Market Stats Booklet July 2017 Market Stats | Page 6

- 10.1 % + 19.0 %
- 0.3 %
CBHomes . com

Highland Park

- 10.1 % + 19.0 %

Change in New Listings All Properties
LOCAL MARKET UPDATE June 2017
Change in Closed Sales All Properties

- 0.3 %

Change in Inventory of Homes All Properties
Detached Single-Family
6-2016 6-2017 + / – 6-2016 6-2017 + / –
New Listings
89
80
- 10.1 %
864
924
+ 6.9 %
Under Contract ( includes Contingent and Pending )
35
41
+ 17.1 %
422
430
+ 1.9 %
Closed Sales
49
59
+ 20.4 %
428
415
- 3.0 %
Median Sales Price *
$ 590,000
$ 580,000
- 1.7 %
$ 543,000
$ 535,000
- 1.5 %
Average Sales Price *
$ 677,440
$ 741,267
+ 9.4 %
$ 625,170
$ 632,384
+ 1.2 %
Percent of Original List Price Received *
92.1 %
91.3 %
- 0.9 %
91.1 %
90.7 %
- 0.4 %
Average Market Time
164
155
- 5.5 %
126
135
+ 7.1 %
Inventory of Homes for Sale at Month End
323
316
- 2.2 %
--
--
--
Attached Single-Family
June
June
6-2016 6-2017 + / – 6-2016 6-2017 + / –
New Listings
20
18
- 10.0 %
160
226
+ 41.3 %
Under Contract ( includes Contingent and Pending )
13
13
0.0 %
101
113
+ 11.9 %
Closed Sales
14
16
+ 14.3 %
101
113
+ 11.9 %
Median Sales Price *
$ 300,000
$ 307,500
+ 2.5 %
$ 314,900
$ 287,000
- 8.9 %
Average Sales Price *
$ 306,627
$ 389,781
+ 27.1 %
$ 365,274
$ 350,383
- 4.1 %
Percent of Original List Price Received *
91.4 %
93.7 %
+ 2.5 %
91.4 %
92.3 %
+ 1.0 %
Average Market Time
100
104
+ 4.0 %
91
115
+ 26.4 %
Inventory of Homes for Sale at Month End
52
58
+ 11.5 %
--
--
--
* 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 )**
Trailing 12 Months
Trailing 12 Months
Detached Single-Family Single-Family
+ 30 %
All MLS
Highland Park
b
a
Attached Single-Family
+ 80 %
All MLS
Highland Park
b
a
+ 20 %
+ 60 %
+ 10 %
+ 40 %
0 %
+ 20 %
- 10 %
0 %
- 20 %
- 20 %
- 30 %
- 40 %
- 40 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 60 %
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 © 2017 ShowingTime .