Legal Information - NSBAR · 2019. 7. 16. · Produced by NSBAR from information in MRED Legal...

Produced by NSBAR from information in MRED

Legal

Legal Information

The following representations are based in whole or

in part on data supplied by various participants in the

Midwest Real Estate Data, LLC (MRED. Neither North

Shore Barrington Association of Realtors (NSBAR) nor

the Midwest Real Estate Data LLC guarantees, nor is in

any way responsible for its accuracy. Data maintained by

the Midwest Real Estate Data, LLC may not reflect all

real estate activity in the market.

2,855

4,347

4,420

1,737

3,573

4,870

1,887

3,210

3,946

1,394

2,852

3,310

Price Changes

Off-Market

New Contracts

Pending

Closed

New&BOMK

North Shore Area Quick Data2018 2019

487

687

535

111

378

670

304

490

459

104

318

516

Price Changes

Off-Market

New Contracts

Pending

Closed

New&BOMK

Barrington Area Quick Data2018 2019

The tables show active listings for all MRED and NSBAR. The NSBAR actives are broken down between North Shore and Barrington.

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

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100,000

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MRED Active Listngs All Property Types

0

1,000

2,000

3,000

4,000

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6,000

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North Shore Area Active Listings All PropertyTypes

0

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1,000

1,200

Barrington Area Active Listings - All Property Types

0

5,000

10,000

15,000

20,000

25,000

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35,000

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50,000

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MRED Single Family Homes Active Listings (DE)

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500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

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Time Period

North Shore Area Single Family Homes Active Listings (DE)

Information is for Property Type 2, Attached, for type of Property C for Condominium. This does not include townhouses, co-ops, or any other type of property listed under Attached Property types.

0

100

200

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400

500

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700

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North Shore Area Active Condo Listings

0

100

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800

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Barrington Area Single Family Homes Active Listings (DE)


0

2,000

4,000

6,000

8,000

10,000

12,000

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MRED Active Condo Listings(AT-C)


0

5

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Barrington Area Active Condo Listings

Information is for all types of properties listed under Attached, Property Type 2

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

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Time Period

MRED Attached Active Listings


0

200

400

600

800

1,000

1,200

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Time Period

North Shore Area Active Attached Listings


0

10

20

30

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100

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Barrington Area Active Attached Listings

2017 2018 2019 2017 2018 2019 2017 2018 2019

Jan 231 220 180 701,901 869,048 391,370 653,424 799,600 650,750

Feb 197 180 181 640,609 681,268 649,501 606,353 644,146 612,322

Mar 343 321 311 672,633 718,461 703,927 639,007 680,527 667,918

Apr 435 420 420 727,407 706,895 718,987 690,004 670,164 686,108

May 513 492 470 709,708 760,632 682,155 677,932 727,294 650,513

Jun 628 589 503 785,027 748,705 748,054 750,413 716,304 706,014

Jul 501 448 756,619 704,012 724,483 680,989

Aug 490 485 755,364 798,817 715,034 757,400

Sep 342 297 676,299 744,714 641,916 695,209

Oct 308 339 674,445 690,826 637,311 651,509

Nov 316 315 699,236 715,022 662,025 674,942

Dec 286 230 677,626 718,470 635,773 656,558

TOTAL 4,590 4,414 742,464 762,870 716,545 697,981

MEDIAN LIST PRICE MEDIAN SALE PRICE

2017 2018 2019 2017 2018 2019 2017 2018 2019

Jan 125 149 141 539,000 575,000 549,450 515,000 560,500 520,000

Feb 135 145 144 499,900 514,950 499,900 480,000 483,000 488,000

Mar 145 146 138 524,000 565,000 519,000 507,000 542,500 500,000

Apr 137 110 121 559,000 549,000 549,500 540,000 530,000 530,000

May 107 109 115 550,000 588,000 550,000 540,000 570,000 530,500

Jun 104 96 116 649,000 599,900 599,000 631,250 580,000 565,000

Jul 105 105 609,000 598,905 599,000 570,000

Aug 98 97 595,000 635,000 563,750 605,000

Sep 103 104 517,250 550,000 496,250 528,000

Oct 117 107 499,999 535,000 479,000 500,000

Nov 121 118 522,000 550,000 487,500 535,000

Dec 127 128 499,000 534,500 485,000 507,500

TOTAL 116 113 575,000 589,000 550,000 550,000

NorthShore - StatisticsPrepared by: North Shore - Barrington Association of REALTORS

Property Type: Detached Single Family

# HOUSES

AVERAGE TIME

ON MARKET

SOLD YTD

AVERAGE LIST

PRICE

AVERAGE SALE

PRICE

2017 2018 2019 2017 2018 2019 2017 2018 2019

Jan 49 34 24 635,601 630,952 715,410 605,968 575,210 677,054

Feb 28 21 40 528,846 579,538 535,002 502,684 554,333 513,904

Mar 46 41 38 578,756 503,437 658,784 549,969 484,521 614,568

Apr 56 47 54 624,700 634,458 600,533 604,207 592,188 570,260

May 64 65 49 619,462 544,102 611,004 586,859 516,876 587,909

Jun 99 72 58 658,574 592,806 569,229 618,357 566,552 536,513

Jul 65 43 587,303 669,014 556,706 639,090

Aug 70 52 654,067 644,533 619,230 608,717

Sep 52 42 632,296 579,904 609,862 543,464

Oct 47 36 580,629 552,611 554,100 521,282

Nov 40 40 580,399 574,763 547,150 530,828

Dec 41 42 579,126 616,976 545,151 564,827

TOTAL 657 535 611,799 590,824 580,379 556,319


2017 2018 2019 2017 2018 2019 2017 2018 2019

Jan 169 174 215 525,000 448,250 624,949 515,000 434,000 608,000

Feb 211 185 245 474,950 562,500 480,000 452,500 545,000 465,000

Mar 202 184 292 499,000 445,000 459,900 483,750 436,000 418,500

Apr 165 220 216 550,000 489,000 509,937 525,000 455,000 490,500

May 173 185 193 549,750 474,900 539,000 540,000 451,000 520,000

Jun 139 149 148 532,400 514,950 493,500 522,950 505,000 475,250

Jul 178 110 574,900 509,950 540,000 495,000

Aug 188 163 562,450 500,000 551,250 485,000

Sep 210 182 597,000 547,450 565,000 512,500

Oct 197 170 495,000 480,999 445,000 440,000

Nov 136 250 459,500 544,700 443,750 489,187

Dec 194 134 532,000 544,949 519,100 520,000

TOTAL 176 173 536,590 499,000 520,000 480,000

Barrington - StatisticsPrepared by: North Shore - Barrington Association of REALTORS

Property Type: Detached Single Family

# HOUSES

AVERAGE TIME

ON MARKET

SOLD YTD

AVERAGE LIST

PRICE

AVERAGE SALE

PRICE

NORTH SHORE - BARRINGTON ASSOCIATION OF REALTORS

YTD Sales for Detached Single Family - Listed by TOWN

Detached Single Family

YTD YTD YOY AVG PRICE AVG PRICE YOY MED PRICE MED PRICE YOY

TOWN 2019 2018 % CHG 2019 2018 % CHG 2019 2018 % CHG

ALGONQUIN 204 179 14.0% 283,954 286,756 -1.0% 275,000 280,000 -1.8%

ANTIOCH 184 187 -1.6% 235,140 243,779 -3.5% 225,000 219,000 2.7%

ARLINGTON HEIGHTS 381 414 -8.0% 397,942 414,010 -3.9% 359,000 374,950 -4.3%

BARRINGTON AREA 265 280 -5.4% 571,824 545,073 4.9% 490,000 469,500 4.4%

BARTLETT 223 277 -19.5% 311,016 309,469 0.5% 300,000 295,000 1.7%

BEACH PARK 70 68 2.9% 182,406 175,536 3.9% 185,750 177,000 4.9%

BUFFALO GROVE 180 215 -16.3% 360,986 390,943 -7.7% 340,000 380,000 -10.5%

CAROL STREAM 168 147 14.3% 282,859 279,795 1.1% 275,250 271,500 1.4%

CARPENTERSVILLE 142 163 -12.9% 212,028 207,960 2.0% 189,900 181,000 4.9%

CHICAGO - ALBANY PARK 61 54 13.0% 426,724 452,961 -5.8% 400,000 415,000 -3.6%

CHICAGO - DUNNING 205 202 1.5% 304,315 295,767 2.9% 295,000 287,000 2.8%

CHICAGO - EDGEWATER 29 47 -38.3% 704,962 708,706 -0.5% 650,000 650,000 0.0%

CHICAGO - IRVING PARK 146 151 -3.3% 550,827 531,044 3.7% 520,000 499,900 4.0%

CHICAGO - LAKE VIEW 74 75 -1.3% 1,433,197 1,410,675 1.6% 1,357,500 1,405,000 -3.4%

CHICAGO - LINCOLN PARK 103 88 17.0% 1,853,351 1,957,407 -5.3% 1,621,500 1,675,500 -3.2%

CHICAGO - LINCOLN SQUARE 62 78 -20.5% 865,112 742,864 16.5% 740,000 695,000 6.5%

CHICAGO - LOGAN SQUARE 115 146 -21.2% 781,222 865,395 -9.7% 745,000 821,250 -9.3%

CHICAGO - NEAR NORTH SIDE 9 14 -35.7% 1,975,210 2,198,292 -10.1% 1,512,500 1,878,375 -19.5%

CHICAGO - NEAR WEST SIDE 23 14 64.3% 568,967 481,921 18.1% 473,000 502,000 -5.8%

CHICAGO - PORTAGE PARK 214 230 -7.0% 360,471 350,602 2.8% 337,450 332,000 1.6%

CHICAGO - ROGERS PARK 20 17 17.6% 481,088 422,641 13.8% 466,000 413,500 12.7%

CHICAGO - UPTOWN 14 15 -6.7% 1,030,504 887,875 16.1% 872,500 820,000 6.4%

CHICAGO - WEST RIDGE 79 66 19.7% 400,767 384,329 4.3% 372,000 371,250 0.2%

CHICAGO - WEST TOWN 114 106 7.5% 1,010,240 1,019,153 -0.9% 922,500 955,000 -3.4%

DE KALB 174 203 -14.3% 161,550 151,971 6.3% 154,500 147,000 5.1%

DEERFIELD 172 177 -2.8% 577,681 599,143 -3.6% 528,500 532,500 -0.8%

DES PLAINES 221 273 -19.0% 303,117 288,338 5.1% 295,000 280,000 5.4%

ELGIN 523 514 1.8% 250,612 241,877 3.6% 240,000 224,900 6.7%

ELK GROVE VILLAGE 128 158 -19.0% 311,134 296,434 5.0% 294,500 284,250 3.6%

EVANSTON 218 228 -4.4% 573,143 645,962 -11.3% 487,500 559,500 -12.9%

FOX LAKE 53 46 15.2% 215,285 218,669 -1.5% 203,000 201,500 0.7%

GLENCOE 75 88 -14.8% 1,072,767 1,088,652 -1.5% 840,000 870,625 -3.5%

GOLF-GLENVIEW 255 273 -6.6% 670,914 645,462 3.9% 555,000 565,000 -1.8%

GREEN OAKS-LIBERTYVILLE 188 210 -10.5% 504,595 501,527 0.6% 460,000 440,000 4.5%

AVERAGE SALE PRICE# OF HOUSES SOLD AVERAGE MEDIAN PRICE

Disclaimer:

Statistics provided using data from Midwest Real Estate Data LLC.

The Association makes no claim as to the accuracy of this data and has provided this data as a service to our members.





TOWN 2019 2018 % CHG 2019 2018 % CHG 2019 2018 % CHG


GREENWOOD- WOODSTOCK 225 216 4.2% 237,587 234,766 1.2% 230,525 223,500 3.1%

GURNEE 202 229 -11.8% 291,996 297,754 -1.9% 288,950 286,000 1.0%

HAINESVILLE-GRAYSLAKE 283 269 5.2% 227,724 227,685 0.0% 220,000 225,000 -2.2%

HANOVER PARK 121 127 -4.7% 232,849 223,228 4.3% 236,000 227,000 4.0%

HIGHLAND PARK 166 203 -18.2% 569,845 575,829 -1.0% 498,700 520,000 -4.1%

HIGHWOOD 6 10 -40.0% 411,067 446,850 -8.0% 287,450 505,000 -43.1%

HOFFMAN ESTATES 223 253 -11.9% 328,435 335,105 -2.0% 310,000 310,000 0.0%

INGLESIDE 65 58 12.1% 205,256 206,216 -0.5% 185,000 178,950 3.4%

INVERNESS 46 51 -9.8% 595,325 600,735 -0.9% 578,750 538,000 7.6%

ISLAND LAKE 59 51 15.7% 202,245 201,859 0.2% 183,000 185,000 -1.1%

KENILWORTH 16 26 -38.5% 1,347,000 1,203,250 11.9% 1,274,500 1,240,000 2.8%

LAKE BLUFF 58 67 -13.4% 595,719 607,502 -1.9% 465,000 500,000 -7.0%

LAKE FOREST 141 140 0.7% 918,559 989,470 -7.2% 785,000 832,500 -5.7%

LAKE IN THE HILLS 150 196 -23.5% 250,245 242,760 3.1% 246,250 245,875 0.2%

LAKE VILLA- LINDENHURST 284 265 7.2% 240,189 238,928 0.5% 226,000 219,900 2.8%

LAKEWOOD-CRYSTAL LAKE 423 422 0.2% 279,336 281,976 -0.9% 257,900 260,850 -1.1%

LINCOLNSHIRE 31 47 -34.0% 590,924 559,459 5.6% 605,000 515,000 17.5%

LINCOLNWOOD 48 51 -5.9% 443,656 434,855 2.0% 394,500 400,000 -1.4%

LONG GROVE-LAKE ZURICH- HAWTHORN WOODS- KILDEER315 325 -3.1% 454,901 492,239 -7.6% 447,500 475,000 -5.8%

MCHENRY-LAKE MOOR-McCULLOM LAKE-JOHNSBURG385 438 -12.1% 220,527 221,605 -0.5% 199,000 204,950 -2.9%

METTAWA 0 4 -100.0% 0 741,875 -100.0% 0 723,750 -100.0%

MORTON GROVE 136 129 5.4% 335,062 344,671 -2.8% 310,750 330,187 -5.9%

MT. PROSPECT 259 229 13.1% 351,782 359,142 -2.0% 330,000 341,000 -3.2%

MUNDELEIN 172 211 -18.5% 307,781 281,971 9.2% 285,100 258,000 10.5%

NAPERVILLE 833 952 -12.5% 479,081 482,394 -0.7% 443,000 435,000 1.8%

NILES 115 115 0.0% 345,023 328,593 5.0% 326,000 318,000 2.5%

NORTH CHICAGO 47 46 2.2% 99,784 85,511 16.7% 106,600 81,100 31.4%

NORTHBROOK 211 203 3.9% 640,297 619,763 3.3% 600,000 568,000 5.6%

NORTHFIELD 38 36 5.6% 885,539 740,181 19.6% 704,500 583,000 20.8%

OAKWOOD HILLS - CARY 171 175 -2.3% 269,501 253,368 6.4% 257,000 237,000 8.4%

PALATINE 276 264 4.5% 353,531 382,142 -7.5% 319,500 360,500 -11.4%

PARK CITY -WAUKEGAN 198 191 3.7% 142,354 134,294 6.0% 139,894 130,500 7.2%

PARK RIDGE 250 230 8.7% 459,468 514,433 -10.7% 422,750 467,500 -9.6%

PRAIRIE VIEW 6 11 -45.5% 277,167 276,764 0.1% 280,500 291,000 -3.6%

Disclaimer:







TOWN 2019 2018 % CHG 2019 2018 % CHG 2019 2018 % CHG


PROSPECT HEIGHTS 44 49 -10.2% 355,387 409,964 -13.3% 328,500 385,000 -14.7%

ROLLING MEADOWS 82 106 -22.6% 268,794 258,641 3.9% 243,950 238,250 2.4%

ROUND LAKE 283 282 0.4% 176,069 177,698 -0.9% 179,500 182,500 -1.6%

SCHAUMBURG 227 232 -2.2% 336,786 338,886 -0.6% 320,000 320,000 0.0%

SKOKIE 219 229 -4.4% 358,912 366,222 -2.0% 343,000 345,000 -0.6%

STREAMWOOD 177 207 -14.5% 228,607 234,510 -2.5% 220,000 224,600 -2.0%

SYCAMORE 128 141 -9.2% 232,237 223,834 3.8% 230,500 235,000 -1.9%

VERNON HILLS 104 103 1.0% 473,159 441,449 7.2% 416,250 405,000 2.8%

WADSWORTH - OLD MILL CREEK 43 37 16.2% 304,471 369,887 -17.7% 289,900 325,000 -10.8%

WAUCONDA 104 102 2.0% 250,173 248,485 0.7% 249,700 254,950 -2.1%

WHEELING 60 86 -30.2% 270,734 269,965 0.3% 247,950 254,500 -2.6%

WILMETTE 198 219 -9.6% 795,723 930,321 -14.5% 677,000 820,000 -17.4%

WINNETKA 111 122 -9.0% 1,458,564 1,688,307 -13.6% 1,310,000 1,182,000 10.8%

WINTHROP HARBOR 47 61 -23.0% 191,459 172,921 10.7% 185,000 185,000 0.0%

ZION 159 164 -3.0% 140,086 126,291 10.9% 138,000 123,499 11.7%

Disclaimer:



2017 2018 2019 2017 2018 2019 2017 2018 2019

Jan 110 100 97 268,792 315,071 293,282 259,639 299,985 280,440

Feb 99 99 100 282,087 325,966 287,249 269,399 314,708 275,303

Mar 167 154 137 289,642 291,051 311,521 278,610 280,503 300,798

Apr 180 190 195 307,078 320,916 326,338 297,233 311,949 316,098

May 274 246 250 316,825 308,621 296,782 307,477 298,639 287,427

Jun 288 221 247 316,114 305,885 315,032 308,030 296,034 305,331

Jul 236 212 309,397 299,575 298,685 290,732

Aug 226 204 297,702 310,043 289,003 297,092

Sep 174 163 313,174 312,740 303,331 300,405

Oct 187 141 331,009 317,238 318,913 304,762

Nov 145 139 295,827 341,505 284,142 327,436

Dec 180 119 301,786 306,749 290,843 294,397

TOTAL 2,266 2,043 512,964 317,258 295,246 299,448


2017 2018 2019 2017 2018 2019 2017 2018 2019

Jan 92 87 89 235,950 264,500 249,000 225,000 250,000 241,000

Feb 94 110 85 259,000 299,000 244,950 236,500 277,500 230,000

Mar 94 89 100 245,000 249,900 250,000 235,000 245,000 240,000

Apr 98 84 87 272,000 287,000 289,000 263,500 275,000 279,000

May 73 68 85 277,000 279,000 249,950 268,500 268,500 241,250

Jun 71 58 80 270,950 259,900 275,000 260,750 250,000 265,000

Jul 75 54 269,000 264,906 259,500 256,250

Aug 57 80 253,500 280,000 245,000 273,989

Sep 66 69 272,450 269,900 261,750 260,000

Oct 64 80 275,000 269,000 265,000 250,000

Nov 70 72 274,000 280,000 256,000 271,000

Dec 83 88 268,000 259,900 257,750 250,000

TOTAL 76 76 269,900 275,000 255,000 258,000

ON MARKET

SOLD YTD

AVERAGE LIST

PRICE

AVERAGE SALE

PRICE

NorthShore - StatisticsPrepared by: North Shore - Barrington Association of REALTORS

Property Type: Attached Single Family

# HOUSES

AVERAGE TIME

2017 2018 2019 2017 2018 2019 2017 2018 2019

Jan 8 14 5 252,075 236,607 280,320 236,500 223,992 263,440

Feb 4 5 4 365,725 270,580 215,900 352,600 260,000 207,225

Mar 7 9 8 297,900 237,955 294,486 280,628 227,611 285,061

Apr 9 14 7 320,088 301,514 271,742 311,333 289,294 260,857

May 18 14 15 271,769 234,221 312,065 255,333 227,482 303,083

Jun 20 23 17 306,665 324,282 285,000 296,125 315,601 274,205

Jul 13 14 249,561 265,828 243,942 256,160

Aug 11 11 237,908 296,145 227,663 279,227

Sep 16 7 302,725 328,612 290,353 316,569

Oct 16 5 264,556 276,894 254,781 275,729

Nov 7 7 377,185 316,085 352,928 308,628

Dec 6 8 278,600 265,075 270,400 258,437

TOTAL 135 133 133 285,790 280,285 273,674 270,384


2017 2018 2019 2017 2018 2019 2017 2018 2019

Jan 111 124 126 254,000 227,750 269,000 229,000 211,500 261,000

Feb 104 130 83 377,450 264,900 219,350 369,950 255,000 202,000

Mar 168 151 107 315,000 215,000 289,500 315,000 210,000 275,000

Apr 112 117 102 330,000 283,000 230,000 325,000 267,500 222,000

May 137 111 94 260,950 207,450 319,000 240,000 202,000 305,000

Jun 112 83 145 291,500 300,000 285,000 284,250 285,000 275,000

Jul 114 78 260,000 260,850 250,000 252,500

Aug 68 47 198,500 235,000 181,500 222,500

Sep 101 101 279,450 265,000 268,000 255,000

Oct 53 38 241,950 185,000 232,750 182,500

Nov 56 69 300,000 359,000 295,000 350,000

Dec 54 110 262,450 234,950 255,000 232,500

TOTAL 100 97 269,900 262,000 255,000 250,000

ON MARKET

SOLD YTD

AVERAGE LIST

PRICE

AVERAGE SALE

PRICE

Barrington - StatisticsPrepared by: North Shore - Barrington Association of REALTORS

Property Type: Attached Single Family

# HOUSES

AVERAGE TIME


YTD

Sales for Attached Single Family - Listed by TOWN

YOY YOY YOY

2019 2018 % CHG 2019 2018 % CHG 2019 2018 % CHG

TOWN

ALGONQUIN 84 87 -3.4% 198,258 177,112 11.9% 192,250 172,500 11.4%

ANTIOCH 10 22 -54.5% 168,400 155,934 8.0% 148,000 140,000 5.7%

ARLINGTON HEIGHTS 242 225 7.6% 196,073 188,276 4.1% 165,000 154,640 6.7%

BARRINGTON AREA 56 81 -30.9% 276,078 265,196 4.1% 258,250 250,000 3.3%

BARTLETT 112 119 -5.9% 200,614 191,878 4.6% 203,000 199,900 1.6%

BEACH PARK 11 17 -35.3% 130,964 125,012 4.8% 135,000 125,000 8.0%

BUFFALO GROVE 181 205 -11.7% 220,437 212,915 3.5% 203,000 200,000 1.5%

CAROL STREAM 101 127 -20.5% 182,920 187,929 -2.7% 177,500 182,000 -2.5%

CARPENTERSVILLE 76 84 -9.5% 156,785 140,622 11.5% 154,500 149,450 3.4%

CHICAGO - ALBANY PARK 80 88 -9.1% 205,114 200,304 2.4% 195,750 193,000 1.4%

CHICAGO - DUNNING 64 46 39.1% 189,416 187,425 1.1% 193,000 189,750 1.7%

CHICAGO - EDGEWATER 375 374 0.3% 243,674 236,477 3.0% 217,000 228,750 -5.1%

CHICAGO - IRVING PARK 131 134 -2.2% 230,309 247,269 -6.9% 210,000 229,450 -8.5%

CHICAGO - LAKE VIEW 940 1032 -8.9% 395,728 412,620 -4.1% 345,488 380,000 -9.1%

CHICAGO - LINCOLN PARK 649 647 0.3% 591,898 568,388 4.1% 505,000 490,000 3.1%

CHICAGO - LINCOLN SQUARE 201 216 -6.9% 366,384 341,197 7.4% 325,000 310,000 4.8%

CHICAGO - LOGAN SQUARE 362 297 21.9% 436,224 428,184 1.9% 415,000 405,000 2.5%

CHICAGO - LOOP 368 388 -5.2% 418,762 456,820 -8.3% 327,500 350,000 -6.4%

CHICAGO - NEAR NORTH SIDE 1189 1447 -17.8% 627,840 628,501 -0.1% 395,000 415,000 -4.8%

CHICAGO - NEAR SOUTH SIDE 360 417 -13.7% 452,836 456,616 -0.8% 384,150 360,000 6.7%

CHICAGO - NEAR WEST SIDE 562 607 -7.4% 472,580 490,629 -3.7% 370,000 386,000 -4.1%

CHICAGO - PORTAGE PARK 41 49 -16.3% 172,087 192,694 -10.7% 152,000 160,000 -5.0%

CHICAGO - ROGERS PARK 222 219 1.4% 191,615 198,285 -3.4% 169,900 187,000 -9.1%

CHICAGO - UPTOWN 433 438 -1.1% 280,341 280,980 -0.2% 266,000 272,000 -2.2%

CHICAGO - WEST RIDGE 176 173 1.7% 157,421 156,207 0.8% 148,000 136,500 8.4%

CHICAGO - WEST TOWN 792 867 -8.7% 491,325 495,665 -0.9% 472,000 472,000 0.0%

DEERFIELD 54 55 -1.8% 267,685 262,647 1.9% 254,550 245,000 3.9%

DEKALB 40 38 5.3% 152,318 129,020 18.1% 149,950 131,750 13.8%

DES PLAINES 292 294 -0.7% 182,514 179,137 1.9% 170,500 167,500 1.8%

ELGIN 212 219 -3.2% 172,192 170,620 0.9% 170,000 170,000 0.0%

ELK GROVE VILLAGE 87 104 -16.3% 169,312 175,579 -3.6% 172,900 170,000 1.7%

EVANSTON 308 287 7.3% 295,258 288,299 2.4% 244,500 260,000 -6.0%

FOX LAKE 58 68 -14.7% 116,513 108,255 7.6% 132,500 105,500 25.6%

GLENCOE 2 8 -75.0% 237,500 296,625 -19.9% 237,500 252,000 -5.8%

AVERAGE SALE PRICE MEDIAN SALE PRICE

Attached Single Family

Sold YTD AVG PRICE MEDIAN

# OF HOUSES SOLD

Disclaimer:




YTD


YOY YOY YOY

2019 2018 % CHG 2019 2018 % CHG 2019 2018 % CHG



# OF HOUSES SOLD

GOLF-GLENVIEW 139 120 15.8% 305,469 333,943 -8.5% 259,500 317,750 -18.3%

GREEN OAKS-LIBERTYVILLE 57 33 72.7% 276,286 309,914 -10.9% 263,000 321,000 -18.1%

GREENWOOD- WOODSTOCK 46 64 -28.1% 159,175 145,008 9.8% 154,750 146,313 5.8%

GURNEE 80 86 -7.0% 150,149 154,130 -2.6% 143,250 150,000 -4.5%

HAINESVILLE-GRAYSLAKE 126 125 0.8% 168,745 161,432 4.5% 167,375 150,000 11.6%

HANOVER PARK 112 106 5.7% 163,860 162,117 1.1% 160,975 159,000 1.2%

HIGHLAND PARK 60 52 15.4% 334,923 351,609 -4.7% 309,325 317,500 -2.6%

HIGHWOOD 5 5 0.0% 232,900 368,250 -36.8% 190,000 445,000 -57.3%

HOFFMAN ESTATES 150 142 5.6% 169,332 169,830 -0.3% 156,500 158,950 -1.5%

INGLESIDE 3 1 200.0% 151,683 147,000 3.2% 156,550 147,000 6.5%

INVERNESS 14 13 7.7% 395,679 415,723 -4.8% 374,750 430,000 -12.8%

ISLAND LAKE 19 20 -5.0% 142,558 132,054 8.0% 142,500 132,500 7.5%

LAKE BLUFF 26 21 23.8% 265,085 262,607 0.9% 222,500 208,000 7.0%

LAKE FOREST 41 35 17.1% 563,636 485,769 16.0% 505,000 520,000 -2.9%

LAKE IN THE HILLS 82 100 -18.0% 181,645 170,771 6.4% 167,750 158,950 5.5%

LAKE VILLA- LINDENHURST 38 29 31.0% 156,536 158,584 -1.3% 145,500 158,500 -8.2%

LAKEWOOD-CRYSTAL LAKE 100 108 -7.4% 161,802 168,559 -4.0% 167,000 164,950 1.2%

LINCOLNSHIRE 24 27 -11.1% 324,018 343,223 -5.6% 310,000 330,000 -6.1%

LINCOLNWOOD 16 19 -15.8% 236,563 227,536 4.0% 225,500 218,000 3.4%

LONG GROVE-LAKE ZURICH- HAWTHORN WOODS- KILDEER32 29 10.3% 261,525 269,790 -3.1% 258,000 252,000 2.4%

MCHENRY-LAKE MOOR-McCULLOM LAKE-JOHNSBURG97 83 16.9% 142,500 136,304 4.5% 146,500 145,500 0.7%

MORTON GROVE 62 65 -4.6% 209,977 243,774 -13.9% 186,250 235,000 -20.7%

MT. PROSPECT 116 134 -13.4% 195,032 185,573 5.1% 188,750 165,000 14.4%

MUNDELEIN 71 59 20.3% 183,689 205,833 -10.8% 184,500 202,000 -8.7%

NAPERVILLE 405 468 -13.5% 235,127 240,570 -2.3% 222,500 215,000 3.5%

NILES 70 80 -12.5% 206,041 204,165 0.9% 211,000 201,000 5.0%

NORTH CHICAGO 3 6 -50.0% 61,000 61,083 -0.1% 67,000 58,500 14.5%

NORTHBROOK 133 141 -5.7% 315,604 329,238 -4.1% 289,000 285,000 1.4%

NORTHFIELD 18 15 20.0% 278,639 313,960 -11.3% 220,000 278,000 -20.9%

OAKWOOD HILLS - CARY 47 43 9.3% 188,406 164,810 14.3% 175,000 164,000 6.7%

PALATINE 328 371 -11.6% 186,054 196,195 -5.2% 169,500 166,000 2.1%

PARK CITY -WAUKEGAN 19 24 -20.8% 111,725 103,879 7.6% 125,000 116,450 7.3%

PARK RIDGE 61 74 -17.6% 323,866 269,704 20.1% 299,900 232,750 28.9%

PROSPECT HEIGHTS 62 55 12.7% 184,652 173,130 6.7% 158,750 141,000 12.6%

ROLLING MEADOWS 73 92 -20.7% 157,161 167,216 -6.0% 137,000 156,250 -12.3%

ROUND LAKE 115 112 2.7% 136,025 132,783 2.4% 145,000 137,000 5.8%

Disclaimer:




YTD


YOY YOY YOY

2019 2018 % CHG 2019 2018 % CHG 2019 2018 % CHG



# OF HOUSES SOLD

SCHAUMBURG 401 402 -0.2% 183,603 184,186 -0.3% 174,000 172,000 1.2%

SKOKIE 120 129 -7.0% 205,138 201,032 2.0% 198,750 190,000 4.6%

STREAMWOOD 142 141 0.7% 175,873 172,878 1.7% 172,750 165,500 4.4%

SYCAMORE 59 63 -6.3% 144,270 160,821 -10.3% 134,000 160,000 -16.3%

VERNON HILLS 96 94 2.1% 219,694 232,533 -5.5% 203,450 224,000 -9.2%

WADSWORTH - OLD MILL CREEK 18 19 -5.3% 137,467 156,349 -12.1% 131,725 156,500 -15.8%

WAUCONDA 38 37 2.7% 188,147 173,675 8.3% 178,000 175,000 1.7%

WHEELING 148 170 -12.9% 184,499 185,237 -0.4% 179,450 182,500 -1.7%

WILMETTE 38 46 -17.4% 353,798 365,185 -3.1% 342,500 310,500 10.3%

WINNETKA 8 14 -42.9% 477,938 351,464 36.0% 501,250 318,750 57.3%

ZION 5 3 66.7% 109,180 115,500 -5.5% 114,000 130,000 -12.3%

Disclaimer:



These chart shows new construction data for the past fifteen months th number of new homes in the North Shore area for all property types both Residential and Commerical..


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FS # 256 274 264 264 246 258 232 231 205 212 261 252 254 249 260

UC # 25 13 17 15 16 23 10 12 13 7 19 24 21 18 14

New # 53 64 57 53 43 58 40 38 23 51 84 59 63 48 58

Sold # 21 20 21 12 9 16 9 11 10 5 13 11 19 17 17

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North Shore Area New Construction for All Property Types

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These chart shows new construction data for the past fifteen months th number of new homes Barrington for all property types both Residential and Commerical..


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FS # 51 57 54 62 46 46 49 56 59 67 62 61 62 64 71

UC # 3 7 2 1 2 1 0 1 1 0 0 4 3 5 4

New # 12 15 4 2 7 3 4 8 5 19 1 1 4 8 18

Sold # 2 2 3 2 0 2 1 1 0 2 1 2 2 5 0

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Barrington Area New Construction for All Property Types

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NSBAR Absorption Rate for Detached Single Family Homes

Barrington NorthShore

The numbers in the chart represent the ratio of the number of homes for sale to the number of homes sold. The higher the S/D ratio, the more supply there is relative to demand. Optimaal S/D ratio is 6

.0. Produced by NSBAR from information in MRED

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oNSBAR Supply Demand Ratio for Single Family Homes

Barrington North Shore

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30 year FRM 15 year FRM 1 year ARM

Glossary of Terms and Abbreviations

Absorption Rate:

Absorption rates are used to determine the amount of weeks that it will take to sell the current inventory at the present rate of sales.

Twenty six weeks is considered neutral. When the absorption is rate is higher than 26 weeks, it is considered a buyer's market and sale prices become stagnant. When the rate is lower, homes are selling faster and sales prices increase.

To formulate Absorption Rate you need to know 2 figures.

1) How many listings are currently on the market? 2) How many listings sold last month? Then A.) Multiple the number of solds last month by 12 (months). B.) Divided by the current listings equals # of Units that would sell each week. C.) Divide the # or units that should sell each week into the number available = absorption rate.

Supply Demand Ratio

The amount of homes for sales divided by the amount of sold properties for a given time period. When there are six active listings for every sold listing, the market is considered to be at its equilibrium, homes are being sold at the exact right price.

Listing

Listing in MRED - when the current titleholders of the property have signed an exclusive or exclusive right to sell agreement and the agreement is in effect with an MRED office.

Statuses for Active Listings

ACTV - An A

ctive listing is where an agreement and an owner of real property and a real estate agent, whereby the agent agrees to secure a buyer or tenant for specific property at a certain price and terms in return for a fee or commission.

BOMK - Back on Market: A listing previously showing Off-Market (Canceled, Closed, Expired, or Rented) status is now active again.

CTG - Contingent on a contract pending – A valid sales contract has been signed by a Buyer and Seller with provisions to be met before a contract can become binding.

CONTINGENCY FLAGS

A/I - Attorney Approval/Home Inspection CTGO - Denotes other contingency that may apply. Call Listing Agent for specifics of contingency FIN - Financing HC** - Buyer has home to close. Code is followed by number of hours in kick out period HS** - Buyer has home to sell. Code is followed by number of hours in kick out period

NEW - A New listing.

PCHG - Price Change: A listing showing a change in list price – new list price is required.

RACT Reactivate: A listing that was previously showing as Contingent, Pending or

Temporarily Off-Market

TEMP - Active -Temporarily Off-Market (still listed) exclusive brokerage agreement in effect, property unable to be shown, except for reasonable restrictions noted on the listing in the showing instructions.

BOMK, NEW, PCHG & RACT - statuses will show on MRED® for 5 days (unless a status change is made to the listing) and then revert to an ACTV status.

OFF-MARKET LISTING

Closed property in MRED is when an active listing has been sold and the title has changed from the seller titleholder to the new title holder. Expired listing in MRED is an active listing which has reached it's expiration date and has moved from active status to expired and the listing agreement is no longer in effect. Temporary off the market/withdrawn is a listing in MRED which still has a valid listing agreement but the titleholders have asked the property be taken out of MRED. Cancelled listing in MRED is when seller titleholders and the real estate company have cancelled the listing agreement and the property is no longer for sale with that company.

OFF MARKET STATUSES

CANC - A Canceled listing - cancellation date is required

CLSD - A Closed listing - must be reported within 72 hours of closing. Selling Price,

Contract Date, Closed Date, Seller’s Concessions Y/N (if Y is entered, Seller’s Concessions $ amount is required (PNT)), and Selling Agent are required.

EXP - An Expired listing.

PEND - Pending: A fully executed purchase contract with no contingencies other than closing. Property must be placed in Pending in order to report it closed and show the correct Market Time. Requires entry/confirmation of the Contract Date and Selling Agent ID.

RNTD - Rented: Property type 6 only - requires Rental Date, Selling Agent and Rented Price. Median Sale Price - The median price is the price that is midway between the least expensive and most expensive home sold in an area during a given period of time. During that time, half the buyers bought homes that cost more than the median price and half bought homes for less than the median price.

Average Sale Price - The average home price is the sum of prices of all homes sold in a certain area in a certain period, divided by the number of properties sold in the same area in that period. Days On Market (DOM) or Market Time (MT) - The number of days a listing is active in a multiple listing service before it is entered into "pending" status. Pending status is when an offer has been accepted by the seller but the transaction is not yet closed. Many agents refer to "average days on market," which is derived by adding all the days on market of each listing and dividing by the number of listings. In a buyer's market, the DOM are generally higher because inventory takes longer to sell. In a seller's market, the DOM are fewer. Additional Abbreviations: FS= For Sale or Active Property UC= Under Contract, Property under contract but has not had all contingencies met. OLP = Original List Price LP = List Price LLP = Last List Price

Legal Information - NSBAR · 2019. 7. 16. · Produced by NSBAR from information in MRED Legal...

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Transcript of Legal Information - NSBAR · 2019. 7. 16. · Produced by NSBAR from information in MRED Legal...