,029 - 3.7%
88.2% 96.4% + 9.3% 92.4% 94.7% + 2.5%
155 37 - 76.1% 102 72 - 29.4%
22 30 + 36.4% -- -- --
* 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
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.