Market Stats Booklet March 2017 Market Stats | Page 11

Local Market Update – February 2017 LOCAL MARKET UPDATE February 2017 A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2017 CBHomes.com Northfield Northfield 0.0% - 50.0% - 20.8% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties February Detached Detached Single-Family Single-Family 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 Trailing 12 Months 2-2016 2-2017 + / – 2-2016 2-2017 + / – 13 13 0.0% 133 122 - 8.3% 6 12 + 100.0% 76 69 - 9.2% 4 3 - 25.0% 77 65 - 15.6% $652,500 $304,000 - 53.4% $750,000 $625,000 - 16.7% $827,750 $557,167 - 32.7% $777,027 $774,262 - 0.4% 91.4% 87.9% - 3.8% 91.1% 91.5% + 0.4% 209 71 - 66.0% 125 102 - 18.4% 40 32 - 20.0% -- -- -- February Attached Single-Family Single-Family Attached 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 Trailing 12 Months 2-2016 2-2017 + / – 2-2016 2-2017 + / – 4 4 0.0% 50 53 + 6.0% 1 4 + 300.0% 37 44 + 18.9% 4 1 - 75.0% 41 43 + 4.9% $305,750 $460,000 + 50.4% $274,000 $260,000 - 5.1% $412,875 $460,000 + 11.4% $346,461 $326,963 - 5.6% 93.6% 92.2% - 1.5% 91.8% 93.3% + 1.6% 98 279 + 184.7% 89 96 + 7.9% 13 10 - 23.1% -- -- -- * Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size. Change in Median Sales P