Market Stats Booklet March 2017 Market Stats | Page 5
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
Glenview
Glenview
+ 8.0% - 16.3% + 16.9%
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 + / –
95 111 + 16.8% 1,106 1,223 + 10.6%
36 46 + 27.8% 515 584 + 13.4%
31 29 - 6.5% 510 564 + 10.6%
$442,500 $495,000 + 11.9% $540,000 $547,000 + 1.3%
$491,675 $506,282 + 3.0% $644,305 $633,733 - 1.6%
93.7% 92.5% - 1.3% 94.2% 93.9% - 0.3%
117 116 - 0.9% 90 99 + 10.0%
217 268 + 23.5% -- -- --
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 + / –
43 38 - 11.6% 513 462 - 9.9%
24 22 - 8.3% 327 296 - 9.5%
18 12 - 33.3% 327 288 - 11.9%
$171,500 $287,875 + 67.9% $274,500 $256,500 - 6.6%
$274,208 $298,563 + 8.9% $310,151 $306,107 - 1.3%
93.8% 93.4% - 0.4% 94.7% 94.4% - 0.3%
85 61 - 28.2% 62 63 + 1.6%
79 78 - 1.3% -- -- --
* 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
Glenview
b
Attached Single-Family
Attached Single-Family
All MLS
Glenview
a
+ 40% + 100%
+ 30% + 80%
+ 20%
b
a
+ 60%
+ 10%
+ 40%
0%
+ 20%
- 10%
0%
- 20%
- 20%
- 30%
- 40%
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.