Market Stats Booklet Northshore Market Stats October 2018 | Seite 11

Local Market Update – October 2018
LOCAL MARKET UPDATE
October 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2018
CBHomes.com
Northfield
- 5.9% - 25.0% + 15.7%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
October
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
10-2017 10-2018 + / – 10-2017 10-2018 + / –
10 9 - 10.0% 134 161 + 20.1%
5 5 0.0% 70 65 - 7.1%
5 6 + 20.0% 64 67 + 4.7%
$765,000 $442,500 - 42.2% $625,000 $600,000 - 4.0%
$865,800 $871,667 + 0.7% $770,528 $740,627 - 3.9%
86.4% 93.1% + 7.8% 91.8% 91.6% - 0.2%
179 146 - 18.4% 149 134 - 10.1%
39 49 + 25.6% -- -- --
October
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
10-2017 10-2018 + / – 10-2017 10-2018 + / –
7 7 0.0% 58 53 - 8.6%
4 4 0.0% 49 36 - 26.5%
7 3 - 57.1% 47 36 - 23.4%
$235,000 $535,000 + 127.7% $235,000 $357,500 + 52.1%
$295,714 $483,000 + 63.3% $318,200 $383,831 + 20.6%
95.0% 98.6% + 3.8% 93.2% 94.1% + 1.0%
42 9 - 78.6% 88 69 - 21.6%
12 10 - 16.7% -- -- --
* 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.