Market Stats Booklet September 2017 Market Stats | Page 2
Local Market Update – August 2017
LOCAL MARKET UPDATE
August 2017
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of September 14, 2017
CBHomes.com
Deerfield
+ 40.5% - 38.8% + 16.6%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
August
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
8-2016 8-2017 + / – 8-2016 8-2017 + / –
28 36 + 28.6% 540 593 + 9.8%
18 14 - 22.2% 229 223 - 2.6%
28 21 - 25.0% 223 230 + 3.1%
$515,000 $502,500 - 2.4% $461,750 $510,350 + 10.5%
$576,309 $597,333 + 3.6% $527,437 $583,869 + 10.7%
93.7% 93.5% - 0.2% 93.6% 93.2% - 0.4%
134 73 - 45.5% 115 116 + 0.9%
145 167 + 15.2% -- -- --
August
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
8-2016 8-2017 + / – 8-2016 8-2017 + / –
14 23 + 64.3% 170 158 - 7.1%
6 11 + 83.3% 112 102 - 8.9%
- 19.7%
21 9 - 57.1% 117 94 $161,500 $245,000 + 51.7% $226,250 $234,000 + 3.4%
$214,232 $266,222 + 24.3% $237,879 $261,552 + 10.0%
94.8% 94.3% - 0.5% 94.8% 95.8% + 1.1%
61 45 - 26.2% 51 57 + 11.8%
30 37 + 23.3% -- -- --
* 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.