Market Stats Booklet September 2017 Market Stats | Page 3

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
Evanston
+ 9.1% - 15.7% - 3.5%
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 + / –
53 63 + 18.9% 735 741 + 0.8%
32 36 + 12.5% 495 465 - 6.1%
58 55 - 5.2% 507 465 - 8.3%
$540,000 $568,000 + 5.2% $525,000 $535,000 + 1.9%
$599,948 $654,791 + 9.1% $590,084 $632,388 + 7.2%
95.4% 95.6% + 0.2% 95.0% 95.6% + 0.6%
59 69 + 16.9% 78 70 - 10.3%
126 135 + 7.1% -- -- --
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 + / –
79 81 + 2.5% 871 870 - 0.1%
50 44 - 12.0% 668 630 - 5.7%
76 58 - 23.7% 675 641 - 5.0%
$210,000 $243,000 + 15.7% $222,000 $242,000 + 9.0%
$268,675 $264,099 - 1.7% $254,397 $279,744 + 10.0%
93.2% 96.7% + 3.8% 93.9% 95.6% + 1.8%
86 46 - 46.5% 87 62 - 28.7%
161 142 - 11.8% -- -- --
* 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.