march monthly neighborhood market report
DESCRIPTION
City of Chicago Neighborhood Market Guide - March 2016TRANSCRIPT
C I T Y NO R T HA L I C I A O ' T O O L E
R E A L T O R
3 1 2 - 2 5 9 - 9 2 7 3
Y O U R MON T H L Y
N E I G H B O R HOOD
MA R K E T R E P O R T
OToo l eRE@gma i l .coma l i c i ao too l e .ba i rdwa rne r .com
MARCH 2016
Welcome to my Neighborhood Market Guide!
Whether you linked to this guide through my newsletter, social media, or my website, it is my pleasure to provide you with the most up-to-date data for the Chicagoland Region. This guide lists many of the neighborhoods in Chicago, but if you don’t see an area or neighborhood you’re interested in please email me ([email protected]) and I will be happy to provide you with more detailed information.
Inside, you will find data on homes referred to as “Detached Single-Family,” as well as condos and townhomes, “Attached Single-Family.” Each report will detail how our current inventory has shifted over the last month as well as over the course of the last year. You will also see how the median and average sales prices are shifting over the same time frame.
STATE OF THE MARKET
“Now is the time to sell your home if you’ve been thinking about doing that,” said Dan Wagner, president of the Chicago Association of REALTORS® and senior vice president for government relations for The Inland Real Estate Group. “Compared to last year, the median sales price for all closed sales is up about 12% and there is a faster turnaround time between when a home is listed and when it sells.”
Strong buyer demand and a fair winter set the stage for robust annual gains in home sales and median prices in February. With low mortgage rates giving consumers more buying power, this is a good time for current homeowners to think about moving up, listing their homes for sale and tapping into buyer demand.
WHAT TO WATCH
As consumers navigate their options, competition for the best-available properties should be profound, especially if the market remains hobbled by a lack of supply.
New listings are are harder to come by but sellers that do list are seeing quick turn around and increasing
prices, up 26% year over year. Buyers looking now may want to move quick in making their offers.
Median and average sales prices are steadily inching upwards as the market time trends downwards in these
two neighborhoods. With room for prices to continue growing there is value for buyers who move quickly in these emerging areas.
Alicia O’Toole
Inventory remains historically low, down 14.5% over the last year. This lack of investory is particularly apparent in homes on the lower end of the price range. Lack of supply at almost all levels continues to be an issue affecting the market as buyers seek out value. The heart of the selling season has yet to begin, so we’re still optimistically watching for an increase in activity in the coming months.
Alicia O’Toole, Realtor® 312-259-9273 | [email protected]
Average sales prices are way up (58% year over year) while inventory remains steady and list times average under 100 days. A quick moving sellers’ market awaits new development.
Steady Riser: Logan Square
Buyers' Value: Portage Park & Pullman
Hot Now: Humboldt Park
Area Name
Albany Park
Avondale
Edgewater
Humboldt Park
Hyde Park
Irving Park
Lake View
Lincoln Park
Lincoln Square
Logan Square
Loop
Page
4
5
6
7
8
9
10
11
12
13
14
Sub-Neighborhoods
Albany Park
MayFair
North Mayfair
Ravenswood Manor
Avondale
Andersonville
Edgewater
Edgewater Glen
Lakewood/Balmoral
Humboldt Park
Hyde Park
Irving Park
Kilbourn Park
Old Irving Park
The Villa
Boystown
Lakeview East
North Halsted
West Lakeview
Wrigleyville
DePaul
Old Town Triangle
Park West
Lincoln Central
Lincoln Park
Ranch Triangle
Sheffield
Lincoln Square
Bowmanville
Ravenswood
Ravenswood Gardens
Logan Square
Bucktown
Palmer Square
The Loop
New Eastside
Printer’s Row
South Loop
Area Name
Near North Side
Near South Side
Near West Side
North Center
North Park
Portage Park
Pullman
Rogers Park
Uptown
West Town
Page
14
15
16
17
18
19
20
21
22
23
Sub-Neighborhoods
Old Town
Gold Coast
Near North Side
Magnificent Mile
River North
Streeterville
Dearborn Park
Near South Side
Museum Park
Prairie Ave Historic District
Columbus Circle
Greektown
Little Italy
Medical Center
Near West Side
Fulton River District
University Village
Tri-Taylor
Landmark Village
Northcenter
Roscoe Villiage
Saint Ben’s
Northeastern
North Park
Portage Park
Kilbourn Park
North Pullman
Pullman Historic District
Loyola
Rogers Park
Clarendon Park
Buena Park
Sheridan Park
Uptown
Logan Square
Noble Square
River West
Ukrainian Village
Wicker Park
Chicago Neighborhood Directory
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 18 21 + 16.7% 268 296 + 10.4%
Under Contract (includes Contingent and Pending) 15 11 - 26.7% 136 163 + 19.9%
Closed Sales 10 6 - 40.0% 126 160 + 27.0%
Median Sales Price* $318,750 $415,000 + 30.2% $313,625 $343,750 + 9.6%
Average Sales Price* $346,150 $379,083 + 9.5% $348,265 $380,847 + 9.4%
Percent of Original List Price Received* 93.5% 92.9% - 0.6% 95.6% 94.7% - 0.9%
Average Market Time 102 149 + 46.1% 78 103 + 32.1%
Inventory of Homes for Sale at Month End 46 31 - 32.6% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 27 32 + 18.5% 286 358 + 25.2%
Under Contract (includes Contingent and Pending) 17 22 + 29.4% 153 189 + 23.5%
Closed Sales 11 9 - 18.2% 153 172 + 12.4%
Median Sales Price* $165,000 $178,000 + 7.9% $142,500 $164,500 + 15.4%
Average Sales Price* $181,814 $176,211 - 3.1% $144,953 $169,787 + 17.1%
Percent of Original List Price Received* 88.5% 89.2% + 0.8% 92.0% 93.5% + 1.6%
Average Market Time 90 95 + 5.6% 91 91 0.0%
Inventory of Homes for Sale at Month End 59 44 - 25.4% -- -- --* 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)**
8014 - CHI - Albany Park
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8014 - CHI - Albany Park
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 28.6%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Albany Park
+ 17.8% - 28.6%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
+ 60%
+ 70%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 80%
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
Local Market Update RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 13 19 + 46.2% 194 224 + 15.5%
Under Contract (includes Contingent and Pending) 8 9 + 12.5% 114 112 - 1.8%
Closed Sales 6 5 - 16.7% 116 109 - 6.0%
Median Sales Price* $239,700 $419,000 + 74.8% $393,750 $374,500 - 4.9%
Average Sales Price* $299,067 $391,900 + 31.0% $394,202 $391,690 - 0.6%
Percent of Original List Price Received* 96.7% 93.4% - 3.4% 97.8% 95.9% - 1.9%
Average Market Time 81 233 + 187.7% 49 76 + 55.1%
Inventory of Homes for Sale at Month End 28 34 + 21.4% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 21 22 + 4.8% 276 229 - 17.0%
Under Contract (includes Contingent and Pending) 17 13 - 23.5% 155 150 - 3.2%
Closed Sales 14 7 - 50.0% 154 158 + 2.6%
Median Sales Price* $279,000 $259,000 - 7.2% $311,750 $270,000 - 13.4%
Average Sales Price* $307,578 $276,143 - 10.2% $285,318 $273,686 - 4.1%
Percent of Original List Price Received* 95.5% 96.9% + 1.5% 97.3% 97.8% + 0.5%
Average Market Time 103 93 - 9.7% 88 54 - 38.6%
Inventory of Homes for Sale at Month End 35 27 - 22.9% -- -- --* 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)**
8021 - CHI - Avondale
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8021 - CHI - Avondale
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 3.2%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
AvondaleLocal Market Update
+ 20.6% - 40.0%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
+ 140%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 8 18 + 125.0% 151 176 + 16.6%
Under Contract (includes Contingent and Pending) 7 6 - 14.3% 66 86 + 30.3%
Closed Sales 1 6 + 500.0% 64 82 + 28.1%
Median Sales Price* $720,000 $1,108,448 + 54.0% $615,750 $641,250 + 4.1%
Average Sales Price* $720,000 $856,566 + 19.0% $664,602 $713,006 + 7.3%
Percent of Original List Price Received* 97.6% 97.2% - 0.4% 94.9% 95.8% + 0.9%
Average Market Time 24 235 + 879.2% 40 95 + 137.5%
Inventory of Homes for Sale at Month End 24 20 - 16.7% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 100 107 + 7.0% 1,282 1,276 - 0.5%
Under Contract (includes Contingent and Pending) 48 82 + 70.8% 677 788 + 16.4%
Closed Sales 32 39 + 21.9% 681 748 + 9.8%
Median Sales Price* $148,500 $195,000 + 31.3% $172,500 $195,000 + 13.0%
Average Sales Price* $179,296 $230,773 + 28.7% $198,732 $217,525 + 9.5%
Percent of Original List Price Received* 91.3% 94.3% + 3.3% 94.4% 93.6% - 0.8%
Average Market Time 106 119 + 12.3% 77 90 + 16.9%
Inventory of Homes for Sale at Month End 270 207 - 23.3% -- -- --* 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)**
8077 - CHI - Edgewater
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8077 - CHI - Edgewater
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 22.8%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
EdgewaterLocal Market Update
+ 15.7% + 36.4%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 22 22 0.0% 235 261 + 11.1%
Under Contract (includes Contingent and Pending) 12 16 + 33.3% 129 149 + 15.5%
Closed Sales 6 7 + 16.7% 129 139 + 7.8%
Median Sales Price* $39,500 $104,900 + 165.6% $85,288 $134,900 + 58.2%
Average Sales Price* $83,067 $105,486 + 27.0% $119,697 $171,135 + 43.0%
Percent of Original List Price Received* 81.9% 87.4% + 6.7% 101.9% 96.1% - 5.7%
Average Market Time 71 93 + 31.0% 69 80 + 15.9%
Inventory of Homes for Sale at Month End 54 55 + 1.9% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 8 1 - 87.5% 77 41 - 46.8%
Under Contract (includes Contingent and Pending) 6 3 - 50.0% 33 27 - 18.2%
Closed Sales 3 2 - 33.3% 32 29 - 9.4%
Median Sales Price* $161,000 $68,000 - 57.8% $83,625 $191,000 + 128.4%
Average Sales Price* $126,633 $68,000 - 46.3% $120,181 $204,974 + 70.6%
Percent of Original List Price Received* 92.9% 89.0% - 4.2% 90.8% 96.0% + 5.7%
Average Market Time 126 134 + 6.3% 100 85 - 15.0%
Inventory of Homes for Sale at Month End 17 3 - 82.4% -- -- --* 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)**
8023 - CHI - Humboldt Park
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8023 - CHI - Humboldt Park
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 18.3%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Humboldt ParkLocal Market Update
- 23.3% 0.0%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 80%
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 500%
0%
+ 500%
+ 1000%
+ 1500%
+ 2000%
+ 2500%
+ 3000%
+ 3500%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 4 5 + 25.0% 48 50 + 4.2%
Under Contract (includes Contingent and Pending) 1 5 + 400.0% 21 32 + 52.4%
Closed Sales 3 0 - 100.0% 20 29 + 45.0%
Median Sales Price* $875,000 $0 - 100.0% $877,500 $805,000 - 8.3%
Average Sales Price* $875,000 $0 - 100.0% $967,450 $819,138 - 15.3%
Percent of Original List Price Received* 82.7% 0.0% - 100.0% 86.3% 91.3% + 5.8%
Average Market Time 146 0 - 100.0% 125 138 + 10.4%
Inventory of Homes for Sale at Month End 15 10 - 33.3% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 31 33 + 6.5% 486 436 - 10.3%
Under Contract (includes Contingent and Pending) 18 22 + 22.2% 210 289 + 37.6%
Closed Sales 11 14 + 27.3% 208 281 + 35.1%
Median Sales Price* $225,000 $168,000 - 25.3% $151,000 $163,000 + 7.9%
Average Sales Price* $202,131 $205,750 + 1.8% $207,441 $203,823 - 1.7%
Percent of Original List Price Received* 84.6% 94.5% + 11.7% 87.3% 89.9% + 3.0%
Average Market Time 217 113 - 47.9% 140 148 + 5.7%
Inventory of Homes for Sale at Month End 159 102 - 35.8% -- -- --* 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)**
8041 - CHI - Hyde Park
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8041 - CHI - Hyde Park
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 35.6%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Hyde ParkLocal Market Update
+ 8.6% 0.0%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
+ 140%
+ 160%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
+ 60%
+ 70%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 33 55 + 66.7% 463 618 + 33.5%
Under Contract (includes Contingent and Pending) 21 33 + 57.1% 221 312 + 41.2%
Closed Sales 9 13 + 44.4% 220 280 + 27.3%
Median Sales Price* $498,750 $450,000 - 9.8% $398,450 $437,000 + 9.7%
Average Sales Price* $472,498 $495,154 + 4.8% $435,372 $465,275 + 6.9%
Percent of Original List Price Received* 90.0% 91.9% + 2.1% 95.8% 95.0% - 0.8%
Average Market Time 60 104 + 73.3% 72 74 + 2.8%
Inventory of Homes for Sale at Month End 70 81 + 15.7% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 37 42 + 13.5% 398 474 + 19.1%
Under Contract (includes Contingent and Pending) 15 39 + 160.0% 219 272 + 24.2%
Closed Sales 9 15 + 66.7% 213 238 + 11.7%
Median Sales Price* $155,000 $150,000 - 3.2% $164,000 $175,450 + 7.0%
Average Sales Price* $155,610 $168,453 + 8.3% $177,677 $201,333 + 13.3%
Percent of Original List Price Received* 81.2% 90.6% + 11.6% 94.5% 93.6% - 1.0%
Average Market Time 130 91 - 30.0% 78 88 + 12.8%
Inventory of Homes for Sale at Month End 84 64 - 23.8% -- -- --* 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)**
8016 - CHI - Irving Park
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8016 - CHI - Irving Park
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 5.8%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Irving ParkLocal Market Update
+ 38.6% + 55.6%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
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 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 29 58 + 100.0% 370 429 + 15.9%
Under Contract (includes Contingent and Pending) 15 14 - 6.7% 177 148 - 16.4%
Closed Sales 10 7 - 30.0% 165 160 - 3.0%
Median Sales Price* $1,177,500 $750,000 - 36.3% $1,233,500 $1,342,500 + 8.8%
Average Sales Price* $1,246,114 $927,143 - 25.6% $1,309,051 $1,472,386 + 12.5%
Percent of Original List Price Received* 91.5% 93.8% + 2.5% 96.1% 95.3% - 0.8%
Average Market Time 281 88 - 68.7% 76 95 + 25.0%
Inventory of Homes for Sale at Month End 56 90 + 60.7% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 325 343 + 5.5% 3,479 3,431 - 1.4%
Under Contract (includes Contingent and Pending) 186 216 + 16.1% 1,844 2,111 + 14.5%
Closed Sales 91 90 - 1.1% 1,821 2,063 + 13.3%
Median Sales Price* $297,000 $320,000 + 7.7% $349,000 $342,000 - 2.0%
Average Sales Price* $331,245 $366,886 + 10.8% $370,352 $371,029 + 0.2%
Percent of Original List Price Received* 94.6% 96.1% + 1.6% 95.9% 96.3% + 0.4%
Average Market Time 103 116 + 12.6% 68 76 + 11.8%
Inventory of Homes for Sale at Month End 522 420 - 19.5% -- -- --* 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)**
8006 - CHI - Lake View
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8006 - CHI - Lake View
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 11.8%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Lake ViewLocal Market Update
+ 13.3% - 4.0%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
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 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 40 64 + 60.0% 508 573 + 12.8%
Under Contract (includes Contingent and Pending) 15 19 + 26.7% 197 207 + 5.1%
Closed Sales 10 8 - 20.0% 200 201 + 0.5%
Median Sales Price* $1,775,000 $1,125,000 - 36.6% $1,578,750 $1,600,000 + 1.3%
Average Sales Price* $1,999,925 $2,141,500 + 7.1% $1,823,073 $1,938,523 + 6.3%
Percent of Original List Price Received* 93.5% 93.4% - 0.1% 95.0% 94.3% - 0.7%
Average Market Time 121 132 + 9.1% 106 131 + 23.6%
Inventory of Homes for Sale at Month End 105 112 + 6.7% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 192 207 + 7.8% 2,270 2,312 + 1.9%
Under Contract (includes Contingent and Pending) 124 96 - 22.6% 1,265 1,289 + 1.9%
Closed Sales 61 60 - 1.6% 1,259 1,293 + 2.7%
Median Sales Price* $417,000 $507,500 + 21.7% $432,500 $450,000 + 4.0%
Average Sales Price* $503,462 $547,780 + 8.8% $523,797 $511,241 - 2.4%
Percent of Original List Price Received* 95.2% 96.3% + 1.2% 96.4% 96.5% + 0.1%
Average Market Time 101 89 - 11.9% 61 62 + 1.6%
Inventory of Homes for Sale at Month End 275 281 + 2.2% -- -- --* 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)**
8007 - CHI - Lincoln Park
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8007 - CHI - Lincoln Park
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
+ 3.4%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Lincoln ParkLocal Market Update
+ 16.8% - 4.2%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
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 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 24 31 + 29.2% 194 252 + 29.9%
Under Contract (includes Contingent and Pending) 14 11 - 21.4% 105 115 + 9.5%
Closed Sales 7 2 - 71.4% 100 117 + 17.0%
Median Sales Price* $929,500 $872,500 - 6.1% $577,500 $678,500 + 17.5%
Average Sales Price* $948,993 $872,500 - 8.1% $678,596 $736,556 + 8.5%
Percent of Original List Price Received* 97.0% 97.0% 0.0% 96.4% 96.0% - 0.4%
Average Market Time 86 122 + 41.9% 59 64 + 8.5%
Inventory of Homes for Sale at Month End 32 44 + 37.5% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 45 58 + 28.9% 623 620 - 0.5%
Under Contract (includes Contingent and Pending) 30 31 + 3.3% 338 324 - 4.1%
Closed Sales 21 4 - 81.0% 317 334 + 5.4%
Median Sales Price* $225,000 $308,000 + 36.9% $269,000 $254,000 - 5.6%
Average Sales Price* $292,376 $371,500 + 27.1% $276,652 $276,470 - 0.1%
Percent of Original List Price Received* 92.4% 96.4% + 4.3% 95.5% 95.2% - 0.3%
Average Market Time 166 136 - 18.1% 62 68 + 9.7%
Inventory of Homes for Sale at Month End 80 99 + 23.8% -- -- --* 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)**
8004 - CHI - Lincoln Square
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8004 - CHI - Lincoln Square
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
+ 27.7%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Lincoln SquareLocal Market Update
+ 29.0% - 78.6%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
+ 60%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 46 37 - 19.6% 480 481 + 0.2%
Under Contract (includes Contingent and Pending) 33 22 - 33.3% 276 269 - 2.5%
Closed Sales 16 13 - 18.8% 261 280 + 7.3%
Median Sales Price* $417,500 $474,000 + 13.5% $525,000 $663,250 + 26.3%
Average Sales Price* $495,490 $696,067 + 40.5% $647,360 $707,205 + 9.2%
Percent of Original List Price Received* 95.5% 93.3% - 2.3% 98.4% 98.1% - 0.3%
Average Market Time 84 111 + 32.1% 49 66 + 34.7%
Inventory of Homes for Sale at Month End 61 52 - 14.8% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 60 89 + 48.3% 908 924 + 1.8%
Under Contract (includes Contingent and Pending) 54 63 + 16.7% 555 619 + 11.5%
Closed Sales 23 32 + 39.1% 537 607 + 13.0%
Median Sales Price* $399,800 $399,500 - 0.1% $321,500 $330,000 + 2.6%
Average Sales Price* $436,700 $388,553 - 11.0% $345,739 $360,378 + 4.2%
Percent of Original List Price Received* 96.0% 96.6% + 0.6% 96.6% 96.5% - 0.1%
Average Market Time 126 83 - 34.1% 65 49 - 24.6%
Inventory of Homes for Sale at Month End 91 73 - 19.8% -- -- --* 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)**
8022 - CHI - Logan Square
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8022 - CHI - Logan Square
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 17.8%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Logan SquareLocal Market Update
+ 18.9% + 15.4%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 0 0 -- 2 0 - 100.0%
Under Contract (includes Contingent and Pending) 0 0 -- 0 0 --
Closed Sales 0 0 -- 0 0 --
Median Sales Price* $0 $0 -- $0 $0 --
Average Sales Price* $0 $0 -- $0 $0 --
Percent of Original List Price Received* 0.0% 0.0% -- 0.0% 0.0% --
Average Market Time 0 0 -- 0 0 --
Inventory of Homes for Sale at Month End 0 0 -- -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 116 145 + 25.0% 1,329 1,497 + 12.6%
Under Contract (includes Contingent and Pending) 52 74 + 42.3% 763 848 + 11.1%
Closed Sales 36 39 + 8.3% 769 814 + 5.9%
Median Sales Price* $379,500 $297,000 - 21.7% $349,900 $340,000 - 2.8%
Average Sales Price* $545,594 $425,318 - 22.0% $475,814 $491,285 + 3.3%
Percent of Original List Price Received* 95.3% 97.6% + 2.4% 96.2% 96.5% + 0.3%
Average Market Time 81 114 + 40.7% 90 85 - 5.6%
Inventory of Homes for Sale at Month End 276 242 - 12.3% -- -- --* 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)**
8032 - CHI - Loop
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8032 - CHI - Loop
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 12.3%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
LoopLocal Market Update
+ 25.0% + 8.3%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
+ 15%
+ 20%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 4 8 + 100.0% 97 103 + 6.2%
Under Contract (includes Contingent and Pending) 4 4 0.0% 32 27 - 15.6%
Closed Sales 2 5 + 150.0% 30 31 + 3.3%
Median Sales Price* $1,352,500 $2,030,000 + 50.1% $2,087,500 $2,225,000 + 6.6%
Average Sales Price* $1,352,500 $1,942,000 + 43.6% $2,636,180 $2,272,097 - 13.8%
Percent of Original List Price Received* 95.0% 84.2% - 11.4% 93.2% 91.3% - 2.0%
Average Market Time 11 186 + 1,590.9% 212 181 - 14.6%
Inventory of Homes for Sale at Month End 31 33 + 6.5% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 439 471 + 7.3% 4,728 5,028 + 6.3%
Under Contract (includes Contingent and Pending) 245 243 - 0.8% 2,604 2,848 + 9.4%
Closed Sales 132 147 + 11.4% 2,562 2,764 + 7.9%
Median Sales Price* $358,125 $400,000 + 11.7% $386,000 $400,000 + 3.6%
Average Sales Price* $511,751 $550,050 + 7.5% $555,509 $552,379 - 0.6%
Percent of Original List Price Received* 95.2% 95.9% + 0.7% 95.9% 96.2% + 0.3%
Average Market Time 110 105 - 4.5% 84 88 + 4.8%
Inventory of Homes for Sale at Month End 928 892 - 3.9% -- -- --* 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)**
8008 - CHI - Near North Side
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8008 - CHI - Near North Side
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 3.5%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Near North SideLocal Market Update
+ 8.1% + 13.4%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 100%
- 50%
0%
+ 50%
+ 100%
+ 150%
+ 200%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 1 0 - 100.0% 9 6 - 33.3%
Under Contract (includes Contingent and Pending) 0 1 -- 7 4 - 42.9%
Closed Sales 0 1 -- 8 3 - 62.5%
Median Sales Price* $0 $820,000 -- $1,027,500 $1,200,000 + 16.8%
Average Sales Price* $0 $820,000 -- $1,143,500 $1,306,667 + 14.3%
Percent of Original List Price Received* 0.0% 94.4% -- 93.1% 84.8% - 8.9%
Average Market Time 0 189 -- 44 171 + 288.6%
Inventory of Homes for Sale at Month End 1 0 - 100.0% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 129 125 - 3.1% 1,282 1,502 + 17.2%
Under Contract (includes Contingent and Pending) 70 109 + 55.7% 760 961 + 26.4%
Closed Sales 39 53 + 35.9% 760 920 + 21.1%
Median Sales Price* $358,000 $359,000 + 0.3% $377,500 $360,000 - 4.6%
Average Sales Price* $452,591 $390,887 - 13.6% $449,196 $421,329 - 6.2%
Percent of Original List Price Received* 97.7% 97.1% - 0.6% 98.3% 99.4% + 1.1%
Average Market Time 63 111 + 76.2% 68 74 + 8.8%
Inventory of Homes for Sale at Month End 190 156 - 17.9% -- -- --* 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)**
8033 - CHI - Near South Side
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8033 - CHI - Near South Side
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 18.3%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Near South SideLocal Market Update
- 3.8% + 38.5%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 70%
- 60%
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 5 2 - 60.0% 75 96 + 28.0%
Under Contract (includes Contingent and Pending) 4 4 0.0% 27 53 + 96.3%
Closed Sales 1 2 + 100.0% 24 46 + 91.7%
Median Sales Price* $370,000 $272,000 - 26.5% $357,100 $339,000 - 5.1%
Average Sales Price* $370,000 $272,000 - 26.5% $453,730 $391,795 - 13.7%
Percent of Original List Price Received* 97.4% 96.4% - 1.0% 96.7% 95.9% - 0.8%
Average Market Time 59 156 + 164.4% 69 107 + 55.1%
Inventory of Homes for Sale at Month End 13 10 - 23.1% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 123 142 + 15.4% 1,555 1,555 0.0%
Under Contract (includes Contingent and Pending) 112 104 - 7.1% 1,042 1,139 + 9.3%
Closed Sales 76 54 - 28.9% 1,078 1,137 + 5.5%
Median Sales Price* $316,500 $325,550 + 2.9% $320,000 $329,000 + 2.8%
Average Sales Price* $351,800 $364,332 + 3.6% $364,863 $388,231 + 6.4%
Percent of Original List Price Received* 95.5% 97.4% + 2.0% 98.7% 98.9% + 0.2%
Average Market Time 74 60 - 18.9% 55 50 - 9.1%
Inventory of Homes for Sale at Month End 178 157 - 11.8% -- -- --* 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)**
8028 - CHI - Near West Side
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8028 - CHI - Near West Side
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 12.6%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Near West SideLocal Market Update
+ 12.5% - 27.3%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 100%
- 50%
0%
+ 50%
+ 100%
+ 150%
+ 200%
+ 250%
+ 300%
+ 350%
+ 400%
+ 450%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 43 55 + 27.9% 442 548 + 24.0%
Under Contract (includes Contingent and Pending) 25 22 - 12.0% 213 229 + 7.5%
Closed Sales 9 10 + 11.1% 209 228 + 9.1%
Median Sales Price* $1,227,500 $855,000 - 30.3% $910,000 $1,006,250 + 10.6%
Average Sales Price* $1,117,733 $914,990 - 18.1% $945,200 $1,052,907 + 11.4%
Percent of Original List Price Received* 96.0% 95.5% - 0.5% 96.9% 95.5% - 1.4%
Average Market Time 69 67 - 2.9% 53 83 + 56.6%
Inventory of Homes for Sale at Month End 61 81 + 32.8% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 78 72 - 7.7% 700 728 + 4.0%
Under Contract (includes Contingent and Pending) 37 52 + 40.5% 374 433 + 15.8%
Closed Sales 25 24 - 4.0% 354 433 + 22.3%
Median Sales Price* $349,950 $397,500 + 13.6% $382,500 $390,000 + 2.0%
Average Sales Price* $364,177 $399,433 + 9.7% $388,883 $404,868 + 4.1%
Percent of Original List Price Received* 94.7% 96.1% + 1.5% 96.6% 97.4% + 0.8%
Average Market Time 86 89 + 3.5% 60 57 - 5.0%
Inventory of Homes for Sale at Month End 90 77 - 14.4% -- -- --* 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)**
8005 - CHI - North Center
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8005 - CHI - North Center
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
+ 4.6%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
North CenterLocal Market Update
+ 5.0% 0.0%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
+ 50%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
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 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 12 6 - 50.0% 143 138 - 3.5%
Under Contract (includes Contingent and Pending) 4 10 + 150.0% 68 89 + 30.9%
Closed Sales 5 5 0.0% 69 84 + 21.7%
Median Sales Price* $271,500 $380,000 + 40.0% $295,000 $332,500 + 12.7%
Average Sales Price* $267,930 $331,000 + 23.5% $315,956 $348,950 + 10.4%
Percent of Original List Price Received* 92.9% 88.7% - 4.5% 93.1% 94.4% + 1.4%
Average Market Time 50 137 + 174.0% 83 75 - 9.6%
Inventory of Homes for Sale at Month End 25 11 - 56.0% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 3 7 + 133.3% 80 98 + 22.5%
Under Contract (includes Contingent and Pending) 5 6 + 20.0% 55 64 + 16.4%
Closed Sales 4 1 - 75.0% 54 60 + 11.1%
Median Sales Price* $131,500 $170,000 + 29.3% $163,000 $169,250 + 3.8%
Average Sales Price* $125,888 $170,000 + 35.0% $161,326 $177,392 + 10.0%
Percent of Original List Price Received* 90.1% 98.8% + 9.7% 96.3% 94.7% - 1.7%
Average Market Time 93 8 - 91.4% 113 78 - 31.0%
Inventory of Homes for Sale at Month End 16 15 - 6.3% -- -- --* 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)**
8013 - CHI - North Park
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8013 - CHI - North Park
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 36.6%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
North ParkLocal Market Update
- 13.3% - 33.3%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 80%
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
+ 140%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 56 53 - 5.4% 729 806 + 10.6%
Under Contract (includes Contingent and Pending) 29 47 + 62.1% 394 457 + 16.0%
Closed Sales 25 33 + 32.0% 388 419 + 8.0%
Median Sales Price* $210,000 $265,000 + 26.2% $248,250 $257,000 + 3.5%
Average Sales Price* $260,344 $298,040 + 14.5% $262,191 $281,174 + 7.2%
Percent of Original List Price Received* 91.7% 95.4% + 4.0% 94.9% 94.4% - 0.5%
Average Market Time 141 98 - 30.5% 74 82 + 10.8%
Inventory of Homes for Sale at Month End 121 86 - 28.9% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 10 10 0.0% 115 163 + 41.7%
Under Contract (includes Contingent and Pending) 3 10 + 233.3% 84 97 + 15.5%
Closed Sales 1 6 + 500.0% 93 85 - 8.6%
Median Sales Price* $129,000 $154,745 + 20.0% $97,000 $137,000 + 41.2%
Average Sales Price* $129,000 $208,915 + 61.9% $108,793 $174,173 + 60.1%
Percent of Original List Price Received* 95.6% 89.0% - 6.9% 96.2% 92.8% - 3.5%
Average Market Time 60 154 + 156.7% 109 69 - 36.7%
Inventory of Homes for Sale at Month End 22 24 + 9.1% -- -- --* 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)**
8015 - CHI - Portage Park
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8015 - CHI - Portage Park
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 23.1%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Portage ParkLocal Market Update
- 4.5% + 50.0%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 80%
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 3 3 0.0% 69 67 - 2.9%
Under Contract (includes Contingent and Pending) 3 2 - 33.3% 46 33 - 28.3%
Closed Sales 3 0 - 100.0% 40 37 - 7.5%
Median Sales Price* $34,900 $0 - 100.0% $47,000 $82,200 + 74.9%
Average Sales Price* $37,800 $0 - 100.0% $63,611 $82,226 + 29.3%
Percent of Original List Price Received* 93.5% 0.0% - 100.0% 84.7% 90.1% + 6.4%
Average Market Time 23 0 - 100.0% 185 102 - 44.9%
Inventory of Homes for Sale at Month End 18 16 - 11.1% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 2 2 0.0% 25 27 + 8.0%
Under Contract (includes Contingent and Pending) 0 0 -- 11 20 + 81.8%
Closed Sales 0 1 -- 12 22 + 83.3%
Median Sales Price* $0 $25,000 -- $42,500 $29,500 - 30.6%
Average Sales Price* $0 $25,000 -- $40,667 $47,366 + 16.5%
Percent of Original List Price Received* 0.0% 86.2% -- 90.4% 90.5% + 0.1%
Average Market Time 0 22 -- 152 133 - 12.5%
Inventory of Homes for Sale at Month End 10 4 - 60.0% -- -- --* 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)**
8050 - CHI - Pullman
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8050 - CHI - Pullman
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 28.6%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
PullmanLocal Market Update
0.0% - 66.7%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 150%
- 100%
- 50%
0%
+ 50%
+ 100%
+ 150%
+ 200%
+ 250%
+ 300%
+ 350%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 7 9 + 28.6% 65 90 + 38.5%
Under Contract (includes Contingent and Pending) 1 4 + 300.0% 37 43 + 16.2%
Closed Sales 0 6 -- 38 40 + 5.3%
Median Sales Price* $0 $486,000 -- $365,000 $467,500 + 28.1%
Average Sales Price* $0 $482,667 -- $384,294 $470,977 + 22.6%
Percent of Original List Price Received* 0.0% 94.3% -- 94.0% 95.2% + 1.3%
Average Market Time 0 104 -- 76 86 + 13.2%
Inventory of Homes for Sale at Month End 10 18 + 80.0% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 53 70 + 32.1% 697 766 + 9.9%
Under Contract (includes Contingent and Pending) 25 48 + 92.0% 387 441 + 14.0%
Closed Sales 28 26 - 7.1% 416 408 - 1.9%
Median Sales Price* $155,000 $126,500 - 18.4% $122,532 $150,050 + 22.5%
Average Sales Price* $138,936 $152,271 + 9.6% $141,915 $164,366 + 15.8%
Percent of Original List Price Received* 93.9% 90.8% - 3.3% 94.8% 93.7% - 1.2%
Average Market Time 96 99 + 3.1% 78 101 + 29.5%
Inventory of Homes for Sale at Month End 168 136 - 19.0% -- -- --* 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)**
8001 - CHI - Rogers Park
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8001 - CHI - Rogers Park
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 13.5%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
Rogers ParkLocal Market Update
+ 31.7% + 14.3%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
+ 120%
+ 140%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 80%
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 7 10 + 42.9% 69 85 + 23.2%
Under Contract (includes Contingent and Pending) 2 4 + 100.0% 32 30 - 6.3%
Closed Sales 3 1 - 66.7% 35 28 - 20.0%
Median Sales Price* $912,500 $710,000 - 22.2% $850,000 $722,500 - 15.0%
Average Sales Price* $832,467 $710,000 - 14.7% $860,089 $810,751 - 5.7%
Percent of Original List Price Received* 82.8% 97.3% + 17.5% 96.9% 93.6% - 3.4%
Average Market Time 170 52 - 69.4% 77 62 - 19.5%
Inventory of Homes for Sale at Month End 12 18 + 50.0% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 125 128 + 2.4% 1,499 1,420 - 5.3%
Under Contract (includes Contingent and Pending) 75 96 + 28.0% 761 824 + 8.3%
Closed Sales 37 37 0.0% 745 792 + 6.3%
Median Sales Price* $184,000 $248,000 + 34.8% $225,000 $238,000 + 5.8%
Average Sales Price* $197,835 $245,214 + 23.9% $233,850 $243,161 + 4.0%
Percent of Original List Price Received* 91.8% 95.1% + 3.6% 94.6% 94.5% - 0.1%
Average Market Time 137 102 - 25.5% 87 90 + 3.4%
Inventory of Homes for Sale at Month End 254 168 - 33.9% -- -- --* 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)**
8003 - CHI - Uptown
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8003 - CHI - Uptown
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 30.1%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
UptownLocal Market Update
+ 4.5% - 5.0%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 60%
- 40%
- 20%
0%
+ 20%
+ 40%
+ 60%
+ 80%
+ 100%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Detached Single-Familyb
a
- 50%
- 40%
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
Attached Single-Familyb
a
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 27 41 + 51.9% 461 463 + 0.4%
Under Contract (includes Contingent and Pending) 16 21 + 31.3% 228 248 + 8.8%
Closed Sales 12 18 + 50.0% 221 248 + 12.2%
Median Sales Price* $865,000 $744,250 - 14.0% $790,000 $844,500 + 6.9%
Average Sales Price* $950,150 $776,949 - 18.2% $863,023 $916,259 + 6.2%
Percent of Original List Price Received* 94.2% 98.3% + 4.4% 96.9% 97.6% + 0.7%
Average Market Time 85 100 + 17.6% 71 61 - 14.1%
Inventory of Homes for Sale at Month End 53 62 + 17.0% -- -- --
2-2015 2-2016 + / – 2-2015 2-2016 + / –
New Listings 178 201 + 12.9% 2,412 2,391 - 0.9%
Under Contract (includes Contingent and Pending) 147 165 + 12.2% 1,419 1,526 + 7.5%
Closed Sales 57 65 + 14.0% 1,373 1,530 + 11.4%
Median Sales Price* $385,000 $416,000 + 8.1% $389,000 $410,000 + 5.4%
Average Sales Price* $392,149 $418,525 + 6.7% $408,757 $434,601 + 6.3%
Percent of Original List Price Received* 96.6% 95.3% - 1.3% 97.0% 97.8% + 0.8%
Average Market Time 89 79 - 11.2% 56 56 0.0%
Inventory of Homes for Sale at Month End 251 204 - 18.7% -- -- --* 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)**
8024 - CHI - West Town
All MLS
** 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 areproportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by ShowingTime 10K.
All MLS
8024 - CHI - West Town
February Trailing 12 MonthsAttached Single-Family
February Trailing 12 MonthsDetached Single-Family
- 12.5%Change in
New ListingsAll Properties
Change inClosed SalesAll Properties
Change in Inventory of Homes
All Properties
West TownLocal Market Update
+ 18.0% + 20.3%
RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2016
- 30%
- 20%
- 10%
0%
+ 10%
+ 20%
+ 30%
+ 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016
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 1-2014 1-2015 1-2016
Attached Single-Familyb
a