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®

February 2018 Quick Facts

The three most prominent national market trends for residential real estate are the
ongoing lack of abundant inventory, the steadily upward movement of home prices - 1.0% - 8.6% + 10.7%
and year-over-year declines in home sales. Sales declines are a natural result of
there being fewer homes for sale, but higher prices often indicate higher demand
1-Year Change in 1-Year Change in 1-Year Change in
leading to competitive bidding. Markets are poised for increased supply, so there is Closed Sales Homes for Sale Median Sales Price
hope that more sellers will take advantage of what appears to be a ready and willing All Properties All Properties All Properties
buyer base.

New Listings in the City of Chicago were down 11.4 percent for detached homes Detached Single-Family Overview 2
and 0.9 percent for attached properties. Listings Under Contract decreased 1.0 Attached Single-Family Overview 3
percent for detached homes and 9.9 percent for attached properties.
New Listings 4
The Median Sales Price was up 13.7 percent to $208,500 for detached homes and Closed Sales 5
14.5 percent to $341,250 for attached properties. Months Supply of Inventory
decreased 20.3 percent for detached units but increased 2.6 percent for attached
Under Contract (contingent and pending) 6
units. Median Sales Price 7
Average Sales Price 8
In February, prevailing mortgage rates continued to rise. This has a notable impact
on housing affordability and can leave consumers choosing between higher Average List Price 9
payments or lower-priced homes. According to the Mortgage Bankers Association, Percent of Original List Price Received 10
the average rate for 30-year fixed-rate mortgages with a 20 percent down payment
that qualify for backing by Fannie Mae and Freddie Mac rose to its highest level Housing Affordability Index 11
since January 2014. A 4.5 or 4.6 percent rate might not seem high to those with Market Time 12
extensive real estate experience, but it is newly high for many potential first-time
home buyers. Upward rate pressure is likely to continue as long as the economy Months Supply of Inventory 13
fares well. Inventory of Homes for Sale 14
All Properties Market Overview 15

Current as of March 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 2-2017 2-2018 +/– YTD 2017 YTD 2018 +/–

New Listings 1,747 1,547 - 11.4% 3,413 3,091 - 9.4%

2-2015 2-2016 2-2017 2-2018

Closed Sales 616 616 0.0% 1,296 1,294 - 0.2%

2-2015 2-2016 2-2017 2-2018

Under Contract 921 912 - 1.0% 1,698 1,736 + 2.2%

(Contingent and Pending)
2-2015 2-2016 2-2017 2-2018

Median Sales Price $183,450 $208,500 + 13.7% $188,108 $208,000 + 10.6%

2-2015 2-2016 2-2017 2-2018

Average Sales Price $282,843 $301,484 + 6.6% $292,480 $320,158 + 9.5%

2-2015 2-2016 2-2017 2-2018

Average List Price $538,024 $519,553 - 3.4% $520,262 $496,884 - 4.5%

2-2015 2-2016 2-2017 2-2018

Percent of Original List Price

93.7% 95.0% + 1.4% 94.0% 94.7% + 0.8%
Received
2-2015 2-2016 2-2017 2-2018

Housing Affordability Index 165 146 - 11.6% 160 143 - 10.5%

2-2015 2-2016 2-2017 2-2018

Market Time 107 110 + 2.5% 99 104 + 5.1%

2-2015 2-2016 2-2017 2-2018

Months Supply of Inventory 4.5 3.6 - 20.3% -- -- --

2-2015 2-2016 2-2017 2-2018

Inventory of Homes for Sale 4,035 3,295 - 18.3% -- -- --

2-2015 2-2016 2-2017 2-2018

Current as of March 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 2-2017 2-2018 +/– YTD 2017 YTD 2018 +/–

New Listings 2,647 2,624 - 0.9% 4,863 5,007 + 3.0%

2-2015 2-2016 2-2017 2-2018

Closed Sales 913 898 - 1.6% 1,803 1,661 - 7.9%

2-2015 2-2016 2-2017 2-2018

Under Contract 1,624 1,463 - 9.9% 2,886 2,721 - 5.7%

(Contingent and Pending)
2-2015 2-2016 2-2017 2-2018

Median Sales Price $298,000 $341,250 + 14.5% $309,000 $331,000 + 7.1%

2-2015 2-2016 2-2017 2-2018

Average Sales Price $388,355 $417,223 + 7.4% $393,242 $418,724 + 6.5%

2-2015 2-2016 2-2017 2-2018

Average List Price $500,874 $495,047 - 1.2% $504,396 $517,206 + 2.5%

2-2015 2-2016 2-2017 2-2018

Percent of Original List Price

95.7% 96.6% + 0.9% 95.6% 96.4% + 0.9%
Received
2-2015 2-2016 2-2017 2-2018

Housing Affordability Index 106 93 - 12.5% 103 95 - 7.9%

2-2015 2-2016 2-2017 2-2018

Market Time 96 98 + 2.1% 96 92 - 4.1%

2-2015 2-2016 2-2017 2-2018

Months Supply of Inventory 2.8 2.9 + 2.6% -- -- --

2-2015 2-2016 2-2017 2-2018

Inventory of Homes for Sale 4,147 4,184 + 0.9% -- -- --

2-2015 2-2016 2-2017 2-2018

Current as of March 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.

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

Family Change Family Change

Mar-2017 2,190 + 13.5% 3,252 + 5.4%

2,634 2,647 2,624 Apr-2017 1,916 - 2.4% 2,948 - 3.3%

4,863 5,007
May-2017 2,251 + 6.4% 3,242 + 7.2%
4,596
Jun-2017 2,177 - 4.3% 3,149 + 8.8%
Jul-2017 2,001 + 1.5% 2,868 + 7.8%
1,747 3,413
1,665
1,547 3,104 3,091 Aug-2017 2,076 + 5.1% 2,913 + 16.3%
Sep-2017 2,071 + 6.3% 2,942 + 8.2%
Oct-2017 1,935 + 9.1% 2,394 + 18.9%
Nov-2017 1,363 - 1.8% 1,581 + 0.6%
Dec-2017 965 + 2.4% 942 + 0.4%
Jan-2018 1,544 - 7.3% 2,383 + 7.5%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Feb-2018 1,547 - 11.4% 2,624 - 0.9%
+4.9% -11.4% +0.5% -0.9% +10.0% -9.4% +5.8% +3.0% Average 1,836 + 1.6% 2,603 + 6.5%
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 March 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.

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

Family Change Family Change

Mar-2017 980 + 17.6% 1,565 + 18.8%

Apr-2017 931 + 0.1% 1,715 - 3.4%
913 898 1,803
885
1,670 1,661 May-2017 1,058 + 1.3% 1,987 + 2.7%
Jun-2017 1,165 + 0.6% 2,212 + 2.5%
680 1,292 1,296 1,294 Jul-2017 935 - 9.6% 1,763 + 1.2%
616 616
Aug-2017 1,056 - 1.3% 1,734 - 2.1%
Sep-2017 943 + 1.7% 1,412 - 3.8%
Oct-2017 882 + 2.4% 1,224 + 3.2%
Nov-2017 859 + 1.5% 1,099 + 0.9%
Dec-2017 933 + 14.6% 1,123 - 3.0%
Jan-2018 678 - 0.3% 763 - 14.3%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Feb-2018 616 0.0% 898 - 1.6%
-9.4% 0.0% +3.2% -1.6% +0.3% -0.2% +8.0% -7.9% Average 920 + 2.1% 1,458 + 6.5%
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 March 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.

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

Family Change Family Change

Mar-2017 1,130 + 1.8% 2,104 + 5.1%

Apr-2017 1,049 - 7.6% 1,944 - 7.5%
1,632 1,624
1,463 2,886 May-2017 1,086 - 1.0% 1,974 + 4.6%
2,759 2,721
Jun-2017 995 - 2.2% 1,669 - 6.7%
Jul-2017 893 + 1.0% 1,485 + 4.0%
Aug-2017 985 + 3.2% 1,389 - 0.4%
909 921 912 1,698 1,736
1,649 Sep-2017 840 + 8.4% 1,164 - 1.9%
Oct-2017 913 + 8.3% 1,157 + 1.0%
Nov-2017 815 + 11.5% 945 - 4.6%
Dec-2017 676 + 12.3% 834 - 5.0%
Jan-2018 824 + 6.0% 1,258 - 0.3%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Feb-2018 912 - 1.0% 1,463 - 9.9%
+1.3% -1.0% -0.5% -9.9% +3.0% +2.2% +4.6% -5.7% Average 927 + 2.5% 1,449 - 1.7%
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 March 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.

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

Family Change Family Change

Mar-2017 $235,000 + 14.6% $328,000 + 7.5%

$331,000 Apr-2017 $235,000 + 4.4% $328,500 + 2.3%
$309,000
$341,250 May-2017 $255,000 + 11.8% $330,000 + 2.1%
$277,750
$298,000 Jun-2017 $260,000 + 6.1% $325,960 + 0.3%
$285,000
Jul-2017 $250,000 + 4.8% $325,000 + 1.6%
$208,000
$188,108
Aug-2017 $228,700 + 1.8% $316,000 + 4.3%
$208,500 $180,900
$179,000 $183,450 Sep-2017 $226,000 + 5.1% $312,250 + 4.4%
Oct-2017 $220,000 + 1.6% $313,750 + 5.3%
Nov-2017 $220,000 + 4.8% $302,450 - 1.8%
Dec-2017 $219,000 + 9.5% $320,000 + 3.7%
Jan-2018 $207,750 + 9.3% $320,000 + 2.8%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Feb-2018 $208,500 + 13.7% $341,250 + 14.5%
+2.5% +13.7% +4.6% +14.5% +4.0% +10.6% +11.3% +7.1% Median $230,000 + 5.0% $324,000 + 4.2%
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 March 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.

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

Family Change Family Change

Mar-2017 $341,364 + 4.1% $386,811 + 8.5%

$417,223 $418,724
Apr-2017 $366,761 + 4.3% $392,496 + 2.5%
$388,355 $393,242

$355,759 May-2017 $393,641 + 14.0% $390,012 + 0.5%

$345,770
$320,158 Jun-2017 $395,543 + 1.9% $396,153 + 2.5%
$301,484
$292,242 $292,480
$275,253 $282,843 Jul-2017 $380,896 + 3.5% $394,033 + 1.1%
Aug-2017 $327,490 - 0.5% $390,426 + 6.1%
Sep-2017 $328,549 + 5.0% $388,850 + 2.9%
Oct-2017 $312,066 - 0.5% $387,217 + 8.4%
Nov-2017 $306,002 + 3.0% $394,678 + 8.4%
Dec-2017 $347,911 + 12.2% $424,078 + 11.1%
Jan-2018 $337,124 + 11.9% $420,490 + 5.6%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Feb-2018 $301,484 + 6.6% $417,223 + 7.4%
+2.8% +6.6% +9.2% +7.4% +0.1% +9.5% +13.7% +6.5% Average $348,137 + 5.0% $396,108 + 4.6%
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 March 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.

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

Family Change Family Change

Mar-2017 $498,323 + 10.5% $480,507 + 13.8%

$538,024 Apr-2017 $477,300 + 5.8% $488,788 + 5.7%
$519,553 $520,262 $517,206
$507,375 $500,874 $504,396
$495,047 $496,884
May-2017 $480,149 - 3.8% $483,221 + 4.9%
$467,957
$431,068 $437,257 Jun-2017 $455,183 - 2.8% $486,073 + 10.2%
Jul-2017 $439,835 - 7.1% $448,253 + 5.2%
Aug-2017 $401,945 - 0.4% $441,174 + 4.1%
Sep-2017 $457,809 - 8.3% $505,057 - 0.3%
Oct-2017 $457,390 - 9.6% $482,276 + 6.5%
Nov-2017 $389,970 - 3.5% $493,707 + 12.5%
Dec-2017 $550,210 + 53.5% $537,941 + 28.8%
Jan-2018 $474,141 - 5.5% $541,636 + 6.5%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Feb-2018 $519,553 - 3.4% $495,047 - 1.2%
+ 6.0% - 3.4% + 16.2% - 1.2% + 11.2% - 4.5% + 15.4% + 2.5% Average $463,966 - 0.9% $486,235 + 6.4%
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 March 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.

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

Family Change Family Change

Mar-2017 96.9% + 1.8% 97.0% + 0.1%

Apr-2017 95.2% - 0.3% 97.5% + 0.3%

93.7% 95.0% 94.6% 95.7% 96.6% 94.0% 94.7% 94.3% 95.6% 96.4% May-2017 96.1% - 0.8% 98.0% + 0.7%
93.0% 93.5%
Jun-2017 96.5% + 0.0% 97.9% + 0.7%
Jul-2017 96.6% + 0.6% 97.5% + 0.1%
Aug-2017 95.2% - 0.4% 97.3% + 0.6%
Sep-2017 94.7% - 0.4% 96.8% + 0.7%
Oct-2017 94.3% - 0.1% 96.2% + 0.4%
Nov-2017 94.7% + 1.2% 96.6% + 0.7%
Dec-2017 94.8% + 1.8% 96.2% + 0.6%
Jan-2018 94.4% + 0.1% 96.2% + 0.9%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Feb-2018 95.0% + 1.4% 96.6% + 0.9%
+0.7% +1.4% +1.2% +0.9% +0.6% +0.8% +1.3% +0.9% Average 95.4% + 0.3% 97.1% + 0.6%
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 March 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.

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

Family Change Family Change

176 Mar-2017 130 - 13.5% 99 - 10.9%

172
165 Apr-2017 130 - 6.4% 100 - 4.7%
160
146 143 May-2017 121 - 12.5% 101 - 3.3%
Jun-2017 119 - 7.5% 101 - 4.1%
118 121
Jul-2017 124 - 6.8% 102 - 4.2%
106 103
93 95 Aug-2017 140 - 3.1% 105 - 6.6%
Sep-2017 141 - 6.6% 106 - 5.7%
Oct-2017 143 - 5.6% 104 - 10.3%
Nov-2017 145 - 3.0% 108 + 0.4%
Dec-2017 139 - 6.6% 100 - 2.3%
Jan-2018 141 - 8.2% 97 - 2.3%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Feb-2018 146 - 11.6% 93 - 12.5%
-6.4% -11.6% -9.5% -12.5% -6.6% -10.5% -14.5% -7.9% Average 135 - 7.7% 101 - 5.6%
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 March 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.

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

Family Change Family Change

Mar-2017 114 + 14.3% 83 - 9.5%

107 110 Apr-2017 108 + 7.7% 68 - 12.5%
104 106 104
101 98 99 99
96 96 May-2017 99 + 7.5% 52 - 19.2%
92
Jun-2017 81 + 3.0% 50 - 14.6%
Jul-2017 75 - 5.9% 51 - 12.2%
Aug-2017 80 + 0.3% 51 - 15.6%
Sep-2017 79 + 4.7% 56 - 21.3%
Oct-2017 82 + 1.7% 68 - 3.1%
Nov-2017 89 - 1.3% 76 + 7.3%
Dec-2017 99 + 14.1% 79 + 0.3%
Jan-2018 99 + 6.9% 86 - 11.3%
2016 2017 2018 2016 2017 2018 2016 2017 2018 2016 2017 2018 Feb-2018 110 + 2.5% 98 + 2.1%
+3.3% +2.5% -4.8% +2.1% -6.6% +5.1% -3.2% -4.1% Average 92 + 5.2% 64 - 10.2%
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 March 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.

February Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Mar-2017 4.6 + 1.5% 3.0 - 9.2%

4.5 4.5 Apr-2017 4.7 + 2.0% 3.1 - 4.6%
May-2017 4.9 + 3.9% 3.2 - 5.2%
3.6 Jun-2017 5.1 + 0.9% 3.4 + 0.0%
3.1 Jul-2017 5.2 - 0.9% 3.5 - 1.8%
2.8 2.9
Aug-2017 5.0 - 2.8% 3.6 + 2.4%
Sep-2017 5.1 - 5.0% 3.7 + 2.8%
Oct-2017 4.9 - 6.8% 3.6 + 2.9%
Nov-2017 4.4 - 11.2% 3.2 + 1.8%
Dec-2017 3.7 - 15.1% 2.6 + 1.1%
Jan-2018 3.6 - 19.3% 2.6 + 2.4%
2016 2017 2018 2016 2017 2018 Feb-2018 3.6 - 20.3% 2.9 + 2.6%
-0.7% -20.3% -9.0% +2.6% Average 4.6 - 5.9% 3.2 - 0.5%
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 March 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.

February Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Mar-2017 4,137 + 2.0% 4,403 - 7.2%

4,450 Apr-2017 4,192 + 1.4% 4,567 - 4.5%
4,028 4,035 4,147 4,184 May-2017 4,415 + 2.2% 4,775 - 4.9%
Jun-2017 4,566 - 0.9% 5,051 - 0.3%
3,295
Jul-2017 4,640 - 1.8% 5,118 - 1.0%
Aug-2017 4,526 - 3.9% 5,226 + 3.1%
Sep-2017 4,571 - 4.5% 5,485 + 3.2%
Oct-2017 4,427 - 5.9% 5,250 + 3.6%
Nov-2017 4,028 - 9.8% 4,693 + 2.2%
Dec-2017 3,424 - 12.9% 3,769 + 1.0%
Jan-2018 3,321 - 17.1% 3,859 + 1.5%
2016 2017 2018 2016 2017 2018 Feb-2018 3,295 - 18.3% 4,184 + 0.9%
+0.2% -18.3% -6.8% +0.9% Average 4,129 - 5.6% 4,698 - 0.2%
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 March 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 2-2017 2-2018 +/– YTD 2017 YTD 2018 +/–

New Listings 4,394 4,171 - 5.1% 8,276 8,098 - 2.2%

2-2015 2-2016 2-2017 2-2018

Closed Sales 1,529 1,514 - 1.0% 3,099 2,955 - 4.6%

2-2015 2-2016 2-2017 2-2018

Under Contract 2,545 2,375 - 6.7% 4,584 4,457 - 2.8%

(Contingent and Pending)
2-2015 2-2016 2-2017 2-2018

Median Sales Price $246,000 $272,250 + 10.7% $252,500 $270,000 + 6.9%

2-2015 2-2016 2-2017 2-2018

Average Sales Price $345,846 $370,132 + 7.0% $351,104 $375,562 + 7.0%

2-2015 2-2016 2-2017 2-2018

Average List Price $515,630 $504,132 - 2.2% $510,932 $509,452 - 0.3%

2-2015 2-2016 2-2017 2-2018

Percent of Original List Price

94.9% 96.0% + 1.1% 94.9% 95.7% + 0.8%
Received
2-2015 2-2016 2-2017 2-2018

Housing Affordability Index 143 128 - 10.2% 138 128 - 7.2%

2-2015 2-2016 2-2017 2-2018

Market Time 100 103 + 3.0% 98 97 - 0.1%

2-2015 2-2016 2-2017 2-2018

Months Supply of Inventory 3.4 3.1 - 8.8% -- -- --

2-2015 2-2016 2-2017 2-2018

Inventory of Homes for Sale 8,182 7,479 - 8.6% -- -- --

2-2015 2-2016 2-2017 2-2018

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