Market Stats Booklet Northshore Market Stats Book JULY 2018 | Page 11

Local Market Update – July 2018
LOCAL MARKET UPDATE
July 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of August 14, 2018
CBHomes.com
Northfield
- 4.8% 0.0% + 11.5%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
July
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
7-2017 7-2018 + / – 7-2017 7-2018 + / –
16 16 0.0% 141 145 + 2.8%
9 7 - 22.2% 66 64 - 3.0%
7 3 - 57.1% 55 74 + 34.5%
$424,900 $625,000 + 47.1% $619,000 $620,000 + 0.2%
$491,629 $900,000 + 83.1% $710,351 $786,662 + 10.7%
95.3% 96.9% + 1.7% 92.1% 91.1% - 1.1%
108 70 - 35.2% 140 143 + 2.1%
53 59 + 11.3% -- -- --
7-2017 7-2018 + / – 7-2017 7-2018 + / –
5 4 - 20.0% 46 53 + 15.2%
8 0 - 100.0% 42 37 - 11.9%
2 6 + 200.0% 42 45 + 7.1%
$193,250 $423,000 + 118.9% $231,500 $317,500 + 37.1%
$193,250 $395,583 + 104.7% $286,281 $356,420 + 24.5%
103.0% 94.9% - 7.9% 92.8% 93.8% + 1.1%
132 46 - 65.2% 96 62 - 35.4%
8 9 + 12.5% -- -- --
July
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
* 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 © 2018 ShowingTime.