Market Stats Booklet February 2018 Market Stats | Page 6

- 13.8 % - 15.8 %
- 13.6 %
CBHomes . com

Highland Park

- 13.8 % - 15.8 %

Change in New Listings All Properties
LOCAL MARKET UPDATE January 2018
Change in Closed Sales All Properties

- 13.6 %

Change in Inventory of Homes All Properties
Detached Single-Family
December
12-2016 12-2017 + / – 12-2016 12-2017 + / –
New Listings
25
22
- 12.0 %
866
930
+ 7.4 %
Under Contract ( includes Contingent and Pending )
13
23
+ 76.9 %
387
449
+ 16.0 %
Closed Sales
30
28
- 6.7 %
402
445
+ 10.7 %
Median Sales Price *
$ 462,500
$ 514,000
+ 11.1 %
$ 540,000
$ 515,000
- 4.6 %
Average Sales Price *
$ 566,334
$ 518,568
- 8.4 %
$ 624,667
$ 606,366
- 2.9 %
Percent of Original List Price Received *
89.6 %
90.2 %
+ 0.7 %
91.1 %
91.0 %
- 0.1 %
Average Market Time
101
219
+ 116.8 %
123
137
+ 11.4 %
Inventory of Homes for Sale at Month End
240
213
- 11.3 %
--
--
--
Attached Single-Family
December
12-2016 12-2017 + / – 12-2016 12-2017 + / –
New Listings
4
3
- 25.0 %
203
198
- 2.5 %
Under Contract ( includes Contingent and Pending )
5
7
+ 40.0 %
94
115
+ 22.3 %
Closed Sales
8
4
- 50.0 %
94
113
+ 20.2 %
Median Sales Price *
$ 279,250
$ 371,250
+ 32.9 %
$ 275,750
$ 325,000
+ 17.9 %
Average Sales Price *
$ 289,822
$ 416,000
+ 43.5 %
$ 334,285
$ 383,949
+ 14.9 %
Percent of Original List Price Received *
87.3 %
85.8 %
- 1.7 %
92.3 %
92.1 %
- 0.2 %
Average Market Time
132
272
+ 106.1 %
91
138
+ 51.6 %
Inventory of Homes for Sale at Month End
54
41
- 24.1 %
--
--
--
* 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 )**
Trailing 12 Months
Trailing 12 Months
Detached Single-Family
+ 30 %
All MLS
Highland Park
b
a
Attached Single-Family
+ 80 %
All MLS
Highland Park
b
a
+ 20 %
+ 60 %
+ 10 %
+ 40 %
0 %
+ 20 %
- 10 %
0 %
- 20 %
- 20 %
- 30 %
- 40 %
- 40 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 60 %
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 © 2018 ShowingTime .