Market Stats Booklet October 2017 Market Stats | Page 8

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
Lake Bluff
- 5.7% - 42.9% - 14.4%
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 + / –
26 23 - 11.5% 249 241 - 3.2%
7 8 + 14.3% 136 136 0.0%
6 7 + 16.7% 140 139 - 0.7%
$440,000 $620,000 + 40.9% $547,500 $525,000 - 4.1%
$560,450 $621,286 + 10.9% $695,844 $635,146 - 8.7%
94.4% 91.6% - 3.0% 91.8% 91.6% - 0.2%
27 117 + 333.3% 112 127 + 13.4%
87 69 - 20.7% -- -- --
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 + / –
9 10 + 11.1% 76 65 - 14.5%
5 6 + 20.0% 47 42 - 10.6%
8 1 - 87.5% 45 39 - 13.3%
$128,600 $530,000 + 312.1% $176,000 $217,000 + 23.3%
$153,400 $530,000 + 245.5% $212,274 $233,115 + 9.8%
92.5% 92.2% - 0.3% 92.7% 92.3% - 0.4%
57 251 + 340.4% 79 78 - 1.3%
17 20 + 17.6% -- -- --
* 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
Lake Bluff
b
Attached Single-Family
All MLS
Lake Bluff
a
b
a
+ 200%
+ 80%
+ 60%
+ 150%
+ 40%
+ 100%
+ 20%
+ 50%
0%
0%
- 20%
- 50%
- 40%
- 60%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 100%
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.