Market Stats Booklet April2017 Market Stats | Page 2

Local Market Update – March 2017
LOCAL MARKET UPDATE
March 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of April 14, 2017
CBHomes.com
Deerfield
Deerfield
+ 14.7% + 43.8% - 11.3%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
March
Detached
Detached Single-Family
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
3-2016 3-2017 + / – 3-2016 3-2017 + / –
60 69 + 15.0% 514 565 + 9.9%
24 38 + 58.3% 207 258 + 24.6%
8 15 + 87.5% 203 248 + 22.2%
$425,000 $427,500 + 0.6% $479,000 $500,000 + 4.4%
$466,250 $484,022 + 3.8% $536,423 $550,306 + 2.6%
90.1% 94.8% + 5.2% 93.4% 93.1% - 0.3%
158 112 - 29.1% 119 118 - 0.8%
159 143 - 10.1% -- -- --
March
Attached Single-Family
Single-Family
Attached
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
3-2016 3-2017 + / – 3-2016 3-2017 + / –
15 17 + 13.3% 151 161 + 6.6%
9 12 + 33.3% 105 110 + 4.8%
8 8 0.0% 92 118 + 28.3%
$265,000 $205,825 - 22.3% $230,625 $233,000 + 1.0%
$294,156 $248,769 - 15.4% $234,903 $246,112 + 4.8%
93.1% 95.9% + 3.0% 93.5% 95.8% + 2.5%
62 58 - 6.5% 49 49 0.0%
27 22 - 18.5% -- -- --
* 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
Detached Single-Family
All MLS
Deerfield
b
Attached Single-Family
Attached Single-Family
All MLS
Deerfield
a
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
- 40%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
** 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 © 2017 ShowingTime.