2013 Chicago Neighborhood Real Estate Report

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Chicago Home Partner, a leading real estate team serving many of the Chicago North side neighborhoods, present their 2013 real estate review. This data, provided by MRED LLC, explores year over year changes of many Chicago neighborhoods including:
New Listings
Closed Sales
Median Sales Price*
Percent of Original List Price Received* Market Time
Inventory of Homes for Sale
This data should is specific to the various neighborhoods across Chicago, but should not be accepted as an accurate valuation of your home. Please contact our team at amanda@chicagohomepartner.com

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2013 Chicago Neighborhood Real Estate Report

  1. 1. Local Market Update – December 2013 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014 + 27.3% - 36.8% Change in New Listings All Properties Avondale + 133.3% Change in Closed Sales All Properties Change in Inventory of Homes All Properties December Detached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 New Listings 4 5 + 25.0% 148 145 - 2.0% Closed Sales 5 8 + 60.0% 96 100 + 4.2% $145,000 $358,250 + 147.1% $228,500 $308,500 + 35.0% + 0.6% Median Sales Price* Percent of Original List Price Received* +/– 78.2% 95.4% + 22.0% 95.7% 96.3% Market Time 63 26 - 59.2% 83 63 - 23.7% Inventory of Homes for Sale 25 17 - 32.0% -- -- -- December Attached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 +/– New Listings 7 9 + 28.6% 198 177 - 10.6% Closed Sales 4 13 + 225.0% 127 115 - 9.4% $114,000 $177,750 + 55.9% $118,000 $177,750 + 50.6% 95.4% 93.9% - 1.5% 87.3% 93.7% + 7.3% Market Time 275 44 - 83.8% 181 103 - 42.9% Inventory of Homes for Sale 43 26 - 39.5% -- -- -- Median Sales Price* Percent of Original List Price Received* * Does not account for sale concessions and/or down payment assistance. Note: 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 Avondale b Attached Single-Family All a b Avondale a + 80% + 140% + 120% + 60% + 100% + 40% + 80% + 60% + 20% + 40% 0% + 20% 0% - 20% - 20% - 40% - 40% - 60% 1-2009 1-2010 1-2011 1-2012 1-2013 - 60% 1-2009 1-2010 1-2011 1-2012 1-2013 † 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 | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing period. 1, 2013. Data. Marketing.
  2. 2. Local Market Update – December 2013 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014 + 15.8% - 32.2% Change in New Listings All Properties Edgewater + 53.2% Change in Closed Sales All Properties Change in Inventory of Homes All Properties December Detached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 New Listings 2 3 + 50.0% 93 85 - 8.6% Closed Sales 2 3 + 50.0% 48 64 + 33.3% $575,000 $810,000 + 40.9% $450,000 $489,614 + 8.8% + 3.3% Median Sales Price* Percent of Original List Price Received* +/– 99.8% 91.0% - 8.8% 90.7% 93.7% Market Time 328 38 - 88.5% 109 104 - 4.6% Inventory of Homes for Sale 13 10 - 23.1% -- -- -- December Attached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 +/– New Listings 36 41 + 13.9% 1,015 1,030 + 1.5% Closed Sales 45 69 + 53.3% 603 719 + 19.2% $130,000 $133,170 + 2.4% $130,000 $150,000 + 15.4% 88.4% 95.2% + 7.7% 88.4% 94.2% + 6.6% Market Time 121 135 + 10.9% 154 111 - 27.7% Inventory of Homes for Sale 251 169 - 32.7% -- -- -- Median Sales Price* Percent of Original List Price Received* * Does not account for sale concessions and/or down payment assistance. Note: 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 Edgewater b Attached Single-Family All a + 100% + 20% + 60% + 10% + 40% 0% + 20% - 10% 0% - 20% - 20% a + 30% + 80% b Edgewater - 30% - 40% 1-2009 1-2010 1-2011 1-2012 1-2013 - 40% 1-2009 1-2010 1-2011 1-2012 1-2013 † 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 | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing period. 1, 2013. Data. Marketing.
  3. 3. Local Market Update – December 2013 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014 - 5.9% - 28.0% Change in New Listings All Properties Irving Park - 22.9% Change in Closed Sales All Properties Change in Inventory of Homes All Properties December Detached Single-Family Year to Date 12-2012 12-2013 New Listings 18 18 Closed Sales 20 14 $305,000 $375,000 + 23.0% Median Sales Price* Percent of Original List Price Received* +/– 12-2012 12-2013 +/– 0.0% 398 448 + 12.6% - 30.0% 207 273 + 31.9% $300,000 $353,000 + 17.7% + 3.9% 98.2% 97.8% - 0.4% 92.8% 96.4% Market Time 116 82 - 29.5% 123 80 - 35.1% Inventory of Homes for Sale 69 62 - 10.1% -- -- -- December Attached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 +/– New Listings 16 14 - 12.5% 335 329 - 1.8% Closed Sales 15 13 - 13.3% 182 251 + 37.9% $94,000 $153,000 + 62.8% $99,000 $136,500 + 37.9% 89.9% 95.5% + 6.2% 83.8% 96.9% + 15.6% Market Time 68 55 - 19.9% 154 95 - 38.1% Inventory of Homes for Sale 81 46 - 43.2% -- -- -- Median Sales Price* Percent of Original List Price Received* * Does not account for sale concessions and/or down payment assistance. Note: 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 Irving Park b Attached Single-Family All a + 50% a + 60% + 40% b Irving Park + 50% + 40% + 30% + 30% + 20% + 20% + 10% + 10% 0% 0% - 10% - 10% - 20% - 20% - 30% - 40% 1-2009 - 30% 1-2010 1-2011 1-2012 1-2013 - 40% 1-2009 1-2010 1-2011 1-2012 1-2013 † 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 | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing period. 1, 2013. Data. Marketing.
  4. 4. Local Market Update – December 2013 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014 + 14.3% - 4.4% Change in New Listings All Properties Lake View + 27.3% Change in Closed Sales All Properties Change in Inventory of Homes All Properties December Detached Single-Family 12-2012 12-2013 New Listings 11 Closed Sales 7 Year to Date 12-2012 12-2013 17 + 54.5% 313 299 - 4.5% 14 + 100.0% 158 167 + 5.7% $1,115,000 Median Sales Price* +/– $1,084,500 - 2.7% $1,001,500 $1,080,000 + 7.8% + 3.7% Percent of Original List Price Received* +/– 93.8% 97.3% + 3.8% 92.9% 96.4% Market Time 96 66 - 31.1% 129 75 - 42.2% Inventory of Homes for Sale 42 40 - 4.8% -- -- -- December Attached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 +/– New Listings 80 87 + 8.7% 2,381 3,001 + 26.0% Closed Sales 114 140 + 22.8% 1,472 1,957 + 32.9% $319,375 $362,000 + 13.3% $315,000 $330,000 + 4.8% 92.9% 95.3% + 2.6% 92.3% 96.0% + 4.1% Median Sales Price* Percent of Original List Price Received* Market Time 111 71 - 35.9% 143 67 - 52.9% Inventory of Homes for Sale 369 353 - 4.3% -- -- -- * Does not account for sale concessions and/or down payment assistance. Note: 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 Lake View b Attached Single-Family All a + 40% a + 25% + 30% b Lake View + 20% + 15% + 20% + 10% + 10% + 5% 0% 0% - 10% - 5% - 20% - 10% - 30% - 15% - 40% - 50% 1-2009 - 20% 1-2010 1-2011 1-2012 1-2013 - 25% 1-2009 1-2010 1-2011 1-2012 1-2013 † 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 | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing period. 1, 2013. Data. Marketing.
  5. 5. Local Market Update – December 2013 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014 + 14.8% - 32.0% Change in New Listings All Properties Lincoln Park + 41.9% Change in Closed Sales All Properties Change in Inventory of Homes All Properties December Detached Single-Family 12-2012 12-2013 New Listings 13 Closed Sales 11 Year to Date 12-2012 12-2013 12 - 7.7% 448 413 - 7.8% 20 + 81.8% 185 216 + 16.8% $1,073,750 Median Sales Price* +/– $1,500,000 + 39.7% $1,250,000 $1,350,000 + 8.0% + 2.6% Percent of Original List Price Received* +/– 98.1% 93.0% - 5.2% 91.9% 94.3% Market Time 76 135 + 77.7% 163 116 - 28.4% Inventory of Homes for Sale 81 49 - 39.5% -- -- -- December Attached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 +/– New Listings 48 58 + 20.8% 1,650 1,884 + 14.2% Closed Sales 63 85 + 34.9% 1,008 1,240 + 23.0% $375,000 $480,000 + 28.0% $396,250 $425,000 + 7.3% 93.7% 95.3% + 1.8% 93.6% 96.2% + 2.8% Median Sales Price* Percent of Original List Price Received* Market Time 132 62 - 53.0% 122 64 - 47.8% Inventory of Homes for Sale 257 181 - 29.6% -- -- -- * Does not account for sale concessions and/or down payment assistance. Note: 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 Lincoln Park b Attached Single-Family All a b Lincoln Park a + 25% + 30% + 20% + 20% + 15% + 10% + 10% + 5% 0% 0% - 5% - 10% - 10% - 15% - 20% - 20% - 30% 1-2009 1-2010 1-2011 1-2012 1-2013 - 25% 1-2009 1-2010 1-2011 1-2012 1-2013 † 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 | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing period. 1, 2013. Data. Marketing.
  6. 6. Local Market Update – December 2013 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014 + 60.0% - 31.7% Change in New Listings All Properties Lincoln Square + 94.1% Change in Closed Sales All Properties Change in Inventory of Homes All Properties December Detached Single-Family 12-2012 Year to Date 12-2013 +/– 12-2012 12-2013 +/– New Listings 4 4 0.0% 144 177 + 22.9% Closed Sales 5 12 + 140.0% 98 125 + 27.6% $460,000 $455,500 - 1.0% $482,500 $582,000 + 20.6% + 6.1% Median Sales Price* Percent of Original List Price Received* 87.0% 97.0% + 11.5% 91.7% 97.2% Market Time 163 30 - 81.4% 135 69 - 49.3% Inventory of Homes for Sale 22 14 - 36.4% -- -- -- December Attached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 +/– New Listings 11 20 + 81.8% 440 493 + 12.0% Closed Sales 12 21 + 75.0% 264 329 + 24.6% $198,698 $350,200 + 76.2% $198,750 $247,000 + 24.3% 88.2% 97.0% + 9.9% 91.8% 95.6% + 4.2% Market Time 137 59 - 56.6% 133 86 - 35.3% Inventory of Homes for Sale 79 55 - 30.4% -- -- -- Median Sales Price* Percent of Original List Price Received* * Does not account for sale concessions and/or down payment assistance. Note: 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 Lincoln Square b Attached Single-Family All a b Lincoln Square a + 120% + 40% + 100% + 30% + 80% + 20% + 60% + 10% + 40% 0% + 20% 0% - 10% - 20% - 20% - 30% 1-2009 - 40% 1-2010 1-2011 1-2012 1-2013 - 60% 1-2009 1-2010 1-2011 1-2012 1-2013 † 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 | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing period. 1, 2013. Data. Marketing.
  7. 7. Local Market Update – December 2013 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014 - 31.8% - 41.3% Change in New Listings All Properties Logan Square - 12.7% Change in Closed Sales All Properties Change in Inventory of Homes All Properties December Detached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 New Listings 21 12 - 42.9% 374 328 - 12.3% Closed Sales 27 24 - 11.1% 218 245 + 12.4% $480,630 $402,500 - 16.3% $422,310 $512,000 + 21.2% - 0.5% Median Sales Price* Percent of Original List Price Received* +/– 96.7% 98.9% + 2.3% 98.0% 97.6% Market Time 68 79 + 15.9% 83 89 + 7.4% Inventory of Homes for Sale 71 32 - 54.9% -- -- -- December Attached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 +/– New Listings 23 18 - 21.7% 608 757 + 24.5% Closed Sales 28 24 - 14.3% 341 520 + 52.5% $243,500 $308,000 + 26.5% $244,000 $310,000 + 27.0% 94.8% 95.3% + 0.5% 91.5% 96.3% + 5.2% Median Sales Price* Percent of Original List Price Received* Market Time 92 89 - 3.1% 131 73 - 44.4% Inventory of Homes for Sale 125 83 - 33.6% -- -- -- * Does not account for sale concessions and/or down payment assistance. Note: 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 Logan Square b Attached Single-Family All a + 80% + 30% + 40% + 20% + 20% + 10% 0% 0% - 20% - 10% - 40% a + 40% + 60% b Logan Square - 20% - 60% 1-2009 1-2010 1-2011 1-2012 1-2013 - 30% 1-2009 1-2010 1-2011 1-2012 1-2013 † 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 | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing period. 1, 2013. Data. Marketing.
  8. 8. Local Market Update – December 2013 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014 + 41.7% - 8.9% Change in New Listings All Properties Near North Side - 10.3% Change in Closed Sales All Properties Change in Inventory of Homes All Properties December Detached Single-Family Year to Date 12-2012 12-2013 +/– New Listings 3 4 Closed Sales 7 5 $2,363,000 $1,220,000 Median Sales Price* Percent of Original List Price Received* 12-2012 12-2013 +/– + 33.3% 79 107 + 35.4% - 28.6% 27 34 + 25.9% - 48.4% $2,000,000 $1,622,500 - 18.9% + 4.4% 86.3% 89.7% + 4.0% 87.3% 91.1% Market Time 258 416 + 61.3% 301 260 - 13.4% Inventory of Homes for Sale 33 37 + 12.1% -- -- -- December Attached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 +/– New Listings 129 183 + 41.9% 3,449 3,984 + 15.5% Closed Sales 206 186 - 9.7% 2,358 2,673 + 13.4% $441,875 $415,000 - 6.1% $349,450 $380,000 + 8.7% 93.6% 96.1% + 2.7% 93.5% 96.5% + 3.2% Median Sales Price* Percent of Original List Price Received* Market Time 143 74 - 48.3% 150 88 - 41.3% Inventory of Homes for Sale 752 678 - 9.8% -- -- -- * Does not account for sale concessions and/or down payment assistance. Note: 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 Near North Side b Attached Single-Family All a b Near North Side a + 30% + 180% + 160% + 20% + 140% + 120% + 10% + 100% + 80% 0% + 60% + 40% - 10% + 20% 0% - 20% - 20% - 40% 1-2009 1-2010 1-2011 1-2012 1-2013 - 30% 1-2009 1-2010 1-2011 1-2012 1-2013 † 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 | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing period. 1, 2013. Data. Marketing.
  9. 9. Local Market Update – December 2013 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014 + 334.6% + 5.8% Change in New Listings All Properties Near South Side + 107.7% Change in Closed Sales All Properties Change in Inventory of Homes All Properties December Detached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 +/– New Listings 0 1 -- 14 19 + 35.7% Closed Sales 0 0 -- 9 10 + 11.1% Median Sales Price* $0 $0 -- $885,000 $872,500 - 1.4% + 3.8% Percent of Original List Price Received* 0.0% 0.0% -- 91.7% 95.2% Market Time 0 0 -- 64 63 - 0.6% Inventory of Homes for Sale 2 1 - 50.0% -- -- -- December Attached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 +/– New Listings 26 112 + 330.8% 807 1,201 + 48.8% Closed Sales 39 81 + 107.7% 597 790 + 32.3% $287,000 $373,000 + 30.0% $265,000 $350,000 + 32.1% 94.3% 98.2% + 4.1% 94.4% 99.1% + 5.0% Median Sales Price* Percent of Original List Price Received* Market Time 139 41 - 70.3% 130 62 - 52.2% Inventory of Homes for Sale 153 163 + 6.5% -- -- -- * Does not account for sale concessions and/or down payment assistance. Note: 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 Near South Side b Attached Single-Family All a b Near South Side a + 50% + 40% + 30% + 40% + 20% + 30% + 10% 0% + 20% - 10% + 10% - 20% 0% - 30% - 40% - 10% - 50% - 20% - 60% - 70% 1-2009 1-2010 1-2011 1-2012 1-2013 - 30% 1-2009 1-2010 1-2011 1-2012 1-2013 † 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 | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing period. 1, 2013. Data. Marketing.
  10. 10. Local Market Update – December 2013 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014 - 4.9% - 28.9% Change in New Listings All Properties Near West Side - 11.4% Change in Closed Sales All Properties Change in Inventory of Homes All Properties December Detached Single-Family Year to Date 12-2012 12-2013 New Listings 2 2 Closed Sales 5 2 $476,000 $521,125 + 9.5% Median Sales Price* Percent of Original List Price Received* +/– 12-2012 12-2013 +/– 0.0% 62 64 + 3.2% - 60.0% 25 37 + 48.0% $325,500 $215,000 - 33.9% + 0.9% 85.0% 137.8% + 62.2% 93.7% 94.5% Market Time 78 110 + 41.8% 129 171 + 32.7% Inventory of Homes for Sale 15 9 - 40.0% -- -- -- December Attached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 +/– New Listings 59 56 - 5.1% 1,320 1,508 + 14.2% Closed Sales 83 76 - 8.4% 919 1,102 + 19.9% $255,000 $295,750 + 16.0% $247,000 $289,000 + 17.0% 91.7% 96.7% + 5.5% 92.1% 98.7% + 7.1% Median Sales Price* Percent of Original List Price Received* Market Time 142 61 - 56.8% 137 60 - 56.3% Inventory of Homes for Sale 224 161 - 28.1% -- -- -- * Does not account for sale concessions and/or down payment assistance. Note: 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 Near West Side b Attached Single-Family All a b Near West Side a + 30% + 450% + 400% + 20% + 350% + 300% + 10% + 250% + 200% 0% + 150% + 100% - 10% + 50% 0% - 20% - 50% - 100% 1-2009 1-2010 1-2011 1-2012 1-2013 - 30% 1-2009 1-2010 1-2011 1-2012 1-2013 † 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 | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing period. 1, 2013. Data. Marketing.
  11. 11. Local Market Update – December 2013 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014 + 37.5% - 21.6% Change in New Listings All Properties North Center + 21.2% Change in Closed Sales All Properties Change in Inventory of Homes All Properties December Detached Single-Family 12-2012 Year to Date 12-2013 +/– 12-2012 12-2013 +/– New Listings 8 11 + 37.5% 353 361 + 2.3% Closed Sales 13 12 - 7.7% 190 254 + 33.7% $776,000 $1,094,750 + 41.1% $818,500 $875,000 + 6.9% + 4.4% Median Sales Price* Percent of Original List Price Received* 93.2% 95.7% + 2.7% 93.2% 97.3% Market Time 129 39 - 70.3% 113 60 - 47.0% Inventory of Homes for Sale 41 25 - 39.0% -- -- -- December Attached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 +/– New Listings 8 11 + 37.5% 441 541 + 22.7% Closed Sales 20 28 + 40.0% 246 376 + 52.8% $267,450 $377,500 + 41.1% $329,950 $355,000 + 7.6% 94.5% 96.0% + 1.6% 94.4% 97.4% + 3.2% Market Time 168 68 - 59.9% 156 72 - 53.8% Inventory of Homes for Sale 56 51 - 8.9% -- -- -- Median Sales Price* Percent of Original List Price Received* * Does not account for sale concessions and/or down payment assistance. Note: 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 North Center b Attached Single-Family All a + 50% a + 25% + 40% b North Center + 20% + 15% + 30% + 10% + 20% + 5% + 10% 0% 0% - 5% - 10% - 10% - 20% - 15% - 30% - 40% 1-2009 - 20% 1-2010 1-2011 1-2012 1-2013 - 25% 1-2009 1-2010 1-2011 1-2012 1-2013 † 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 | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing period. 1, 2013. Data. Marketing.
  12. 12. Local Market Update – December 2013 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014 + 60.0% - 31.7% Change in New Listings All Properties Lincoln Square + 94.1% Change in Closed Sales All Properties Change in Inventory of Homes All Properties December Detached Single-Family 12-2012 Year to Date 12-2013 +/– 12-2012 12-2013 +/– New Listings 4 4 0.0% 144 177 + 22.9% Closed Sales 5 12 + 140.0% 98 125 + 27.6% $460,000 $455,500 - 1.0% $482,500 $582,000 + 20.6% + 6.1% Median Sales Price* Percent of Original List Price Received* 87.0% 97.0% + 11.5% 91.7% 97.2% Market Time 163 30 - 81.4% 135 69 - 49.3% Inventory of Homes for Sale 22 14 - 36.4% -- -- -- December Attached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 +/– New Listings 11 20 + 81.8% 440 493 + 12.0% Closed Sales 12 21 + 75.0% 264 329 + 24.6% $198,698 $350,200 + 76.2% $198,750 $247,000 + 24.3% 88.2% 97.0% + 9.9% 91.8% 95.6% + 4.2% Market Time 137 59 - 56.6% 133 86 - 35.3% Inventory of Homes for Sale 79 55 - 30.4% -- -- -- Median Sales Price* Percent of Original List Price Received* * Does not account for sale concessions and/or down payment assistance. Note: 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 Lincoln Square b Attached Single-Family All a b Lincoln Square a + 120% + 40% + 100% + 30% + 80% + 20% + 60% + 10% + 40% 0% + 20% 0% - 10% - 20% - 20% - 30% 1-2009 - 40% 1-2010 1-2011 1-2012 1-2013 - 60% 1-2009 1-2010 1-2011 1-2012 1-2013 † 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 | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing period. 1, 2013. Data. Marketing.
  13. 13. Local Market Update – December 2013 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014 + 41.7% - 19.5% Change in New Listings All Properties Uptown + 58.8% Change in Closed Sales All Properties Change in Inventory of Homes All Properties December Detached Single-Family Year to Date 12-2012 12-2013 New Listings 2 2 Closed Sales 3 2 $1,287,500 $510,000 - 60.4% Median Sales Price* Percent of Original List Price Received* +/– 12-2012 12-2013 +/– 0.0% 47 52 + 10.6% - 33.3% 35 30 - 14.3% $645,000 $690,000 + 7.0% + 6.7% 95.4% 95.5% + 0.0% 90.8% 96.9% Market Time 75 247 + 230.1% 131 115 - 11.8% Inventory of Homes for Sale 10 7 - 30.0% -- -- -- December Attached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 +/– New Listings 34 49 + 44.1% 1,127 1,233 + 9.4% Closed Sales 31 52 + 67.7% 556 764 + 37.4% $157,500 $195,000 + 23.8% $185,000 $210,000 + 13.5% 92.1% 94.8% + 3.0% 89.5% 94.9% + 6.1% Market Time 128 104 - 18.5% 150 94 - 37.6% Inventory of Homes for Sale 241 195 - 19.1% -- -- -- Median Sales Price* Percent of Original List Price Received* * Does not account for sale concessions and/or down payment assistance. Note: 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 Uptown b Attached Single-Family All a + 100% a + 40% + 80% b Uptown + 30% + 20% + 60% + 10% + 40% 0% + 20% - 10% 0% - 20% - 20% - 30% - 40% - 40% - 60% 1-2009 1-2010 1-2011 1-2012 1-2013 - 50% 1-2009 1-2010 1-2011 1-2012 1-2013 † 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 | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing period. 1, 2013. Data. Marketing.
  14. 14. Local Market Update – December 2013 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014 + 40.3% - 17.4% Change in New Listings All Properties West Town + 39.5% Change in Closed Sales All Properties Change in Inventory of Homes All Properties December Detached Single-Family 12-2012 12-2013 New Listings 19 Closed Sales 20 Year to Date 12-2012 12-2013 12 - 36.8% 407 412 + 1.2% 23 + 15.0% 199 262 + 31.7% $491,848 Median Sales Price* +/– $732,000 + 48.8% $550,000 $690,250 + 25.5% + 5.4% Percent of Original List Price Received* +/– 94.3% 95.8% + 1.6% 92.8% 97.8% Market Time 99 57 - 42.0% 147 76 - 48.5% Inventory of Homes for Sale 78 48 - 38.5% -- -- -- December Attached Single-Family Year to Date 12-2012 12-2013 +/– 12-2012 12-2013 +/– New Listings 43 75 + 74.4% 1,580 2,011 + 27.3% Closed Sales 61 90 + 47.5% 951 1,298 + 36.5% $335,000 $399,450 + 19.2% $328,500 $362,700 + 10.4% 95.5% 97.4% + 1.9% 93.1% 97.0% + 4.2% Median Sales Price* Percent of Original List Price Received* Market Time 80 73 - 9.0% 125 62 - 50.9% Inventory of Homes for Sale 249 222 - 10.8% -- -- -- * Does not account for sale concessions and/or down payment assistance. Note: 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 West Town b Attached Single-Family All a b West Town a + 25% + 40% + 20% + 30% + 15% + 20% + 10% + 5% + 10% 0% 0% - 5% - 10% - 10% - 15% - 20% - 30% 1-2009 - 20% 1-2010 1-2011 1-2012 1-2013 - 25% 1-2009 1-2010 1-2011 1-2012 1-2013 † 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 | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing period. 1, 2013. Data. Marketing.

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