Monthly Indicators

A RESEARCH TOOL REFLECTING RESIDENTIAL REAL ESTATE ACTIVITY WITHIN

THE 77 OFFICIALLY DEFINED CHICAGO COMMUNITY AREAS PROVIDED BY THE
CHICAGO ASSOCIATION OF REALTORS®

November 2018 Quick Facts

The booming U.S. economy continues to prop up home sales and new listings in
much of the nation, although housing affordability remains a concern. Historically, - 7.2% - 2.5% + 2.3%
housing is still relatively affordable. Although Freddie Mac recently reported that the
30-year fixed rate is at its highest average in seven years, reaching 4.94 percent,
1-Year Change in 1-Year Change in 1-Year Change in
average rates were 5.97 percent ten years ago, 6.78 percent 20 years ago and 10.39 Closed Sales Homes for Sale Median Sales Price
percent 30 years ago. Nevertheless, affordability concerns are causing a slowdown All Properties All Properties All Properties
in home price growth in some markets, while price reductions are becoming more
common.
Detached Single-Family Overview 2
New Listings in the City of Chicago were up 1.3 percent for detached homes and 3.0 Attached Single-Family Overview 3
percent for attached properties. Listings Under Contract decreased 1.5 percent for
detached homes and 5.5 percent for attached properties. New Listings 4
Closed Sales 5
The Median Sales Price was up 2.3 percent to $225,000 for detached homes and 0.8
percent to $305,000 for attached properties. Months Supply of Inventory decreased
Under Contract (contingent and pending) 6
14.8 percent for detached units but increased 13.3 percent for attached units. Median Sales Price 7
Average Sales Price 8
The Bureau of Labor Statistics recently reported that the national unemployment
rate was at 3.7 percent. Low unemployment has helped the housing industry during Average List Price 9
this extensive period of U.S. economic prosperity. Home buying and selling activity Percent of Original List Price Received 10
relies on gainful employment. It also relies on demand, and builders are showing
caution by breaking ground on fewer single-family home construction projects in the Housing Affordability Index 11
face of rising mortgage rates and fewer showings. Market Time 12
Months Supply of Inventory 13
Inventory of Homes for Sale 14
All Properties Market Overview 15

Current as of December 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime.
Detached Single-Family Market Overview
Key market metrics for the current month and year-to-date figures for Detached Single-Family Properties.

Key Metrics Historical Sparklines 11-2017 11-2018 +/– YTD 2017 YTD 2018 +/–

New Listings 1,365 1,383 + 1.3% 21,404 21,072 - 1.6%

11-2015 11-2016 11-2017 11-2018

Closed Sales 859 813 - 5.4% 10,107 10,114 + 0.1%

11-2015 11-2016 11-2017 11-2018

Under Contract 793 781 - 1.5% 10,336 10,468 + 1.3%

(Contingent and Pending)
11-2015 11-2016 11-2017 11-2018

Median Sales Price $220,000 $225,000 + 2.3% $230,000 $237,565 + 3.3%

11-2015 11-2016 11-2017 11-2018

Average Sales Price $306,060 $314,495 + 2.8% $344,593 $356,483 + 3.5%

11-2015 11-2016 11-2017 11-2018

Average List Price $389,515 $381,970 - 1.9% $464,158 $459,268 - 1.1%

11-2015 11-2016 11-2017 11-2018

Percent of Original List Price

94.7% 94.9% + 0.2% 95.4% 95.8% + 0.4%
Received
11-2015 11-2016 11-2017 11-2018

Housing Affordability Index 145 125 - 13.9% 136 116 - 14.4%

11-2015 11-2016 11-2017 11-2018

Market Time 89 78 - 12.4% 91 87 - 4.4%

11-2015 11-2016 11-2017 11-2018

Months Supply of Inventory 4.5 3.8 - 14.8% -- -- --

11-2015 11-2016 11-2017 11-2018

Inventory of Homes for Sale 4,113 3,563 - 13.4% -- -- --

11-2015 11-2016 11-2017 11-2018

Current as of December 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 2
Attached Single-Family Market Overview
Key market metrics for the current month and year-to-date figures for Attached Single-Family Properties.

Key Metrics Historical Sparklines 11-2017 11-2018 +/– YTD 2017 YTD 2018 +/–

New Listings 1,583 1,631 + 3.0% 30,162 32,245 + 6.9%

11-2015 11-2016 11-2017 11-2018

Closed Sales 1,099 1,005 - 8.6% 16,517 15,592 - 5.6%

11-2015 11-2016 11-2017 11-2018

Under Contract 938 886 - 5.5% 16,660 15,706 - 5.7%

(Contingent and Pending)
11-2015 11-2016 11-2017 11-2018

Median Sales Price $302,450 $305,000 + 0.8% $320,000 $330,000 + 3.1%

11-2015 11-2016 11-2017 11-2018

Average Sales Price $394,462 $394,370 - 0.0% $391,625 $416,598 + 6.4%

11-2015 11-2016 11-2017 11-2018

Average List Price $493,072 $489,124 - 0.8% $482,190 $484,110 + 0.4%

11-2015 11-2016 11-2017 11-2018

Percent of Original List Price

96.6% 95.5% - 1.1% 97.1% 97.1% - 0.1%
Received
11-2015 11-2016 11-2017 11-2018

Housing Affordability Index 108 94 - 12.5% 104 88 - 15.4%

11-2015 11-2016 11-2017 11-2018

Market Time 76 82 + 7.9% 64 69 + 7.8%

11-2015 11-2016 11-2017 11-2018

Months Supply of Inventory 3.3 3.7 + 13.3% -- -- --

11-2015 11-2016 11-2017 11-2018

Inventory of Homes for Sale 4,773 5,101 + 6.9% -- -- --

11-2015 11-2016 11-2017 11-2018

Current as of December 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 3
New Listings
A count of the properties that have been newly listed on the market in a given month.

November Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Dec-2017 969 + 2.9% 946 + 0.9%

1,631 32,245 Jan-2018 1,556 - 6.6% 2,393 + 8.0%
1,572 1,583 30,162
28,119 Feb-2018 1,559 - 10.8% 2,642 - 0.2%
1,388 1,365 1,383
Mar-2018 2,033 - 7.2% 3,298 + 1.4%

21,404 21,072 Apr-2018 2,043 + 6.6% 3,502 + 18.8%

20,444
May-2018 2,235 - 0.7% 3,658 + 12.8%
Jun-2018 2,076 - 4.7% 3,246 + 3.1%
Jul-2018 2,083 + 3.9% 3,148 + 9.8%
Aug-2018 2,041 - 1.7% 2,841 - 2.6%
Sep-2018 2,102 + 1.4% 3,158 + 7.3%
Oct-2018 1,961 + 1.2% 2,728 + 13.9%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Nov-2018 1,383 + 1.3% 1,631 + 3.0%
-1.7% +1.3% +0.7% +3.0% +4.7% -1.6% +7.3% +6.9% Average 1,837 - 1.4% 2,766 + 6.7%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical New Listing Activity Detached Single-Family Attached Single-Family

6,000

5,000

4,000

3,000

2,000

1,000

0
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018

Current as of December 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 4
Closed Sales
A count of the actual sales that have closed in a given month.

November Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Dec-2017 935 + 14.9% 1,124 - 2.9%

Jan-2018 680 0.0% 764 - 14.2%
1,089 1,099 16,112 16,517
15,592
1,005 Feb-2018 627 + 1.8% 908 - 0.5%
Mar-2018 844 - 13.9% 1,499 - 4.3%
846 859
813 Apr-2018 1,009 + 8.4% 1,691 - 1.4%
9,995 10,107 10,114 May-2018 1,115 + 5.4% 1,931 - 2.8%
Jun-2018 1,134 - 2.7% 2,051 - 7.3%
Jul-2018 1,044 + 11.5% 1,757 - 0.3%
Aug-2018 1,102 + 4.4% 1,619 - 6.7%
Sep-2018 832 - 11.7% 1,181 - 16.4%
Oct-2018 914 + 3.5% 1,186 - 3.2%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Nov-2018 813 - 5.4% 1,005 - 8.6%
+1.5% -5.4% +0.9% -8.6% +1.1% +0.1% +2.5% -5.6% Average 921 + 1.2% 1,393 - 5.4%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Pending Sales Activity Detached Single-Family Attached Single-Family

2,500

2,000

1,500

1,000

500

0
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018

Current as of December 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 5
Under Contract
A count of the properties in either a contingent or pending status in a given month.

November Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Dec-2017 648 + 7.8% 825 - 5.5%

16,675 16,660 Jan-2018 783 + 0.8% 1,243 - 1.0%
15,706
991 Feb-2018 816 - 11.3% 1,426 - 12.1%
938
886 Mar-2018 1,174 + 4.3% 1,984 - 5.3%
793 781 Apr-2018 1,136 + 8.6% 1,927 - 0.7%
731 10,468
10,191 10,336 May-2018 1,130 + 4.3% 1,841 - 6.5%
Jun-2018 1,006 + 1.6% 1,579 - 5.2%
Jul-2018 937 + 5.8% 1,405 - 5.1%
Aug-2018 926 - 5.4% 1,288 - 7.0%
Sep-2018 819 - 1.3% 1,056 - 8.6%
Oct-2018 960 + 6.0% 1,071 - 7.0%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Nov-2018 781 - 1.5% 886 - 5.5%
+8.5% -1.5% -5.3% -5.5% +1.4% +1.3% -0.1% -5.7% Average 926 + 1.6% 1,378 - 5.7%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Under Contract Activity Detached Single-Family Attached Single-Family

3,000

2,700

2,400

2,100

1,800

1,500

1,200

900

600

300

0
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018

Current as of December 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 6
Median Sales Price
Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.

November Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Dec-2017 $219,000 + 9.5% $320,000 + 3.7%

$330,000 Jan-2018 $207,750 + 9.3% $320,500 + 3.0%
$320,000
$308,000 $305,000 $310,000
$302,450 Feb-2018 $207,000 + 12.8% $341,250 + 14.5%
Mar-2018 $230,500 - 1.9% $355,000 + 7.9%
$237,565
$225,000 $230,000 Apr-2018 $245,000 + 4.3% $340,000 + 3.5%
$220,000 $219,000
$210,000
May-2018 $250,000 - 2.0% $330,000 0.0%
Jun-2018 $260,000 0.0% $337,000 + 3.4%
Jul-2018 $255,000 + 2.0% $335,000 + 3.1%
Aug-2018 $249,000 + 8.9% $308,500 - 2.4%
Sep-2018 $245,000 + 8.4% $320,000 + 2.5%
Oct-2018 $230,000 + 4.5% $312,250 - 0.6%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Nov-2018 $225,000 + 2.3% $305,000 + 0.8%
+4.8% +2.3% -1.8% +0.8% +5.0% +3.3% +3.2% +3.1% Median $235,000 + 3.1% $329,900 + 3.1%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Median Sales Price Detached Single-Family Attached Single-Family

$400,000

$350,000

$300,000

$250,000

$200,000

$150,000

$100,000
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018

Current as of December 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 7
Average Sales Price
Average sales price for all closed sales, not accounting for seller concessions, in a given month.

November Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Dec-2017 $347,522 + 12.1% $423,887 + 11.0%

$416,598
$394,462 $394,370
Jan-2018 $338,989 + 12.5% $420,673 + 5.6%
$391,625
$373,488
$364,124 $356,483 Feb-2018 $294,885 + 4.3% $417,478 + 7.5%
$344,593
$333,312
$314,495 Mar-2018 $332,273 - 2.7% $431,235 + 11.4%
$306,060
$297,164
Apr-2018 $378,287 + 3.1% $425,113 + 8.3%
May-2018 $372,808 - 5.3% $412,599 + 5.8%
Jun-2018 $387,475 - 2.0% $406,484 + 2.6%
Jul-2018 $379,797 - 0.2% $425,329 + 7.9%
Aug-2018 $371,061 + 13.3% $418,212 + 7.1%
Sep-2018 $383,775 + 16.7% $412,562 + 6.1%
Oct-2018 $319,968 + 2.5% $414,407 + 7.0%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Nov-2018 $314,495 + 2.8% $394,370 - 0.0%
+3.0% +2.8% +8.3% -0.0% +3.4% +3.5% +4.9% +6.4% Average $355,724 + 4.0% $417,089 + 6.7%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Average Sales Price Detached Single-Family Attached Single-Family

$450,000

$400,000

$350,000

$300,000

$250,000

$200,000

$150,000
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018

Current as of December 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 8
Average List Price
Average list price for all new listings in a given month.

November Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Dec-2017 $547,116 + 52.7% $534,769 + 28.0%

Jan-2018 $468,593 - 6.6% $539,807 + 6.1%
$493,072 $489,124 $484,110 Feb-2018 $512,831 - 4.7% $491,736 - 1.9%
$482,190
$464,251 $464,158 $459,268
$438,322 $446,890
Mar-2018 $455,129 - 8.7% $492,242 + 2.5%
$404,271
$389,515 $381,970 Apr-2018 $512,039 + 7.3% $483,031 - 1.2%
May-2018 $476,301 - 0.9% $478,075 - 1.0%
Jun-2018 $453,492 - 0.3% $469,031 - 3.5%
Jul-2018 $428,279 - 2.8% $477,865 + 6.7%
Aug-2018 $422,319 + 5.0% $452,501 + 2.6%
Sep-2018 $484,313 + 6.0% $501,782 - 0.6%
Oct-2018 $444,494 - 2.6% $462,166 - 4.0%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Nov-2018 $381,970 - 1.9% $489,124 - 0.8%
- 3.7% - 1.9% + 12.5% - 0.8% - 0.0% - 1.1% + 7.9% + 0.4% Average $463,131 + 0.7% $485,553 + 1.1%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Average List Price Detached Single-Family Attached Single-Family

$600,000

$550,000

$500,000

$450,000

$400,000

$350,000

$300,000

$250,000

$200,000

$150,000
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018

Current as of December 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 9
Percent of Original List Price Received
Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties
sold in a given month, not accounting for seller concessions.

November Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Dec-2017 94.7% + 1.7% 96.2% + 0.6%

Jan-2018 94.5% + 0.2% 96.2% + 0.9%

94.7% 94.9% 95.8% 96.6% 95.5% 95.2% 95.4% 95.8% 96.6% 97.1% 97.1% Feb-2018 93.6% - 0.1% 96.6% + 0.9%
93.6%
Mar-2018 95.3% - 1.6% 97.2% + 0.2%
Apr-2018 96.5% + 1.3% 97.7% + 0.2%
May-2018 96.6% + 0.5% 97.8% - 0.2%
Jun-2018 97.2% + 0.7% 97.7% - 0.2%
Jul-2018 96.7% + 0.1% 97.8% + 0.2%
Aug-2018 95.6% + 0.5% 97.1% - 0.2%
Sep-2018 95.7% + 1.0% 96.3% - 0.5%
Oct-2018 95.2% + 0.9% 95.6% - 0.7%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Nov-2018 94.9% + 0.2% 95.5% - 1.1%
+1.2% +0.2% +0.7% -1.1% +0.2% +0.4% +0.6% -0.1% Average 95.7% + 0.5% 97.0% - 0.0%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Percent of Original List Price Received Detached Single-Family Attached Single-Family
100%

98%

95%

93%

90%

88%

85%

83%

80%

78%

75%
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018

Current as of December 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 10
Housing Affordability Index
This index measures housing affordability for the region. For example, an index of 120 means the median household income was 120%
of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.

November Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change
150
145 Dec-2017 139 - 6.6% 100 - 2.2%
141
136
Jan-2018 141 - 8.4% 97 - 2.5%
125
116 Feb-2018 147 - 10.8% 93 - 12.7%
107 108 106 Mar-2018 131 + 0.5% 89 - 9.6%
104
94 Apr-2018 119 - 8.4% 91 - 9.4%
88
May-2018 118 - 2.7% 94 - 7.2%
Jun-2018 114 - 4.4% 93 - 8.1%
Jul-2018 117 - 6.4% 93 - 9.3%
Aug-2018 118 - 15.2% 98 - 6.9%
Sep-2018 115 - 18.1% 93 - 12.6%
Oct-2018 120 - 16.0% 90 - 14.1%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Nov-2018 125 - 13.9% 94 - 12.5%
-3.0% -13.9% +0.4% -12.5% -3.3% -14.4% -2.4% -15.4% Average 125 - 9.4% 94 - 9.0%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Housing Affordability Index Detached Single-Family Attached Single-Family

300

275

250

225

200

175

150

125

100

75

50
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018

Current as of December 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 11
Market Time
Average number of days between when a property is listed and when an offer is accepted in a given month.

November Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Dec-2017 99 + 14.1% 79 + 0.2%

91 89 88 91 Jan-2018 99 + 7.1% 86 - 11.3%
87
82 Feb-2018 110 + 3.1% 98 + 2.1%
78 76
71 71 69 Mar-2018 114 + 0.1% 88 + 6.1%
64 Apr-2018 96 - 11.0% 73 + 6.7%
May-2018 81 - 18.4% 62 + 19.1%
Jun-2018 75 - 8.0% 55 + 9.5%
Jul-2018 82 + 10.0% 54 + 5.8%
Aug-2018 78 - 2.2% 57 + 11.6%
Sep-2018 79 + 0.4% 66 + 18.4%
Oct-2018 83 + 0.4% 76 + 11.2%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Nov-2018 78 - 12.3% 82 + 7.9%
-1.3% -12.3% +7.3% +7.9% +3.4% -4.4% -10.1% +7.9% Average 88 - 2.6% 70 + 7.3%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Market Time Detached Single-Family Attached Single-Family

220

200

180

160

140

120

100

80

60

40
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018

Current as of December 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 12
Months Supply of Inventory
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.

November Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Dec-2017 3.9 - 11.7% 2.6 + 3.4%

Jan-2018 3.8 - 14.3% 2.7 + 5.1%
5.0 Feb-2018 3.9 - 11.8% 3.0 + 6.8%
4.5
Mar-2018 3.9 - 14.6% 3.2 + 8.3%
3.8 3.7 Apr-2018 4.0 - 14.8% 3.5 + 11.6%
3.2 3.3 May-2018 4.2 - 15.9% 3.8 + 15.2%
Jun-2018 4.2 - 17.3% 4.0 + 13.8%
Jul-2018 4.4 - 16.7% 4.0 + 14.7%
Aug-2018 4.4 - 13.4% 4.1 + 13.2%
Sep-2018 4.5 - 11.6% 4.3 + 14.1%
Oct-2018 4.3 - 13.7% 4.2 + 14.9%
2016 2017 2018 2016 2017 2018 Nov-2018 3.8 - 14.8% 3.7 + 13.3%
-8.9% -14.8% +3.6% +13.3% Average 4.1 - 14.2% 3.6 + 11.6%
Detached Single-Family Attached Single-Family

Historical Months Supply of Inventory Detached Single-Family Attached Single-Family

20

18

16

14

12

10

2
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018

Current as of December 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 13
Inventory of Homes for Sale
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.

November Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Dec-2017 3,539 - 10.1% 3,859 + 3.0%

Jan-2018 3,488 - 13.0% 3,972 + 3.9%
5,101
4,604 4,773 Feb-2018 3,578 - 11.5% 4,355 + 4.4%
4,469 Mar-2018 3,569 - 14.0% 4,643 + 4.7%
4,113
Apr-2018 3,668 - 12.8% 5,007 + 8.7%
3,563
May-2018 3,837 - 13.4% 5,341 + 10.9%
Jun-2018 3,924 - 14.5% 5,592 + 9.7%
Jul-2018 4,044 - 13.5% 5,674 + 9.8%
Aug-2018 4,077 - 10.7% 5,694 + 7.7%
Sep-2018 4,187 - 9.5% 6,006 + 8.1%
Oct-2018 3,965 - 11.7% 5,769 + 8.4%
2016 2017 2018 2016 2017 2018 Nov-2018 3,563 - 13.4% 5,101 + 6.9%
-8.0% -13.4% +3.7% +6.9% Average 3,787 - 12.3% 5,084 + 7.4%
Detached Single-Family Attached Single-Family

Historical Inventory of Homes for Sale Detached Single-Family Attached Single-Family

19,000

17,000

15,000

13,000

11,000

9,000

7,000

5,000

3,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018

Current as of December 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 14
All Properties Market Overview
Key market metrics for the current month and year-to-date figures for all properties.

Key Metrics Historical Sparklines 11-2017 11-2018 +/– YTD 2017 YTD 2018 +/–

New Listings 2,948 3,014 + 2.2% 51,566 53,317 + 3.4%

11-2015 11-2016 11-2017 11-2018

Closed Sales 1,958 1,818 - 7.2% 26,624 25,706 - 3.4%

11-2015 11-2016 11-2017 11-2018

Under Contract 1,731 1,667 - 3.7% 26,996 26,174 - 3.0%

(Contingent and Pending)
11-2015 11-2016 11-2017 11-2018

Median Sales Price $256,000 $262,000 + 2.3% $285,000 $292,500 + 2.6%

11-2015 11-2016 11-2017 11-2018

Average Sales Price $355,679 $358,650 + 0.8% $373,771 $392,944 + 5.1%

11-2015 11-2016 11-2017 11-2018

Average List Price $445,168 $439,940 - 1.2% $474,712 $474,301 - 0.1%

11-2015 11-2016 11-2017 11-2018

Percent of Original List Price

95.8% 95.2% - 0.5% 96.5% 96.6% + 0.1%
Received
11-2015 11-2016 11-2017 11-2018

Housing Affordability Index 136 117 - 14.2% 124 106 - 14.5%

11-2015 11-2016 11-2017 11-2018

Market Time 82 80 - 2.4% 74 76 + 2.7%

11-2015 11-2016 11-2017 11-2018

Months Supply of Inventory 3.7 3.8 + 2.7% -- -- --

11-2015 11-2016 11-2017 11-2018

Inventory of Homes for Sale 8,886 8,664 - 2.5% -- -- --

11-2015 11-2016 11-2017 11-2018

Current as of December 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 15