Market Stats Booklet September 2017 Market Stats | Page 6

- 4.5 % + 20.8 %
0.0 %
CBHomes . com

Highland Park

- 4.5 % + 20.8 %

Change in New Listings All Properties
LOCAL MARKET UPDATE August 2017
Change in Closed Sales All Properties

0.0 %

Change in Inventory of Homes All Properties
Detached Single-Family
August
8-2016 8-2017 + / – 8-2016 8-2017 + / –
New Listings
67
69
+ 3.0 %
828
929
+ 12.2 %
Under Contract ( includes Contingent and Pending )
30
34
+ 13.3 %
406
435
+ 7.1 %
Closed Sales
34
49
+ 44.1 %
413
437
+ 5.8 %
Median Sales Price *
$ 519,500
$ 537,450
+ 3.5 %
$ 537,000
$ 525,000
- 2.2 %
Average Sales Price *
$ 642,327
$ 586,902
- 8.6 %
$ 627,009
$ 619,220
- 1.2 %
Percent of Original List Price Received *
92.6 %
90.0 %
- 2.8 %
91.4 %
90.5 %
- 1.0 %
Average Market Time
116
119
+ 2.6 %
129
132
+ 2.3 %
Inventory of Homes for Sale at Month End
304
303
- 0.3 %
--
--
--
Attached Single-Family
August
8-2016 8-2017 + / – 8-2016 8-2017 + / –
New Listings
21
15
- 28.6 %
179
220
+ 22.9 %
Under Contract ( includes Contingent and Pending )
11
4
- 63.6 %
96
113
+ 17.7 %
Closed Sales
14
9
- 35.7 %
99
113
+ 14.1 %
Median Sales Price *
$ 331,000
$ 375,000
+ 13.3 %
$ 314,900
$ 287,000
- 8.9 %
Average Sales Price *
$ 364,357
$ 391,558
+ 7.5 %
$ 359,848
$ 347,421
- 3.5 %
Percent of Original List Price Received *
94.3 %
91.2 %
- 3.3 %
92.0 %
92.1 %
+ 0.1 %
Average Market Time
68
117
+ 72.1 %
95
129
+ 35.8 %
Inventory of Homes for Sale at Month End
64
65
+ 1.6 %
--
--
--
* 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 )**
Trailing 12 Months
Trailing 12 Months
Detached Single-Family
+ 30 %
All MLS
Highland Park
b
a
Attached Single-Family
+ 80 %
All MLS
Highland Park
b
a
+ 20 %
+ 60 %
+ 10 %
+ 40 %
0 %
+ 20 %
- 10 %
0 %
- 20 %
- 20 %
- 30 %
- 40 %
- 40 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
- 60 %
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 .