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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®

April 2018 Quick Facts


Many sellers and builders are in a good position for financial gains, as the economy
continues to favor putting existing homes on the market and building new homes for + 1.1% - 6.4% + 3.7%
sale. We are finally beginning to see some upward movement in new listings after at
least two years of a positive outlook. There may not be massive increases in
1-Year Change in 1-Year Change in 1-Year Change in
inventory from week to week, but a longer-term trend toward more new listings Closed Sales Homes for Sale Median Sales Price
would be a good sign. Low inventory should continue to create a competitive All Properties All Properties All Properties
situation for buyers, causing price increases over the next several months.

New Listings in the City of Chicago were up 5.8 percent for detached homes and Detached Single-Family Overview 2
18.3 percent for attached properties. Listings Under Contract increased 19.9 percent Attached Single-Family Overview 3
for detached homes and 1.5 percent for attached properties.
New Listings 4
The Median Sales Price was up 4.7 percent to $246,000 for detached homes and 3.5 Closed Sales 5
percent to $340,000 for attached properties. Months Supply of Inventory decreased
23.2 percent for detached units but increased 7.8 percent for attached units.
Under Contract (contingent and pending) 6
Median Sales Price 7
This winter and spring exhibited unseasonal weather patterns in much of the
Average Sales Price 8
country. As the seasons change to something more palatable, wages and consumer
spending are both up, on average, which should translate positively for the housing Average List Price 9
market. Being quick with an offer is still the rule of the day as the number of days a Percent of Original List Price Received 10
home stays on the market drops lower. If that wasn't enough for buyers to mull over
with each potential offer, being aware of pending mortgage rate increases is once Housing Affordability Index 11
again in fashion. Market Time 12
Months Supply of Inventory 13
Inventory of Homes for Sale 14
All Properties Market Overview 15

Current as of May 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 4-2017 4-2018 +/– YTD 2017 YTD 2018 +/–

New Listings 1,916 2,027 + 5.8% 7,519 7,164 - 4.7%


4-2015 4-2016 4-2017 4-2018

Closed Sales 931 996 + 7.0% 3,207 3,139 - 2.1%


4-2015 4-2016 4-2017 4-2018

Under Contract 1,047 1,255 + 19.9% 3,871 4,113 + 6.3%


(Contingent and Pending)
4-2015 4-2016 4-2017 4-2018

Median Sales Price $235,000 $246,000 + 4.7% $215,000 $225,000 + 4.7%


4-2015 4-2016 4-2017 4-2018

Average Sales Price $366,761 $379,579 + 3.5% $328,982 $341,845 + 3.9%


4-2015 4-2016 4-2017 4-2018

Average List Price $477,300 $518,568 + 8.6% $502,884 $490,453 - 2.5%


4-2015 4-2016 4-2017 4-2018

Percent of Original List Price


95.2% 96.7% + 1.5% 95.2% 95.2% - 0.0%
Received
4-2015 4-2016 4-2017 4-2018

Housing Affordability Index 130 119 - 8.8% 143 130 - 8.9%


4-2015 4-2016 4-2017 4-2018

Market Time 108 95 - 11.5% 106 104 - 1.9%


4-2015 4-2016 4-2017 4-2018

Months Supply of Inventory 4.7 3.6 - 23.2% -- -- --


4-2015 4-2016 4-2017 4-2018

Inventory of Homes for Sale 4,200 3,376 - 19.6% -- -- --


4-2015 4-2016 4-2017 4-2018

Current as of May 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 4-2017 4-2018 +/– YTD 2017 YTD 2018 +/–

New Listings 2,948 3,487 + 18.3% 11,064 11,802 + 6.7%


4-2015 4-2016 4-2017 4-2018

Closed Sales 1,715 1,679 - 2.1% 5,084 4,846 - 4.7%


4-2015 4-2016 4-2017 4-2018

Under Contract 1,942 1,972 + 1.5% 6,925 6,667 - 3.7%


(Contingent and Pending)
4-2015 4-2016 4-2017 4-2018

Median Sales Price $328,500 $340,000 + 3.5% $320,000 $342,000 + 6.9%


4-2015 4-2016 4-2017 4-2018

Average Sales Price $392,496 $425,641 + 8.4% $391,109 $425,071 + 8.7%


4-2015 4-2016 4-2017 4-2018

Average List Price $488,723 $487,721 - 0.2% $493,146 $501,709 + 1.7%


4-2015 4-2016 4-2017 4-2018

Percent of Original List Price


97.5% 97.7% + 0.2% 96.6% 97.1% + 0.5%
Received
4-2015 4-2016 4-2017 4-2018

Housing Affordability Index 100 91 - 9.4% 102 90 - 11.6%


4-2015 4-2016 4-2017 4-2018

Market Time 68 73 + 7.1% 83 84 + 2.0%


4-2015 4-2016 4-2017 4-2018

Months Supply of Inventory 3.1 3.4 + 7.8% -- -- --


4-2015 4-2016 4-2017 4-2018

Inventory of Homes for Sale 4,585 4,844 + 5.6% -- -- --


4-2015 4-2016 4-2017 4-2018

Current as of May 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.

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


Family Change Family Change

May-2017 2,251 + 6.4% 3,242 + 7.2%

3,487 Jun-2017 2,178 - 4.2% 3,149 + 8.8%


11,802
Jul-2017 2,003 + 1.6% 2,868 + 7.8%
3,049 10,729 11,064
2,948 Aug-2017 2,076 + 5.1% 2,916 + 16.5%
Sep-2017 2,071 + 6.3% 2,943 + 8.2%
7,519 Oct-2017 1,937 + 9.2% 2,394 + 18.9%
1,964 2,027 6,997 7,164
1,916
Nov-2017 1,364 - 1.7% 1,583 + 0.7%
Dec-2017 968 + 2.8% 946 + 0.9%
Jan-2018 1,553 - 6.8% 2,392 + 7.9%
Feb-2018 1,558 - 10.8% 2,638 - 0.3%
Mar-2018 2,026 - 7.5% 3,285 + 1.0%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Apr-2018 2,027 + 5.8% 3,487 + 18.3%
-2.4% +5.8% -3.3% +18.3% +7.5% -4.7% +3.1% +6.7% Average 1,834 + 0.5% 2,654 + 8.3%
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 May 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.

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


Family Change Family Change

May-2017 1,058 + 1.3% 1,987 + 2.7%


Jun-2017 1,165 + 0.6% 2,212 + 2.5%
1,776 5,084
1,715 1,679 Jul-2017 935 - 9.6% 1,763 + 1.2%
4,763 4,846
Aug-2017 1,056 - 1.3% 1,735 - 2.0%
Sep-2017 942 + 1.6% 1,412 - 3.8%

3,207 Oct-2017 884 + 2.7% 1,224 + 3.2%


3,055 3,139
996
930 931 Nov-2017 859 + 1.5% 1,099 + 0.9%
Dec-2017 934 + 14.7% 1,124 - 2.9%
Jan-2018 680 0.0% 764 - 14.2%
Feb-2018 625 + 1.5% 907 - 0.7%
Mar-2018 838 - 14.5% 1,496 - 4.5%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Apr-2018 996 + 7.0% 1,679 - 2.1%
+0.1% +7.0% -3.4% -2.1% +5.0% -2.1% +6.7% -4.7% Average 914 + 0.1% 1,450 + 8.3%
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 May 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.

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


Family Change Family Change

May-2017 1,085 - 1.1% 1,974 + 4.7%


Jun-2017 994 - 2.3% 1,669 - 6.7%
6,861 6,925
2,101 6,667 Jul-2017 890 + 0.7% 1,484 + 3.9%
1,942 1,972
Aug-2017 981 + 2.8% 1,389 - 0.4%
Sep-2017 835 + 7.7% 1,157 - 2.4%
Oct-2017 910 + 7.9% 1,154 + 0.9%
1,255 4,113
3,894 3,871
1,135 Nov-2017 802 + 9.7% 945 - 4.6%
1,047
Dec-2017 660 + 9.8% 830 - 5.3%
Jan-2018 799 + 2.8% 1,251 - 0.8%
Feb-2018 842 - 8.5% 1,439 - 11.4%
Mar-2018 1,217 + 8.0% 2,005 - 4.4%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Apr-2018 1,255 + 19.9% 1,972 + 1.5%
-7.8% +19.9% -7.6% +1.5% -0.6% +6.3% +0.9% -3.7% Average 939 + 4.6% 1,439 - 2.0%
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 May 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.

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


Family Change Family Change

May-2017 $255,000 + 11.8% $330,000 + 2.1%


Jun-2017 $260,000 + 6.1% $325,960 + 0.3%

$328,500
$340,000 $342,000 Jul-2017 $250,000 + 4.8% $325,000 + 1.6%
$321,000 $320,000
$300,000 Aug-2017 $228,700 + 1.8% $316,000 + 4.3%
Sep-2017 $226,000 + 5.1% $312,250 + 4.4%
$246,000
$235,000
$225,000
$215,000
$225,000 Oct-2017 $220,000 + 1.6% $313,750 + 5.3%
$199,000
Nov-2017 $220,000 + 4.8% $302,450 - 1.8%
Dec-2017 $219,000 + 9.5% $320,000 + 3.7%
Jan-2018 $208,500 + 9.7% $320,500 + 3.0%
Feb-2018 $208,000 + 13.4% $340,500 + 14.3%
Mar-2018 $230,500 - 1.9% $355,000 + 7.9%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Apr-2018 $246,000 + 4.7% $340,000 + 3.5%
+4.4% +4.7% +2.3% +3.5% +8.0% +4.7% +6.7% +6.9% Median $231,000 + 4.5% $325,000 + 3.2%
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 May 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.

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


Family Change Family Change

May-2017 $393,641 + 14.0% $390,012 + 0.5%


$425,641 $425,071
$392,496
Jun-2017 $395,543 + 1.9% $396,127 + 2.5%
$382,952 $391,109
$379,579
$351,562
$366,761 $362,623 Jul-2017 $380,896 + 3.5% $394,033 + 1.1%
$341,845
$328,982 Aug-2017 $327,492 - 0.5% $390,388 + 6.1%
$320,018

Sep-2017 $328,781 + 5.1% $388,850 + 2.9%


Oct-2017 $312,093 - 0.4% $387,235 + 8.4%
Nov-2017 $306,060 + 3.0% $394,706 + 8.4%
Dec-2017 $347,603 + 12.1% $423,887 + 11.0%
Jan-2018 $339,294 + 12.6% $420,673 + 5.6%
Feb-2018 $295,649 + 4.5% $417,492 + 7.5%
Mar-2018 $333,564 - 2.3% $431,280 + 11.4%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Apr-2018 $379,579 + 3.5% $425,641 + 8.4%
+4.3% +3.5% +2.5% +8.4% +2.8% +3.9% +7.9% +8.7% Average $348,658 + 4.4% $403,189 + 5.5%
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 May 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.

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


Family Change Family Change

May-2017 $480,144 - 3.8% $483,117 + 4.8%


Jun-2017 $454,916 - 2.8% $486,147 + 10.2%
$518,568
$502,884 $493,146 $501,709
$477,300 $488,723 $487,721 $490,453 Jul-2017 $439,584 - 7.2% $447,976 + 5.1%
$462,302 $458,520
$451,185
$440,096 Aug-2017 $401,860 - 0.4% $441,121 + 4.1%
Sep-2017 $457,419 - 8.4% $504,967 - 0.3%
Oct-2017 $456,956 - 9.7% $481,928 + 6.4%
Nov-2017 $389,250 - 3.7% $493,052 + 12.4%
Dec-2017 $547,800 + 52.9% $536,040 + 28.3%
Jan-2018 $470,622 - 6.2% $540,594 + 6.3%
Feb-2018 $514,539 - 4.4% $493,591 - 1.5%
Mar-2018 $458,934 - 7.9% $494,807 + 3.0%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Apr-2018 $518,568 + 8.6% $487,721 - 0.2%
+ 5.8% + 8.6% + 5.7% - 0.2% + 9.7% - 2.5% + 12.1% + 1.7% Average $463,105 - 2.5% $487,296 + 4.6%
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 May 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.

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


Family Change Family Change

May-2017 96.1% - 0.8% 98.0% + 0.7%


Jun-2017 96.5% + 0.0% 97.9% + 0.7%
95.5% 95.2% 96.7% 97.2% 97.5% 97.7% 95.2% 95.2% 96.1% 96.6% 97.1% Jul-2017 96.6% + 0.6% 97.5% + 0.1%
94.5%
Aug-2017 95.2% - 0.4% 97.3% + 0.6%
Sep-2017 94.8% - 0.4% 96.8% + 0.7%
Oct-2017 94.3% - 0.1% 96.2% + 0.4%
Nov-2017 94.7% + 1.2% 96.6% + 0.8%
Dec-2017 94.7% + 1.7% 96.2% + 0.6%
Jan-2018 94.4% + 0.1% 96.2% + 0.9%
Feb-2018 93.6% - 0.1% 96.6% + 0.9%
Mar-2018 95.4% - 1.5% 97.2% + 0.2%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Apr-2018 96.7% + 1.5% 97.7% + 0.2%
-0.3% +1.5% +0.3% +0.2% +0.7% -0.0% +0.6% +0.5% Average 95.4% + 0.1% 97.2% + 0.5%
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 May 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.

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


Family Change Family Change

May-2017 121 - 12.5% 101 - 3.3%


139 156
130 Jun-2017 119 - 7.5% 101 - 4.1%
143
119 130 Jul-2017 124 - 6.8% 102 - 4.2%
105 Aug-2017 140 - 3.1% 105 - 6.6%
100 112
91 102 Sep-2017 141 - 6.6% 106 - 5.7%
90 Oct-2017 143 - 5.6% 104 - 10.3%
Nov-2017 145 - 3.0% 108 + 0.4%
Dec-2017 139 - 6.6% 100 - 2.2%
Jan-2018 141 - 8.7% 97 - 2.5%
Feb-2018 146 - 11.1% 93 - 12.6%
Mar-2018 131 + 0.4% 89 - 9.6%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Apr-2018 119 - 8.8% 91 - 9.4%
-6.4% -8.8% -4.7% -9.4% -8.1% -8.9% -8.8% -11.6% Average 134 - 6.7% 100 - 5.9%
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 May 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.

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


Family Change Family Change

May-2017 99 + 7.5% 52 - 19.2%


108 106 Jun-2017 81 + 3.0% 50 - 14.6%
102 104
100
95 Jul-2017 75 - 5.9% 51 - 12.2%
89
84 Aug-2017 80 + 0.3% 51 - 15.6%
83
78
73 Sep-2017 79 + 4.6% 56 - 21.3%
68
Oct-2017 82 + 1.6% 68 - 3.1%
Nov-2017 89 - 1.3% 76 + 7.3%
Dec-2017 99 + 14.2% 79 + 0.2%
Jan-2018 99 + 6.9% 86 - 11.3%
Feb-2018 110 + 3.1% 98 + 2.2%
Mar-2018 114 - 0.0% 88 + 6.2%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Apr-2018 95 - 11.5% 73 + 7.1%
+7.7% -11.5% -12.5% +7.1% +3.9% -1.9% -7.4% +2.0% Average 91 + 1.3% 65 - 7.1%
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 May 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.

April Detached Single- Year-Over-Year Attached Single- Year-Over-Year


Family Change Family Change

May-2017 4.9 + 4.1% 3.2 - 4.9%


4.6 4.7
Jun-2017 5.1 + 1.2% 3.5 + 0.4%
Jul-2017 5.2 - 0.5% 3.5 - 1.5%
3.6 Aug-2017 5.1 - 2.3% 3.6 + 2.8%
3.3 3.4
3.1 Sep-2017 5.1 - 4.4% 3.8 + 3.3%
Oct-2017 4.9 - 6.0% 3.6 + 3.5%
Nov-2017 4.5 - 10.0% 3.2 + 2.4%
Dec-2017 3.8 - 13.2% 2.6 + 2.0%
Jan-2018 3.7 - 16.3% 2.7 + 3.8%
Feb-2018 3.8 - 14.8% 3.0 + 5.2%
Mar-2018 3.7 - 19.0% 3.2 + 6.0%
2016 2017 2018 2016 2017 2018 Apr-2018 3.6 - 23.2% 3.4 + 7.8%
+2.2% -23.2% -4.2% +7.8% Average 4.4 - 8.3% 3.3 + 2.4%
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 May 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.

April Detached Single- Year-Over-Year Attached Single- Year-Over-Year


Family Change Family Change

May-2017 4,424 + 2.4% 4,793 - 4.6%


Jun-2017 4,577 - 0.7% 5,069 0.0%
4,787 4,844 Jul-2017 4,656 - 1.5% 5,137 - 0.8%
4,585
4,134 4,200 Aug-2017 4,546 - 3.5% 5,248 + 3.4%
Sep-2017 4,595 - 4.0% 5,515 + 3.7%
3,376 Oct-2017 4,454 - 5.4% 5,282 + 4.1%
Nov-2017 4,070 - 8.8% 4,724 + 2.7%
Dec-2017 3,487 - 11.4% 3,809 + 1.9%
Jan-2018 3,419 - 14.7% 3,917 + 2.8%
Feb-2018 3,481 - 13.8% 4,285 + 3.1%
Mar-2018 3,419 - 17.5% 4,542 + 2.8%
2016 2017 2018 2016 2017 2018 Apr-2018 3,376 - 19.6% 4,844 + 5.6%
+1.6% -19.6% -4.2% +5.6% Average 4,042 - 7.9% 4,764 + 2.0%
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 May 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 4-2017 4-2018 +/– YTD 2017 YTD 2018 +/–

New Listings 4,864 5,514 + 13.4% 18,583 18,966 + 2.1%


4-2015 4-2016 4-2017 4-2018

Closed Sales 2,646 2,675 + 1.1% 8,291 7,985 - 3.7%


4-2015 4-2016 4-2017 4-2018

Under Contract 2,989 3,227 + 8.0% 10,796 10,780 - 0.1%


(Contingent and Pending)
4-2015 4-2016 4-2017 4-2018

Median Sales Price $297,150 $308,000 + 3.7% $279,900 $295,000 + 5.4%


4-2015 4-2016 4-2017 4-2018

Average Sales Price $383,441 $408,501 + 6.5% $367,078 $392,352 + 6.9%


4-2015 4-2016 4-2017 4-2018

Average List Price $484,225 $499,059 + 3.1% $497,083 $497,462 + 0.1%


4-2015 4-2016 4-2017 4-2018

Percent of Original List Price


96.7% 97.3% + 0.7% 96.1% 96.4% + 0.3%
Received
4-2015 4-2016 4-2017 4-2018

Housing Affordability Index 118 108 - 8.5% 127 115 - 9.5%


4-2015 4-2016 4-2017 4-2018

Market Time 82 81 - 1.2% 92 92 + 0.3%


4-2015 4-2016 4-2017 4-2018

Months Supply of Inventory 3.7 3.5 - 5.4% -- -- --


4-2015 4-2016 4-2017 4-2018

Inventory of Homes for Sale 8,785 8,220 - 6.4% -- -- --


4-2015 4-2016 4-2017 4-2018

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

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