Market Stats Booklet North Shore Market Stats February 2019 | Page 2

Local Market Update – February 2019
LOCAL MARKET UPDATE
February 2019
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2019
CBHomes.com
Deerfield
+ 18.2% - 37.5% + 7.7%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
February
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
2-2018 2-2019 + / – 2-2018 2-2019 + / –
52 64 + 23.1% 582 628 + 7.9%
26 26 0.0% 239 268 + 12.1%
7 6 - 14.3% 228 261 + 14.5%
$425,000 $538,750 + 26.8% $496,500 $508,000 + 2.3%
$643,929 $528,333 - 18.0% $562,312 $547,520 - 2.6%
92.3% 92.9% + 0.7% 93.1% 92.7% - 0.4%
252 108 - 57.1% 122 123 + 0.8%
131 142 + 8.4% -- -- --
February
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
2-2018 2-2019 + / – 2-2018 2-2019 + / –
14 14 0.0% 165 140 - 15.2%
6 5 - 16.7% 108 93 - 13.9%
9 4 - 55.6% 107 95 - 11.2%
$262,500 $234,550 - 10.6% $245,000 $249,100 + 1.7%
$294,772 $208,650 - 29.2% $265,617 $260,458 - 1.9%
95.4% 98.3% + 3.0% 95.0% 94.6% - 0.4%
85 94 + 10.6% 64 79 + 23.4%
24 25 + 4.2% -- -- --
* 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
b
Attached Single-Family
a
+ 40%
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 1-2019
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019
** 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.