Market Stats Booklet April 2018 Market Stats | Page 6

+ 2.6 % - 37.5 %
+ 1.8 %
CBHomes . com

Highland Park

+ 2.6 % - 37.5 %
Change in New Listings All Properties
LOCAL MARKET UPDATE March 2018
Change in Closed Sales All Properties
+ 1.8 %
Change in Inventory of Homes All Properties
Detached Single-Family
3-2017 3-2018 + / – 3-2017 3-2018 + / –
New Listings
96
98
+ 2.1 %
905
908
+ 0.3 %
Under Contract ( includes Contingent and Pending )
61
56
- 8.2 %
412
417
+ 1.2 %
Closed Sales
39
23
- 41.0 %
407
425
+ 4.4 %
Median Sales Price *
$ 392,500
$ 560,000
+ 42.7 %
$ 537,000
$ 525,000
- 2.2 %
Average Sales Price *
$ 460,155
$ 627,065
+ 36.3 %
$ 624,106
$ 616,193
- 1.3 %
Percent of Original List Price Received *
88.8 %
92.5 %
+ 4.2 %
90.8 %
91.6 %
+ 0.9 %
Average Market Time
169
187
+ 10.7 %
131
137
+ 4.6 %
Inventory of Homes for Sale at Month End
270
276
+ 2.2 %
--
--
--
Attached Single-Family
March
March
3-2017 3-2018 + / – 3-2017 3-2018 + / –
New Listings
18
19
+ 5.6 %
214
209
- 2.3 %
Under Contract ( includes Contingent and Pending )
8
4
- 50.0 %
104
110
+ 5.8 %
Closed Sales
9
7
- 22.2 %
99
114
+ 15.2 %
Median Sales Price *
$ 200,000
$ 250,000
+ 25.0 %
$ 275,000
$ 332,500
+ 20.9 %
Average Sales Price *
$ 336,700
$ 346,929
+ 3.0 %
$ 331,830
$ 390,857
+ 17.8 %
Percent of Original List Price Received *
84.6 %
95.2 %
+ 12.5 %
91.9 %
92.5 %
+ 0.7 %
Average Market Time
152
106
- 30.3 %
106
128
+ 20.8 %
Inventory of Homes for Sale at Month End
63
63
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 )**
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
1-2018
- 60 %
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
** 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 © 2018 ShowingTime .