Market Stats Booklet Northshore Market Stats September 2018 Online V | Page 10

Local Market Update – September 2018
LOCAL MARKET UPDATE
September 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2018
CBHomes.com
Northbrook
- 19.7% - 3.3% + 1.7%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
September
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
9-2017 9-2018 + / – 9-2017 9-2018 + / –
94 75 - 20.2% 1,098 1,018 - 7.3%
40 33 - 17.5% 493 458 - 7.1%
36 33 - 8.3% 484 452 - 6.6%
$507,500 $605,000 + 19.2% $547,000 $567,500 + 3.7%
$571,639 $687,106 + 20.2% $614,400 $632,115 + 2.9%
92.6% 94.4% + 1.9% 93.4% 93.8% + 0.4%
85 101 + 18.8% 114 102 - 10.5%
252 252 0.0% -- -- --
September
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
9-2017 9-2018 + / – 9-2017 9-2018 + / –
53 43 - 18.9% 473 473 0.0%
20 19 - 5.0% 286 285 - 0.3%
25 26 + 4.0% 279 294 + 5.4%
$279,000 $286,000 + 2.5% $290,000 $296,000 + 2.1%
$316,976 $310,551 - 2.0% $318,434 $325,488 + 2.2%
95.8% 91.7% - 4.3% 94.0% 93.7% - 0.3%
74 88 + 18.9% 72 87 + 20.8%
104 110 + 5.8% -- -- --
* 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
Northbrook
+ 40%
b
Attached Single-Family
a
All MLS
Northbrook
b
a
+ 60%
+ 50%
+ 30%
+ 40%
+ 20%
+ 10%
+ 30%
+ 20%
+ 10%
0%
- 10%
0%
- 10%
- 20%
- 20%
- 30%
- 30%
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.