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Deerfield IL Real Estate Market Action Report May 2013
 
By Art Wilson, Realtor
 
Deerfield's April Property sales were 31, up 55.0% from 20 in April of 2012 and -8.8% lower than the 34 sales last month. April 2013 sales were at their highest level compared to April of 2012 and 2011. April YTD sales of 93 are running 40.9% ahead of last year's year-to-date sales of 66. 
 
The Median Sales Price in April was $250,000, down -4.2% from $261,000 in April of 2012 and down -28.1% from $347,500 last month. The Average Sales Price in April was $430,846, up 9.8% from $392,552 in April of 2012 and up 17.2% from $367,691 last month. April 2013 ASP was at highest level compared to April of 2012 and 2011.
 
The Total Inventory of Properties available for sale as of April was 93, up 3.3% from 90 last month and down -43.3% from 164 in April of last year. April 2013 Inventory was at the lowest level compared to April of 2012 and 2011.
 
The April 2013 Months Supply of Inventory of 3.0 months was at its lowest level compared with April of 2012 and 2011. A comparatively lower MSI is more beneficial for sellers ... more

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