Market Stats Booklet Northshore Market Stats October 2018 | Page 14

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
Winnetka
+ 144.4% - 18.2% - 9.3%
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 + / –
18 40 + 122.2% 509 512 + 0.6%
12 16 + 33.3% 257 247 - 3.9%
19 16 - 15.8% 262 239 - 8.8%
$1,000,000 $1,182,500 + 18.3% $1,113,750 $1,179,000 + 5.9%
$1,111,895 $1,361,938 + 22.5% $1,344,443 $1,542,392 + 14.7%
92.3% 90.9% - 1.5% 91.6% 91.6% 0.0%
111 273 + 145.9% 153 158 + 3.3%
141 128 - 9.2% -- -- --
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 + / –
0 4 -- 29 29 0.0%
0 2 -- 26 21 - 19.2%
3 2 - 33.3% 31 19 - 38.7%
$395,000 $334,500 - 15.3% $395,000 $360,000 - 8.9%
$442,500 $334,500 - 24.4% $432,516 $354,974 - 17.9%
96.4% 94.1% - 2.4% 90.7% 93.5% + 3.1%
28 32 + 14.3% 148 92 - 37.8%
9 8 - 11.1% -- -- --
* 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
Winnetka
b
Attached Single-Family
a
+ 40% + 80%
+ 30% + 60%
+ 20%
All MLS
Winnetka
b
a
+ 40%
+ 10%
+ 20%
0%
0%
- 10%
- 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
** 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.