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

+ 8.8%

0.0%
Change in Closed Sales All Properties

- 12.6%
Change in Inventory of Homes All Properties

West Town
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 39 7 $585,000 94.6% 372 69 2-2014 28 7 $849,900 94.9% 53 47 +/ - 28.2% 0.0% + 45.3% + 0.2% - 85.8% - 31.9% 2-2013 67 16

Year to Date
2-2014 48 17 $849,900 96.5% 91 -+/ - 28.4% + 6.3% + 38.9% + 1.8% - 61.2% --

$612,000 94.8% 235 --

February

Year to Date
+/ + 17.0% 0.0% + 22.1% + 1.4% - 31.7% - 8.0% 2-2013 302 104 $310,093 93.3% 119 -2-2014 349 110 $352,000 95.6% 73 -+/ + 15.6% + 5.8% + 13.5% + 2.5% - 38.4% --

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 176 52 $282,500 94.3% 99 287

2-2014 206 52 $344,950 95.6% 68 264

* 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 West Town
+ 40%

b a

Attached Single-Family
All West Town
+ 25% + 20% b a

+ 30% + 15% + 20% + 10% + 5% 0% 0% - 5% - 10% - 15% - 20% - 20% - 30% 1-2009 - 25% 1-2009

+ 10%

- 10%

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