Local Market Update January 2012

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

- 23.8%

+ 40.0%
Change in Closed Sales All Properties

- 33.5%
Change in Inventory of Homes All Properties

8032 - CHI - Loop

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

Change in New Listings All Properties

January
1-2011 1 0 0 $0 $0 0.0% 0 0 1-2012 0 0 0 $0 $0 0.0% 0 0 +/ - 100.0% -------2 0 0 $0 $0

Trailing 12 Mos.
1-2011 1-2012 0 0 0 $0 $0 0.0% 0 -+/ - 100.0% --------

0.0% 0 --

January

Trailing 12 Mos.
+/ - 23.2% + 17.8% + 40.0% - 26 1% 26.1% - 27.9% + 0.2% - 25.4% - 33.5% 1-2011 1,724 676 751 $377,500 $377 500 $542,238 96.6% 118 -1-2012 1,386 638 601 $295,000 $295 000 $381,068 91.8% 154 -+/ - 19.6% - 5.6% - 20.0% - 21 9% 21.9% - 29.7% - 5.0% + 30.8% --

Attached Single-Family
New Listings Under Contract (includes Contingent and Pending) Closed Sales Median Sales Price Price* Average Sales Price* Percent of Original List Price Received* Average Market Time Inventory of Homes for Sale

1-2011 125 45 25 $335,000 $335 000 $514,976 90.9% 192 565

1-2012 96 53 35 $247,500 $247 500 $371,533 91.0% 143 376

* 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
All MLS 8032 - CHI - Loop
+ 5%

Attached Single-Family
b a
+ 30%

All MLS 8032 - CHI - Loop

b a

0%

+ 20%

- 5% - 10%

+ 10%

0%

- 15%

- 10%

- 20% - 25%

- 20%

- 30%

- 30% 1-2009 1-2010 1-2011 1-2012

- 40% 1-2009 1-2010 1-2011 1-2012

*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 p p proportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by 10K Research and Marketing. g g p y g