Market Stats Booklet September 2017 Market Stats | Page 4

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
Glencoe
+ 31.8% - 6.7% + 5.9%
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 + / –
21 28 + 33.3% 310 313 + 1.0%
16 4 - 75.0% 142 137 - 3.5%
13 12 - 7.7% 133 148 + 11.3%
$1,154,000 $985,000 - 14.6% $966,000 $850,000 - 12.0%
$1,371,154 $1,388,796 + 1.3% $1,168,269 $1,103,510 - 5.5%
91.2% 90.6% - 0.7% 91.9% 90.1% - 2.0%
181 103 - 43.1% 146