Market Stats Booklet May2017 Market Stats | Page 6

+ 32.4 % - 5.8 %
+ 9.9 %
CBHomes . com

Highland Park

+ 32.4 % - 5.8 %

Change in New Listings All Properties
LOCAL MARKET UPDATE April 2017
Change in Closed Sales All Properties

+ 9.9 %

Change in Inventory of Homes All Properties
Detached Single-Family
4-2016 4-2017 + / – 4-2016 4-2017 + / –
New Listings
90
108
+ 20.0 %
839
922
+ 9.9 %
Under Contract ( includes Contingent and Pending )
35
38
+ 8.6 %
418
418
0.0 %
Closed Sales
44
43
- 2.3 %
419
407
- 2.9 %
Median Sales Price *
$ 639,000
$ 522,000
- 18.3 %
$ 549,000
$ 532,500
- 3.0 %
Average Sales Price *
$ 707,127
$ 687,221
- 2.8 %
$ 621,993
$ 621,739
- 0.0 %
Percent of Original List Price Received *
92.2 %
91.7 %
- 0.5 %
91.4 %
90.7 %
- 0.8 %
Average Market Time
128
162
+ 26.6 %
121
135
+ 11.6 %
Inventory of Homes for Sale at Month End
288
296
+ 2.8 %
--
--
--
Attached Single-Family
4-2016 4-2017 + / – 4-2016 4-2017 + / –
New Listings
12
27
+ 125.0 %
151
229
+ 51.7 %
Under Contract ( includes Contingent and Pending )
11
10
- 9.1 %
106
103
- 2.8 %
Closed Sales
8
6
- 25.0 %
116
97
- 16.4 %
Median Sales Price *
$ 331,500
$ 276,500
- 16.6 %
$ 274,750
$ 275,000
+ 0.1 %
Average Sales Price *
$ 368,875
$ 305,833
- 17.1 %
$ 349,905
$ 327,167
- 6.5 %
Percent of Original List Price Received *
92.0 %
90.7 %
- 1.4 %
91.2 %
91.8 %
+ 0.7 %
Average Market Time
105
136
+ 29.5 %
92
108
+ 17.4 %
Inventory of Homes for Sale at Month End
46
71
+ 54.3 %
--
--
--
April
April
* 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 Detached Single-Family
+ 30 %
All MLS
Highland Park
b
a
Attached Single-Family 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
- 60 %
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 .