Market Stats Booklet Northshore Market Stats October 2018 | Page 4

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
Glencoe
+ 45.5% + 30.0% - 7.6%
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 + / –
22 30 + 36.4% 327 367 + 12.2%
11 12 + 9.1% 142 174 + 22.5%
9 13 + 44.4% 138 177 + 28.3%
$900,000 $781,000 - 13.2% $885,000 $861,000 - 2.7%
$1,314,111 $1,522,660 + 15.9% $1,136,655 $1,123,140 - 1.2%
89.8% 89.1% - 0.8% 90.4% 90.1% - 0.3%
175 141 - 19.4% 146 144 - 1.4%
102 92 - 9.8% -- -- --
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 2 -- 14 20 + 42.9%
0 1 -- 10 13 + 30.0%
1 0 - 100.0% 13 12 - 7.7%
$100,000 $0 - 100.0% $164,000 $234,000 + 42.7%
$100,000 $0 - 100.0% $196,192 $273,750 + 39.5%
91.0% 0.0% - 100.0% 92.4% 93.4% + 1.1%
15 0 - 100.0% 123 104 - 15.4%
3 5 + 66.7% -- -- --
* 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
Glencoe
+ 50%
b
Attached Single-Family
a
All MLS
Glencoe
b
a
+ 150%
+ 40%
+ 30%
+ 100%
+ 20%
+ 50%
+ 10%
0%
0%
- 10%
- 20%
- 50%
- 30%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 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.