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Local Market Update August 2013

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC


RESIDENTIAL ACTIVITY ONLY | Data current as of September 15, 2013

8006 - CHI - Lake View

+ 34.8%

+ 38.4%

- 16.4%

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.

8-2012

8-2013

+/

17

27

+ 58.8%

13

12

- 7.7%

19

15

- 21.1%

$1,050,000

$920,000

$1,089,341

$1,187,558

92.6%
119
53

8-2012

8-2013

+/

334

278

- 16.8%

157

165

+ 5.1%

139

174

+ 25.2%

- 12.4%

$1,050,000

$1,012,500

- 3.6%

+ 9.0%

$1,113,968

$1,164,028

+ 4.5%

97.1%

+ 4.9%

92.7%

95.0%

+ 2.5%

77

- 35.3%

124

101

- 18.7%

46

- 13.2%

--

--

--

August

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

Trailing 12 Mos.

8-2012

8-2013

+/

8-2012

8-2013

+/

210

279

+ 32.9%

2,475

2,787

+ 12.6%

137

156

+ 13.9%

1,428

1,915

+ 34.1%

153

223

+ 45
45.8%
8%

1 311
1,311

1 853
1,853

+ 41
41.3%
3%

$295,500

$324,900

+ 9.9%

$316,000

$323,000

+ 2.2%

$307,097

$347,054

+ 13.0%

$324,535

$340,828

+ 5.0%

92.4%

96.9%

+ 4.9%

91.3%

95.4%

+ 4.5%

130

64

- 50.9%

158

82

- 47.9%

563

469

- 16.7%

--

--

--

* 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

8006 - CHI - Lake View

+ 40%

+ 15%

+ 30%

+ 10%

+ 20%

All MLS

8006 - CHI - Lake View

+ 5%

+ 10%
0%
0%
- 5%
- 10%
- 10%
- 20%
- 15%

- 30%

- 20%

- 40%
- 50%
1-2009

1-2010

1-2011

1-2012

1-2013

- 25%
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.