Local Market Update August 2012

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC

RESIDENTIAL ACTIVITY ONLY | Data current as of September 14, 2012

8022 - CHI - Logan

Square

- 28.1%

+ 25.0%

- 49.7%

Change in
New Listings
All Properties

Change in
Closed Sales
All Properties

Change in
Inventory of Homes
All Properties

August

Detached Single-Family
New Listings
Under Contract (includes Contingent and Pending)
Closed Sales
Median Sales Price*
Average Sales Price*
Percent of Original List Price Received*
Average Market Time
Inventory of Homes for Sale at Month End

Trailing 12 Mos.

8-2011

8-2012

+/

8-2011

8-2012

+/

33

27

- 18.2%

390

327

- 16.2%

20

20

0.0%

180

211

+ 17.2%

15

19

+ 26.7%

162

202

+ 24.7%

$365,000

$385,000

+ 5.5%

$435,000

$405,743

- 6.7%

$360,585

$445,189

+ 23.5%

$497,111

$465,756

- 6.3%

93.1%

93.8%

+ 0.8%

90.6%

94.4%

+ 4.1%

125

60

- 52.2%

155

92

- 40.3%

131

73

- 44.3%

--

--

--

August

Attached Single-Family
New Listings
Under Contract (includes Contingent and Pending)
Closed Sales
Median Sales Price
Price*
Average Sales Price*
Percent of Original List Price Received*
Average Market Time
Inventory of Homes for Sale

8-2011

8-2012

63
25

Trailing 12 Mos.
+/

8-2011

8-2012

+/

42

- 33.3%

785

594

- 24.3%

40

+ 60.0%

250

355

+ 42.0%

33

41

+ 24.2%

238

303

+ 27.3%

$250 000
$250,000

$243 000
$243,000

-2
2.8%
8%

$250 000
$250,000

$238 500
$238,500

-4
4.6%
6%

$271,304

$261,356

- 3.7%

$247,937

$246,288

- 0.7%

89.0%

96.4%

+ 8.3%

90.2%

91.7%

+ 1.6%

145

75

- 48.4%

161

135

- 16.2%

263

125

- 52.5%

--

--

--

* 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)**

Detached Single-Family

Attached Single-Family
All MLS

All MLS

8022 - CHI - Logan Square

8022 - CHI - Logan Square

+ 80%

+ 10%

+ 60%

+ 5%

+ 40%

0%

+ 20%

- 5%

0%

- 10%

- 20%

- 15%

- 40%

- 20%

- 60%
1-2009

1-2010

1-2011

1-2012

- 25%
1-2009

1-2010

1-2011

1-2012

*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. Powered by 10K Research and Marketing.