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Deerfield IL Real Estate market Action Report June 1013
 
By Art Wilson, Realtor
 
Deerfield's May Property sales were 52, up 57.6% from 33 in May of 2012 and 67.7% higher than the 31 sales last month. May 2013 sales were at their highest level compared to May of 2012 and 2011. May YTD sales of 145 are running 46.5% ahead of last year's year-to-date sales of 99. 
 
The Median Sales Price in May was $375,000, up 55.6% from $241,000 in May of 2012 and up 50.0% from $250,000 last month. The Average Sales Price in May was $441,067, up 47.6% from $298,734 in May of 2012 and up 2.4% from $430,846 last month. May 2013 ASP was at highest level compared to May of 2012 and 2011.
 
The Total Inventory of Properties available for sale as of May was 94, down -7.8% from 102 last month and down -39.7% from 156 in May of last year. May 2013 Inventory was at the lowest level compared to May of 2012 and 2011.
 
The May 2013 Months Supply of Inventory of 1.8 months was at its lowest level compared with May of 2012 and 2011.  A comparatively lower MSI is more beneficial for sellers ... more

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