Market Stats Booklet September 2017 Market Stats | Page 5

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
Glenview
- 24.4% - 15.4% - 21.7%
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 + / –
94 68 - 27.7% 1,157 1,166 + 0.8%
36 48 + 33.3% 543 600 + 10.5%
75 52 - 30.7% 539 593 + 10.0%
$600,000 $560,500 - 6.6% $532,500 $560,000 + 5.2%
$636,183 $599,261 - 5.8% $611,516 $651,962 + 6.6%
93.8% 93.5% - 0.3% 94.0% 94.1% + 0.1%
69 99 + 43.5% 94 108 + 14.9%
333 273 - 18.0% -- -- --
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 + / –
41 34 - 17.1% 477 457 - 4.2%
25 29 + 16.0% 316 311 - 1.6%
29 36 + 24.1% 312 314 + 0.6%
$250,000 $284,250 + 13.7% $263,500 $255,875 - 2.9%
$295,060 $313,788 + 6.3% $305,963 $305,918 - 0.0%
94.4% 96.1% + 1.8% 94.3% 95.0% + 0.7%
64 72 + 12.5% 67 71 + 6.0%
91 59 - 35.2% -- -- --
* 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.