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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

+ 11.8%

- 27.0%
Change in Closed Sales All Properties

- 31.3%
Change in Inventory of Homes All Properties

Logan Square
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 25 15 $351,000 97.1% 71 50 2-2014 27 9 $436,000 96.7% 30 36 +/ + 8.0% - 40.0% + 24.2% - 0.4% - 57.2% - 28.0% 2-2013 47 27

Year to Date
2-2014 49 20 $447,770 94.7% 70 -+/ + 4.3% - 25.9% + 8.3% - 2.3% + 8.8% --

$413,297 96.9% 64 --

February

Year to Date
+/ + 13.2% - 18.2% - 1.7% - 0.2% - 1.6% - 32.6% 2-2013 123 44 $320,000 95.0% 109 -2-2014 132 33 $326,000 97.1% 105 -+/ + 7.3% - 25.0% + 1.9% + 2.2% - 3.8% --

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 68 22 $328,500 95.2% 121 129

2-2014 77 18 $323,000 95.0% 120 87

* 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 Logan Square
+ 80%

b a

Attached Single-Family
All Logan Square
+ 40% b a

+ 60%

+ 30%

+ 40%

+ 20%

+ 20%

+ 10%

0%

0%

- 20%

- 10%

- 40%

- 20%

- 60% 1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

- 30% 1-2009

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

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