Market Stats Booklet November 2017 Market Stats | Seite 11

Local Market Update – October 2017
LOCAL MARKET UPDATE
October 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2017
CBHomes.com
Northfield
+ 54.5% + 50.0% - 9.3%
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
10-2016 10-2017 + / – 10-2016 10-2017 + / –
7 10 + 42.9% 130 134 + 3.1%
5 5 0.0% 67 70 + 4.5%
4 5 + 25.0% 66 64 - 3.0%
$898,500 $765,000 - 14.9% $630,000 $625,000 - 0.8%
$1,140,500 $865,800 - 24.1% $789,436 $770,528 - 2.4%
83.6% 86.4% + 3.3% 92.5% 91.8% - 0.8%
202 179 - 11.4% 107 149 + 39.3%
41 38 - 7.3% -- -- --
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
10-2016 10-2017 + / – 10-2016 10-2017 + / –
4 7 + 75.0% 53 58 + 9.4%
2 4 + 100.0% 39 50 + 28.2%
4 7 + 75.0% 40 47 + 17.5%
$221,500 $235,000 + 6.1% $276,000 $235,000 - 14.9%
$255,000 $295,714 + 16.0% $339,610 $318,200 - 6.3%
93.6% 95.0% + 1.5% 94.1% 93.2% - 1.0%
69 42 - 39.1% 90 88 - 2.2%
13 11 - 15.4% -- -- --
* 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
b
Attached Single-Family
All MLS
Northfield
a
b
a
+ 160%
+ 100%
+ 140%
+ 80%
+ 120%
+ 60%
+ 100%
+ 80%
+ 40%
+ 60%
+ 20%
+ 40%
+ 20%
0%
0%
- 20%
- 20%
- 40%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 40%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
** 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 © 2017 ShowingTime.