Market Stats Booklet December 2016 Market Stats | Page 6

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
Glenview
Glenview
+ 5.5% + 14.0% + 3.6%
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 11-2016
47 35
Trailing 12 Months
+ / – 11-2015 11-2016 + / –
48 + 2.1% 1,073 1,187 + 10.6%
30 - 14.3% 496 572 + 15.3%
31 41 + 32.3% 493 555 + 12.6%
$479,900 $487,500 + 1.6% $550,000 $535,000 - 2.7%
$586,872 $619,704 + 5.6% $655,483 $622,585 - 5.0%
94.0% 92.3% - 1.8% 94.1% 93.9% - 0.2%
89 82 - 7.9% 87 95 + 9.2%
236 264 + 11.9% -- -- --
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 + / –
26 29 + 11.5% 519 462 - 11.0%
29 14 - 51.7% 329 305 - 7.3%
19 16 - 15.8% 329 303 - 7.9%
$272,000 $207,500 - 23.7% $260,000 $256,000 - 1.5%
$305,158 $298,219 - 2.3% $301,742 $303,627 + 0.6%
92.4% 91.8% - 0.6% 94.8% 94.1% - 0.7%
75 56 - 25.3% 58 67 + 15.5%
95 79 - 16.8% -- -- --
* 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
Glenview
b
Single-Family
Attached Single-Family
a
+ 40% + 100%
+ 30% + 80%
+ 20%
All MLS
Glenview
b
a
+ 60%
+ 10%
+ 40%
0%
+ 20%
- 10%
0%
- 20%
- 30% - 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.