Market Stats Booklet December 2017 Market Stats | Page 6

- 5.9 % + 96.0 %
- 9.2 %
CBHomes . com

Highland Park

- 5.9 % + 96.0 %

Change in New Listings All Properties
LOCAL MARKET UPDATE November 2017
Change in Closed Sales All Properties

- 9.2 %

Change in Inventory of Homes All Properties
Detached Single-Family
11-2016 11-2017 + / – 11-2016 11-2017 + / –
New Listings
52
49
- 5.8 %
868
932
+ 7.4 %
Under Contract ( includes Contingent and Pending )
16
24
+ 50.0 %
392
439
+ 12.0 %
Closed Sales
22
38
+ 72.7 %
403
447
+ 10.9 %
Median Sales Price *
$ 481,000
$ 441,500
- 8.2 %
$ 537,500
$ 512,500
- 4.7 %
Average Sales Price *
$ 668,738
$ 510,168
- 23.7 %
$ 626,530
$ 608,863
- 2.8 %
Percent of Original List Price Received *
86.4 %
91.1 %
+ 5.4 %
91.2 %
91.1 %
- 0.1 %
Average Market Time
137
104
- 24.1 %
118
125
+ 5.9 %
Inventory of Homes for Sale at Month End
274
257
- 6.2 %
--
--
--
Attached Single-Family
November
November
11-2016 11-2017 + / – 11-2016 11-2017 + / –
New Listings
16
15
- 6.3 %
203
199
- 2.0 %
Under Contract ( includes Contingent and Pending )
5
6
+ 20.0 %
94
113
+ 20.2 %
Closed Sales
3
11
+ 266.7 %
93
117
+ 25.8 %
Median Sales Price *
$ 636,750
$ 260,500
- 59.1 %
$ 276,500
$ 316,750
+ 14.6 %
Average Sales Price *
$ 668,917
$ 289,045
- 56.8 %
$ 337,433
$ 371,904
+ 10.2 %
Percent of Original List Price Received *
87.7 %
88.0 %
+ 0.3 %
92.4 %
92.5 %
+ 0.1 %
Average Market Time
5
164
+ 3,180.0 %
84
133
+ 58.3 %
Inventory of Homes for Sale at Month End
64
50
- 21.9 %
--
--
--
* 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 )**
Trailing 12 Months
Trailing 12 Months
Detached Single-Family
+ 30 %
All MLS
Highland Park
b
a
Attached Single-Family
+ 80 %
All MLS
Highland Park
b
a
+ 20 %
+ 60 %
+ 10 %
+ 40 %
+ 20 %
0 %
0 %
- 10 %
- 20 %
- 20 %
- 40 %
- 30 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 60 %
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 .