Glencoe Market Stats by Karen Stroble (Feb 2019)

Page 1

Facts and TrendsTM - Published February 2019*

Chris Stephens Cell Phone: 847-321-0477 Email: cstephens@jamesonsir.com

Location: Zip 60022 Property Types: All Residential Properties - All Properties - All Properties - All Properties - All Properties Price Range: $650,000 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit Full Baths: 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

2934 Central St., Evanston, IL 60201 http://www.SRG.Properties 471.018529

Prepared for you by: Karen Stroble

Number of Homes For Sale vs. Sold vs. Pended (Nov. 2017 - Jan. 2019)

Curnt vs. Prev Month Jan. 19

Dec. 18

For Sale

59

49

Sold

9

Pended

7

Curnt vs. Same Month 1 Yr Ago

% Change

Curnt vs. Same Qtr 1 Yr Ago Nov. 18 to Jan. 19

Nov. 17 to Jan. 18

-9.2%

59

65

8

12.5%

23

9

-22.2%

23

Jan. 19

Jan. 18

20.4%

59

65

8

12.5%

9

10

-30%

7

% Change

TODAY STATS 2/1/2019 2/20/2019

1/1/2019 1/20/2019

-9.2%

61

49

22

4.5%

2

8

-75%

26

-11.5%

9

4

125%

% Change

% Change 24.5%

January 2019 is a Buyer's market** Home For Sale in January 2019 is 59 units. It is up 20.4% compared to last month and down 9.2% compared to last year. Home Closed in January 2019 is 9 units. It is up 12.5% compared to last month and up 12.5% compared to last year. Home Placed under Contract in January 2019 is 7 units. It is down 30% compared to last month and down 22.2% compared to last year. **Buyer's market: more than 6 months of inventory based on closed sales. Seller's market: less than 3 months of inventory based on closed sales. Neutral market: 3 - 6 months of inventory based on closed sales.


Facts and TrendsTM - Published February 2019*

Chris Stephens Cell Phone: 847-321-0477 Email: cstephens@jamesonsir.com

Location: Zip 60022 Property Types: All Residential Properties - All Properties - All Properties - All Properties - All Properties Price Range: $650,000 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit Full Baths: 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

2934 Central St., Evanston, IL 60201 http://www.SRG.Properties 471.018529

Prepared for you by: Karen Stroble

Average Price per SQFT (Sold) (Nov. 2017 - Jan. 2019)

Curnt vs. Prev Month

Avg. Sq. Ft. Price (Sold)

Jan. 19

Dec. 18

297

496

% Change -40.1%

Curnt vs. Same Month 1 Yr Ago Jan. 19

Jan. 18

297

285

% Change 4.2%

Curnt vs. Same Qtr 1 Yr Ago Nov. 18 to Jan. 19

Nov. 17 to Jan. 18

349.78

277.55

% Change 26%

TODAY STATS 2/1/2019 2/20/2019

1/1/2019 1/20/2019

266

297

January 2019 Average Sold Price per Square Footage is Neutral** Average Sold Price per Square Footage in January 2019 is $297. It is down 40.1% compared to last month and up 4.2% compared to last year. **Based on 6 month trend - Appreciating/Depreciating/Neutral.

% Change -10.4%


Facts and TrendsTM - Published February 2019*

Chris Stephens Cell Phone: 847-321-0477 Email: cstephens@jamesonsir.com

Location: Zip 60022 Property Types: All Residential Properties - All Properties - All Properties - All Properties - All Properties Price Range: $650,000 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit Full Baths: 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

2934 Central St., Evanston, IL 60201 http://www.SRG.Properties 471.018529

Prepared for you by: Karen Stroble

Avg Days On Market & SP/Orig LP % (Nov. 2017 - Jan. 2019)

Curnt vs. Prev Month Jan. 19

Dec. 18

Avg Days on Market

100

69

Sold/Orig LP Diff. %

89

74

Curnt vs. Same Month 1 Yr Ago

% Change

Jan. 19

Jan. 18

44.9%

100

98

20.3%

89

84

Curnt vs. Same Qtr 1 Yr Ago Nov. 18 to Jan. 19

Nov. 17 to Jan. 18

2%

75

121

6%

85

79

% Change

1/1/2019 1/20/2019

-38%

73

95

-23.2%

7.6%

89

89

0%

January 2019 Average Days on Market trend is Rising** Average Days on Market in January 2019 is 100. It is up 44.9% compared to last month and up 2% compared to last year.

January 2019 Sold/Original List Price Ratio Remains Steady** Sold/Original List Price % in January 2019 is 89%. It is up 20.3% compared to last month and up 6% compared to last year. **Based on 6 month trend - Rising/Falling/Remains Steady.

TODAY STATS 2/1/2019 2/20/2019

% Change

% Change


Facts and TrendsTM - Published February 2019*

Chris Stephens Cell Phone: 847-321-0477 Email: cstephens@jamesonsir.com

Location: Zip 60022 Property Types: All Residential Properties - All Properties - All Properties - All Properties - All Properties Price Range: $650,000 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit Full Baths: 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

2934 Central St., Evanston, IL 60201 http://www.SRG.Properties 471.018529

Prepared for you by: Karen Stroble

Average Price of For Sale and Sold (Nov. 2017 - Jan. 2019)

Curnt vs. Prev Month Jan. 19

Dec. 18

Avg. Active Price

1601

1606

Avg. Sold Price

1279

2281

Curnt vs. Same Month 1 Yr Ago

% Change

Jan. 19

Jan. 18

0.3%

1601

1604

-43.9%

1279

1227

Curnt vs. Same Qtr 1 Yr Ago Nov. 18 to Jan. 19

Nov. 17 to Jan. 18

0.2%

1612

1617

4.2%

1574

1232

% Change

TODAY STATS 2/1/2019 2/20/2019

1/1/2019 1/20/2019

0.3%

1649

1662

0.8%

27.8%

780

1334

-41.5%

% Change

January 2019 Average For Sale Price is Depreciating** Average For Sale Price (in thousand) in January 2019 is $1601. It is down 0.3% compared to last month and down 0.2% compared to last year.

January 2019 Average Sold Price is Neutral** Average Sold Price (in thousand) in January 2019 is $1279. It is down 43.9% compared to last month and up 4.2% compared to last year. **Based on 6 month trend - Appreciating/Depreciating/Neutral.

% Change


Facts and TrendsTM - Published February 2019*

Chris Stephens Cell Phone: 847-321-0477 Email: cstephens@jamesonsir.com

Location: Zip 60022 Property Types: All Residential Properties - All Properties - All Properties - All Properties - All Properties Price Range: $650,000 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit Full Baths: 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

2934 Central St., Evanston, IL 60201 http://www.SRG.Properties 471.018529

Prepared for you by: Karen Stroble

Months of Inventory Based on Closed Sales (Nov. 2017 - Jan. 2019)

Curnt vs. Prev Month

Months of Inventory (Closed Sales)

Jan. 19

Dec. 18

6.6

6.1

Curnt vs. Same Month 1 Yr Ago

% Change 8.2%

Jan. 19

Jan. 18

6.6

8.1

% Change -18.5%

Curnt vs. Same Qtr 1 Yr Ago Nov. 18 to Jan. 19

Nov. 17 to Jan. 18

8.1

9.4

% Change -13.8%

TODAY STATS 2/1/2019 2/20/2019

1/1/2019 1/20/2019

30.5

6.1

% Change 398.4%

January 2019 is a Buyer's market** Months of Inventory based on Closed Sales in January 2019 is 6.6. It is up 8.2% compared to last month and down 18.5% compared to last year. **Buyer's market: more than 6 months of inventory based on closed sales. Seller's market: less than 3 months of inventory based on closed sales. Neutral market: 3 - 6 months of inventory based on closed sales.


Facts and TrendsTM - Published February 2019*

Chris Stephens Cell Phone: 847-321-0477 Email: cstephens@jamesonsir.com

Location: Zip 60022 Property Types: All Residential Properties - All Properties - All Properties - All Properties - All Properties Price Range: $650,000 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit Full Baths: 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

2934 Central St., Evanston, IL 60201 http://www.SRG.Properties 471.018529

Date

11/17

12/17

1/18

2/18

3/18

4/18

5/18

6/18

7/18

8/18

9/18

10/18

11/18

12/18

1/19

For Sale

75

61

65

75

84

94

101

96

84

75

81

78

70

49

59

New Listing

7

6

26

29

38

46

35

26

24

18

22

25

14

5

28

Sold

6

8

8

6

6

12

14

20

15

18

7

10

6

8

9

Pended

9

8

9

10

13

23

13

15

16

7

7

8

6

10

7

Months of Inventory (Closed Sales)

12.5

7.6

8.1

12.5

14

7.8

7.2

4.8

5.6

4.2

11.6

7.8

11.7

6.1

6.6

Months of Inventory (Pended Sales)

8.3

7.6

7.2

7.5

6.5

4.1

7.8

6.4

5.3

10.7

11.6

9.8

11.7

4.9

8.4

Absorption Rate (Closed Sales) %

8

13.1

12.3

8

7.1

12.8

13.9

20.8

17.9

24

8.6

12.8

8.6

16.3

15.3

Absorption Rate (Pended Sales) %

12

13.1

13.8

13.3

15.5

24.5

12.9

15.6

19

9.3

8.6

10.3

8.6

20.4

11.9

Avg. Active Price

1613

1635

1604

1509

1534

1519

1562

1561

1669

1845

1720

1664

1625

1606

1601

Avg. Sold Price

1079

1351

1227

1809

907

1261

1404

1143

1260

1335

1583

1848

1072

2281

1279

Avg. Sq. Ft. Price (Sold)

287

263

285

417

295

294

326

309

314

328

292

464

234

496

297

Sold/List Diff. %

94

81

91

89

90

95

97

93

95

94

92

94

94

75

93

Sold/Orig LP Diff. %

89

67

84

82

75

92

94

90

94

91

89

92

93

74

89

Avg Days on Market

144

127

98

127

202

84

72

52

39

52

68

73

44

69

100

Median Sold Price

1067

1122

1023

963

870

1319

1348

876

1100

1083

1150

1062

1115

1012

905

All reports are published February 2019, based on data available at the end of January 2019, except for the today stats. All reports presented are based on data supplied by MRED. MRED does not guarantee or is not in anyway responsible for their accuracy. Data maintained by MRED may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


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