Ar_home_b_search
 

Wilmette’s April Property sales were 34, up 41.7% from 24 in April of 2011 and 61.9% higher than the 21 sales last month. April 2012 sales were at their highest level compared to April of 2011 and 2010. April YTD sales of 88 are running 7.3% ahead of last year's year-to-date sales of 82.

 

The Median Sales Price in April was $452,000, down -14.3% from $527,463 in April of 2011 and down -3.0% from $466,000 last month. The Average Sales Price in April was $514,158, down -11.5% from $581,091 in April of 2011 and down -7.4% from $555,032 last month. April 2012 ASP was at the lowest level compared to April of 2011 and 2010.

 

The Total Inventory of Properties available for sale as of April was 184, down -2.6% from 189 last month and down -24.6% from 244 in April of last year. April 2012 Inventory was at the lowest level compared to April of 2011 and 2010.

 

The April 2012 Months Supply of Inventory of 5.4 months was at its lowest level compared with April of 2011 and 2010. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers.

 

The average Days On Market (DOM)is how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for April was 150, up 108.3% from 72 days last month and up 30.4% from 115 days in April of last year. The April 2012 DOM was at its highest level

compared with April of 2011 and 2010.

 

 The Selling Price vs Original Listing Price is the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The April 2012 Selling Price vs Original List Price of 85.9% was down from 90.9% last month and down from 88.6% in April of last year.

 

The number of New Listings in April 2012 was 76, up 13.4% from 67 last month and up 7.0% from 71 in April of last year.

Art Wilson, Broker, ABR, CRP, CRS
Coldwell Banker Residential Brokerage        
552 Lincoln Ave.Winnetka, IL 60093              

Cell: 847-363-1599

Serving Chicago's North Shore Suburbs

Art.Wilson@cbexchange.com 
www.NorthShoreHomesOnline.com

 


Winnetka IL Real Esate Market Action Report May 2012
Art Wilson, Chicago's North Shore Realtor (Coldwell Banker Residential Brokerage)
Winnetka’s April Property sales were 13, down -18. 8% from 16 in April of 2011 and equal to 0. 0% 13 sales last month. April 2012 sales were at their lowest level compared to April of 2011 and 2010. April YTD sales of 40 are running -20. 0%…
Northbrook IL Real Estate Market Action Report May 2012
Art Wilson, Chicago's North Shore Realtor (Coldwell Banker Residential Brokerage)
Northbrook’s April Property sales were 38, down -2. 6% from 39 in April of 2011 and -13. 6% lower than the 44 sales last month. April 2012 sales were at their lowest level compared to April of 2011 and 2010. April YTD sales of 126 are running…
Lincolnshire IL Real Estate Market Action Report May 2012
Art Wilson, Chicago's North Shore Realtor (Coldwell Banker Residential Brokerage)
Lincolnshire’s April Property sales were 12, up 100. 0% from 6 in April of 2011 and 33. 3% higher than the 9 sales last month. April 2012 sales were at their highest level compared to April of 2011 and 2010. April YTD sales of 30 are running…
Lake Forest IL Real Estate Market Action Report May 2012
Art Wilson, Chicago's North Shore Realtor (Coldwell Banker Residential Brokerage)
Lake Forest’s April Property sales were 16, down -11. 1% from 18 in April of 2011 and -36. 0% lower than the 25 sales last month. April 2012 sales were at their lowest level compared to April of 2011 and 2010. April YTD sales of 61 are…
Lake Bluff IL Real Estate Market Action Report May 2012
Art Wilson, Chicago's North Shore Realtor (Coldwell Banker Residential Brokerage)
Lake Bluff’s April Property sales were 7, down -41. 7% from 12 in April of 2011 and -41. 7% lower than the 12 sales last month. April 2012 sales were at their lowest level compared to April of 2011 and 2010. April YTD sales of 23 are running..
Glenview IL Real Estate Market Action Report May 2012
Art Wilson, Chicago's North Shore Realtor (Coldwell Banker Residential Brokerage)
Glenview’s April Property sales were 53, up 1. 9% from 52 in April of 2011 and 12. 8% higher than the 47 sales last month. April 2012 sales were at their highest level compared to April of 2011 and 2010. April YTD sales of 166 are running 7. 8…
Deerfield IL Real Estate Market Action Report May 2012
Art Wilson, Chicago's North Shore Realtor (Coldwell Banker Residential Brokerage)
Deerfield’s April Property sales were 19, down -13. 6% from 22 in April of 2011 and -13. 6% lower than the 22 sales last month. April 2012 sales were at their lowest level compared to April of 2011 and 2010. April YTD sales of 65 are running…
Glencoe IL Real Estate Market Action Report May 2012
Art Wilson, Chicago's North Shore Realtor (Coldwell Banker Residential Brokerage)
Glencoe’s April Property sales were 11, down -21. 4% from 14 in April of 2011 and 37. 5% higher than the 8 sales last month. April 2012 sales were at a mid level compared to April of 2011 and 2010. April YTD sales of 35 are running -27. 1% behind…
Evanston IL Real Estate Market Action Report May 2012
Art Wilson, Chicago's North Shore Realtor (Coldwell Banker Residential Brokerage)
Evanston’s April Property sales were 50, down -20. 6% from 63 in April of 2011 and -2. 0% lower than the 51 sales last month. April 2012 sales were at their lowest level compared to April of 2011 and 2010. April YTD sales of 187 are running 10. 0…
 
Cbexpoportrait_print_2011_hi-res Rainmaker_large

Art Wilson, Chicago's North Shore Realtor

Lake Forest, IL

More about me…

Coldwell Banker Residential Brokerage

Cell Phone: (847) 363-1599

Email Me

Real Estate related issues about Chicago's North Shore communities.


Listings

Links

Archives

RSS 2.0 Feed for this blog