Market Stats Booklet January 2017 Market Stats | Page 8

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 Lake Lake Bluff Bluff + 25.0% + 7.7% - 1.4% 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 Trailing 12 Months 12-2015 12-2016 + / – 4 8 + 100.0% 264 253 - 4.2% 5 3 - 40.0% 144 136 - 5.6% 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 12-2016 + / – 11 13 + 18.2% 149 137 - 8.1% $435,000 $460,000 + 5.7% $489,000 $546,000 + 11.7% $538,264 $519,670 - 3.5% $576,397 $685,829 + 19.0% 89.0% 86.1% - 3.3% 92.4% 91.4% - 1.1% 109 143 + 31.2% 101 122 + 20.8% 59 62 + 5.1% -- -- -- December Attached Attached Single-Family Single-Family 12-2015 Trailing 12 Months 12-2015 12-2016 + / – 12-2015 12-2016 + / – 4 2 - 50.0% 61 70 + 14.8% 2 4 + 100.0% 45 49 + 8.9% 2 1 - 50.0% 44 46 + 4.5% $165,000 $82,000 - 50.3% $201,500 $188,500 - 6.5% $165,000 $82,000 - 50.3% $200,337 $223,627 + 11.6% 94.6% 71.4% - 24.5% 93.7% 91.5% - 2.3% 75 180 + 140.0% 57 98 + 71.9% 14 10 - 28.6% -- -- -- * 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 Lake Bluff b Single-Family Attached Single-Family a + 80% + 200% + 60% + 150% + 40% All MLS Lake Bluff b a + 100% + 20% + 50% 0% 0% - 20% - 50% - 40% - 60% 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 - 100% 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.