Market Stats Booklet November 2016 Market Stats Booklet | Page 12

- 26.7 %- 20.0 %
- 3.7 %
CBHomes. com
LOCAL MARKET UPDATE October 2016

Northfield

- 26.7 %- 20.0 %

Change in New Listings All Properties
Change in Closed Sales All Properties

- 3.7 %

Change in Inventory of Homes All Properties
Detached Single-Family
10-2015 10-2016 + / – 10-2015 10-2016 + / –
New Listings
10
7
- 30.0 %
138
132
- 4.3 %
Under Contract( includes Contingent and Pending)
2
6
+ 200.0 %
76
68
- 10.5 %
Closed Sales
4
4
0.0 %
86
66
- 23.3 %
Median Sales Price *
$ 862,500
$ 898,500
+ 4.2 %
$ 706,250
$ 630,000
- 10.8 %
Average Sales Price *
$ 841,250
$ 1,140,500
+ 35.6 %
$ 764,055
$ 789,361
+ 3.3 %
Percent of Original List Price Received *
88.8 %
83.6 %
- 5.9 %
91.3 %
92.5 %
+ 1.3 %
Average Market Time
103
202
+ 96.1 %
116
107
- 7.8 %
Inventory of Homes for Sale at Month End
43
41
- 4.7 %
--
--
--
Attached Single-Family
October
October
10-2015 10-2016 + / – 10-2015 10-2016 + / –
New Listings
5
4
- 20.0 %
51
53
+ 3.9 %
Under Contract( includes Contingent and Pending)
5
3
- 40.0 %
44
41
- 6.8 %
Closed Sales
6
4
- 33.3 %
47
40
- 14.9 %
Median Sales Price *
$ 168,000
$ 221,500
+ 31.8 %
$ 242,000
$ 276,000
+ 14.0 %
Average Sales Price *
$ 268,000
$ 255,000
- 4.9 %
$ 339,794
$ 339,610
- 0.1 %
Percent of Original List Price Received *
88.2 %
93.6 %
+ 6.1 %
91.7 %
94.1 %
+ 2.6 %
Average Market Time
59
69
+ 16.9 %
104
90
- 13.5 %
Inventory of Homes for Sale at Month End
11
11
0.0 %
--
--
--
* 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)**
Trailing 12 Months
Trailing 12 Months
Detached Single-Family
All MLS
Northfield
b
a
Attached Single-Family
All MLS
Northfield
b
a
+ 100 %
+ 160 %
+ 80 %
+ 140 % + 120 %
+ 60 %
+ 100 %
+ 40 %
+ 80 % + 60 %
+ 20 %
+ 40 %
0 %
+ 20 %
- 20 %
0 %- 20 %
- 40 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
- 40 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
** 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. Powered by ShowingTime 10K.