Market Stats Booklet November 2017 Market Stats | Page 13
Local Market Update – October 2017
LOCAL MARKET UPDATE
October 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2017
CBHomes.com
Wilmette
- 38.5% - 44.4% - 22.7%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
October
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
10-2016 10-2017 + / – 10-2016 10-2017 + / –
39 27 - 30.8% 729 686 - 5.9%
26 22 - 15.4% 383 368 - 3.9%
24 14 - 41.7% 391 371 - 5.1%
$660,000 $816,500 + 23.7% $736,000 $740,000 + 0.5%
$838,645 $889,429 + 6.1% $866,151 $836,779 - 3.4%
92.0% 91.8% - 0.2% 93.4% 93.2% - 0.2%
130 165 + 26.9% 98 107 + 9.2%
167 138 - 17.4% -- -- --
October
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
10-2016 10-2017 + / – 10-2016 10-2017 + / –
13 5 - 61.5% 149 134 - 10.1%
5 7 + 40.0% 100 105 + 5.0%
12 6 - 50.0% 104 101 - 2.9%
$335,750 $290,000 - 13.6% $295,500 $346,750 + 17.3%
$365,700 $303,750 - 16.9% $342,542 $374,900 + 9.4%
93.2% 88.2% - 5.4% 92.2% 92.4% + 0.2%
55 155 + 181.8% 100 102 + 2.0%
40 22 - 45.0% -- -- --
* 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
Wilmette
b
Attached Single-Family
All MLS
Wilmette
a
b
a
+ 60%
+ 40%
+ 30%
+ 40%
+ 20%
+ 20%
+ 10%
0%
0%
- 20%
- 10%
- 40%
- 20%
- 30%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 60%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
** 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 © 2017 ShowingTime.