Market Stats Booklet November 2017 Market Stats | Page 5

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
Glenview
- 18.5% - 7.1% - 14.9%
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 + / –
83 62 - 25.3% 1,184 1,128 - 4.7%
42 29 - 31.0% 568 568 0.0%
45 39 - 13.3% 545 589 + 8.1%
$575,000 $417,500 - 27.4% $532,500 $545,000 + 2.3%
$686,611 $500,011 - 27.2% $620,770 $638,464 + 2.9%
92.6% 93.0% + 0.4% 94.0% 94.3% + 0.3%
97 130 + 34.0% 96 111 + 15.6%
298 259 - 13.1% -- -- --
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 + / –
25 26 + 4.0% 460 464 + 0.9%
23 29 + 26.1% 318 312 - 1.9%
25 26 + 4.0% 306 313 + 2.3%
$160,000 $264,000 + 65.0% $260,750 $275,000 + 5.5%
$262,424 $303,302 + 15.6% $304,005 $312,658 + 2.8%
92.7% 94.8% + 2.3% 94.1% 95.5% + 1.5%
84 70 - 16.7% 69 69 0.0%
78 61 - 21.8% -- -- --
* 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
Glenview
b
Attached Single-Family
+ 40% + 100%
+ 30% + 80%
+ 20%
All MLS
Glenview
a
b
a
+ 60%
+ 10%
+ 40%
0%
+ 20%
- 10%
0%
- 20%
- 20%
- 30%
- 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.