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