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%