Market Stats Booklet October 2017 Market Stats | Page 12

Local Market Update – September 2017
LOCAL MARKET UPDATE
September 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2017
CBHomes.com
Skokie
+ 13.3% + 1.5% - 1.2%
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
9-2016 9-2017 + / – 9-2016 9-2017 + / –
62 73 + 17.7% 851 832 - 2.2%
39 35 - 10.3% 518 469 - 9.5%
42 39 - 7.1% 524 477 - 9.0%
$299,000 $327,500 + 9.5% $310,000 $320,000 + 3.2%
$307,125 $353,617 + 15.1% $336,364 $348,445 + 3.6%
96.8% 95.4% - 1.4% 95.2% 95.4% + 0.2%
63 42 - 33.3% 77 76 - 1.3%
148 176 + 18.9% -- -- --
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
9-2016 9-2017 + / – 9-2016 9-2017 + / –
36 38 + 5.6% 456 483 + 5.9%
16 20 + 25.0% 254 300 + 18.1%
23 27 + 17.4% 249 308 + 23.7%
$182,500 $204,000 + 11.8% $175,000 $185,000 + 5.7%
$177,175 $219,992 + 24.2% $194,332 $203,087 + 4.5%
94.3% 94.2% - 0.1% 94.0% 94.4% + 0.4%
68 89 + 30.9% 90 85 - 5.6%
108 77 - 28.7% -- -- --
* 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
Skokie
b
Attached Single-Family
+ 25% + 50%
+ 20% + 40%
+ 15%
All MLS
Skokie
a
b
a
+ 30%
+ 10%
+ 20%
+ 5%
+ 10%
0%
0%
- 5%
- 10%
- 10%
- 20%
- 15%
- 30%
- 20%
- 25%
1-2009
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.