Local Market Update February 2014

A Research Tool Provided by the Chicago Association of REALTORS RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2014

+ 5.4%

- 18.1%
Change in Closed Sales All Properties

- 1.1%
Change in Inventory of Homes All Properties

Lake View
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

February
2-2013 29 10 $766,250 93.4% 113 47 2-2014 24 8 $1,067,500 91.3% 118 44 +/ - 17.2% - 20.0% + 39.3% - 2.3% + 4.6% - 6.4% 2-2013 43 18

Year to Date
2-2014 42 15 $1,215,000 92.2% 88 -+/ - 2.3% - 16.7% + 58.6% - 1.8% - 24.5% --

$766,250 93.8% 117 --

February

Year to Date
+/ + 8.1% - 17.9% + 26.3% + 0.7% + 9.3% - 0.5% 2-2013 442 176 $302,000 94.5% 120 -2-2014 481 145 $323,500 95.0% 96 -+/ + 8.8% - 17.6% + 7.1% + 0.5% - 20.1% --

Attached Single-Family
New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Market Time Inventory of Homes for Sale

2-2013 247 84 $285,000 94.5% 94 421

2-2014 267 69 $360,000 95.2% 103 419

* 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 Lake View
+ 40% + 30% + 20% + 10% + 5% 0% 0% - 10% - 5% - 20% - 30% - 40% - 50% 1-2009 - 10% - 15% - 20% - 25% 1-2009

b a

Attached Single-Family
All Lake View
+ 25% + 20% + 15% + 10% b a

1-2010

1-2011

1-2012

1-2013

1-2014

1-2010

1-2011

1-2012

1-2013

1-2014

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 period. | Current as of March 4 4, 2014 2014. All data from Midwest Real Estate Data Data. Powered by 10K Research and Marketing. Marketing