Market Stats Booklet June 2017 Market Stats | Page 8

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
Bluff
Lake Lake Bluff
- 27.5% + 42.9% - 26.7%
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
27
16
18
$619,250
$718,333
90.8%
158
82
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
25
14
23
$525,000
$596,884
91.6%
133
67
Trailing 12 Months
+ / –
- 7.4%
- 12.5%
+ 27.8%
- 15.2%
- 16.9%
+ 0.9%
- 15.8%
- 18.3%
May
Attached
Attached Single-Family
Single-Family
5-2016
13
6
3
$597,500
$556,167
93.1%
282
23
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
4
6
7
$188,500
$195,681
92.1%
48
10
5-2016
254
150
145
$555,000
$653,053
91.8%
120
--
5-2017
250
138
134
$515,500
$668,389
91.6%
115
--
+ / –
- 1.6%
- 8.0%
- 7.6%
- 7.1%
+ 2.3%
- 0.2%
- 4.2%
--
Trailing 12 Months
+ / –
- 69.2%
0.0%
+ 133.3%
- 68.5%
- 64.8%
- 1.1%
- 83.0%
- 56.5%
5-2016
70
39
43
$205,000
$228,779
93.0%
70
--
5-2017
59
48
48
$192,000
$202,864
91.9%
80
--
+ / –
- 15.7%
+ 23.1%
+ 11.6%
- 6.3%
- 11.3%
- 1.2%
+ 14.3%
--
* 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)**
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.