Market Stats Booklet September 2017 Market Stats | Page 8

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
Lake Bluff
0.0% - 13.0% - 20.6%
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 + / –
15 14 - 6.7% 244 244 0.0%
12 8 - 33.3% 139 136 - 2.2%
17 17 0.0% 143 138 - 3.5%
$490,000 $469,000 - 4.3% $546,000 $518,000 - 5.1%
$907,459 $526,529 - 42.0% $689,857 $632,601 - 8.3%
91.3% 95.3% + 4.4% 91.6% 91.8% + 0.2%
74 69 - 6.8% 114 123 + 7.9%
81 61 - 24.7% -- -- --
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 + / –
6 7 + 16.7% 72 63 - 12.5%
6 6 0.0% 45 42 - 6.7%
6 3 - 50.0% 41 46 + 12.2%
$232,750 $240,000 + 3.1% $185,000 $209,250 + 13.1%
$266,667 $218,300 - 18.1% $218,882 $212,797 - 2.8%
94.5% 94.4% - 0.1% 92.3% 92.4% + 0.1%
38 14 - 63.2% 79 71 - 10.1%
16 16 0.0% -- -- --
* 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.