Market Stats Booklet North Shore Market Stats November | Page 2

Local Market Update – November 2018
LOCAL MARKET UPDATE
November 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2018
CBHomes.com
Deerfield
- 15.2% + 21.7% - 8.6%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
November
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
11-2017 11-2018
24 17
Trailing 12 Months
+ / – 11-2017 11-2018 23 - 4.2% 601 597 - 0.7%
10 - 41.2% 237 264 + 11.4%
17 22 + 29.4% 231 268 + 16.0%
$415,000 $482,500 + 16.3% $498,000 $510,000 + 2.4%
$425,810 $533,516 + 25.3% $565,672 $564,502 - 0.2%
92.0% 92.3% + 0.3% 93.2% 93.0% - 0.2%
117 89 - 23.9% 123 127 + 3.3%
130 125 - 3.8% -- -- --
November
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
11-2017 11-2018 + / – 11-2017 11-2018 + / –
9 5 - 44.4% 157 139 - 11.5%
7 3 - 57.1% 97 103 + 6.2%
6 6 0.0% 96 108 + 12.5%
$249,500 $181,000 - 27.5% $235,750 $252,000 + 6.9%
$323,102 $188,583 - 41.6% $262,615 $262,744 + 0.0%
91.7% 94.3% + 2.8% 95.3% 94.5% - 0.8%
86 44 - 48.8% 63 77 + 22.2%
32 23 - 28.1% -- -- --
* 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
+ 40%
b
Attached Single-Family
a
All MLS
Deerfield
+ 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
- 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.
b
a