Market Stats Booklet March 2018 Market Stats | Page 6

- 14.5 % + 63.6 %
- 3.4 %
CBHomes . com

Highland Park

- 14.5 % + 63.6 %

Change in New Listings All Properties
LOCAL MARKET UPDATE February 2018
Change in Closed Sales All Properties

- 3.4 %

Change in Inventory of Homes All Properties
Detached Single-Family
February
2-2017 2-2018 + / – 2-2017 2-2018 + / –
New Listings
114
85
- 25.4 %
898
906
+ 0.9 %
Under Contract ( includes Contingent and Pending )
42
34
- 19.0 %
405
423
+ 4.4 %
Closed Sales
19
26
+ 36.8 %
396
441
+ 11.4 %
Median Sales Price *
$ 394,900
$ 515,000
+ 30.4 %
$ 545,000
$ 515,000
- 5.5 %
Average Sales Price *
$ 507,060
$ 591,438
+ 16.6 %
$ 634,825
$ 601,827
- 5.2 %
Percent of Original List Price Received *
87.0 %
91.4 %
+ 5.1 %
91.0 %
91.3 %
+ 0.3 %
Average Market Time
146
146
0.0 %
127
137
+ 7.9 %
Inventory of Homes for Sale at Month End
266
262
- 1.5 %
--
--
--
Attached Single-Family
February
2-2017 2-2018 + / – 2-2017 2-2018 + / –
New Listings
17
27
+ 58.8 %
214
208
- 2.8 %
Under Contract ( includes Contingent and Pending )
9
9
0.0 %
101
114
+ 12.9 %
Closed Sales
3
10
+ 233.3 %
94
116
+ 23.4 %
Median Sales Price *
$ 335,000
$ 320,000
- 4.5 %
$ 276,750
$ 325,000
+ 17.4 %
Average Sales Price *
$ 325,000
$ 357,700
+ 10.1 %
$ 331,205
$ 389,306
+ 17.5 %
Percent of Original List Price Received *
96.3 %
92.3 %
- 4.2 %
92.6 %
91.8 %
- 0.9 %
Average Market Time
63
93
+ 47.6 %
102
131
+ 28.4 %
Inventory of Homes for Sale at Month End
61
54
- 11.5 %
--
--
--
* 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 )**
Trailing 12 Months
Trailing 12 Months
Detached Single-Family
+ 30 %
All MLS
Highland Park
b
a
Attached Single-Family
+ 80 %
All MLS
Highland Park
b
a
+ 20 %
+ 60 %
+ 10 %
+ 40 %
0 %
+ 20 %
- 10 %
0 %
- 20 %
- 20 %
- 30 %
- 40 %
- 40 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
- 60 %
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 .