Market Stats Booklet February 2017 Market Stats | Page 5
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
Glenview
Glenview
+ 24.7% + 10.8% + 17.4%
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 + / –
58 80 + 37.9% 1,077 1,206 + 12.0%
37 39 + 5.4% 510 580 + 13.7%
19 25 + 31.6% 500 566 + 13.2%
$495,000 $610,000 + 23.2% $550,000 $540,000 - 1.8%
$616,441 $647,937 + 5.1% $653,914 $632,483 - 3.3%
88.9% 93.3% + 4.9% 94.2% 93.9% - 0.3%
158 152 - 3.8% 89 99 + 11.2%
189 236 + 24.9% -- -- --
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 + / –
31 31 0.0% 501 465 - 7.2%
24 22 - 8.3% 325 299 - 8.0%
18 16 - 11.1% 325 294 - 9.5%
$319,000 $222,500 - 30.3% $272,000 $255,500 - 6.1%
$299,676 $300,066 + 0.1% $310,201 $304,462 - 1.9%
95.5% 97.6% + 2.2% 94.7% 94.4% - 0.3%
75 36 - 52.0% 61 64 + 4.9%
70 68 - 2.9% -- -- --
* 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)**
Detached Single-Family
Single-Family
Detached
All MLS
Glenview
b
Single-Family
Attached Single-Family
a
+ 40% + 100%
+ 30% + 80%
+ 20%
All MLS
Glenview
b
a
+ 60%
+ 10%
+ 40%
0%
+ 20%
- 10%
0%
- 20%
- 30% - 20%
- 40%
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.