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Local Market Update November 2013

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC


RESIDENTIAL ACTIVITY ONLY | Data current as of December 13, 2013

8006 - CHI - Lake View

+ 9.8%

0.0%

- 4.9%

Change in
New Listings
All Properties

Change in
Closed Sales
All Properties

Change in
Inventory of Homes
All Properties

November

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.

11-2012

11-2013

+/

11-2012

11-2013

+/

13

- 30.8%

313

293

- 6.4%

- 25.0%

160

168

+ 5.0%

18

- 50.0%

158

159

+ 0.6%

$1,075,000

$1,395,000

+ 29.8%

$971,500

$1,065,000

+ 9.6%

$1,206,013

$1,238,667

+ 2.7%

$1,088,792

$1,188,838

+ 9.2%

90.8%

95.8%

+ 5.5%

92.9%

96.2%

+ 3.5%

166

95

- 42.5%

132

77

- 42.1%

49

41

- 16.3%

--

--

--

November

Attached Single-Family
New Listings
Under Contract (includes Contingent and Pending)
Cl
Closed
dS
Sales
l
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.

11-2012

11-2013

+/

11-2012

11-2013

+/

99

114

+ 15.2%

2,390

2,995

+ 25.3%

95

100

+ 5.3%

1,504

1,951

+ 29.7%

95

104
0

%
+ 9.5%

1,441

1,929
929

+ 33.9%
%

$307,000

$349,750

+ 13.9%

$313,000

$327,000

+ 4.5%

$313,459

$365,554

+ 16.6%

$320,411

$345,720

+ 7.9%

94.1%

96.3%

+ 2.3%

92.0%

95.9%

+ 4.2%

103

52

- 50.0%

147

70

- 52.7%

438

422

- 3.7%

--

--

--

* 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%

+ 20%

+ 30%

+ 15%

+ 20%

+ 10%

+ 10%

+ 5%

0%

0%

- 10%

- 5%

- 20%

- 10%

- 30%

- 15%

- 40%

- 20%

- 50%
1-2009

1-2010

1-2011

1-2012

1-2013

- 25%
1-2009

1-2010

1-2011

All MLS

8006 - CHI - Lake View

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
period | All data from Midwest Real Estate Data LLC
proportioned according to their share of sales during that period.
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