Market Stats Booklet Northshore Market Stats September 2018 Online V | Page 4

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
Glencoe
+ 21.7% + 83.3% - 8.4%
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 + / –
22 27 + 22.7% 316 358 + 13.3%
11 9 - 18.2% 139 175 + 25.9%
5 10 + 100.0% 135 173 + 28.1%
$985,000 $728,100 - 26.1% $866,000 $861,250 - 0.5%
$1,085,000 $1,262,862 + 16.4% $1,114,403 $1,103,053 - 1.0%
88.3% 87.7% - 0.7% 90.5% 90.1% - 0.4%
99 256 + 158.6% 143 146 + 2.1%
103 95 - 7.8% -- -- --
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 + / –
1 1 0.0% 17 18 + 5.9%
0 1 -- 12 13 + 8.3%
1 1 0.0% 13 13 0.0%
$235,000 $239,000 + 1.7% $212,500 $229,000 + 7.8%
$235,000 $239,000 + 1.7% $241,077 $260,385 + 8.0%
95.9% 88.6% - 7.6% 92.2% 93.2% + 1.1%
315 49 - 84.4% 129 97 - 24.8%
4 3 - 25.0% -- -- --
* 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
Glencoe
+ 50%
b
Attached Single-Family
a
All MLS
Glencoe
b
a
+ 150%
+ 40%
+ 30%
+ 100%
+ 20%
+ 50%
+ 10%
0%
0%
- 10%
- 20%
- 50%
- 30%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 100%
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.