Market Stats Booklet April2017 Market Stats | Page 5

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
Glenview
Glenview
+ 11.2% - 8.1% + 5.9%
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 + / –
133 152 + 14.3% 1,116 1,244 + 11.5%
58 97 + 67.2% 519 620 + 19.5%
35 39 + 11.4% 521 568 + 9.0%
$465,000 $460,000 - 1.1% $540,000 $542,500 + 0.5%
$566,021 $608,568 + 7.5% $643,031 $636,177 - 1.1%
92.2% 93.8% + 1.7% 94.1% 94.0% - 0.1%
137 140 + 2.2% 92 99 + 7.6%
264 273 + 3.4% -- -- --
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 + / –
46 47 + 2.2% 508 463 - 8.9%
31 29 - 6.5% 329 290 - 11.9%
27 18 - 33.3% 332 279 - 16.0%
$330,000 $242,500 - 26.5% $283,700 $250,000 - 11.9%
$342,673 $273,328 - 20.2% $314,889 $300,454 - 4.6%
93.7% 96.1% + 2.6% 94.6% 94.6% 0.0%
86 57 - 33.7% 63 60 - 4.8%
76 87 + 14.5% -- -- --
* 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
Glenview
b
Attached Single-Family
Attached Single-Family
All MLS
Glenview
a
+ 40% + 100%
+ 30% + 80%
+ 20%
b
a
+ 60%
+ 10%
+ 40%
0%
+ 20%
- 10%
0%
- 20%
- 20%
- 30%
- 40%
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.