Market Stats Booklet Northshore Market Stats October 2018 | Page 5
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
Glenview
+ 55.7% - 7.7% + 17.7%
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 + / –
62 99 + 59.7% 1,128 1,325 + 17.5%
29 44 + 51.7% 566 543 - 4.1%
39 37 - 5.1% 589 520 - 11.7%
$417,500 $565,000 + 35.3% $545,000 $556,950 + 2.2%
$500,011 $622,730 + 24.5% $638,464 $639,458 + 0.2%
93.0% 94.7% + 1.8% 94.3% 93.9% - 0.4%
130 76 - 41.5% 111 107 - 3.6%
264 286 + 8.3% -- -- --
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 + / –
26 38 + 46.2% 464 560 + 20.7%
29 22 - 24.1% 311 276 - 11.3%
26 23 - 11.5% 313 280 - 10.5%
$264,000 $375,000 + 42.0% $275,000 $305,000 + 10.9%
$303,302 $363,556 + 19.9% $312,658 $334,278 + 6.9%
94.8% 95.3% + 0.5% 95.5% 95.3% - 0.2%
70 86 + 22.9% 69 62 - 10.1%
64 100 + 56.3% -- -- --
* 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
Glenview
b
Attached Single-Family
a
+ 40% + 100%
+ 30% + 80%
+ 20%
All MLS
Glenview
b
a
+ 60%
+ 10%
+ 40%
0%
+ 20%
- 10%
- 20%
0%
- 30% - 20%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 - 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.