Market Stats Booklet Northshore Market Stats September 2018 Online V | Page 8

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
Lake Bluff
- 21.2% + 25.0% + 16.7%
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 + / –
23 22 - 4.3% 241 272 + 12.9%
7 13 + 85.7% 135 130 - 3.7%
7 6 - 14.3% 139 126 - 9.4%
$620,000 $656,250 + 5.8% $525,000 $560,000 + 6.7%
$621,286 $642,417 + 3.4% $635,505 $642,138 + 1.0%
91.6% 89.9% - 1.9% 91.7% 93.1% + 1.5%
117 212 + 81.2% 127 129 + 1.6%
70 89 + 27.1% -- -- --
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 + / –
10 4 - 60.0% 65 60 - 7.7%
7 1 - 85.7% 42 45 + 7.1%
1 4 + 300.0% 39 51 + 30.8%
$530,000 $178,000 - 66.4% $217,000 $208,000 - 4.1%
$530,000 $266,500 - 49.7% $233,115 $245,922 + 5.5%
92.2% 94.3% + 2.3% 92.3% 94.5% + 2.4%
251 36 - 85.7% 78 64 - 17.9%
20 16 - 20.0% -- -- --
* 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
Lake Bluff
+ 80%
+ 60%
b
Attached Single-Family
a
All MLS
Lake Bluff
b
a
+ 200%
+ 150%
+ 40%
+ 100%
+ 20%
+ 50%
0%
0%
- 20%
- 40%
- 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 50%
- 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.