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

8003 - CHI - Uptown

- 27.0%

+ 50.0%

- 43.3%

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

+/

- 83.3%

58

52

- 10.3%

+ 400.0%

17

31

+ 82.4%

+ 50.0%

14

30

+ 114.3%

$885,000

$627,000

- 29.2%

$680,000

$635,000

- 6.6%

$885,000

$552,333

- 37.6%

$709,554

$719,630

+ 1.4%

86.1%

81.1%

- 5.8%

87.6%

89.3%

+ 2.0%

74

398

+ 437.4%

167

189

+ 13.3%

23

13

- 43.5%

--

--

--

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

105
34

Trailing 12 Mos.
+/

8-2011

8-2012

+/

80

- 23.8%

1,351

1,145

- 15.2%

72

+ 111.8%

402

602

+ 49.8%

42

63

+ 50.0%

378

516

+ 36.5%

$195 000
$195,000

$201 500
$201,500

+3
3.3%
3%

$190 000
$190,000

$180 000
$180,000

-5
5.3%
3%

$210,848

$207,034

- 1.8%

$195,747

$184,324

- 5.8%

86.5%

91.4%

+ 5.7%

86.8%

88.3%

+ 1.7%

175

97

- 44.9%

162

154

- 4.8%

510

289

- 43.3%

--

--

--

* 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

8003 - CHI - Uptown

8003 - CHI - Uptown

+ 10%

+ 100%

+ 5%

+ 80%

0%
+ 60%
- 5%
+ 40%

- 10%
- 15%

+ 20%

- 20%

0%

- 25%
- 20%
- 30%
- 40%
- 60%
1-2009

- 35%

1-2010

1-2011

1-2012

- 40%
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.