Market Stats Booklet December 2016 Market Stats | Page 12

+ 16.7 % - 33.3 %
- 6.3 %
CBHomes . com
LOCAL MARKET UPDATE November 2016

Northfield

+ 16.7 % - 33.3 %

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

- 6.3 %

Change in Inventory of Homes All Properties
Detached Single-Family
11-2015 11-2016 + / – 11-2015 11-2016 + / –
New Listings
6
4
- 33.3 %
137
130
- 5.1 %
Under Contract ( includes Contingent and Pending )
4
3
- 25.0 %
76
66
- 13.2 %
Closed Sales
5
2
- 60.0 %
83
63
- 24.1 %
Median Sales Price *
$ 655,000
$ 861,200
+ 31.5 %
$ 715,000
$ 630,000
- 11.9 %
Average Sales Price *
$ 721,900
$ 861,200
+ 19.3 %
$ 786,222
$ 796,995
+ 1.4 %
Percent of Original List Price Received *
94.5 %
93.6 %
- 1.0 %
91.3 %
92.4 %
+ 1.2 %
Average Market Time
64
90
+ 40.6 %
111
109
- 1.8 %
Inventory of Homes for Sale at Month End
38
36
- 5.3 %
--
--
--
Attached Single-Family
November
November
11-2015 11-2016 + / – 11-2015 11-2016 + / –
New Listings
0
3
--
48
56
+ 16.7 %
Under Contract ( includes Contingent and Pending )
1
6
+ 500.0 %
42
45
+ 7.1 %
Closed Sales
1
2
+ 100.0 %
44
41
- 6.8 %
Median Sales Price *
$ 350,000
$ 442,500
+ 26.4 %
$ 238,000
$ 270,000
+ 13.4 %
Average Sales Price *
$ 350,000
$ 442,500
+ 26.4 %
$ 322,780
$ 344,376
+ 6.7 %
Percent of Original List Price Received *
101.4 %
89.2 %
- 12.0 %
91.5 %
93.7 %
+ 2.4 %
Average Market Time
14
147
+ 950.0 %
94
95
+ 1.1 %
Inventory of Homes for Sale at Month End
10
9
- 10.0 %
--
--
--
* 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
Northfield
b
a
Attached Single-Family
All MLS
Northfield
b
a
+ 100 %
+ 160 %
+ 80 %
+ 140 % + 120 %
+ 60 %
+ 100 %
+ 40 %
+ 80 % + 60 %
+ 20 %
+ 40 %
0 %
+ 20 %
- 20 %
0 % - 20 %
- 40 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
- 40 %
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 .