Market Stats Booklet December 2016 Market Stats | Page 5

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
Glencoe
Glencoe
- 16.7% - 10.0% - 5.9%
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
11-2015 11-20 16
9 7 9
Trailing 12 Months
+ / – 11-2015 11-2016 + / –
9 0.0% 264 299 + 13.3%
9 + 28.6% 118 135 + 14.4%
7 - 22.2% 111 139 + 25.2%
$969,000 $950,000 - 2.0% $1,039,000 $950,000 - 8.6%
$1,000,430 $1,003,571 + 0.3% $1,143,847 $1,154,836 + 1.0%
85.5% 84.6% - 1.1% 89.9% 91.3% + 1.6%
195 249 + 27.7% 142 161 + 13.4%
79 73 - 7.6% -- -- --
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 + / –
3 1 - 66.7% 19 25 + 31.6%
2 0 - 100.0% 12 16 + 33.3%
1 2 + 100.0% 11 16 + 45.5%
$188,399 $177,500 - 5.8% $216,000 $235,000 + 8.8%
$188,399 $177,500 - 5.8% $269,582 $263,969 - 2.1%
91.1% 85.8% - 5.8% 91.6% 93.9% + 2.5%
44 44 0.0% 72 79 + 9.7%
6 7 + 16.7% -- -- --
* 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
Glencoe
b
Single-Family
Attached Single-Family
a
All MLS
Glencoe
b
a
+ 150%
+ 50%
+ 40%
+ 100%
+ 30%
+ 20%
+ 50%
+ 10%
0%
0%
- 10%
- 20%
- 50%
- 30%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
- 100%
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.