Market Stats Booklet January 2017 Market Stats | Page 2

Local Market Update – December 2016
LOCAL MARKET UPDATE
December 2016
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2017
CBHomes.com
Deerfield
Deerfield
- 48.6% 0.0% - 2.5%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
December
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
12-2015 12-2016
29 16
8 13
Trailing 12 Months
+ / –
12-2015 12-2016 - 44.8% 493 531 + 7.7%
+ 62.5% 216 240 + 11.1%
12 15 + 25.0% 220 231 + 5.0%
$398,750 $454,900 + 14.1% $468,500 $492,500 + 5.1%
$417,917 $546,392 + 30.7% $534,784 $539,130 + 0.8%
92.1% 89.8% - 2.5% 93.8% 92.9% - 1.0%
165 195 + 18.2% 107 120 + 12.1%
103 104 + 1.0% -- -- --
December
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
12-2015 12-2016 + / – 12-2015 12-2016 + / –
6 2 - 66.7% 139 171 + 23.0%
6 11 + 83.3% 92 124 + 34.8%
7 4 - 42.9% 90 118 + 31.1%
$174,000 $244,000 + 40.2% $230,500 $236,000 + 2.4%
$253,014 $284,250 + 12.3% $236,494 $250,405 + 5.9%
94.3% 94.1% - 0.2% 93.8% 95.4% + 1.7%
69 76 + 10.1% 47 51 + 8.5%
17 13 - 23.5% -- -- --
* 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
- 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.