Market Stats Booklet October 2017 Market Stats | Page 3

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
Evanston
- 5.0% - 21.9% - 3.7%
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
9-2016 9-2017 + / – 9-2016 9-2017 + / –
69 64 - 7.2% 746 737 - 1.2%
30 35 + 16.7% 485 467 - 3.7%
40 33 - 17.5% 496 458 - 7.7%
$487,500 $515,000 + 5.6% $525,000 $535,000 + 1.9%
$625,675 $624,448 - 0.2% $594,926 $632,402 + 6.3%
95.0% 95.5% + 0.5% 95.3% 95.7% + 0.4%
44 64 + 45.5% 75 72 - 4.0%
135 144 + 6.7% -- -- --
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 + / –
70 68 - 2.9% 863 868 + 0.6%
43 44 + 2.3% 663 631 - 4.8%
56 42 - 25.0% 675 628 - 7.0%
$207,500 $259,250 + 24.9% $220,000 $247,375 + 12.4%
$249,765 $288,746 + 15.6% $253,721 $282,733 + 11.4%
95.0% 94.2% - 0.8% 94.1% 95.6% + 1.6%
61 46 - 24.6% 85 61 - 28.2%
160 140 - 12.5% -- -- --
* 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.