Market Stats Booklet July 2017 Market Stats | Page 8

Local Market Update – June 2017
LOCAL MARKET UPDATE
June 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of July 14, 2017
CBHomes.com
Bluff
Lake Lake Bluff
- 2.5% + 19.0% - 19.6%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
June
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
6-2016 6-2017 + / – 6-2016 6-2017 + / –
31 29 - 6.5% 254 248 - 2.4%
14 14 0.0% 148 137 - 7.4%
15 22 + 46.7% 140 141 + 0.7%
$560,000 $687,500 + 22.8% $552,500 $515,000 - 6.8%
$698,467 $664,295 - 4.9% $659,480 $664,551 + 0.8%
93.2% 94.4% + 1.3% 91.7% 91.8% + 0.1%
123 85 - 30.9% 121 109 - 9.9%
87 70 - 19.5% -- -- --
June
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
6-2016 6-2017 + / – 6-2016 6-2017 + / –
9 10 + 11.1% 72 60 - 16.7%
7 4 - 42.9% 44 44 0.0%
6 3 - 50.0% 40 45 + 12.5%
$174,000 $217,000 + 24.7% $179,500 $202,000 + 12.5%
$173,833 $205,667 + 18.3% $217,066 $206,922 - 4.7%
91.6% 97.0% + 5.9% 92.3% 92.3% 0.0%
84 35 - 58.3% 82 76 - 7.3%
20 16 - 20.0% -- -- --
* 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
Detached Single-Family
All MLS
Lake Bluff
b
Attached
Single-Family
Attached Single-Family
All MLS
Lake Bluff
a
b
a
+ 200%
+ 80%
+ 60%
+ 150%
+ 40%
+ 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
1-2017
- 100%
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.