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

- 56.0%

+ 30.0%
Change in Closed Sales All Properties

- 82.9%
Change in Inventory of Homes All Properties

Near South 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 1 0 $0 0.0% 0 5 11-2012 0 1 $920,000 95.3% 9 4 +/– - 100.0% ----- 20.0% 11-2011 22 5

Year to Date
11-2012 14 9 $885,000 91.7% 64 -+/– - 36.4% + 80.0% - 6.8% + 3.5% - 56.4% --

$950,000 88.6% 146 --

November

Year to Date
+/– - 55.4% + 26.7% + 5.6% + 1.9% - 61.6% - 83.3% 11-2011 1,011 379 $279,500 91.5% 243 -11-2012 781 558 $265,000 94.4% 129 -+/– - 22.7% + 47.2% - 5.2% + 3.2% - 47.0% --

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 74 30 $267,500 90.6% 200 785

11-2012 33 38 $282,450 92.4% 77 131

* 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
+ 30%

b a

Attached Single-Family
All Near South Side
+ 50% + 40% b a

+ 20% + 30% + 10% + 20% 0% + 10% 0% - 10% - 10% - 20% - 20% - 30% 1-2009 - 30% 1-2009

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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