Market Stats Booklet June 2017 Market Stats | Page 2

Local Market Update – May 2017
LOCAL MARKET UPDATE
May 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of June 15, 2017
CBHomes.com
Deerfield
Deerfield
+ 34.7% + 25.0% + 7.4%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
May
Detached
Detached Single-Family
Single-Family
5-2016
64
32
22
$531,000
$557,663
95.5%
51
163
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
5-2017
87
30
28
$490,000
$554,264
96.8%
73
182
Trailing 12 Months
+ / –
+ 35.9%
- 6.3%
+ 27.3%
- 7.7%
- 0.6%
+ 1.4%
+ 43.1%
+ 11.7%
5-2016
548
222
214
$480,500
$543,795
93.5%
105
--
May
Attached
Attached Single-Family
Single-Family
5-2016
11
12
10
$250,550
$257,760
95.2%
36
26
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
5-2017
14
8
12
$213,500
$262,913
98.5%
53
21
5-2017
582
244
257
$500,000
$559,672
93.3%
128
--
+ / –
+ 6.2%
+ 9.9%
+ 20.1%
+ 4.1%
+ 2.9%
- 0.2%
+ 21.9%
--
Trailing 12 Months
+ / –
+ 27.3%
- 33.3%
+ 20.0%
- 14.8%
+ 2.0%
+ 3.5%
+ 47.2%
- 19.2%
5-2016
158
110
103
$240,000
$240,931
94.0%
51
--
5-2017
155
106
114
$225,000
$244,657
95.7%
52
--
+ / –
- 1.9%
- 3.6%
+ 10.7%
- 6.3%
+ 1.5%
+ 1.8%
+ 2.0%
--
* 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
Deerfield
b
Attached Single-Family
Attached
Single-Family
All MLS
Deerfield
a
b
a
+ 80%
+ 40%
+ 30%
+ 60%
+ 20%
+ 40%
+ 10%
0%
+ 20%
- 10%
- 20%
0%
- 30%
- 20%
- 40%
- 50%
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.