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

Local Market Update – January 2019
LOCAL MARKET UPDATE
January 2019
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2019
CBHomes.com
Deerfield
+ 27.8% - 23.8% 0.0%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
January
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
1-2018 1-2019 + / – 1-2018 1-2019 46 59 + 28.3% 597 616 + 3.2%
17 14 - 17.6% 233 269 + 15.5%
14 10 - 28.6% 236 262 + 11.0%
$477,500 $467,250 - 2.1% $498,500 $500,000 + 0.3%
$607,769 $465,300 - 23.4% $564,353 $550,535 - 2.4%
93.0% 90.6% - 2.6% 93.2% 92.7% - 0.5%
158 175 + 10.8% 120 127 + 5.8%
122 122 0.0% -- -- --
January
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
1-2018 1-2019 + / – 1-2018 1-2019 + / –
8 10 + 25.0% 162 140 - 13.6%
10 6 - 40.0% 105 93 - 11.4%
7 6 - 14.3% 103 100 - 2.9%
$224,500 $240,788 + 7.3% $239,000 $256,500 + 7.3%
$204,571 $270,513 + 32.2% $261,361 $265,619 + 1.6%
93.7% 94.3% + 0.6% 95.1% 94.5% - 0.6%
68 61 - 10.3% 62 79 + 27.4%
18 18 0.0% -- -- --
* 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
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.