Market Stats Booklet April2017 Market Stats | Page 4

- 13.3 % - 54.5 %
+ 9.2 %
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Glencoe

Glencoe

- 13.3 % - 54.5 %

Change in New Listings All Properties
LOCAL MARKET UPDATE March 2017
Change in Closed Sales All Properties

+ 9.2 %

Change in Inventory of Homes All Properties
Detached Single-Family
3-2016 3-2017 + / – 3-2016 3-2017 + / –
New Listings
42
37
- 11.9 %
291
311
+ 6.9 %
Under Contract ( includes Contingent and Pending )
17
22
+ 29.4 %
122
135
+ 10.7 %
Closed Sales
10
4
- 60.0 %
114
131
+ 14.9 %
Median Sales Price *
$ 672,500
$ 590,000
- 12.3 %
$ 963,000
$ 950,000
- 1.3 %
Average Sales Price *
$ 810,151
$ 846,250
+ 4.5 %
$ 1,074,498
$ 1,165,462
+ 8.5 %
Percent of Original List Price Received *
92.9 %
85.1 %
- 8.4 %
90.0 %
91.0 %
+ 1.1 %
Average Market Time
103
128
+ 24.3 %
139
167
+ 20.1 %
Inventory of Homes for Sale at Month End
94
100
+ 6.4 %
--
--
--
Attached Single-Family
March
March
3-2016 3-2017 + / – 3-2016 3-2017 + / –
New Listings
3
2
- 33.3 %
22
23
+ 4.5 %
Under Contract ( includes Contingent and Pending )
1
1
0.0 %
12
14
+ 16.7 %
Closed Sales
1
1
0.0 %
12
16
+ 33.3 %
Median Sales Price *
$ 380,000
$ 252,000
- 33.7 %
$ 223,000
$ 235,000
+ 5.4 %
Average Sales Price *
$ 380,000
$ 252,000
- 33.7 %
$ 292,825
$ 244,625
- 16.5 %
Percent of Original List Price Received *
84.6 %
91.8 %
+ 8.5 %
91.4 %
93.6 %
+ 2.4 %
Average Market Time
70
45
- 35.7 %
64
83
+ 29.7 %
Inventory of Homes for Sale at Month End
4
7
+ 75.0 %
--
--
--
* 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 )**
Trailing 12 Months
Trailing 12 Months
Detached Single-Family Detached Single-Family
+ 50 %
All MLS
Glencoe
b
a
Attached Single-Family Attached Single-Family
+ 150 %
All MLS
Glencoe
b
a
+ 40 %
+ 30 %
+ 100 %
+ 20 %
+ 10 %
+ 50 %
0 %
0 %
- 10 %
- 20 %
- 50 %
- 30 %
- 40 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 100 %
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 .