Market Stats Booklet October 2017 Market Stats | Page 13
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
Wilmette
- 22.2% - 32.6% - 19.2%
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 + / –
53 41 - 22.6% 736 698 - 5.2%
26 16 - 38.5% 387 372 - 3.9%
35 23 - 34.3% 395 380 - 3.8%
$651,000 $734,000 + 12.7% $740,000 $734,500 - 0.7%
$758,027 $771,500 + 1.8% $873,650 $835,615 - 4.4%
93.2% 92.5% - 0.8% 93.5% 93.2% - 0.3%
75 92 + 22.7% 94 107 + 13.8%
182 155 - 14.8% -- -- --
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
9-2016 9-2017 + / – 9-2016 9-2017 + / –
10 8 - 20.0% 145 142 - 2.1%
5 6 + 20.0% 103 104 + 1.0%
8 6 - 25.0% 96 107 + 11.5%
$265,000 $284,000 + 7.2% $292,500 $347,000 + 18.6%
$372,281 $266,667 - 28.4% $340,998 $377,764 + 10.8%
90.7% 90.2% - 0.6% 92.2% 92.7% + 0.5%
73 72 - 1.4% 111 94 - 15.3%
42 26 - 38.1% -- -- --
* 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.