Market Stats Booklet September 2017 Market Stats | Page 13

Local Market Update – August 2017
LOCAL MARKET UPDATE
August 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of September 14, 2017
CBHomes.com
Wilmette
- 10.3% - 9.3% - 16.7%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
August
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
8-2016 8-2017 + / – 8-2016 8-2017 + / –
43 40 - 7.0% 728 709 - 2.6%
18 29 + 61.1% 380 382 + 0.5%
40 34 - 15.0% 385 392 + 1.8%
$721,250 $786,250 + 9.0% $749,000 $716,000 - 4.4%
$811,726 $885,594 + 9.1% $876,293 $832,450 - 5.0%
93.7% 92.9% - 0.9% 93.4% 93.2% - 0.2%
78 77 - 1.3% 95 105 + 10.5%
182 159 - 12.6% -- -- --
August
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
8-2016 8-2017 + / – 8-2016 8-2017 + / –
15 12 - 20.0% 142 144 + 1.4%
12 12 0.0% 102 104 + 2.0%
14 15 + 7.1% 94 109 + 16.0%
$262,500 $364,000 + 38.7% $295,500 $350,000 + 18.4%
$327,107 $380,600 + 16.4% $341,315 $383,478 + 12.4%
90.5% 90.1% - 0.4% 92.3% 92.7% + 0.4%
203 102 - 49.8% 111 93 - 16.2%
40 26 - 35.0% -- -- --
* 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.