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 2017 Quick Facts

The facts of residential real estate have remained consistent in 2017. In year-over-
year comparisons, the number of homes for sale has been fewer in most locales, - 3.3% - 9.8% + 1.2%
and homes have been selling in fewer days for higher prices. This hasn't always
been true, but it has been a common enough storyline to make it an overarching
1-Year Change in 1-Year Change in 1-Year Change in
trend for the year. Closed Sales Homes for Sale Median Sales Price
All Properties All Properties All Properties
New Listings in the City of Chicago were down 3.2 percent for detached homes but
were up 0.4 percent for attached properties. Listings Under Contract increased 21.5
percent for detached homes and 2.5 percent for attached properties. Detached Single-Family Overview 2
Attached Single-Family Overview 3
The Median Sales Price was up 2.3 percent to $220,000 for detached homes but
was down 1.6 percent to $302,975 for attached properties. Months Supply of New Listings 4
Inventory decreased 17.3 percent for detached units and 2.1 percent for attached Closed Sales 5
units.
Under Contract (contingent and pending) 6
New tax legislation could have ramifications on housing. The White House believes Median Sales Price 7
that the tax reform bill will have a small impact on home prices, lowering them by
Average Sales Price 8
less than 4 percent, and could conceivably boost homeownership. The National
Association of REALTORS® has stated that eliminating the mortgage interest Average List Price 9
deduction could hurt housing, as the doubled standard deduction would reduce the Percent of Original List Price Received 10
desire to take out a mortgage and itemize the interest associated with it, thus
reducing demand. This is a developing story. Housing Affordability Index 11
Market Time 12
Months Supply of Inventory 13
Inventory of Homes for Sale 14
All Properties Market Overview 15

Current as of December 14, 2017. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2017 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 11-2016 11-2017 +/– YTD 2016 YTD 2017 +/–

New Listings 1,388 1,344 - 3.2% 20,444 21,353 + 4.4%

11-2014 11-2015 11-2016 11-2017

Closed Sales 846 852 + 0.7% 9,995 10,094 + 1.0%

11-2014 11-2015 11-2016 11-2017

Under Contract 731 888 + 21.5% 10,200 10,572 + 3.6%

(Contingent and Pending)
11-2014 11-2015 11-2016 11-2017

Median Sales Price $215,000 $220,000 + 2.3% $222,125 $231,325 + 4.1%

11-2014 11-2015 11-2016 11-2017

Average Sales Price $301,142 $308,070 + 2.3% $338,639 $347,808 + 2.7%

11-2014 11-2015 11-2016 11-2017

Average List Price $406,495 $394,736 - 2.9% $466,613 $466,014 - 0.1%

11-2014 11-2015 11-2016 11-2017

Percent of Original List Price

94.1% 95.2% + 1.2% 95.7% 95.7% - 0.1%
Received
11-2014 11-2015 11-2016 11-2017

Housing Affordability Index 147 145 - 1.2% 139 135 - 2.5%

11-2014 11-2015 11-2016 11-2017

Market Time 85 88 + 3.3% 85 89 + 4.7%

11-2014 11-2015 11-2016 11-2017

Months Supply of Inventory 4.9 4.1 - 17.3% -- -- --

11-2014 11-2015 11-2016 11-2017

Inventory of Homes for Sale 4,459 3,801 - 14.8% -- -- --

11-2014 11-2015 11-2016 11-2017

Current as of December 14, 2017. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2017 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 11-2016 11-2017 +/– YTD 2016 YTD 2017 +/–

New Listings 1,572 1,578 + 0.4% 28,116 30,139 + 7.2%

11-2014 11-2015 11-2016 11-2017

Closed Sales 1,089 1,089 0.0% 16,112 16,493 + 2.4%

11-2014 11-2015 11-2016 11-2017

Under Contract 991 1,016 + 2.5% 16,691 16,846 + 0.9%

(Contingent and Pending)
11-2014 11-2015 11-2016 11-2017

Median Sales Price $308,000 $302,975 - 1.6% $310,000 $320,000 + 3.2%

11-2014 11-2015 11-2016 11-2017

Average Sales Price $364,436 $384,123 + 5.4% $374,262 $390,872 + 4.4%

11-2014 11-2015 11-2016 11-2017

Average List Price $438,932 $488,008 + 11.2% $446,816 $482,387 + 8.0%

11-2014 11-2015 11-2016 11-2017

Percent of Original List Price

95.9% 96.6% + 0.7% 96.6% 97.2% + 0.6%
Received
11-2014 11-2015 11-2016 11-2017

Housing Affordability Index 107 108 + 1.0% 106 104 - 2.3%

11-2014 11-2015 11-2016 11-2017

Market Time 68 71 + 4.9% 69 63 - 9.2%

11-2014 11-2015 11-2016 11-2017

Months Supply of Inventory 3.1 3.1 - 2.1% -- -- --

11-2014 11-2015 11-2016 11-2017

Inventory of Homes for Sale 4,579 4,533 - 1.0% -- -- --

11-2014 11-2015 11-2016 11-2017

Current as of December 14, 2017. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2017 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-2016 942 - 4.3% 938 + 4.0%

1,572 1,578 Jan-2017 1,666 + 15.8% 2,216 + 12.9%

30,139
1,491
27,830 28,116 Feb-2017 1,747 + 4.9% 2,647 + 0.5%
1,388 1,344
1,236 Mar-2017 2,189 + 13.5% 3,251 + 5.4%

21,353 Apr-2017 1,916 - 2.4% 2,947 - 3.3%

20,444
19,326 May-2017 2,250 + 6.4% 3,242 + 7.2%
Jun-2017 2,175 - 4.4% 3,149 + 8.8%
Jul-2017 2,000 + 1.4% 2,867 + 7.7%
Aug-2017 2,075 + 5.1% 2,911 + 16.3%
Sep-2017 2,065 + 6.0% 2,939 + 8.1%
Oct-2017 1,926 + 8.6% 2,392 + 18.8%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Nov-2017 1,344 - 3.2% 1,578 + 0.4%
+12.3% -3.2% +5.4% +0.4% +5.8% +4.4% +1.0% +7.2% Average 1,858 + 4.0% 2,590 + 7.1%
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

Current as of December 14, 2017. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2017 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-2016 814 - 7.1% 1,158 - 3.5%

16,493 Jan-2017 683 + 11.6% 889 + 13.2%

1,089 1,089 15,767 16,112
Feb-2017 616 - 9.4% 913 + 3.2%
946
Mar-2017 980 + 17.6% 1,565 + 18.8%
846 852
Apr-2017 930 0.0% 1,715 - 3.4%
706 9,995 10,094
9,654 May-2017 1,058 + 1.3% 1,986 + 2.7%
Jun-2017 1,164 + 0.5% 2,211 + 2.4%
Jul-2017 935 - 9.6% 1,763 + 1.2%
Aug-2017 1,056 - 1.3% 1,730 - 2.3%
Sep-2017 941 + 1.5% 1,410 - 4.0%
Oct-2017 879 + 2.1% 1,222 + 3.0%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Nov-2017 852 + 0.7% 1,089 0.0%
+19.8% +0.7% +15.1% 0.0% +3.5% +1.0% +2.2% +2.4% Average 909 + 0.3% 1,471 + 7.1%
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

Current as of December 14, 2017. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2017 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-2016 601 - 5.5% 879 + 4.5%

16,691 16,846 Jan-2017 784 + 5.9% 1,264 + 12.3%
16,247
986 991 1,016 Feb-2017 922 + 1.3% 1,629 - 0.2%
888 Mar-2017 1,134 + 2.2% 2,109 + 5.3%
Apr-2017 1,049 - 7.6% 1,945 - 7.5%
723 731 10,572
9,974 10,200 May-2017 1,086 - 1.0% 1,975 + 4.6%
Jun-2017 999 - 1.8% 1,665 - 7.0%
Jul-2017 897 + 1.2% 1,496 + 4.5%
Aug-2017 999 + 4.7% 1,391 - 0.4%
Sep-2017 861 + 10.8% 1,181 - 0.4%
Oct-2017 953 + 13.0% 1,175 + 2.5%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Nov-2017 888 + 21.5% 1,016 + 2.5%
+1.1% +21.5% +0.5% +2.5% +2.3% +3.6% +2.7% +0.9% Average 931 + 3.1% 1,477 + 1.1%
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

Current as of December 14, 2017. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2017 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-2016 $208,000 + 8.3% $310,000 + 6.9%

Jan-2017 $193,000 + 2.9% $313,250 + 18.2%
$320,000
$308,000 $302,975 $307,500 $310,000
Feb-2017 $185,250 + 0.1% $299,000 + 3.5%
$285,500
Mar-2017 $236,395 + 12.0% $328,950 + 7.9%

$222,125
$231,325 Apr-2017 $240,000 + 6.0% $329,200 + 2.3%
$215,000 $220,000
$200,000 May-2017 $258,000 + 9.8% $330,000 + 2.0%
$180,000
Jun-2017 $262,000 + 6.1% $325,960 + 0.3%
Jul-2017 $250,000 + 4.2% $325,000 + 1.6%
Aug-2017 $229,950 + 2.2% $316,000 + 3.6%
Sep-2017 $228,000 + 4.6% $312,000 + 4.3%
Oct-2017 $220,000 - 2.2% $314,000 + 4.9%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Nov-2017 $220,000 + 2.3% $302,975 - 1.6%
+19.4% +2.3% +7.9% -1.6% +11.1% +4.1% +0.8% +3.2% Median $230,000 + 4.5% $320,000 + 3.3%
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

Current as of December 14, 2017. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2017 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-2016 $317,555 - 0.6% $382,663 + 1.0%

Jan-2017 $305,836 - 3.8% $398,607 + 18.7%
$384,123 $390,872
$374,262
$364,436 $366,446 Feb-2017 $287,035 + 0.4% $389,544 + 8.8%
$349,243 $347,808
$338,639
$327,337 Mar-2017 $346,285 + 3.1% $387,106 + 8.2%
$301,142 $308,070
$281,737 Apr-2017 $371,535 + 4.2% $391,849 + 2.2%
May-2017 $398,947 + 13.4% $389,201 + 0.2%
Jun-2017 $399,567 + 2.2% $396,154 + 2.4%
Jul-2017 $382,872 + 3.1% $394,058 + 1.0%
Aug-2017 $328,677 - 1.3% $390,654 + 6.0%
Sep-2017 $329,459 + 4.8% $388,190 + 2.6%
Oct-2017 $314,090 - 2.0% $387,668 + 8.1%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Nov-2017 $308,070 + 2.3% $384,123 + 5.4%
+6.9% +2.3% +4.4% +5.4% +3.5% +2.7% +2.1% +4.4% Average $345,584 + 2.5% $390,334 + 4.2%
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

Current as of December 14, 2017. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2017 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-2016 $360,881 + 17.8% $418,100 + 13.4%

Jan-2017 $503,421 + 18.4% $508,758 + 14.1%
$488,008 $482,387 Feb-2017 $539,315 + 5.7% $500,627 + 16.1%
$466,613 $466,014
$438,932 $446,816
$429,799 Mar-2017 $499,319 + 10.3% $480,137 + 13.5%
$406,495 $412,524 $402,090
$394,736
$364,483 Apr-2017 $478,729 + 5.8% $488,973 + 5.7%
May-2017 $482,249 - 3.9% $483,347 + 4.8%
Jun-2017 $456,486 - 3.2% $486,478 + 10.3%
Jul-2017 $441,025 - 7.3% $448,662 + 5.2%
Aug-2017 $403,292 - 0.5% $441,512 + 4.2%
Sep-2017 $459,075 - 8.6% $505,954 + 0.6%
Oct-2017 $459,474 - 9.6% $483,586 + 6.7%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Nov-2017 $394,736 - 2.9% $488,008 + 11.2%
+ 11.5% - 2.9% + 2.1% + 11.2% + 13.1% - 0.1% + 11.1% + 8.0% Average $461,595 + 0.5% $480,448 + 8.1%
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

Current as of December 14, 2017. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2017 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-2016 94.2% + 0.5% 95.7% + 1.2%

Jan-2017 94.9% + 1.4% 95.5% + 1.6%

94.5% 94.1% 95.2% 95.0% 95.9% 96.6% 94.8% 95.7% 95.7% 95.9% 96.6% 97.2% Feb-2017 94.6% - 0.2% 95.7% + 0.8%
Mar-2017 95.4% - 0.8% 97.1% + 0.8%
Apr-2017 95.7% - 0.0% 97.5% + 0.3%
May-2017 96.6% + 0.1% 98.1% + 0.7%
Jun-2017 96.3% - 0.7% 98.0% + 0.6%
Jul-2017 97.0% + 0.8% 97.6% + 0.1%
Aug-2017 95.9% - 0.2% 97.3% + 0.5%
Sep-2017 95.4% - 0.4% 96.9% + 0.8%
Oct-2017 94.4% - 1.1% 96.3% + 0.2%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Nov-2017 95.2% + 1.2% 96.6% + 0.7%
-0.4% +1.2% +0.9% +0.7% +0.9% -0.1% +0.7% +0.6% Average 95.6% + 0.0% 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

Current as of December 14, 2017. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2017 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
170 151
Dec-2016 144 - 8.2% 102 - 8.2%
139 135
147 145 Jan-2017 152 - 4.2% 99 - 18.6%
Feb-2017 163 - 4.2% 106 - 8.7%
107 106 104 Mar-2017 129 - 11.9% 99 - 11.1%
115
107 108
Apr-2017 128 - 7.3% 100 - 4.6%
May-2017 120 - 11.3% 101 - 3.2%
Jun-2017 118 - 7.6% 101 - 4.1%
Jul-2017 124 - 6.3% 102 - 4.2%
Aug-2017 139 - 3.1% 105 - 6.1%
Sep-2017 140 - 6.2% 106 - 5.6%
Oct-2017 143 - 2.6% 104 - 10.0%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Nov-2017 145 - 1.2% 108 + 1.0%
-13.5% -1.2% -6.5% +1.0% -8.0% -2.5% -1.1% -2.3% Average 137 - 6.1% 103 - 7.1%
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

Current as of December 14, 2017. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2017 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-2016 87 - 2.4% 77 - 13.5%

88 89 89 Jan-2017 92 - 7.8% 95 - 1.9%

85 85
80 81 Feb-2017 101 - 1.1% 94 - 4.3%
76
71 69 Mar-2017 111 + 12.8% 81 - 11.1%
68
63 Apr-2017 103 + 8.5% 68 - 10.3%
May-2017 95 + 9.3% 51 - 17.2%
Jun-2017 80 + 2.8% 49 - 14.9%
Jul-2017 75 - 0.2% 50 - 12.4%
Aug-2017 79 + 0.2% 50 - 11.1%
Sep-2017 78 + 7.1% 55 - 18.2%
Oct-2017 81 + 1.9% 68 - 0.7%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Nov-2017 88 + 3.3% 71 + 4.9%
+6.9% +3.3% -15.6% +4.9% -4.5% +4.7% -8.3% -9.2% Average 89 + 3.7% 64 - 9.6%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Market Time Detached Single-Family Attached Single-Family

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

Current as of December 14, 2017. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2017 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-2016 4.4 - 2.7% 2.5 - 12.1%

Jan-2017 4.4 - 0.0% 2.6 - 12.0%
5.1 4.9 Feb-2017 4.4 - 1.0% 2.8 - 9.6%

4.1 Mar-2017 4.5 + 1.0% 2.9 - 9.9%

Apr-2017 4.6 + 1.4% 3.1 - 5.3%
3.5
3.1 3.1 May-2017 4.9 + 3.3% 3.2 - 5.9%
Jun-2017 5.1 + 0.4% 3.4 - 0.2%
Jul-2017 5.1 - 1.8% 3.4 - 2.5%
Aug-2017 5.0 - 4.1% 3.5 + 1.8%
Sep-2017 4.9 - 6.9% 3.7 + 1.8%
Oct-2017 4.7 - 10.1% 3.5 + 1.4%
2015 2016 2017 2015 2016 2017 Nov-2017 4.1 - 17.3% 3.1 - 2.1%
-3.4% -17.3% -10.2% -2.1% Average 4.7 - 3.3% 3.1 - 4.3%
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

Current as of December 14, 2017. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2017 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-2016 3,928 - 1.0% 3,716 - 9.6%

Jan-2017 3,994 + 1.8% 3,785 - 8.9%
4,957 Feb-2017 4,023 - 0.1% 4,124 - 7.3%
4,514 4,459 4,579 4,533
Mar-2017 4,119 + 1.6% 4,374 - 7.8%
3,801 Apr-2017 4,174 + 1.0% 4,536 - 5.1%
May-2017 4,396 + 1.8% 4,742 - 5.4%
Jun-2017 4,550 - 1.2% 5,037 - 0.4%
Jul-2017 4,607 - 2.5% 5,080 - 1.6%
Aug-2017 4,478 - 4.8% 5,187 + 2.5%
Sep-2017 4,495 - 6.0% 5,429 + 2.4%
Oct-2017 4,301 - 8.5% 5,173 + 2.4%
2015 2016 2017 2015 2016 2017 Nov-2017 3,801 - 14.8% 4,533 - 1.0%
-1.2% -14.8% -7.6% -1.0% Average 4,239 - 2.9% 4,643 - 3.1%
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

Current as of December 14, 2017. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2017 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 11-2016 11-2017 +/– YTD 2016 YTD 2017 +/–

New Listings 3,925 3,663 - 6.7% 61,642 64,268 + 4.3%

11-2014 11-2015 11-2016 11-2017

Closed Sales 2,425 2,346 - 3.3% 31,423 31,849 + 1.4%

11-2014 11-2015 11-2016 11-2017

Under Contract 2,163 2,371 + 9.6% 32,313 33,108 + 2.5%

(Contingent and Pending)
11-2014 11-2015 11-2016 11-2017

Median Sales Price $255,000 $258,000 + 1.2% $270,000 $280,000 + 3.7%

11-2014 11-2015 11-2016 11-2017

Average Sales Price $331,327 $346,520 + 4.6% $355,638 $369,764 + 4.0%

11-2014 11-2015 11-2016 11-2017

Average List Price $413,060 $429,271 + 3.9% $441,674 $465,457 + 5.4%

11-2014 11-2015 11-2016 11-2017

Percent of Original List Price

94.9% 95.7% + 0.8% 95.9% 96.3% + 0.4%
Received
11-2014 11-2015 11-2016 11-2017

Housing Affordability Index 135 135 + 0.1% 127 124 - 2.4%

11-2014 11-2015 11-2016 11-2017

Market Time 81 81 0.0% 81 78 - 3.5%

11-2014 11-2015 11-2016 11-2017

Months Supply of Inventory 5.1 4.5 - 11.8% -- -- --

11-2014 11-2015 11-2016 11-2017

Inventory of Homes for Sale 14,554 13,126 - 9.8% -- -- --

11-2014 11-2015 11-2016 11-2017

Current as of December 14, 2017. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2017 ShowingTime. | 15