| Month | Year to Date | |||||
|---|---|---|---|---|---|---|
| 2016 | 2015 | % Change | 2016 | 2015 | % Change | |
| Closed Sales (Reported) | 49 | 46 | -6.1 | 82 | 92 | 12.2 |
| Closed Sales (Projected) | 49 | 52 | 5.5 | 82 | 98 | 19.1 |
| Listings Under Contract | 75 | 80 | 6.7 | 139 | 134 | -3.6 |
| Average Sales Price | $1,131,741 | $1,016,649 | -10.2 | $1,001,772 | $972,122 | -3.0 |
| Median Sales Price | $970,000 | $876,000 | -9.7 | $825,000 | $860,000 | 4.2 |
| Percent of Original Price Received | 95.3 | 94.9 | -0.4 | 95.3 | 94.3 | -1.1 |
| Days on Market Until Sale | 60 | 68 | 13.8 | 63 | 70 | 10.7 |
| Inventory of Homes for Sale | 277 | 342 | 23.5 | |||
| Months Supply of Inventory | 3.8 | 4.5 | 19.5 | |||
The number of homes sold this month fell 6.1% from the same period last year, with 46 homes sold this month. Year to date the number of reported homes sold in Highland Park grew 12.2% from the same month 2015, with 92 reported homes sold this year. This month there were 52 projected units sold in Highland Park, which was a rise of 5.5%. Year to date there were 98 projected homes sold, and this was an increase of 19.1%. This month there were 176 new properties in the market, and this was an uptick of 28.5%. In Highland Park there was a growth of 9.5% in the number of new homes for sale in the market year to date. There were 288 new homes for sale in the market this year. There was a gain of 6.7% in listings under contract in February 2016 compared to the same period last year. There were 80 listings under contract total this month. Year to date there was a decrease of 3.6% in the number of listings under contract in contrast to last year. There were 134 listings under contract this year. There was an increase of 19.5% in months supply of homes on the market in February 2016. There were 4.5 months supply of homes on the market total this month. Homes for sale in Highland Park in February 2016 saw an uptick of 23.5%, with 342 homes for sale total this month. In Highland Park in February 2016 the number of days on market until sale showed an improvement of 13.8% relative to the same period 2015, with 68 days total. In Highland Park the total percent of original list price received this month saw a slump of 0.4%, with 94.9 percent of original list price received this month. Year to date the number of percent of asking price received in Highland Park reached 94.3, a drop of 1.1%.
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