Market Stats Booklet December 2016 Market Stats | Page 10

- 21.9 % + 64.7 %
0.0 %
CBHomes . com
LOCAL MARKET UPDATE November 2016

Lake Forest

Lake Forest

- 21.9 % + 64.7 %

Change in New Listings All Properties
Change in Closed Sales All Properties

0.0 %

Change in Inventory of Homes All Properties
Detached Single-Family
11-2015 11-2016 + / – 11-2015 11-2016 + / –
New Listings
28
24
- 14.3 %
646
692
+ 7.1 %
Under Contract ( includes Contingent and Pending )
12
16
+ 33.3 %
244
283
+ 16.0 %
Closed Sales
13
24
+ 84.6 %
245
265
+ 8.2 %
Median Sales Price *
$ 980,000
$ 760,000
- 22.4 %
$ 800,000
$ 800,000
0.0 %
Average Sales Price *
$ 1,111,538
$ 948,092
- 14.7 %
$ 999,889
$ 1,001,216
+ 0.1 %
Percent of Original List Price Received *
88.1 %
90.2 %
+ 2.4 %
90.2 %
89.0 %
- 1.3 %
Average Market Time
140
154
+ 10.0 %
150
180
+ 20.0 %
Inventory of Homes for Sale at Month End
298
289
- 3.0 %
--
--
--
Attached Single-Family
November
November
11-2015 11-2016 + / – 11-2015 11-2016 + / –
New Listings
4
1
- 75.0 %
101
88
- 12.9 %
Under Contract ( includes Contingent and Pending )
6
2
- 66.7 %
67
49
- 26.9 %
Closed Sales
4
4
0.0 %
66
53
- 19.7 %
Median Sales Price *
$ 1,007,155
$ 272,500
- 72.9 %
$ 447,500
$ 360,000
- 19.6 %
Average Sales Price *
$ 873,578
$ 260,063
- 70.2 %
$ 509,167
$ 482,090
- 5.3 %
Percent of Original List Price Received *
102.5 %
87.5 %
- 14.6 %
93.4 %
92.3 %
- 1.2 %
Average Market Time
197
81
- 58.9 %
93
114
+ 22.6 %
Inventory of Homes for Sale at Month End
30
39
+ 30.0 %
--
--
--
* 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
All MLS
Lake Forest
b
a
Attached Single-Family
All MLS
Lake Forest
b
a
+ 40 %
+ 200 %
+ 30 %
+ 150 %
+ 20 %
+ 10 %
+ 100 %
0 %
+ 50 %
- 10 %
- 20 %
0 %
- 30 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
- 50 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
** 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 . Powered by ShowingTime 10K .