Market Stats Booklet Northshore Market Stats September 2018 Online V | Page 12

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
Skokie
+ 13.5% - 20.9% + 11.4%
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 + / –
73 85 + 16.4% 832 917 + 10.2%
32 26 - 18.8% 463 458 - 1.1%
40 32 - 20.0% 478 457 - 4.4%
$331,250 $330,000 - 0.4% $321,000 $342,247 + 6.6%
$362,651 $359,935 - 0.7% $349,212 $365,793 + 4.7%
95.4% 95.8% + 0.4% 95.4% 95.2% - 0.2%
41 84 + 104.9% 76 76 0.0%
183 191 + 4.4% -- -- --
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 + / –
38 41 + 7.9% 483 495 + 2.5%
19 30 + 57.9% 297 264 - 11.1%
27 21 - 22.2% 308 251 - 18.5%
$204,000 $194,000 - 4.9% $185,000 $190,000 + 2.7%
$219,992 $209,521 - 4.8% $203,087 $199,073 - 2.0%
94.2% 93.0% - 1.3% 94.4% 94.7% + 0.3%
89 89 0.0% 85 62 - 27.1%
80 102 + 27.5% -- -- --
* 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
Skokie
b
Attached Single-Family
a
+ 25% + 50%
+ 20% + 40%
+ 15%
+ 10%
All MLS
Skokie
b
a
+ 30%
+ 20%
+ 5%
+ 10%
0%
- 5%
- 10%
- 15%
0%
- 10%
- 20%
- 20% - 30%
- 25%
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.