Market Stats Booklet December 2017 Market Stats | Page 2
Local Market Update – November 2017
LOCAL MARKET UPDATE
November 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2017
CBHomes.com
Deerfield
- 34.7% + 22.2% + 3.4%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
November
Detached 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
11-2016 11-2017 + / – 11-2016 11-2017 + / –
31 23 - 25.8% 543 599 + 10.3%
11 16 + 45.5% 232 240 + 3.4%
13 16 + 23.1% 228 230 + 0.9%
$510,200 $413,163 - 19.0% $480,000 $498,500 + 3.9%
$569,300 $425,548 - 25.3% $532,273 $566,284 + 6.4%
92.7% 91.7% - 1.1% 93.1% 93.2% + 0.1%
120 124 + 3.3% 117 116 - 0.9%
123 124 + 0.8% -- -- --
November
Attached 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
11-2016 11-2017 + / – 11-2016 11-2017 + / –
18 9 - 50.0% 174 157 - 9.8%
8 8 0.0% 118 99 - 16.1%
5 6 + 20.0% 121 96 - 20.7%
$180,000 $249,500 + 38.6% $233,000 $235,750 + 1.2%
$207,000 $323,102 + 56.1% $249,437 $262,615 + 5.3%
95.6% 91.7% - 4.1% 95.4% 95.3% - 0.1%
22 86 + 290.9% 51 63 + 23.5%
26 30 + 15.4% -- -- --
* 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
All MLS
Deerfield
b
Attached Single-Family
All MLS
Deerfield
a
b
a
+ 80%
+ 40%
+ 30%
+ 60%
+ 20%
+ 40%
+ 10%
0%
+ 20%
- 10%
0%
- 20%
- 20%
- 30%
- 40%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 40%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
** 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. Report © 2017 ShowingTime.