Market Stats Booklet January 2017 Market Stats | Page 5

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
Glenview
Glenview
0.0% - 3.5% + 3.5%
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
31 19
Trailing 12 Months
+ / – 12-2015 12-2016 28 - 9.7% 1,072 1,184 + 10.4%
31 + 63.2% 497 581 + 16.9%
32 37 + 15.6% 502 560 + 11.6%
$615,000 $710,000 + 15.4% $550,000 $535,000 - 2.7%
$649,979 $777,398 + 19.6% $659,143 $631,248 - 4.2%
94.1% 92.6% - 1.6% 94.2% 93.8% - 0.4%
129 168 + 30.2% 89 98 + 10.1%
207 222 + 7.2% -- -- --
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 + / –
12 15 + 25.0% 511 465 - 9.0%
16 14 - 12.5% 327 302 - 7.6%
25 18 - 28.0% 325 296 - 8.9%
$242,000 $236,000 - 2.5% $265,000 $258,500 - 2.5%
$296,120 $306,056 + 3.4% $306,978 $304,409 - 0.8%
91.8% 94.6% + 3.1% 94.6% 94.3% - 0.3%
67 51 - 23.9% 59 67 + 13.6%
77 72 - 6.5% -- -- --
* 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
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 - 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.