Market Stats Booklet May2017 Market Stats | Page 8

Local Market Update – April 2017
LOCAL MARKET UPDATE
April 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of May 14, 2017
CBHomes.com
Bluff
Lake Lake Bluff
+ 8.6% - 44.4% - 13.5%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
April
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
4-2016 4-2017 + / – 4-2016 4-2017 + / –
28 30 + 7.1% 253 252 - 0.4%
18 26 + 44.4% 145 141 - 2.8%
17 9 - 47.1% 138 128 - 7.2%
$555,000 $460,000 - 17.1% $515,000 $515,500 + 0.1%
$686,118 $507,278 - 26.1% $622,472 $685,339 + 10.1%
93.6% 92.4% - 1.3% 92.0% 91.4% - 0.7%
144 149 + 3.5% 111 118 + 6.3%
79 70 - 11.4% -- -- --
April
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
4-2016 4-2017 + / – 4-2016 4-2017 + / –
7 8 + 14.3% 62 68 + 9.7%
3 5 + 66.7% 38 48 + 26.3%
+ 2.3%
1 1 0.0% 43 44 $159,900 $218,000 + 36.3% $185,000 $198,500 + 7.3%
$159,900 $218,000 + 36.3% $201,413 $228,095 + 13.2%
80.0% 96.9% + 21.1% 93.4% 91.9% - 1.6%
73 31 - 57.5% 52 98 + 88.5%
17 13 - 23.5% -- -- --
* 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)**
Detached Single-Family
Detached Single-Family
All MLS
Lake Bluff
b
Attached Single-Family
Attached Single-Family
All MLS
Lake Bluff
a
b
a
+ 200%
+ 80%
+ 60%
+ 150%
+ 40%
+ 100%
+ 20%
+ 50%
0%
0%
- 20%
- 50%
- 40%
- 60%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 100%
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.