Market Stats Booklet Northshore Market Stats October 2018 | Page 7

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
Kenilworth
+ 50.0% - 25.0% + 5.1%
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 + / –
8 12 + 50.0% 119 133 + 11.8%
2 1 - 50.0% 56 47 - 16.1%
4 3 - 25.0% 64 48 - 25.0%
$1,532,500 $640,000 - 58.2% $1,389,500 $1,165,000 - 16.2%
$1,766,250 $694,500 - 60.7% $1,453,359 $1,285,085 - 11.6%
85.2% 94.6% + 11.0% 89.1% 92.7% + 4.0%
238 31 - 87.0% 229 123 - 46.3%
39 41 + 5.1% -- -- --
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 0 -- 2 2 0.0%
0 0 -- 1 2 + 100.0%
0 0 -- 1 2 + 100.0%
$0 $0 -- $660,000 $559,444 - 15.2%
$0 $0 -- $660,000 $559,444 - 15.2%
0.0% 0.0% -- 94.4% 98.1% + 3.9%
0 0 -- 134 55 - 59.0%
0 0 -- -- -- --
* 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
Kenilworth
b
Attached Single-Family
a
+ 120% + 25%
+ 100% + 20%
+ 80%
+ 60%
All MLS
Kenilworth
b
a
+ 15%
+ 10%
+ 5%
+ 40%
0%
+ 20%
- 5%
0%
- 20%
- 10%
- 15%
- 40% - 20%
- 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 - 25%
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.