Market Stats Booklet March 2018 Market Stats | Page 2

Local Market Update – February 2018
LOCAL MARKET UPDATE
February 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2018
CBHomes.com
Deerfield
- 15.4% - 20.0% - 3.2%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
February
Detached 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
2-2017 2-2018 + / – 2-2017 2-2018 + / –
67 52 - 22.4% 556 580 + 4.3%
20 27 + 35.0% 243 239 - 1.6%
15 7 - 53.3% 242 228 - 5.8%
$520,000 $425,000 - 18.3% $500,000 $496,500 - 0.7%
$632,500 $643,929 + 1.8% $551,081 $562,346 + 2.0%
94.4% 92.3% - 2.2% 92.9% 93.1% + 0.2%
155 252 + 62.6% 120 122 + 1.7%
133 128 - 3.8% -- -- --
February
Attached 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
2-2017 2-2018 + / – 2-2017 2-2018 + / –
11 14 + 27.3% 159 165 + 3.8%
3 7 + 133.3% 107 109 + 1.9%
5 9 + 80.0% 118 107 - 9.3%
$225,000 $262,500 + 16.7% $233,000 $245,000 + 5.2%
$230,420 $294,772 + 27.9% $249,189 $265,617 + 6.6%
97.6% 95.4% - 2.3% 95.6% 95.0% - 0.6%
44 85 + 93.2% 49 64 + 30.6%
23 23 0.0% -- -- --
* 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
Deerfield
b
Attached Single-Family
a
All MLS
Deerfield
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
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.