Market Stats Booklet December 2017 Market Stats | Page 8

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
Lake Bluff
- 7.1% + 7.7% - 13.1%
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 + / –
13 12 - 7.7% 249 235 - 5.6%
9 6 - 33.3% 138 130 - 5.8%
10 8 - 20.0% 135 138 + 2.2%
$530,000 $775,000 + 46.2% $546,000 $581,075 + 6.4%
$622,450 $853,113 + 37.1% $689,806 $630,462 - 8.6%
92.4% 95.3% + 3.1% 91.7% 91.8% + 0.1%
89 130 + 46.1% 111 128 + 15.3%
69 58 - 15.9% -- -- --
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 + / –
1 1 0.0% 72 67 - 6.9%
1 4 + 300.0% 47 43 - 8.5%
3 6 + 100.0% 47 43 - 8.5%
$239,500 $234,350 - 2.2% $192,000 $215,000 + 12.0%
$338,167 $264,367 - 21.8% $224,146 $233,202 + 4.0%
91.6% 92.2% + 0.7% 92.1% 92.8% + 0.8%
49 55 + 12.2% 95 60 - 36.8%
15 15 0.0% -- -- --
* 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
Lake Bluff
b
Attached Single-Family
All MLS
Lake Bluff
a
b
a
+ 200%
+ 80%
+ 60%
+ 150%
+ 40%
+ 100%
+ 20%
+ 50%
0%
0%
- 20%
- 50%
- 40%
- 60%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 100%
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.