Market Stats Booklet June 2017 Market Stats | Page 11

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Northfield

+ 31.6 % - 37.5 %

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

- 14.1 %

Change in Inventory of Homes All Properties
Detached Single-Family
Detached Single-Family
5-2016
5-2017
+ / –
5-2016
5-2017
+ / –
New Listings
14
18
+ 28.6 %
148
125
- 15.5 %
Under Contract ( includes Contingent and Pending )
5
8
+ 60.0 %
77
61
- 20.8 %
Closed Sales
12
5
- 58.3 %
77
58
- 24.7 %
Median Sales Price *
$ 680,500
$ 935,000
+ 37.4 %
$ 755,000
$ 627,500
- 16.9 %
Average Sales Price *
$ 823,875
$ 938,500
+ 13.9 %
$ 813,221
$ 743,434
- 8.6 %
Percent of Original List Price Received *
93.6 %
92.8 %
- 0.9 %
91.3 %
91.5 %
+ 0.2 %
Average Market Time
121
186
+ 53.7 %
120
124
+ 3.3 %
Inventory of Homes for Sale at Month End
51
50
- 2.0 %
--
--
--
Attached Single-Family
Attached Single-Family
5-2016
5-2017
+ / –
5-2016
5-2017
+ / –
New Listings
5
7
+ 40.0 %
57
44
- 22.8 %
Under Contract ( includes Contingent and Pending )
3
6
+ 100.0 %
44
45
+ 2.3 %
Closed Sales
4
5
+ 25.0 %
38
44
+ 15.8 %
Median Sales Price *
$ 261,500
$ 227,500
- 13.0 %
$ 272,000
$ 228,250
- 16.1 %
Average Sales Price *
$ 289,500
$ 311,500
+ 7.6 %
$ 322,366
$ 315,134
- 2.2 %
Percent of Original List Price Received *
94.5 %
97.8 %
+ 3.5 %
91.4 %
93.3 %
+ 2.1 %
Average Market Time
33
16
- 51.5 %
85
100
+ 17.6 %
Inventory of Homes for Sale at Month End
20
11
- 45.0 %
--
--
--
* Does not account for seller concessions . | Activity for one month can sometimes look extreme due to small sample size .
May
May
Change in Median Sales Price from Prior Year ( 6-Month Average )**
Trailing 12 Months
Trailing 12 Months
Detached Single-Family Detached Single-Family
+ 100 %
All MLS
Northfield
b
a
Attached Single-Family Attached Single-Family
+ 160 %
All MLS
Northfield
b
a
+ 80 %
+ 140 %
+ 120 %
+ 60 %
+ 100 %
+ 40 %
+ 80 %
+ 60 %
+ 20 %
+ 40 %
0 %
+ 20 %
- 20 %
0 %
- 20 %
- 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 © 2017 ShowingTime .