Market Stats Booklet February 2017 Market Stats | Page 2

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
Deerfield
Deerfield
+ 25.6% - 5.3% - 18.8%
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
1-2016 1-2017
26 8
Trailing 12 Months
+ / – 1-2016 1-2017 + / –
47 + 80.8% 495 552 + 11.5%
16 + 100.0% 210 246 + 17.1%
11 12 + 9.1% 217 232 + 6.9%
$544,500 $605,500 + 11.2% $469,500 $500,000 + 6.5%
$546,818 $681,583 + 24.6% $535,537 $546,134 + 2.0%
92.7% 90.8% - 2.0% 93.9% 92.8% - 1.2%
221 158 - 28.5% 113 117 + 3.5%
110 98 - 10.9% -- -- --
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 + / –
17 7 - 58.8% 148 161 + 8.8%
6 5 - 16.7% 93 122 + 31.2%
8 6 - 25.0% 94 116 + 23.4%
$236,000 $232,750 - 1.4% $235,000 $234,500 - 0.2%
$243,563 $221,333 - 9.1% $238,070 $249,373 + 4.7%
92.9% 94.8% + 2.0% 93.4% 95.5% + 2.2%
87 68 - 21.8% 50 49 - 2.0%
28 14 - 50.0% -- -- --
* 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
Single-Family
Detached
All MLS
Deerfield
b
Single-Family
Attached Single-Family
a
All MLS
Deerfield
b
a
+ 80%
+ 40%
+ 30%
+ 60%
+ 20%
+ 40%
+ 10%
0%
+ 20%
- 10%
0%
- 20%
- 30%
- 20%
- 40%
- 50%
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. Powered by ShowingTime 10K.