2013 Chicago Neighborhood Real Estate Report
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19-Oct-2014 -
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Transcript of 2013 Chicago Neighborhood Real Estate Report
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 4 5 + 25.0% 148 145 - 2.0%
Closed Sales 5 8 + 60.0% 96 100 + 4.2%
Median Sales Price* $145,000 $358,250 + 147.1% $228,500 $308,500 + 35.0%
Percent of Original List Price Received* 78.2% 95.4% + 22.0% 95.7% 96.3% + 0.6%
Market Time 63 26 - 59.2% 83 63 - 23.7%
Inventory of Homes for Sale 25 17 - 32.0% -- -- --
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 7 9 + 28.6% 198 177 - 10.6%
Closed Sales 4 13 + 225.0% 127 115 - 9.4%
Median Sales Price* $114,000 $177,750 + 55.9% $118,000 $177,750 + 50.6%
Percent of Original List Price Received* 95.4% 93.9% - 1.5% 87.3% 93.7% + 7.3%
Local Market Update – December 2013A Research Tool Provided by the Chicago Association of REALTORS®
RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014
Avondale+ 27.3% + 133.3% - 36.8%
Change inNew ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Detached Single-FamilyDecember Year to Date
Attached Single-FamilyDecember Year to Date
Market Time 275 44 - 83.8% 181 103 - 42.9%
Inventory of Homes for Sale 43 26 - 39.5% -- -- --* 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.
† 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 usedin a dot are proportioned according to their share of sales during that period | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing
Change in Median Sales Price from Prior Year (6-Month Average)†
All AllAvondale Avondale
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
+ 140%
1-2009 1-2010 1-2011 1-2012 1-2013
Detached Single-Familyb
a
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
1-2009 1-2010 1-2011 1-2012 1-2013
Attached Single-Familyb
a
in a dot are proportioned according to their share of sales during that period. | Current as of July 1, 2013. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 2 3 + 50.0% 93 85 - 8.6%
Closed Sales 2 3 + 50.0% 48 64 + 33.3%
Median Sales Price* $575,000 $810,000 + 40.9% $450,000 $489,614 + 8.8%
Percent of Original List Price Received* 99.8% 91.0% - 8.8% 90.7% 93.7% + 3.3%
Market Time 328 38 - 88.5% 109 104 - 4.6%
Inventory of Homes for Sale 13 10 - 23.1% -- -- --
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 36 41 + 13.9% 1,015 1,030 + 1.5%
Closed Sales 45 69 + 53.3% 603 719 + 19.2%
Median Sales Price* $130,000 $133,170 + 2.4% $130,000 $150,000 + 15.4%
Percent of Original List Price Received* 88.4% 95.2% + 7.7% 88.4% 94.2% + 6.6%
Local Market Update – December 2013A Research Tool Provided by the Chicago Association of REALTORS®
RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014
Edgewater+ 15.8% + 53.2% - 32.2%
Change inNew ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Detached Single-FamilyDecember Year to Date
Attached Single-FamilyDecember Year to Date
Market Time 121 135 + 10.9% 154 111 - 27.7%
Inventory of Homes for Sale 251 169 - 32.7% -- -- --* 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.
† 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 usedin a dot are proportioned according to their share of sales during that period | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing
Change in Median Sales Price from Prior Year (6-Month Average)†
All AllEdgewater Edgewater
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
1-2009 1-2010 1-2011 1-2012 1-2013
Detached Single-Familyb
a
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2009 1-2010 1-2011 1-2012 1-2013
Attached Single-Familyb
a
in a dot are proportioned according to their share of sales during that period. | Current as of July 1, 2013. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 18 18 0.0% 398 448 + 12.6%
Closed Sales 20 14 - 30.0% 207 273 + 31.9%
Median Sales Price* $305,000 $375,000 + 23.0% $300,000 $353,000 + 17.7%
Percent of Original List Price Received* 98.2% 97.8% - 0.4% 92.8% 96.4% + 3.9%
Market Time 116 82 - 29.5% 123 80 - 35.1%
Inventory of Homes for Sale 69 62 - 10.1% -- -- --
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 16 14 - 12.5% 335 329 - 1.8%
Closed Sales 15 13 - 13.3% 182 251 + 37.9%
Median Sales Price* $94,000 $153,000 + 62.8% $99,000 $136,500 + 37.9%
Percent of Original List Price Received* 89.9% 95.5% + 6.2% 83.8% 96.9% + 15.6%
Local Market Update – December 2013A Research Tool Provided by the Chicago Association of REALTORS®
RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014
Irving Park- 5.9% - 22.9% - 28.0%
Change inNew ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Detached Single-FamilyDecember Year to Date
Attached Single-FamilyDecember Year to Date
Market Time 68 55 - 19.9% 154 95 - 38.1%
Inventory of Homes for Sale 81 46 - 43.2% -- -- --* 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.
† 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 usedin a dot are proportioned according to their share of sales during that period | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing
Change in Median Sales Price from Prior Year (6-Month Average)†
All AllIrving Park Irving Park
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
1-2009 1-2010 1-2011 1-2012 1-2013
Detached Single-Familyb
a
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
+ 60%
1-2009 1-2010 1-2011 1-2012 1-2013
Attached Single-Familyb
a
in a dot are proportioned according to their share of sales during that period. | Current as of July 1, 2013. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 11 17 + 54.5% 313 299 - 4.5%
Closed Sales 7 14 + 100.0% 158 167 + 5.7%
Median Sales Price* $1,115,000 $1,084,500 - 2.7% $1,001,500 $1,080,000 + 7.8%
Percent of Original List Price Received* 93.8% 97.3% + 3.8% 92.9% 96.4% + 3.7%
Market Time 96 66 - 31.1% 129 75 - 42.2%
Inventory of Homes for Sale 42 40 - 4.8% -- -- --
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 80 87 + 8.7% 2,381 3,001 + 26.0%
Closed Sales 114 140 + 22.8% 1,472 1,957 + 32.9%
Median Sales Price* $319,375 $362,000 + 13.3% $315,000 $330,000 + 4.8%
Percent of Original List Price Received* 92.9% 95.3% + 2.6% 92.3% 96.0% + 4.1%
Local Market Update – December 2013A Research Tool Provided by the Chicago Association of REALTORS®
RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014
Lake View+ 14.3% + 27.3% - 4.4%
Change inNew ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Detached Single-FamilyDecember Year to Date
Attached Single-FamilyDecember Year to Date
Market Time 111 71 - 35.9% 143 67 - 52.9%
Inventory of Homes for Sale 369 353 - 4.3% -- -- --* 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.
† 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 usedin a dot are proportioned according to their share of sales during that period | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing
Change in Median Sales Price from Prior Year (6-Month Average)†
All AllLake View Lake View
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2009 1-2010 1-2011 1-2012 1-2013
Detached Single-Familyb
a
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
1-2009 1-2010 1-2011 1-2012 1-2013
Attached Single-Familyb
a
in a dot are proportioned according to their share of sales during that period. | Current as of July 1, 2013. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 13 12 - 7.7% 448 413 - 7.8%
Closed Sales 11 20 + 81.8% 185 216 + 16.8%
Median Sales Price* $1,073,750 $1,500,000 + 39.7% $1,250,000 $1,350,000 + 8.0%
Percent of Original List Price Received* 98.1% 93.0% - 5.2% 91.9% 94.3% + 2.6%
Market Time 76 135 + 77.7% 163 116 - 28.4%
Inventory of Homes for Sale 81 49 - 39.5% -- -- --
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 48 58 + 20.8% 1,650 1,884 + 14.2%
Closed Sales 63 85 + 34.9% 1,008 1,240 + 23.0%
Median Sales Price* $375,000 $480,000 + 28.0% $396,250 $425,000 + 7.3%
Percent of Original List Price Received* 93.7% 95.3% + 1.8% 93.6% 96.2% + 2.8%
Local Market Update – December 2013A Research Tool Provided by the Chicago Association of REALTORS®
RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014
Lincoln Park+ 14.8% + 41.9% - 32.0%
Change inNew ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Detached Single-FamilyDecember Year to Date
Attached Single-FamilyDecember Year to Date
Market Time 132 62 - 53.0% 122 64 - 47.8%
Inventory of Homes for Sale 257 181 - 29.6% -- -- --* 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.
† 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 usedin a dot are proportioned according to their share of sales during that period | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing
Change in Median Sales Price from Prior Year (6-Month Average)†
All AllLincoln Park Lincoln Park
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2009 1-2010 1-2011 1-2012 1-2013
Detached Single-Familyb
a
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
1-2009 1-2010 1-2011 1-2012 1-2013
Attached Single-Familyb
a
in a dot are proportioned according to their share of sales during that period. | Current as of July 1, 2013. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 4 4 0.0% 144 177 + 22.9%
Closed Sales 5 12 + 140.0% 98 125 + 27.6%
Median Sales Price* $460,000 $455,500 - 1.0% $482,500 $582,000 + 20.6%
Percent of Original List Price Received* 87.0% 97.0% + 11.5% 91.7% 97.2% + 6.1%
Market Time 163 30 - 81.4% 135 69 - 49.3%
Inventory of Homes for Sale 22 14 - 36.4% -- -- --
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 11 20 + 81.8% 440 493 + 12.0%
Closed Sales 12 21 + 75.0% 264 329 + 24.6%
Median Sales Price* $198,698 $350,200 + 76.2% $198,750 $247,000 + 24.3%
Percent of Original List Price Received* 88.2% 97.0% + 9.9% 91.8% 95.6% + 4.2%
Local Market Update – December 2013A Research Tool Provided by the Chicago Association of REALTORS®
RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014
Lincoln Square+ 60.0% + 94.1% - 31.7%
Change inNew ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Detached Single-FamilyDecember Year to Date
Attached Single-FamilyDecember Year to Date
Market Time 137 59 - 56.6% 133 86 - 35.3%
Inventory of Homes for Sale 79 55 - 30.4% -- -- --* 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.
† 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 usedin a dot are proportioned according to their share of sales during that period | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing
Change in Median Sales Price from Prior Year (6-Month Average)†
All AllLincoln Square Lincoln Square
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2009 1-2010 1-2011 1-2012 1-2013
Detached Single-Familyb
a
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
1-2009 1-2010 1-2011 1-2012 1-2013
Attached Single-Familyb
a
in a dot are proportioned according to their share of sales during that period. | Current as of July 1, 2013. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 21 12 - 42.9% 374 328 - 12.3%
Closed Sales 27 24 - 11.1% 218 245 + 12.4%
Median Sales Price* $480,630 $402,500 - 16.3% $422,310 $512,000 + 21.2%
Percent of Original List Price Received* 96.7% 98.9% + 2.3% 98.0% 97.6% - 0.5%
Market Time 68 79 + 15.9% 83 89 + 7.4%
Inventory of Homes for Sale 71 32 - 54.9% -- -- --
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 23 18 - 21.7% 608 757 + 24.5%
Closed Sales 28 24 - 14.3% 341 520 + 52.5%
Median Sales Price* $243,500 $308,000 + 26.5% $244,000 $310,000 + 27.0%
Percent of Original List Price Received* 94.8% 95.3% + 0.5% 91.5% 96.3% + 5.2%
Local Market Update – December 2013A Research Tool Provided by the Chicago Association of REALTORS®
RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014
Logan Square- 31.8% - 12.7% - 41.3%
Change inNew ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Detached Single-FamilyDecember Year to Date
Attached Single-FamilyDecember Year to Date
Market Time 92 89 - 3.1% 131 73 - 44.4%
Inventory of Homes for Sale 125 83 - 33.6% -- -- --* 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.
† 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 usedin a dot are proportioned according to their share of sales during that period | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing
Change in Median Sales Price from Prior Year (6-Month Average)†
All AllLogan Square Logan Square
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
1-2009 1-2010 1-2011 1-2012 1-2013
Detached Single-Familyb
a
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2009 1-2010 1-2011 1-2012 1-2013
Attached Single-Familyb
a
in a dot are proportioned according to their share of sales during that period. | Current as of July 1, 2013. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 3 4 + 33.3% 79 107 + 35.4%
Closed Sales 7 5 - 28.6% 27 34 + 25.9%
Median Sales Price* $2,363,000 $1,220,000 - 48.4% $2,000,000 $1,622,500 - 18.9%
Percent of Original List Price Received* 86.3% 89.7% + 4.0% 87.3% 91.1% + 4.4%
Market Time 258 416 + 61.3% 301 260 - 13.4%
Inventory of Homes for Sale 33 37 + 12.1% -- -- --
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 129 183 + 41.9% 3,449 3,984 + 15.5%
Closed Sales 206 186 - 9.7% 2,358 2,673 + 13.4%
Median Sales Price* $441,875 $415,000 - 6.1% $349,450 $380,000 + 8.7%
Percent of Original List Price Received* 93.6% 96.1% + 2.7% 93.5% 96.5% + 3.2%
Local Market Update – December 2013A Research Tool Provided by the Chicago Association of REALTORS®
RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014
Near North Side+ 41.7% - 10.3% - 8.9%
Change inNew ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Detached Single-FamilyDecember Year to Date
Attached Single-FamilyDecember Year to Date
Market Time 143 74 - 48.3% 150 88 - 41.3%
Inventory of Homes for Sale 752 678 - 9.8% -- -- --* 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.
† 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 usedin a dot are proportioned according to their share of sales during that period | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing
Change in Median Sales Price from Prior Year (6-Month Average)†
All AllNear North Side Near North Side
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
+ 140%
+ 160%
+ 180%
1-2009 1-2010 1-2011 1-2012 1-2013
Detached Single-Familyb
a
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2009 1-2010 1-2011 1-2012 1-2013
Attached Single-Familyb
a
in a dot are proportioned according to their share of sales during that period. | Current as of July 1, 2013. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 0 1 -- 14 19 + 35.7%
Closed Sales 0 0 -- 9 10 + 11.1%
Median Sales Price* $0 $0 -- $885,000 $872,500 - 1.4%
Percent of Original List Price Received* 0.0% 0.0% -- 91.7% 95.2% + 3.8%
Market Time 0 0 -- 64 63 - 0.6%
Inventory of Homes for Sale 2 1 - 50.0% -- -- --
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 26 112 + 330.8% 807 1,201 + 48.8%
Closed Sales 39 81 + 107.7% 597 790 + 32.3%
Median Sales Price* $287,000 $373,000 + 30.0% $265,000 $350,000 + 32.1%
Percent of Original List Price Received* 94.3% 98.2% + 4.1% 94.4% 99.1% + 5.0%
Local Market Update – December 2013A Research Tool Provided by the Chicago Association of REALTORS®
RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014
Near South Side+ 334.6% + 107.7% + 5.8%
Change inNew ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Detached Single-FamilyDecember Year to Date
Attached Single-FamilyDecember Year to Date
Market Time 139 41 - 70.3% 130 62 - 52.2%
Inventory of Homes for Sale 153 163 + 6.5% -- -- --* 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.
† 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 usedin a dot are proportioned according to their share of sales during that period | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing
Change in Median Sales Price from Prior Year (6-Month Average)†
All AllNear South Side Near South Side
- 70%
- 60%
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2009 1-2010 1-2011 1-2012 1-2013
Detached Single-Familyb
a
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
1-2009 1-2010 1-2011 1-2012 1-2013
Attached Single-Familyb
a
in a dot are proportioned according to their share of sales during that period. | Current as of July 1, 2013. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 2 2 0.0% 62 64 + 3.2%
Closed Sales 5 2 - 60.0% 25 37 + 48.0%
Median Sales Price* $476,000 $521,125 + 9.5% $325,500 $215,000 - 33.9%
Percent of Original List Price Received* 85.0% 137.8% + 62.2% 93.7% 94.5% + 0.9%
Market Time 78 110 + 41.8% 129 171 + 32.7%
Inventory of Homes for Sale 15 9 - 40.0% -- -- --
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 59 56 - 5.1% 1,320 1,508 + 14.2%
Closed Sales 83 76 - 8.4% 919 1,102 + 19.9%
Median Sales Price* $255,000 $295,750 + 16.0% $247,000 $289,000 + 17.0%
Percent of Original List Price Received* 91.7% 96.7% + 5.5% 92.1% 98.7% + 7.1%
Local Market Update – December 2013A Research Tool Provided by the Chicago Association of REALTORS®
RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014
Near West Side- 4.9% - 11.4% - 28.9%
Change inNew ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Detached Single-FamilyDecember Year to Date
Attached Single-FamilyDecember Year to Date
Market Time 142 61 - 56.8% 137 60 - 56.3%
Inventory of Homes for Sale 224 161 - 28.1% -- -- --* 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.
† 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 usedin a dot are proportioned according to their share of sales during that period | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing
Change in Median Sales Price from Prior Year (6-Month Average)†
All AllNear West Side Near West Side
- 100%
- 50%
0%
+ 50%
+ 100%
+ 150%
+ 200%
+ 250%
+ 300%
+ 350%
+ 400%
+ 450%
1-2009 1-2010 1-2011 1-2012 1-2013
Detached Single-Familyb
a
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2009 1-2010 1-2011 1-2012 1-2013
Attached Single-Familyb
a
in a dot are proportioned according to their share of sales during that period. | Current as of July 1, 2013. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 8 11 + 37.5% 353 361 + 2.3%
Closed Sales 13 12 - 7.7% 190 254 + 33.7%
Median Sales Price* $776,000 $1,094,750 + 41.1% $818,500 $875,000 + 6.9%
Percent of Original List Price Received* 93.2% 95.7% + 2.7% 93.2% 97.3% + 4.4%
Market Time 129 39 - 70.3% 113 60 - 47.0%
Inventory of Homes for Sale 41 25 - 39.0% -- -- --
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 8 11 + 37.5% 441 541 + 22.7%
Closed Sales 20 28 + 40.0% 246 376 + 52.8%
Median Sales Price* $267,450 $377,500 + 41.1% $329,950 $355,000 + 7.6%
Percent of Original List Price Received* 94.5% 96.0% + 1.6% 94.4% 97.4% + 3.2%
Local Market Update – December 2013A Research Tool Provided by the Chicago Association of REALTORS®
RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014
North Center+ 37.5% + 21.2% - 21.6%
Change inNew ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Detached Single-FamilyDecember Year to Date
Attached Single-FamilyDecember Year to Date
Market Time 168 68 - 59.9% 156 72 - 53.8%
Inventory of Homes for Sale 56 51 - 8.9% -- -- --* 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.
† 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 usedin a dot are proportioned according to their share of sales during that period | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing
Change in Median Sales Price from Prior Year (6-Month Average)†
All AllNorth Center North Center
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
1-2009 1-2010 1-2011 1-2012 1-2013
Detached Single-Familyb
a
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
1-2009 1-2010 1-2011 1-2012 1-2013
Attached Single-Familyb
a
in a dot are proportioned according to their share of sales during that period. | Current as of July 1, 2013. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 4 4 0.0% 144 177 + 22.9%
Closed Sales 5 12 + 140.0% 98 125 + 27.6%
Median Sales Price* $460,000 $455,500 - 1.0% $482,500 $582,000 + 20.6%
Percent of Original List Price Received* 87.0% 97.0% + 11.5% 91.7% 97.2% + 6.1%
Market Time 163 30 - 81.4% 135 69 - 49.3%
Inventory of Homes for Sale 22 14 - 36.4% -- -- --
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 11 20 + 81.8% 440 493 + 12.0%
Closed Sales 12 21 + 75.0% 264 329 + 24.6%
Median Sales Price* $198,698 $350,200 + 76.2% $198,750 $247,000 + 24.3%
Percent of Original List Price Received* 88.2% 97.0% + 9.9% 91.8% 95.6% + 4.2%
Local Market Update – December 2013A Research Tool Provided by the Chicago Association of REALTORS®
RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014
Lincoln Square+ 60.0% + 94.1% - 31.7%
Change inNew ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Detached Single-FamilyDecember Year to Date
Attached Single-FamilyDecember Year to Date
Market Time 137 59 - 56.6% 133 86 - 35.3%
Inventory of Homes for Sale 79 55 - 30.4% -- -- --* 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.
† 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 usedin a dot are proportioned according to their share of sales during that period | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing
Change in Median Sales Price from Prior Year (6-Month Average)†
All AllLincoln Square Lincoln Square
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2009 1-2010 1-2011 1-2012 1-2013
Detached Single-Familyb
a
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
1-2009 1-2010 1-2011 1-2012 1-2013
Attached Single-Familyb
a
in a dot are proportioned according to their share of sales during that period. | Current as of July 1, 2013. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 2 2 0.0% 47 52 + 10.6%
Closed Sales 3 2 - 33.3% 35 30 - 14.3%
Median Sales Price* $1,287,500 $510,000 - 60.4% $645,000 $690,000 + 7.0%
Percent of Original List Price Received* 95.4% 95.5% + 0.0% 90.8% 96.9% + 6.7%
Market Time 75 247 + 230.1% 131 115 - 11.8%
Inventory of Homes for Sale 10 7 - 30.0% -- -- --
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 34 49 + 44.1% 1,127 1,233 + 9.4%
Closed Sales 31 52 + 67.7% 556 764 + 37.4%
Median Sales Price* $157,500 $195,000 + 23.8% $185,000 $210,000 + 13.5%
Percent of Original List Price Received* 92.1% 94.8% + 3.0% 89.5% 94.9% + 6.1%
Local Market Update – December 2013A Research Tool Provided by the Chicago Association of REALTORS®
RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014
Uptown+ 41.7% + 58.8% - 19.5%
Change inNew ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Detached Single-FamilyDecember Year to Date
Attached Single-FamilyDecember Year to Date
Market Time 128 104 - 18.5% 150 94 - 37.6%
Inventory of Homes for Sale 241 195 - 19.1% -- -- --* 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.
† 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 usedin a dot are proportioned according to their share of sales during that period | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing
Change in Median Sales Price from Prior Year (6-Month Average)†
All AllUptown Uptown
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
1-2009 1-2010 1-2011 1-2012 1-2013
Detached Single-Familyb
a
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2009 1-2010 1-2011 1-2012 1-2013
Attached Single-Familyb
a
in a dot are proportioned according to their share of sales during that period. | Current as of July 1, 2013. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 19 12 - 36.8% 407 412 + 1.2%
Closed Sales 20 23 + 15.0% 199 262 + 31.7%
Median Sales Price* $491,848 $732,000 + 48.8% $550,000 $690,250 + 25.5%
Percent of Original List Price Received* 94.3% 95.8% + 1.6% 92.8% 97.8% + 5.4%
Market Time 99 57 - 42.0% 147 76 - 48.5%
Inventory of Homes for Sale 78 48 - 38.5% -- -- --
12-2012 12-2013 + / – 12-2012 12-2013 + / –
New Listings 43 75 + 74.4% 1,580 2,011 + 27.3%
Closed Sales 61 90 + 47.5% 951 1,298 + 36.5%
Median Sales Price* $335,000 $399,450 + 19.2% $328,500 $362,700 + 10.4%
Percent of Original List Price Received* 95.5% 97.4% + 1.9% 93.1% 97.0% + 4.2%
Local Market Update – December 2013A Research Tool Provided by the Chicago Association of REALTORS®
RESIDENTIAL ACTIVITY ONLY | Data current as of January 15, 2014
West Town+ 40.3% + 39.5% - 17.4%
Change inNew ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Detached Single-FamilyDecember Year to Date
Attached Single-FamilyDecember Year to Date
Market Time 80 73 - 9.0% 125 62 - 50.9%
Inventory of Homes for Sale 249 222 - 10.8% -- -- --* 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.
† 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 usedin a dot are proportioned according to their share of sales during that period | Current as of July 1 2013 All data from Midwest Real Estate Data Powered by 10K Research and Marketing
Change in Median Sales Price from Prior Year (6-Month Average)†
All AllWest Town West Town
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2009 1-2010 1-2011 1-2012 1-2013
Detached Single-Familyb
a
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
+ 25%
1-2009 1-2010 1-2011 1-2012 1-2013
Attached Single-Familyb
a
in a dot are proportioned according to their share of sales during that period. | Current as of July 1, 2013. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.