Market Stats Booklet August 2017 Market Stats | Page 2

Local Market Update – July 2017
LOCAL MARKET UPDATE
July 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of August 14, 2017
CBHomes.com
Deerfield
+ 12.3% - 42.6% + 9.9%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
July
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
7-2016 7-2017 + / – 7-2016 7-2017 + / –
42 49 + 16.7% 548 584 + 6.6%
21 21 0.0% 222 228 + 2.7%
36 21 - 41.7% 221 237 + 7.2%
$462,000 $630,000 + 36.4% $466,750 $510,500 + 9.4%
$519,514 $642,814 + 23.7% $528,728 $581,782 + 10.0%
92.8% 94.5% + 1.8% 93.5% 93.3% - 0.2%
140 64 - 54.3% 116 122 + 5.2%
165 180 + 9.1% -- -- --
7-2016 7-2017 + / – 7-2016 7-2017 + / –
15 15 0.0% 173 149 - 13.9%
7 7 0.0% 114 98 - 14.0%
July
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
11 6 - 45.5% 106 106 0.0%
$245,000 $277,500 + 13.3% $240,000 $232,500 - 3.1%
$248,255 $264,133 + 6.4% $243,028 $251,781 + 3.6%
95.2% 96.4% + 1.3% 94.3% 95.7% + 1.5%
40 39 - 2.5% 49 59 + 20.4%
27 31 + 14.8% -- -- --
* 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
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.