Market Stats Booklet January 2018 Market Stats | Page 2

Local Market Update – December 2017
LOCAL MARKET UPDATE
December 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2018
CBHomes.com
Deerfield
0.0% + 42.1% + 6.5%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
December
Detached 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
12-2016 12-2017 + / – 12-2016 12-2017 + / –
16 13 - 18.8% 530 596 + 12.5%
13 7 - 46.2% 237 232 - 2.1%
15 18 + 20.0% 231 233 + 0.9%
$454,900 $522,500 + 14.9% $492,500 $500,000 + 1.5%
$546,392 $576,833 + 5.6% $539,130 $568,380 + 5.4%
89.8% 89.8% 0.0% 92.9% 93.1% + 0.2%
195 138 - 29.2% 120 120 0.0%
107 109 + 1.9% -- -- --
December
Attached 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
12-2016 12-2017 + / – 12-2016 12-2017 + / –
2 5 + 150.0% 170 160 - 5.9%
9 10 + 11.1% 121 99 - 18.2%
4 9 + 125.0% 118 101 - 14.4%
$244,000 $280,000 + 14.8% $236,000 $240,000 + 1.7%
$284,250 $280,233 - 1.4% $250,405 $263,328 + 5.2%
94.1% 94.1% 0.0% 95.4% 95.3% - 0.1%
76 48 - 36.8% 51 61 + 19.6%
16 22 + 37.5% -- -- --
* 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
All MLS
Deerfield
b
Attached Single-Family
All MLS
Deerfield
a
b
a
+ 80%
+ 40%
+ 30%
+ 60%
+ 20%
+ 40%
+ 10%
0%
+ 20%
- 10%
- 20%
0%
- 30%
- 20%
- 40%
- 50%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 40%
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.