Market Stats Booklet May 2018 Market Stat | Page 2
Local Market Update – April 2018
LOCAL MARKET UPDATE
April 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of May 14, 2018
CBHomes.com
Deerfield
+ 8.1% + 32.4% - 4.2%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
April
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
4-2017 4-2018 + / – 4-2017 4-2018 + / –
62 63 + 1.6% 560 590 + 5.4%
25 21 - 16.0% 249 243 - 2.4%
28 36 + 28.6% 251 241 - 4.0%
$550,000 $542,500 - 1.4% $505,000 $498,000 - 1.4%
$637,656 $548,586 - 14.0% $560,099 $552,561 - 1.3%
93.4% 93.4% 0.0% 93.1% 93.2% + 0.1%
200 133 - 33.5% 127 117 - 7.9%
169 162 - 4.1% -- -- --
April
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
4-2017 4-2018 + / – 4-2017 4-2018 + / –
12 17 + 41.7% 152 165 + 8.6%
14 12 - 14.3% 110 108 - 1.8%
9 13 + 44.4% 112 109 - 2.7%
$252,500 $182,500 - 27.7% $228,750 $245,000 + 7.1%
$237,500 $200,554 - 15.6% $243,871 $265,033 + 8.7%
93.5% 95.9% + 2.6% 95.4% 95.1% - 0.3%
99 29 - 70.7% 51 61 + 19.6%
20 19 - 5.0% -- -- --
* 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
+ 40%
b
Attached Single-Family
a
All MLS
Deerfield
b
a
+ 80%
+ 30%
+ 60%
+ 20%
+ 10%
+ 40%
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.