Market Stats Booklet January 2017 Market Stats | Page 11

0.0 % + 133.3 %
0.0 %
CBHomes . com
LOCAL MARKET UPDATE December 2016

Northfield

0.0 % + 133.3 %

Change in New Listings All Properties
Change in Closed Sales All Properties

0.0 %

Change in Inventory of Homes All Properties
Detached Single-Family
12-2015 12-2016 + / – 12-2015 12-2016 + / –
New Listings
5
4
- 20.0 %
139
129
- 7.2 %
Under Contract ( includes Contingent and Pending )
6
5
- 16.7 %
77
65
- 15.6 %
Closed Sales
1
3
+ 200.0 %
76
65
- 14.5 %
Median Sales Price *
$ 351,500
$ 357,000
+ 1.6 %
$ 706,250
$ 630,000
- 10.8 %
Average Sales Price *
$ 351,500
$ 571,267
+ 62.5 %
$ 755,539
$ 793,431
+ 5.0 %
Percent of Original List Price Received *
103.4 %
78.5 %
- 24.1 %
91.3 %
91.5 %
+ 0.2 %
Average Market Time
19
148
+ 678.9 %
113
113
0.0 %
Inventory of Homes for Sale at Month End
32
29
- 9.4 %
--
--
--
Attached Single-Family
December
December
12-2015 12-2016 + / – 12-2015 12-2016 + / –
New Listings
1
2
+ 100.0 %
49
57
+ 16.3 %
Under Contract ( includes Contingent and Pending )
0
1
--
39
44
+ 12.8 %
Closed Sales
2
4
+ 100.0 %
40
43
+ 7.5 %
Median Sales Price *
$ 214,250
$ 199,250
- 7.0 %
$ 266,250
$ 270,000
+ 1.4 %
Average Sales Price *
$ 214,250
$ 321,500
+ 50.1 %
$ 328,423
$ 348,300
+ 6.1 %
Percent of Original List Price Received *
96.3 %
90.6 %
- 5.9 %
91.6 %
93.3 %
+ 1.9 %
Average Market Time
213
116
- 45.5 %
96
91
- 5.2 %
Inventory of Homes for Sale at Month End
9
12
+ 33.3 %
--
--
--
* 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
All MLS
Northfield
b
a
Attached Single-Family
All MLS
Northfield
b
a
+ 100 %
+ 160 %
+ 80 %
+ 140 % + 120 %
+ 60 %
+ 100 %
+ 40 %
+ 80 % + 60 %
+ 20 %
+ 40 %
0 %
+ 20 %
- 20 %
0 % - 20 %
- 40 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
- 40 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
** 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 .