Market Stats Booklet Northshore Market Stats September 2018 Online V | Page 3

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
Evanston
- 3.0% - 4.0% + 9.6%
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 + / –
65 58 - 10.8% 738 751 + 1.8%
33 32 - 3.0% 463 446 - 3.7%
33 25 - 24.2% 458 452 - 1.3%
$515,000 $507,500 - 1.5% $535,000 $540,000 + 0.9%
$624,448 $576,496 - 7.7% $632,402 $622,141 - 1.6%
95.5% 92.7% - 2.9% 95.7% 95.0% - 0.7%
64 66 + 3.1% 72 76 + 5.6%
149 148 - 0.7% -- -- --
+ / – 9-2017 9-2018
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
+ / –
69 72 + 4.3% 870 861 - 1.0%
43 26 - 39.5% 629 556 - 11.6%
42 47 + 11.9% 628 580 - 7.6%
$259,250 $225,000 - 13.2% $247,375 $245,750 - 0.7%
$288,746 $248,470 - 13.9% $282,733 $278,245 - 1.6%
94.2% 94.7% + 0.5% 95.6% 95.0% - 0.6%
46 43 - 6.5% 61 61 0.0%
144 173 + 20.1% -- -- --
* 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
Evanston
+ 30%
+ 20%
b
Attached Single-Family
a
All MLS
Evanston
b
a
+ 30%
+ 20%
+ 10%
+ 10%
0%
0%
- 10%
- 10%
- 20%
- 20%
- 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 30%
- 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.