Market Stats Booklet November 2017 Market Stats | Page 2

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
Deerfield
+ 44.7% + 13.0% + 22.8%
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 + / –
37 53 + 43.2% 522 607 + 16.3%
16 26 + 62.5% 231 234 + 1.3%
14 15 + 7.1% 223 226 + 1.3%
$535,000 $370,000 - 30.8% $470,500 $504,375 + 7.2%
$575,786 $436,513 - 24.2% $525,219 $576,418 + 9.7%
91.8% 87.3% - 4.9% 92.9% 93.2% + 0.3%
133 146 + 9.8% 118 124 + 5.1%
126 147 + 16.7% -- -- --
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 + / –
10 15 + 50.0% 160 166 + 3.8%
8 8 0.0% 120 99 - 17.5%
9 11 + 22.2% 121 95 - 21.5%
$233,000 $228,000 - 2.1% $232,500 $235,000 + 1.1%
$304,016 $253,818 - 16.5% $249,113 $255,868 + 2.7%
95.1% 94.3% - 0.8% 95.4% 95.6% + 0.2%
31 56 + 80.6% 52 59 + 13.5%
23 36 + 56.5% -- -- --
* 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
b
Attached Single-Family
All MLS
Deerfield
a
b
a
+ 80%
+ 40%
+ 30%
+ 60%
+ 20%
+ 40%
+ 10%
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
- 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.