Market Stats Booklet December 2016 Market Stats | Page 3

Local Market Update – November 2016
LOCAL MARKET UPDATE
November 2016
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2016
CBHomes.com
Deerfield
Deerfield
+ 250.0% + 38.5% + 10.9%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
November
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
11-2015 11-2016 + / –
11-2015 11-2016 + / –
10 31 10 15 + 210.0% 487 544 + 11.7%
+ 50.0% 217 237 8 + 9.2%
13 + 62.5% 218 228 + 4.6%
$292,500 $510,200 + 74.4% $480,500 $480,000 - 0.1%
$395,813 $569,300 + 43.8% $538,424 $532,273 - 1.1%
89.1% 92.7% + 4.0% 93.9% 93.1% - 0.9%
139 120 - 13.7% 102 117 + 14.7%
109 118 + 8.3% -- -- --
November
Attached
Attached 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
11-2015 11-2016 + / – 11-2015 11-2016 + / –
4 18 + 350.0% 138 175 + 26.8%
10 8 - 20.0% 94 119 + 26.6%
5 5 0.0% 96 121 + 26.0%
$168,000 $180,000 + 7.1% $235,000 $233,000 - 0.9%
$199,180 $207,000 + 3.9% $234,446 $249,437 + 6.4%
96.2% 95.6% - 0.6% 93.3% 95.4% + 2.3%
49 22 - 55.1% 53 51 - 3.8%
20 25 + 25.0% -- -- --
* 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)**
Detached Single-Family
Single-Family
Detached
All MLS
Deerfield
b
Single-Family
Attached Single-Family
a
All MLS
Deerfield
b
a
+ 80%
+ 40%
+ 30%
+ 60%
+ 20%
+ 40%
+ 10%
0%
+ 20%
- 10%
0%
- 20%
- 30%
- 20%
- 40%
- 50%
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.