Market Stats Booklet North Shore Market Stats December | Page 11

Local Market Update – December 2018
LOCAL MARKET UPDATE
December 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2019
CBHomes.com
Northfield
- 50.0% 0.0% + 28.6%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
December
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
12-2017 12-2018 + / – 12-2017 12-2018 + / –
3 2 - 33.3% 134 164 + 22.4%
3 5 + 66.7% 70 62 - 11.4%
4 3 - 25.0% 72 61 - 15.3%
$428,500 $840,000 + 96.0% $628,750 $610,000 - 3.0%
$559,750 $801,667 + 43.2% $761,849 $745,238 - 2.2%
95.6% 82.9% - 13.3% 92.2% 91.6% - 0.7%
157 135 - 14.0% 149 132 - 11.4%
28 36 + 28.6% -- -- --
December
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
12-2017 12-2018 + / – 12-2017 12-2018 + / –
1 0 - 100.0% 55 55 0.0%
4 0 - 100.0% 49 33 - 32.7%
3 4 + 33.3% 46 37 - 19.6%
$625,500 $211,250 - 66.2% $250,000 $325,000 + 30.0%
$573,833 $318,750 - 44.5% $322,476 $372,416 + 15.5%
95.4% 95.1% - 0.3% 94.1% 93.8% - 0.3%
66 24 - 63.6% 78 65 - 16.7%
7 9 + 28.6% -- -- --
* 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
Northfield
+ 100%
b
Attached Single-Family
a
All MLS
Northfield
b
a
+ 160%
+ 140%
+ 80%
+ 120%
+ 60%
+ 40%
+ 100%
+ 80%
+ 60%
+ 20%
0%
+ 40%
+ 20%
0%
- 20%
- 20%
- 40%
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 © 2019 ShowingTime.