Market Stats Booklet November 2017 Market Stats | Page 3

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
Evanston
+ 20.6% + 5.7% + 4.5%
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 + / –
44 53 + 20.5% 743 746 + 0.4%
39 28 - 28.2% 486 454 - 6.6%
25 27 + 8.0% 482 460 - 4.6%
$450,000 $430,000 - 4.4% $515,500 $540,000 + 4.8%
$485,115 $566,274 + 16.7% $591,401 $636,526 + 7.6%
96.0% 94.5% - 1.6% 95.5% 95.6% + 0.1%
80 117 + 46.3% 76 75 - 1.3%
120 144 + 20.0% -- -- --
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 + / –
53 64 + 20.8% 856 880 + 2.8%
46 46 0.0% 660 630 - 4.5%
45 47 + 4.4% 674 630 - 6.5%
$230,000 $250,000 + 8.7% $220,000 $248,500 + 13.0%
$304,467 $308,357 + 1.3% $259,085 $283,093 + 9.3%
95.4% 94.8% - 0.6% 94.3% 95.5% + 1.3%
88 44 - 50.0% 85 57 - 32.9%
145 133 - 8.3% -- -- --
* 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
b
Attached Single-Family
All MLS
Evanston
a
b
a
+ 30%
+ 30%
+ 20%
+ 20%
+ 10%
+ 10%
0%
0%
- 10%
- 10%
- 20%
- 20%
- 30%
1-2009
- 30%
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 40%
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.