Market Stats Booklet Northshore Market Stats October 2018 | Page 3

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
Evanston
+ 22.5% - 18.4% + 9.4%
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 + / –
55 61 + 10.9% 749 756 + 0.9%
27 27 0.0% 451 443 - 1.8%
29 31 + 6.9% 462 454 - 1.7%
$442,500 $437,500 - 1.1% $540,000 $540,000 0.0%
$573,859 $527,832 - 8.0% $636,698 $618,786 - 2.8%
94.3% 94.5% + 0.2% 95.6% 95.0% - 0.6%
118 54 - 54.2% 75 72 - 4.0%
149 140 - 6.0% -- -- --
10-2017 10-2018
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 + / –
+ / –
65 86 + 32.3% 882 882 0.0%
43 40 - 7.0% 626 553 - 11.7%
47 31 - 34.0% 630 564 - 10.5%
$250,000 $250,000 0.0% $248,500 $245,750 - 1.1%
$308,357 $290,664 - 5.7% $283,093 $276,418 - 2.4%
94.8% 92.3% - 2.6% 95.5% 94.9% - 0.6%
44 69 + 56.8% 57 63 + 10.5%
139 175 + 25.9% -- -- --
* 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.