Market Stats Booklet December 2017 Market Stats | Page 5

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
Glenview
- 28.2% 0.0% - 24.9%
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 + / –
50 39 - 22.0% 1,187 1,117 - 5.9%
27 25 - 7.4% 559 566 + 1.3%
41 30 - 26.8% 555 578 + 4.1%
$487,500 $607,000 + 24.5% $535,000 $555,000 + 3.7%
$619,704 $707,973 + 14.2% $622,585 $644,292 + 3.5%
92.3% 93.0% + 0.8% 93.9% 94.4% + 0.5%
82 107 + 30.5% 94 111 + 18.1%
278 216 - 22.3% -- -- --
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 + / –
28 17 - 39.3% 462 453 - 1.9%
14 15 + 7.1% 302 313 + 3.6%
16 27 + 68.8% 303 324 + 6.9%
$207,500 $327,500 + 57.8% $256,000 $289,000 + 12.9%
$298,219 $389,204 + 30.5% $303,627 $319,750 + 5.3%
91.8% 95.5% + 4.0% 94.1% 95.7% + 1.7%
56 46 - 17.9% 67 68 + 1.5%
83 55 - 33.7% -- -- --
* 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
All MLS
Glenview
b
Attached Single-Family
+ 40% + 100%
+ 30% + 80%
+ 20%
All MLS
Glenview
a
b
a
+ 60%
+ 10%
+ 40%
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.