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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

8007 - CHI - Lincoln


Park

- 4.9%

+ 13.4%

- 22.2%

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

+/

26

15

- 42.3%

443

414

- 6.5%

17

+ 112.5%

184

221

+ 20.1%

15

13

- 13.3%

188

207

+ 10.1%

$1,333,750

$1,450,000

+ 8.7%

$1,267,716

$1,342,500

+ 5.9%

$1,665,082

$1,429,192

- 14.2%

$1,522,570

$1,536,151

+ 0.9%

90.8%

95.3%

+ 5.0%

91.1%

94.6%

+ 3.8%

202

113

- 44.2%

174

112

- 35.5%

97

60

- 38.1%

--

--

--

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

+/

77

83

+ 7.8%

1,653

1,874

+ 13.4%

60

64

+ 6.7%

1,009

1,226

+ 21.5%

52

63

+ 21.2%
%

987

1,217
2

%
+ 23.3%

$342,500

$390,500

+ 14.0%

$396,000

$415,000

+ 4.8%

$522,988

$441,884

- 15.5%

$463,055

$475,721

+ 2.7%

94.7%

95.7%

+ 1.0%

93.4%

96.1%

+ 2.9%

98

63

- 35.2%

123

67

- 45.5%

295

245

- 16.9%

--

--

--

* 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

8007 - CHI - Lincoln Park

All MLS

8007 - CHI - Lincoln Park

+ 20%

+ 30%

+ 15%
+ 20%
+ 10%
+ 5%

+ 10%

0%
0%
- 5%
- 10%

- 10%

- 15%
- 20%
- 20%
- 30%
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
period | All data from Midwest Real Estate Data LLC
proportioned according to their share of sales during that period.
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