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