Market Stats Booklet June 2018 Market Stats | Page 11

Local Market Update – May 2018
LOCAL MARKET UPDATE
May 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of June 14, 2018
CBHomes.com
Northfield
0.0% 0.0% - 1.5%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
May
Detached Single-Family
5-2017
18
8
5
$935,000
$938,500
92.8%
186
52
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
5-2018
22
6
8
$897,500
$903,000
89.9%
144
58
Trailing 12 Months
+ / –
+ 22.2%
- 25.0%
+ 60.0%
- 4.0%
- 3.8%
- 3.1%
- 22.6%
+ 11.5%
May
Attached Single-Family
5-2017
7
5
5
$227,500
$311,500
97.8%
16
13
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
5-2018
3
4
2
$465,000
$465,000
92.4%
84
6
5-2017
125
59
58
$627,500
$743,434
91.5%
124
--
5-2018
144
70
77
$612,500
$753,096
91.2%
147
--
+ / –
+ 15.2%
+ 18.6%
+ 32.8%
- 2.4%
+ 1.3%
- 0.3%
+ 18.5%
--
Trailing 12 Months
+ / –
- 57.1%
- 20.0%
- 60.0%
+ 104.4%
+ 49.3%
- 5.5%
+ 425.0%
- 53.8%
5-2017
44
43
44
$228,250
$315,134
93.3%
100
--
5-2018
53
44
45
$278,000
$339,429
94.1%
67
--
+ / –
+ 20.5%
+ 2.3%
+ 2.3%
+ 21.8%
+ 7.7%
+ 0.9%
- 33.0%
--
* 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
All MLS
Northfield
+ 100%
+ 80%
b
Attached Single-Family
a
All MLS
Northfield
b
a
+ 160%
+ 140%
+ 120%
+ 60%
+ 40%
+ 100%
+ 80%
+ 60%
+ 20%
0%
+ 40%
+ 20%
0%
- 20%
- 20%
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 40%
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.