Market Stats Booklet January 2018 Market Stats | Page 5

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
Glenview
- 19.0% - 9.1% - 33.2%
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 + / –
27 28 + 3.7% 1,185 1,119 - 5.6%
29 29 0.0% 569 565 - 0.7%
37 29 - 21.6% 560 571 + 2.0%
$710,000 $540,000 - 23.9% $535,000 $545,000 + 1.9%
$777,398 $628,859 - 19.1% $631,248 $633,292 + 0.3%
92.6% 92.3% - 0.3% 93.8% 94.3% + 0.5%
168 118 - 29.8% 98 110 + 12.2%
235 174 - 26.0% -- -- --
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 + / –
15 6 - 60.0% 465 444 - 4.5%
13 15 + 15.4% 299 315 + 5.4%
18 21 + 16.7% 296 327 + 10.5%
$236,000 $350,000 + 48.3% $258,500 $300,000 + 16.1%
$306,056 $370,501 + 21.1% $304,409 $323,763 + 6.4%
94.6% 96.0% + 1.5% 94.3% 95.7% + 1.5%
51 64 + 25.5% 67 69 + 3.0%
75 33 - 56.0% -- -- --
* 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
Glenview
b
Attached Single-Family
+ 40% + 100%
+ 30% + 80%
+ 20%
All MLS
Glenview
a
b
a
+ 60%
+ 10%
+ 40%
0%
+ 20%
- 10%
0%
- 20%
- 20%
- 30%
- 40%
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.