October 2018 Real Estate Sales Summary

Skokie Local Market Update October 2018

Information courtesy of Andrew Herrmann – @properties

+ 1.9%

change in
NEW LISTINGS
all properties

+9.6%

change in
CLOSED SALES
all properties

+1.9%

change in
INVENTORY OF HOMES
all properties

Detached Single Family

New Listings
Under Contract
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

*Does not account for seller concessions | Activity for one month can sometimes look extreme due to small sample size

10/2017

63
39
34
$324,500
$348,601
94.7%
66
172

 

 

 

 

10/2018

72
44
35
$345,000
$407,247
96.2%
41
168

+ / –

+ 14.3%
+ 12.8%
+ 2.9%
+ 6.3%
+ 16.8%
– 1.6%
– 37.9%
– 2.3%

Attached Single Family

New Listings
Under Contract
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

*Does not account for seller concessions | Activity for one month can sometimes look extreme due to small sample size

10/2017

42
15
18
$199,878
$206,425
94.0%
46
87

10/2018

48
20
22
$196,643
$196,736
95.4%
69
96

+ / –

– 16.7%
+ 33.3%
+ 22.2%
– 1.6%
– 4.7%
+ 1.5%
+ 50.0%
+ 10.3%