September 2018 Real Estate Summary

Skokie Local Market Update September 2018

Information courtesy of Andrew Herrmann – @properties

+ 13.5%

change in
NEW LISTINGS
all properties

-20.9%

change in
CLOSED SALES
all properties

+11.4%

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

9/2017

73
32
40
$331,250
$362,651
95.4%
41
183

9/2018

85
26
32
$330,000
$359,935
95.8%
84
191

+ / –

+ 16.4%
– 18.8%
– 20.0%
– 0.4%
– 0.7%
+ 0.4%
– 104.9%
+ 4.4%

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

9/2017

38
19
27
$204,000
$219,992
94.2%
89
80

8/2018

41
30
21
$194,000
$209,521
99.0%
89
102

+ / –

+ 7.9%
+ 57.9%
– 22.2%
– 4.9%
– 4.8%
– 1.3%
0.0%
+ 27.5