Market Stats Booklet April 2018 Market Stats | Page 2

Local Market Update – March 2018
LOCAL MARKET UPDATE
March 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of April 14, 2018
CBHomes.com
Deerfield
+ 2.3% + 13.6% - 6.4%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
March
Detached Single-Family
New Listings
Under Contract (includes Contingent and Pending)
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
Trailing 12 Months
3-2017 3-2018 + / – 3-2017 3-2018 + / –
71 78 + 9.9% 567 588 + 3.7%
37 47 + 27.0% 256 248 - 3.1%
14 19 + 35.7% 248 233 - 6.0%
$452,750 $470,000 + 3.8% $500,000 $498,000 - 0.4%
$489,666 $521,737 + 6.5% $550,350 $563,402 + 2.4%
93.7% 94.1% + 0.4% 93.0% 93.2% + 0.2%
87 132 + 51.7% 117 125 + 6.8%
148 142 - 4.1% -- -- --
March
Attached Single-Family
New Listings
Under Contract (includes Contingent and Pending)
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
Trailing 12 Months
3-2017 3-2018 + / – 3-2017 3-2018 + / –
17 12 - 29.4% 161 160 - 0.6%
11 13 + 18.2% 109 110 + 0.9%
8 6 - 25.0% 118 105 - 11.0%
$205,825 $296,500 + 44.1% $233,000 $250,000 + 7.3%
$248,769 $331,333 + 33.2% $246,112 $270,656 + 10.0%
95.9% 92.8% - 3.2% 95.8% 94.8% - 1.0%
58 130 + 124.1% 49 69 + 40.8%
23 18 - 21.7% -- -- --
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Change in Median Sales Price from Prior Year (6-Month Average)**
Detached Single-Family
All MLS
Deerfield
b
Attached Single-Family
a
All MLS
Deerfield
b
a
+ 80%
+ 40%
+ 30%
+ 60%
+ 20%
+ 40%
+ 10%
0%
+ 20%
- 10%
- 20%
0%
- 30%
- 20%
- 40%
- 50%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.
This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
All data from Midwest Real Estate Data LLC. Report © 2018 ShowingTime.