Market Stats Booklet February 2017 Market Stats | Page 11
Local Market Update – January 2017
LOCAL MARKET UPDATE
January 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2017
CBHomes.com
Northfield
Northfield
- 40.0% + 100.0% - 2.3%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
January
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
Trailing 12 Months
1-2016 1-2017 + / – 1-2016 1-2017 14 9 - 35.7% 136 123 - 9.6%
4 2 - 50.0% 74 63 - 14.9%
3 4 + 33.3% 75 66 - 12.0%
$899,000 $646,000 - 28.1% $720,000 $627,500 - 12.8%
$746,167 $658,000 - 11.8% $767,866 $787,371 + 2.5%
89.9% 92.0% + 2.3% 90.8% 91.6% + 0.9%
208 132 - 36.5% 121 109 - 9.9%
35 33 - 5.7% -- -- --
January
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
1-2016 1-2017 + / – 1-2016 1-2017 + / –
6 3 - 50.0% 52 54 + 3.8%
6 4 - 33.3% 42 41 - 2.4%
1 4 + 300.0% 38 46 + 21.1%
$619,000 $201,500 - 67.4% $266,250 $247,500 - 7.0%
$619,000 $223,250 - 63.9% $335,484 $331,541 - 1.2%
98.4% 95.6% - 2.8% 91.6% 93.4% + 2.0%
4 85 + 2,025.0% 88 92 + 4.5%
9 10 + 11.1% -- -- --
* Does not account for seller concessions. | Activity for one month can sometimes look extrem