Market Stats Booklet March 2017 Market Stats | Page 2

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
Deerfield
Deerfield
+ 5.4% + 137.5% - 2.6%
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 + / –
62 67 + 8.1% 507 556 + 9.7%
20 21 + 5.0% 209 246 + 17.7%
5 14 + 180.0% 212 241 + 13.7%
$540,000 $540,000 0.0% $484,250 $500,000 + 3.3%
$565,800 $647,964 + 14.5% $540,337 $551,641 + 2.1%
92.4% 94.4% + 2.2% 93.6% 92.9% - 0.7%
108 161 + 49.1% 115 120 + 4.3%
132 130 - 1.5% -- -- --
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 + / –
12 11 - 8.3% 149 160 + 7.4%
16 3 - 81.3% 101 108 + 6.9%
+ 28.3%
3 5 + 66.7% 92 118 $236,000 $225,000 - 4.7% $235,500 $233,000 - 1.1%
$225,000 $230,420 + 2.4% $238,365 $249,189 + 4.5%
96.2% 97.6% + 1.5% 93.5% 95.6% + 2.2%
23 44 + 91.3% 49 49 0.0%
24 22 - 8.3% -- -- --
* 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
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.