Market Stats Booklet Northshore Market Stats September 2018 Online V | Page 13

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
Wilmette
+ 82.0% - 12.9% + 13.5%
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 + / –
42 78 + 85.7% 699 734 + 5.0%
16 14 - 12.5% 372 355 - 4.6%
25 22 - 12.0% 382 355 - 7.1%
$734,000 $832,500 + 13.4% $734,500 $800,000 + 8.9%
$768,450 $824,625 + 7.3% $835,198 $918,214 + 9.9%
91.6% 91.7% + 0.1% 93.1% 93.2% + 0.1%
97 89 - 8.2% 107 97 - 9.3%
158 179 + 13.3% -- -- --
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 + / –
8 13 + 62.5% 142 138 - 2.8%
5 2 - 60.0% 103 93 - 9.7%
6 5 - 16.7% 107 95 - 11.2%
$284,000 $458,000 + 61.3% $347,000 $310,000 - 10.7%
$266,667 $446,600 + 67.5% $377,858 $353,907 - 6.3%
90.2% 95.6% + 6.0% 92.7% 94.2% + 1.6%
72 48 - 33.3% 94 79 - 16.0%
27 31 + 14.8% -- -- --
* 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
Wilmette
+ 40%
+ 30%
b
Attached Single-Family
a
All MLS
Wilmette
b
a
+ 60%
+ 40%
+ 20%
+ 20%
+ 10%
0%
0%
- 20%
- 10%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 40%
- 60%
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.