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

Local Market Update – March 2019
LOCAL MARKET UPDATE
March 2019
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of April 13, 2019
CBHomes.com
Deerfield
- 4.4% + 8.0% + 1.2%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
March
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
3-2018 3-2019 + / – 3-2018 3-2019 + / –
79 64 - 19.0% 590 613 + 3.9%
46 34 - 26.1% 248 258 + 4.0%
19 20 + 5.3% 233 262 + 12.4%
$470,000 $496,500 + 5.6% $498,000 $507,750 + 2.0%
$521,737 $600,838 + 15.2% $563,369 $553,460 - 1.8%
94.1% 97.8% + 3.9% 93.2% 93.0% - 0.2%
132 175 + 32.6% 125 126 + 0.8%
144 140 - 2.8% -- -- --
March
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
3-2018 3-2019 + / – 3-2018 3-2019 + / –
12 23 + 91.7% 160 151 - 5.6%
13 16 + 23.1% 110 97 - 11.8%
6 7 + 16.7% 105 96 - 8.6%
$296,500 $170,000 - 42.7% $250,000 $242,038 - 3.2%
$331,333 $219,857 - 33.6% $270,656 $253,068 - 6.5%
92.8% 94.2% + 1.5% 94.8% 94.7% - 0.1%
130 56 - 56.9% 69 74 + 7.2%
18 24 + 33.3% -- -- --
* 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.