Market Stats Booklet August 2017 Market Stats | Page 6

+ 2.4 % + 20.4 %
+ 1.6 %
CBHomes . com

Highland Park

+ 2.4 % + 20.4 %

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

+ 1.6 %

Change in Inventory of Homes All Properties
Detached Single-Family
7-2016 7-2017 + / – 7-2016 7-2017 + / –
New Listings
64
66
+ 3.1 %
842
927
+ 10.1 %
Under Contract ( includes Contingent and Pending )
32
32
0.0 %
419
430
+ 2.6 %
Closed Sales
39
45
+ 15.4 %
417
421
+ 1.0 %
Median Sales Price *
$ 587,500
$ 520,000
- 11.5 %
$ 545,000
$ 525,000
- 3.7 %
Average Sales Price *
$ 652,871
$ 582,950
- 10.7 %
$ 627,533
$ 625,202
- 0.4 %
Percent of Original List Price Received *
94.0 %
93.4 %
- 0.6 %
91.4 %
90.7 %
- 0.8 %
Average Market Time
87
74
- 14.9 %
127
133
+ 4.7 %
Inventory of Homes for Sale at Month End
308
317
+ 2.9 %
--
--
--
Attached Single-Family
7-2016 7-2017 + / – 7-2016 7-2017 + / –
New Listings
20
20
0.0 %
165
226
+ 37.0 %
Under Contract ( includes Contingent and Pending )
6
16
+ 166.7 %
92
122
+ 32.6 %
Closed Sales
10
14
+ 40.0 %
99
118
+ 19.2 %
Median Sales Price *
$ 280,000
$ 295,000
+ 5.4 %
$ 313,000
$ 293,500
- 6.2 %
Average Sales Price *
$ 362,025
$ 323,393
- 10.7 %
$ 354,293
$ 346,064
- 2.3 %
Percent of Original List Price Received *
93.9 %
94.5 %
+ 0.6 %
92.0 %
92.4 %
+ 0.4 %
Average Market Time
90
167
+ 85.6 %
96
123
+ 28.1 %
Inventory of Homes for Sale at Month End
59
56
- 5.1 %
--
--
--
July
July
* 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
+ 30 %
All MLS
Highland Park
b
a
Attached Single-Family
+ 80 %
All MLS
Highland Park
b
a
+ 20 %
+ 60 %
+ 10 %
+ 40 %
0 %
+ 20 %
- 10 %
0 %
- 20 %
- 20 %
- 30 %
- 40 %
- 40 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 60 %
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 .