Local Market Update – November 2012

A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2012

- 26.8%

+ 44.4%
Change in Closed Sales All Properties

- 46.1%
Change in Inventory of Homes All Properties

Near North Side
Detached Single-Family
New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Market Time Inventory of Homes for Sale

Change in New Listings All Properties

November
11-2011 7 1 $5,300,000 92.2% 2 34 11-2012 4 3 $975,000 86.7% 103 35 +/– - 42.9% + 200.0% - 81.6% - 5.9% + 5066.7% + 2.9% 11-2011 87 21

Year to Date
11-2012 76 20 $1,793,500 87.6% 316 -+/– - 12.6% - 4.8% + 10.4% + 2.7% + 15.6% --

$1,625,000 85.3% 273 --

November

Year to Date
+/– - 26.3% + 43.2% + 23.0% + 1.9% - 41.4% - 47.2% 11-2011 4,103 1,703 $328,500 91.5% 188 -11-2012 3,319 2,149 $340,000 93.5% 151 -+/– - 19.1% + 26.2% + 3.5% + 2.2% - 19.7% --

Attached Single-Family
New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Market Time Inventory of Homes for Sale

11-2011 228 132 $284,500 92.2% 197 1,509

11-2012 168 189 $350,000 94.0% 116 797

* 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
+ 140% + 120% + 100% + 80% + 60% + 40% + 20% 0% - 20% - 40% 1-2009

b a

Attached Single-Family
All Near North Side
+ 20% + 15% + 10% + 5% 0% - 5% - 10% - 15% - 20% - 25% 1-2009 b a

1-2010

1-2011

1-2012

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 | Current as of November 1 2012 All data from Midwest Real Estate Data Powered by 10K Research and Marketing period. 1, 2012. Data. Marketing.

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