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January 2013 Logan Sqaure

January 2013 Logan Sqaure

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Published by Hillary Dunn Deck

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Published by: Hillary Dunn Deck on Feb 25, 2013
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02/25/2013

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Local Market Update – January 2013

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2013

8022 - CHI - Logan Square
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

+ 22.2%
Change in New Listings All Properties

+ 73.7%
Change in Closed Sales All Properties

- 43.5%
Change in Inventory of Homes All Properties

January
1-2012 20 12 7 $360,000 $426,288 101.7% 50 91 1-2013 22 24 12 $432,228 $525,729 96.5% 56 50 +/– + 10.0% + 100.0% + 71.4% + 20.1% + 23.3% - 5.1% + 11.0% - 45.1%

Trailing 12 Mos.
1-2012 349 179 180 $398,500 $466,238 91.5% 135 -1-2013 376 252 221 $432,000 $483,166 97.9% 82 -+/– + 7.7% + 40.8% + 22.8% + 8.4% + 3.6% + 7.0% - 39.5% --

January

Trailing 12 Mos.
+/– + 27.9% + 85.0% + 75.0% + 81.7% + 89.9% + 11.2% - 48.9% - 42.7% 1-2012 711 257 248 $244,000 $231,084 88.1% 165 -1-2013 620 400 349 $249,000 $272,508 91.9% 127 -+/– - 12.8% + 55.6% + 40.7% + 2.0% + 17.9% + 4.4% - 23.0% --

Attached 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

1-2012 43 20 12 $165,750 $170,222 85.7% 163 185

1-2013 55 37 21 $301,250 $323,309 95.3% 83 106

* 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
All MLS 8022 - CHI - Logan Square
+ 80%

Attached Single-Family
b a
+ 30%

All MLS 8022 - CHI - Logan Square

b a

+ 60%

+ 20%

+ 40% + 10% + 20% 0% 0% - 10% - 20% - 40% - 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. | All data from Midwest Real Estate Data LLC Powered by 10K Research and Marketing period LLC. Marketing.

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