Market Stats Booklet July 2018 Market Stats | Page 6

+ 22.4 % - 19.7 %
- 3.2 %
CBHomes . com

Highland Park

+ 22.4 % - 19.7 %
Change in New Listings All Properties
LOCAL MARKET UPDATE June 2018
Change in Closed Sales All Properties
- 3.2 %
Change in Inventory of Homes All Properties
Detached Single-Family
June
6-2017 6-2018 + / – 6-2017 6-2018 + / –
New Listings
80
104
+ 30.0 %
926
920
- 0.6 %
Under Contract ( includes Contingent and Pending )
41
45
+ 9.8 %
429
427
- 0.5 %
Closed Sales
59
48
- 18.6 %
415
424
+ 2.2 %
Median Sales Price *
$ 580,000
$ 517,500
- 10.8 %
$ 535,000
$ 515,000
- 3.7 %
Average Sales Price *
$ 741,267
$ 578,430
- 22.0 %
$ 632,384
$ 575,426
- 9.0 %
Percent of Original List Price Received *
91.3 %
92.9 %
+ 1.8 %
90.7 %
91.6 %
+ 1.0 %
Average Market Time
155
104
- 32.9 %
135
130
- 3.7 %
Inventory of Homes for Sale at Month End
320
310
- 3.1 %
--
--
--
Attached Single-Family
June
6-2017 6-2018 + / – 6-2017 6-2018 + / –
New Listings
18
16
- 11.1 %
227
194
- 14.5 %
Under Contract ( includes Contingent and Pending )
13
7
- 46.2 %
112
100
- 10.7 %
Closed Sales
17
13
- 23.5 %
114
106
- 7.0 %
Median Sales Price *
$ 315,000
$ 317,500
+ 0.8 %
$ 288,500
$ 320,875
+ 11.2 %
Average Sales Price *
$ 386,559
$ 363,308
- 6.0 %
$ 350,248
$ 376,271
+ 7.4 %
Percent of Original List Price Received *
93.4 %
93.8 %
+ 0.4 %
92.3 %
92.9 %
+ 0.7 %
Average Market Time
103
96
- 6.8 %
114
131
+ 14.9 %
Inventory of Homes for Sale at Month End
60
58
- 3.3 %
--
--
--
* 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
+ 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
1-2018
- 60 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
** 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 .