Market Stats Booklet Northshore Market Stats September 2018 Online V | Page 2

Local Market Update – September 2018
LOCAL MARKET UPDATE
September 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2018
CBHomes.com
Deerfield
+ 46.5% - 22.2% - 1.0%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
September
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
9-2017 9-2018 + / – 31 52 + 67.7% 591 614 + 3.9%
15 9 - 40.0% 224 265 + 18.3%
Attached Single-Family
9-2018
+ / –
17 13 - 23.5% 225 262 + 16.4%
$400,000 $467,500 + 16.9% $510,000 $490,000 - 3.9%
$477,723 $518,877 + 8.6% $585,683 $552,451 - 5.7%
93.2% 91.3% - 2.0% 93.5% 92.9% - 0.6%
163 83 - 49.1% 123 130 + 5.7%
157 169 + 7.6% -- -- --
September
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
9-2017
Trailing 12 Months
9-2017 9-2018 + / – 9-2017 9-2018 + / –
12 11 - 8.3% 161 146 - 9.3%
8 7 - 12.5% 99 107 + 8.1%
10 8 - 20.0% 93 111 + 19.4%
$255,500 $302,000 + 18.2% $236,500 $258,000 + 9.1%
$254,246 $276,500 + 8.8% $260,770 $271,658 + 4.2%
95.3% 95.2% - 0.1% 95.6% 94.2% - 1.5%
56 62 + 10.7% 57 81 + 42.1%
37 23 - 37.8% -- -- --
* 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