Market Stats Booklet October 2017 Market Stats | Page 11

Local Market Update – September 2017
LOCAL MARKET UPDATE
September 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2017
CBHomes.com
Northfield
- 10.5% + 266.7% - 15.0%
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
9-2016 9-2017 + / – 9-2016 9-2017 + / –
16 8 - 50.0% 131 130 - 0.8%
2 5 + 150.0% 64 71 + 10.9%
2 3 + 50.0% 66 63 - 4.5%
$570,000 $720,000 + 26.3% $639,500 $620,000 - 3.0%
$570,000 $681,667 + 19.6% $771,300 $786,457 + 2.0%
95.0% 89.4% - 5.9% 92.8% 91.7% - 1.2%
56 224 + 300.0% 101 150 + 48.5%
47 42 - 10.6% -- -- --
September
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
9-2016 9-2017 + / – 9-2016 9-2017 + / –
3 9 + 200.0% 54 55 + 1.9%
2 6 + 200.0% 42 49 + 16.7%
1 8 + 700.0% 42 44 + 4.8%
$181,000 $329,000 + 81.8% $272,000 $231,500 - 14.9%
$181,000 $375,688 + 107.6% $337,438 $316,032 - 6.3%
96.3% 93.0% - 3.4% 93.3% 93.0% - 0.3%
15 46 + 206.7% 87 94 + 8.0%
13 9 - 30.8% -- -- --
* 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
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.