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Market Expert Class – City – June 2011

Overview: Post stimulus package numbers began reporting this month with June 2010 being the first
month AFTER the mandatory “Under Contract Date” to qualify for the Home Buyer Tax Credit of 2010.
Therefore our numbers for Under Contract Properties (June 2011 compared to 2010) show significant
increases in the amount of properties going under contract for the city of Chicago.

Where this is a positive trend, we must be cautious when analyzing these numbers due to the “ebb and
flow” momentum created by the tax buyer credit of 2010. Conversely, SOLD numbers for this month
(i.e. closed properties) are significantly less than 1 year ago since properties were initially required to
close by June 2010 (then extended to August).

Positives to the market include a continual decline in the overall inventory of For Sale properties and a
steady decrease in average MSI (Month’s Supply of Inventory).

    1. Crains Article – Home Price upticks for specific neighborhoods since 2000
    2. Data from CAR Fast Stats – Shows decline in closed properties 2010 vs. 2011 April (AT & DE)
    3. Change in Property Types (N. Side) – This is a graph pulled from all closed properties in
       April/May in 2010 vs. 2011. The results show that home buyers are choosing to invest a higher
       amount of money in space (sq.ft) for their home.



Agent Metrics Trends:

    •   2 Year Total trend is decrease across the board (FS, UC, Sold)
    •   Decline of almost 30% in For Sale properites for 2 year trend (non Bank Owned)
    •   Bank property decrease of almost 8% (due to lack of Bank release)
    •   1 Year Trend shows over 25% decrease in inventory and 50% increase in UC
            o Effect of post stimulus package
    •   Sales to Original Price trends remain constant with 15% difference between two
            o DOM difference remains +/- 100 days
    •   Sales to List Price (final list price) ratio still shows higher % for those with no price reductions
            o DOM difference remains +/- 100 days
    •   Months’ supply of Inventory reaches 2 year low in May of 2011 of 7.1
            o MSI = #properties ACTV/#properties UC for that month
    •   N. Side neighborhoods have followed trends above, with a 63% increase in UC numbers

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                                                                                                                            A D V E RT I SI N G

Uptown sees decade's biggest uptick in home prices
                                                                                                          Recent Residential News
By: Frank Kalman June 02, 2011
                                                                                                          Residential real estate: Noted personal-
                                                  (Crain's) — The housing rollercoaster ride of           injury attorney pays $5.5 mil. for Lake
                                                  the last decade ended badly for most local              Forest home
                                                  homeow ners, but residents of Andersonville             Ow ners aim to house artists in ex-Spiegel
                                                  and Uptow n can't complain about too much.              w arehouse
                                                  An index of single-family home prices in the            Condo developers face spate of suits over
                                                  60640 zip code, w hich includes the tw o North          earnest money
                                                  Side neighborhoods, rose 39.3% from the                 Middleby CEO | Gold Coast sale | Bluhm son
                                                  end of 2000 to the end of 2010, according to
                                                  Fiserv Inc. That's the biggest 10-year gain             Bedbug-sniffing dog gets under condo
                                                  among all of the 252 local zip codes tracked            owner's skin
                                                  by Fiserv, a financial services firm that               Big Winnetka sale | Blackhaw ks scout |
                                                  calculates the widely follow ed Standard &              Highland Park
                                                  Poor's/Case-Shiller Home Price Indices.                 More Residential News...
                                                  Prices in once-hot neighborhoods like Lincoln
                                                                                                           Comment on our stories
                                                  Square, Ravensw ood, Irving Park and Garfield
                                                                                                           Scroll to the bottom to share your thoughts.
                                                  Park gained nearly as much, even after
                                                  sustaining double-digit drops in the bust of
                                                  recent years. The data reflect a familiar
                                                                                                                            A D V E RT I SI N G
                                                  pattern of gentrification as buyers, unable to
                                                  afford homes in places like Lincoln Park and
                                                  Bucktow n, sought out less expensive options
                                                  nearby. The influx has driven up prices in
                                                  places such as Uptow n and Andersonville.
                                                  “So many more families are w anting to stay in
                                                  the city, and prices in those areas have
                                                  gotten astronomically high,” says Thaddeus
                                                  Wong, co-founder of local residential                 Test your know ledge of the Chicago housing
brokerage @properties.                                                                                  market. Guess the prices of recent home sales.
Indeed, neighborhoods like Andersonville and Lincoln Square are a lot less affordable now               Click here to play!
than they w ere in 2000. Lincoln Square's 60625 zip code had the 13th-highest median home
price among Chicago-area zip codes, $548,000, while 60640 (Uptown/Andersonville) ranked
14th, at $540,000. The highest: Glencoe's 60022, at $952,000, follow ed by the 60614 zip-
code in Lincoln Park, at $945,000.

“People that w ere priced out of neighborhoods (like Bucktow n and Wicker Park) w ere seeing
Uptow n as a sort of fringe — probably a similar dynamic w as going on in Garfield Park,” says
Philip Ashton, an assistant professor of urban planning and policy at the University of Illinois
at Chicago. “In a lot of cases, demand exceeded supply in a lot of targeted neighborhoods.”

The influx of young professionals, meanw hile, attracted retailers, further boosting the appeal
of the neighborhoods.

“With all the more commercial (development), it makes the neighborhood more desirable to
live in,” says Jeanne Carava, a broker w ith Prudential Rubloff Properties w ho's had listings
near Andersonville for 15 years. “When the first Starbucks w ent in (in Andersonville), there
was just a lot more confidence.”

Just one zip code outside the city — 60515 in west suburban Dow ners Grove — made it into
the top 10 local price gainers of the decade, w ith a 32.5% increase, according to Brookfield,
Wis.-based Fiserv. The biggest loser: south suburban Lansing, where prices fell 14.8% over
the 10-year-period.

With a high foreclosure rate, a w eak job market, a tight lending climate and persistent
pessimism among buyers, the broader picture remains gloomy. The Standard's & Poor's/Case
Shiller index of Chicago-area single-family home prices fell 2.4% from February to March and
was dow n 7.6% from the year-earlier level, hitting its low est point in 10 years.

Mr. Ashton of UIC expects prices to continue their slide, predicting that some neighborhoods
like Pilsen and Garfield Park may even fall below 2001 levels.

"We still got a long w ay to go for some areas in the city," he says.
CHICAGOLAND ASSOCIATION OF REALTORS
                                                                                                                                   May 2011 Sales for Detached Single Family - Listed by TOWN
                                                                                                                                                   Coverage Area: CHICAGO



        Detached Single Family         # OF HOUSES SOLD       AVERAGE SALE PRICE                                   MEDIAN SALE PRICE                                TIME ON MARKET                     AVERAGE NEW LISTINGS            MEDIAN NEW LISTINGS      # OF NEW LISTINGS
               TOWN                   MTD    MTD      MTD AVG PRICE AVG PRICE MTD                              MEDIAN     MEDIAN      MTD                     AVG            AVG              MTD     AVG        AVG        MTD     MEDIAN    MEDIAN      MTD   MTD MTD      MTD
                                      2011   2010 % CHG      2011      2010    % CHG                            2011       2010     % CHG                     MTD            MTD            % CHG     2011       2010     % CHG       MTD       MTD     % CHG 2011 2010 % CHG
        CHICAGO - ROGERS PARK           0      2   -100.0%         -   285,000 -100.0%                                 -    285,000 -100.0%                             -       125        -100.0%     621,760    450,243 38.1%       439,000   439,000   0.0%    5    7   -28.6%
          CHICAGO - WEST RIDGE          7     14    -50.0%   257,804   296,604 -13.1%                            249,000    322,500 -22.8%                            207        61        239.3%      316,876    340,933  -7.1%      324,500   364,900 -11.1%   29   21    38.1%
               CHICAGO - UPTOWN         2      3    -33.3%   547,750   479,667 14.2%                             547,750    603,000  -9.2%                            145        83         74.7%      887,000  1,066,317 -16.8%      977,000   784,000 24.6%     4    6   -33.3%
     CHICAGO - LINCOLN SQUARE           8      8      0.0%   531,500   514,688   3.3%                            481,000    470,000   2.3%                            111        89         24.7%      744,432    607,068 22.6%       697,000   569,000 22.5%    22   19    15.8%
       CHICAGO - NORTH CENTER          15     13     15.4%   873,733   917,333  -4.8%                            831,000    853,825  -2.7%                            154       103         49.5%    1,006,706  1,186,396 -15.1%      894,000   790,000 13.2%    34   35    -2.9%
            CHICAGO - LAKE VIEW        14     15     -6.7%   915,214   974,267  -6.1%                            802,500    890,000  -9.8%                            154       155          -0.6%   1,180,087  1,483,510 -20.5%    1,275,000 1,469,450 -13.2%   42   30    40.0%
        CHICAGO - LINCOLN PARK         14     18    -22.2% 1,504,054 1,728,150 -13.0%                          1,278,500  1,437,500 -11.1%                            221       243          -9.1%   1,939,297  1,817,446   6.7%    1,762,000 1,399,000 25.9%    58   41    41.5%
   CHICAGO - NEAR NORTH SIDE            0      0      0.0%         -         -   0.0%                                  -          -   0.0%                              -         -          0.0%    1,933,150  2,766,250 -30.1%    1,635,000 3,047,500 -46.3%   12    4   200.0%
         CHICAGO - EDISON PARK          5      7    -28.6%   307,000   338,214  -9.2%                            325,000    315,000   3.2%                            104       255         -59.2%     381,927    338,744 12.7%       290,000   285,000   1.8%   15    9    66.7%
     CHICAGO - NORWOOD PARK            24     26     -7.7%   249,892   294,087 -15.0%                            248,500    270,000  -8.0%                            182       199          -8.5%     353,196    362,685  -2.6%      289,900   331,250 -12.5%   57   58    -1.7%
    CHICAGO - JEFFERSON PARK           11     11      0.0%   182,955   255,264 -28.3%                            172,000    215,000 -20.0%                             98        50         96.0%      263,067    333,276 -21.1%      262,250   285,000  -8.0%   30   33    -9.1%
        CHICAGO - FOREST GLEN          10     20    -50.0%   414,300   469,500 -11.8%                            405,000    440,000  -8.0%                            167       184          -9.2%     467,374    541,626 -13.7%      424,700   487,200 -12.8%   38   38    0.0%
          CHICAGO - NORTH PARK          4      7    -42.9%   366,000   317,214 15.4%                             303,000    250,000 21.2%                             158       125         26.4%      336,878    359,422  -6.3%      359,000   374,900  -4.2%    9    9    0.0%
         CHICAGO - ALBANY PARK         10     11     -9.1%   244,479   348,682 -29.9%                            220,000    312,000 -29.5%                            169       109         55.0%      312,547    327,756  -4.6%      249,900   259,900  -3.8%   15    9    66.7%
       CHICAGO - PORTAGE PARK          27     29     -6.9%   181,276   232,666 -22.1%                            160,000    220,000 -27.3%                            134       165         -18.8%     260,914    274,086  -4.8%      239,450   254,950  -6.1%   64   62    3.2%
          CHICAGO - IRVING PARK        14     19    -26.3%   247,055   338,821 -27.1%                            151,500    325,000 -53.4%                            169       119         42.0%      385,627    416,407  -7.4%      350,000   279,000 25.4%    41   29    41.4%
              CHICAGO - DUNNING        27     36    -25.0%   189,396   195,711  -3.2%                            175,000    195,000 -10.3%                             91       149         -38.9%     227,361    269,587 -15.7%      239,000   236,800   0.9%   71   60    18.3%
          CHICAGO - MONTCLARE           9     10    -10.0%   151,644   193,100 -21.5%                            155,000    192,500 -19.5%                            170       193         -11.9%     235,109    198,227 18.6%       229,000   178,950 28.0%    11   22   -50.0%
    CHICAGO - BELMONT CRAGIN           29     31     -6.5%   139,048   148,957  -6.7%                            140,000    147,175  -4.9%                            106        95         11.6%      167,146    165,787   0.8%      162,400   150,750   7.7%   56   42    33.3%
             CHICAGO - HERMOSA          4      5    -20.0%   109,500   125,300 -12.6%                             66,000     96,500 -31.6%                            165        91         81.3%      176,545    129,685 36.1%       170,000    94,900 79.1%    11   13   -15.4%
            CHICAGO - AVONDALE          8      7     14.3%   218,288   180,071 21.2%                             215,900    185,000 16.7%                              71       227         -68.7%     316,438    222,736 42.1%       286,800   161,450 77.6%    16   14    14.3%
       CHICAGO - LOGAN SQUARE          16     12     33.3%   431,794   529,367 -18.4%                            329,500    465,250 -29.2%                            196       106         84.9%      565,223    627,708 -10.0%      394,450   549,000 -28.2%   48   41    17.1%
     CHICAGO - HUMBOLDT PARK            5     12    -58.3%    71,550    62,429 14.6%                              60,000     56,875   5.5%                            157       132         18.9%      145,418    106,259 36.9%       140,000    84,000 66.7%    29   22    31.8%
          CHICAGO - WEST TOWN          12      8     50.0%   456,729   611,188 -25.3%                            434,500    569,000 -23.6%                             99       133         -25.6%     754,658    864,050 -12.7%      699,900   740,000  -5.4%   45   29    55.2%
                CHICAGO - AUSTIN       14     32    -56.3%   112,671    80,690 39.6%                             122,500     42,500 188.2%                            100        55         81.8%      160,756    134,317 19.7%       150,000   139,900   7.2%   39   41    -4.9%
CHICAGO - WEST GARFIELD PARK            1      1      0.0%    49,900    10,500 375.2%                             49,900     10,500 375.2%                            389        35        1011.4%      39,950     90,290 -55.8%       39,950    20,000 99.8%     2    5   -60.0%
CHICAGO - EAST GARFIELD PARK            1      0    100.0%    14,000         -   0.0%                             14,000          -   0.0%                            170         -          0.0%      131,233    178,469 -26.5%      119,000   174,450 -31.8%    6    8   -25.0%
     CHICAGO - NEAR WEST SIDE           0      2   -100.0%         -   363,500 -100.0%                                 -    363,500 -100.0%                             -       200        -100.0%     452,957    317,980 42.4%       347,000   280,000 23.9%     7    5    40.0%
   CHICAGO - NORTH LAWNDALE             2      1    100.0%    19,185    21,000  -8.6%                             19,184     21,000  -8.6%                             75        22        240.9%       74,643     45,640 63.5%        61,000    14,500 320.7%    7    5    40.0%
   CHICAGO - SOUTH LAWNDALE             8      4    100.0%    57,101    36,625 55.9%                              55,000     40,000 37.5%                              77        49         57.1%       68,700     63,770   7.7%       69,900    72,000  -2.9%    4   10   -60.0%
   CHICAGO - LOWER WEST SIDE            1      1      0.0%    50,000    52,000  -3.8%                             50,000     52,000  -3.8%                            207       105         97.1%      145,000    208,075 -30.3%      145,000   129,250 12.2%     1    4   -75.0%
                  CHICAGO - LOOP        0      0      0.0%         -         -   0.0%                                  -          -   0.0%                              -         -          0.0%            -    370,000 -100.0%           -   370,000 -100.0%   0    1  -100.0%
    CHICAGO - NEAR SOUTH SIDE           0      1   -100.0%         - 1,046,000 -100.0%                                 -  1,046,000 -100.0%                             -        25        -100.0%           -  2,900,000 -100.0%           - 2,900,000 -100.0%   0    1  -100.0%
    CHICAGO - ARMOUR SQUARE             0      0      0.0%         -         -   0.0%                                  -          -   0.0%                              -         -          0.0%      249,000    259,000  -3.9%      249,000   259,000  -3.9%    1    1    0.0%
              CHICAGO - DOUGLAS         0      2   -100.0%         -   292,500 -100.0%                                 -    292,500 -100.0%                             -       476        -100.0%     279,967    241,650 15.9%       235,000   189,950 23.7%     3    3    0.0%
              CHICAGO - OAKLAND         1      0    100.0%   420,000         -   0.0%                            420,000          -   0.0%                              1         -          0.0%      161,494     66,100 144.3%       73,587    66,100 11.3%     4    1   300.0%
         CHICAGO - FULLER PARK          2      2      0.0%   155,500    72,450 114.6%                            155,500     72,450 114.6%                             30        25         20.0%       13,000    130,000 -90.0%       13,000   130,000 -90.0%    1    1    0.0%
  CHICAGO - GRAND BOULEVARD             2      4    -50.0%   194,000   316,250 -38.7%                            194,000    372,500 -47.9%                            262       426         -38.5%     315,456    322,480  -2.2%      380,000   362,900   4.7%    9   15   -40.0%
             CHICAGO - KENWOOD          2      3    -33.3% 1,030,750   521,567 97.6%                           1,030,750    509,700 102.2%                            305       277         10.1%    1,072,580    783,238 36.9%       825,000   639,500 29.0%     5   13   -61.5%
  CHICAGO - WASHINGTON PARK             3      0    100.0%    10,542         -   0.0%                             13,625          -   0.0%                             70         -          0.0%            -     13,900 -100.0%           -    13,900 -100.0%   0    1  -100.0%
            CHICAGO - HYDE PARK         2      2      0.0%   430,000   692,500 -37.9%                            430,000    692,500 -37.9%                            248        82        202.4%      379,000    944,480 -59.9%      379,000   849,000 -55.4%    2    5   -60.0%
           CHICAGO - WOODLAWN           4      2    100.0%    69,095   197,000 -64.9%                             67,500    197,000 -65.7%                            172        95         81.1%       50,475     85,820 -41.2%       43,500    61,400 -29.2%    4    5   -20.0%
        CHICAGO - SOUTH SHORE           6      6      0.0%   142,283   215,367 -33.9%                             51,850    180,000 -71.2%                            229        93        146.2%      136,115    173,738 -21.7%      129,900   159,900 -18.8%   23   16    43.8%
              CHICAGO - CHATHAM        14     14      0.0%    92,859   109,679 -15.3%                             69,500    112,500 -38.2%                            162       124         30.6%      122,920    133,096  -7.6%      131,450    95,450 37.7%    20   28   -28.6%
        CHICAGO - AVALON PARK           8      5     60.0%    82,913    94,600 -12.4%                             43,700     56,000 -22.0%                            111        41        170.7%      136,567    126,125   8.3%      129,900   122,450   6.1%    9   12   -25.0%
      CHICAGO - SOUTH CHICAGO           8     16    -50.0%    36,519    63,958 -42.9%                             20,825     44,950 -53.7%                            104       196         -46.9%     131,394     94,925 38.4%       120,000    87,450 37.2%    17   20   -15.0%
             CHICAGO - BURNSIDE         2      1    100.0%    75,000    30,000 150.0%                             75,000     30,000 150.0%                             36       436         -91.7%      59,200    163,550 -63.8%       57,000   168,250 -66.1%    5    6   -16.7%
   CHICAGO - CALUMET HEIGHTS            9      5     80.0%    73,744   132,870 -44.5%                             54,900    179,000 -69.3%                            119       159         -25.2%     131,843    130,398   1.1%      163,700   155,083   5.6%   14   16   -12.5%
            CHICAGO - ROSELAND         20     17     17.6%    32,953    68,508 -51.9%                             16,750     36,000 -53.5%                            156        85         83.5%       73,856     93,023 -20.6%       57,000    92,000 -38.0%   48   57   -15.8%
              CHICAGO - PULLMAN         1      3    -66.7%   149,900   145,267   3.2%                            149,900    147,900   1.4%                            400        77        419.5%      105,100    109,700  -4.2%       99,500   112,450 -11.5%    3    4   -25.0%
      CHICAGO - SOUTH DEERING           4      1    300.0%    20,927    39,000 -46.3%                             21,276     39,000 -45.4%                            184        18        922.2%       79,843     61,933 28.9%        74,900    64,900 15.4%     7    9   -22.2%
             CHICAGO - EAST SIDE       10      6     66.7%    96,232   120,483 -20.1%                             96,000    110,000 -12.7%                            237        55        330.9%      146,586     94,522 55.1%       134,900   109,900 22.7%     7    9   -22.2%
       CHICAGO - WEST PULLMAN          19     22    -13.6%    36,682    42,377 -13.4%                             29,000     23,525 23.3%                             108        80         35.0%       85,305     61,251 39.3%        84,950    43,950 93.3%    28   34   -17.6%
            CHICAGO - RIVERDALE         0      0      0.0%         -         -   0.0%                                  -          -   0.0%                              -         -          0.0%            -     55,000 -100.0%           -    55,000 -100.0%   0    1  -100.0%
          CHICAGO - HEGEWISCH           3      7    -57.1%   163,833   118,557 38.2%                             115,000    124,500  -7.6%                            157       172          -8.7%     118,892    153,575 -22.6%      133,900   154,450 -13.3%   11    8    37.5%
      CHICAGO - GARFIELD RIDGE         18     31    -41.9%   160,606   178,779 -10.2%                            137,500    185,000 -25.7%                            155       166          -6.6%     197,977    212,885  -7.0%      186,000   199,900  -7.0%   51   36    41.7%
    CHICAGO - ARCHER HEIGHTS            9      3    200.0%   136,322   129,967   4.9%                            141,000    164,900 -14.5%                            126       170         -25.9%     141,813    154,954  -8.5%      159,950   158,950   0.6%    8   12   -33.3%




                 Disclaimer:
                 Statistics provided using data from Midwest Real Estate Data LLC.
                 The Association makes no claim as to the accuracy of this data and has provided this data as a service to our members.
CHICAGOLAND ASSOCIATION OF REALTORS
                                                                                                                                  May 2011 Sales for Attached Single Family - Listed by TOWN
                                                                                                                                                  Coverage Area: CHICAGO



        Attached Single Family          # OF HOUSES SOLD       AVERAGE SALE PRICE                                  MEDIAN SALE PRICE                                TIME ON MARKET             AVERAGE NEW LISTINGS         MEDIAN NEW LISTINGS        # OF NEW LISTINGS
                TOWN                   MTD     MTD     MTD AVG PRICE AVG PRICE MTD                              MEDIAN   MEDIAN      MTD                    AVG            AVG         MTD     AVG      AVG       MTD     MEDIAN   MEDIAN      MTD     MTD MTD       MTD
                                       2011    2010 % CHG    2011      2010    % CHG                             2011      2010     % CHG                   MTD            MTD       % CHG     2011     2010    % CHG      MTD       MTD     % CHG     2011 2010 % CHG
        CHICAGO - ROGERS PARK           38      47   -19.1%   88,938   154,893 -42.6%                             63,525   137,500 -53.8%                          169         141   19.9%     165,818  162,269   2.2%     154,950   156,150  -0.8%      70 102 -31.4%
          CHICAGO - WEST RIDGE          31      44   -29.5%   62,368   103,850 -39.9%                             51,000    87,500 -41.7%                          130         122    6.6%     106,286  144,877 -26.6%      79,000   122,400 -35.5%      81 108 -25.0%
               CHICAGO - UPTOWN         37      46   -19.6%  208,939   241,646 -13.5%                            210,199   245,500 -14.4%                          189          83  127.7%     238,053  248,196  -4.1%     230,000   245,950  -6.5%     117 124     -5.6%
     CHICAGO - LINCOLN SQUARE           38      39    -2.6%  225,876   250,009  -9.7%                            240,000   258,000  -7.0%                          142         115   23.5%     245,106  241,802   1.4%     249,900   244,500   2.2%      59  47    25.5%
       CHICAGO - NORTH CENTER           34      44   -22.7%  339,559   387,168 -12.3%                            341,661   384,000 -11.0%                          188         162   16.0%     381,578  366,181   4.2%     369,900   376,950  -1.9%      49  46     6.5%
            CHICAGO - LAKE VIEW        119      181  -34.3%  360,198   347,879   3.5%                            340,000   315,900   7.6%                          140         131    6.9%     367,167  354,555   3.6%     350,000   299,900 16.7%      301 290     3.8%
        CHICAGO - LINCOLN PARK          61      84   -27.4%  407,599   421,895  -3.4%                            395,000   407,500  -3.1%                          197         129   52.7%     472,418  478,598  -1.3%     419,900   439,000  -4.4%     183 188     -2.7%
   CHICAGO - NEAR NORTH SIDE           177      197  -10.2%  475,556   486,677  -2.3%                            333,000   352,500  -5.5%                          196         174   12.6%     633,583  638,061  -0.7%     395,000   369,900   6.8%     412 452     -8.8%
         CHICAGO - EDISON PARK           2       1   100.0%   85,000   135,000 -37.0%                             85,000   135,000 -37.0%                          618           5 12260.0%    160,718  173,640  -7.4%     159,999   180,950 -11.6%      11  10    10.0%
     CHICAGO - NORWOOD PARK              1       2   -50.0%  125,000   117,000   6.8%                            125,000   117,000   6.8%                          567         179  216.8%     140,184  164,833 -15.0%     117,500   154,700 -24.0%      19  12    58.3%
    CHICAGO - JEFFERSON PARK             3       5   -40.0%  116,667   142,800 -18.3%                            140,000   140,000   0.0%                          515         185  178.4%      97,529  189,685 -48.6%      87,900   197,000 -55.4%      7   13    -46.2%
        CHICAGO - FOREST GLEN            3       1   200.0%  175,000   122,000 43.4%                             175,000   122,000 43.4%                           137         390   -64.9%    492,300  281,840 74.7%      499,500   244,900 104.0%      5   10    -50.0%
          CHICAGO - NORTH PARK           3       3     0.0%   63,167   108,633 -41.9%                             74,000    54,900 34.8%                           143          81   76.5%     185,431  188,708  -1.7%     160,900   175,000  -8.1%      16  13    23.1%
         CHICAGO - ALBANY PARK          10       6    66.7%   96,875   177,900 -45.5%                             74,500   176,250 -57.7%                          230          87  164.4%     157,183  157,996  -0.5%     165,000   150,000 10.0%       29  43    -32.6%
       CHICAGO - PORTAGE PARK            5       7   -28.6%  102,800   169,684 -39.4%                             47,000   130,000 -63.8%                          114         324   -64.8%    130,942  146,177 -10.4%     109,700   129,450 -15.3%      13  26    -50.0%
          CHICAGO - IRVING PARK         11      16   -31.3%  154,636   155,875  -0.8%                            115,500   139,750 -17.4%                          146         179   -18.4%    183,279  197,798  -7.3%     175,000   198,250 -11.7%      34  40    -15.0%
              CHICAGO - DUNNING          2       7   -71.4%  126,000   171,481 -26.5%                            126,000   186,000 -32.3%                           18         109   -83.5%    135,709  145,742  -6.9%     150,000   137,000   9.5%      11  19    -42.1%
          CHICAGO - MONTCLARE            0       3  -100.0%        -   135,083 -100.0%                                 -   132,750 -100.0%                            -        324  -100.0%     90,000  143,700 -37.4%      90,000   157,900 -43.0%      1    6    -83.3%
    CHICAGO - BELMONT CRAGIN             4      10   -60.0%   48,588    74,580 -34.9%                             32,175    41,250 -22.0%                           24         157   -84.7%    101,638  113,513 -10.5%      89,500   125,000 -28.4%      13  15    -13.3%
             CHICAGO - HERMOSA           2       1   100.0%    8,250    38,000 -78.3%                              8,250    38,000 -78.3%                           54          18  200.0%      54,900        -   0.0%      54,900         -   0.0%      2    0   100.0%
            CHICAGO - AVONDALE          11      12    -8.3%  120,264   193,985 -38.0%                            129,000   181,500 -28.9%                          199         144   38.2%     191,208  248,495 -23.1%     152,400   249,450 -38.9%      24  22     9.1%
       CHICAGO - LOGAN SQUARE           28      30    -6.7%  246,729   298,492 -17.3%                            252,500   282,750 -10.7%                          288         161   78.9%     308,114  297,416   3.6%     285,000   299,999  -5.0%      69  77    -10.4%
     CHICAGO - HUMBOLDT PARK             5       3    66.7%   29,830    30,467  -2.1%                             14,000    39,000 -64.1%                          102          59   72.9%      52,717   60,245 -12.5%      48,200    67,500 -28.6%      6   10    -40.0%
          CHICAGO - WEST TOWN           76      101  -24.8%  363,676   351,974   3.3%                            330,000   340,000  -2.9%                          168         138   21.7%     374,552  373,116   0.4%     359,000   364,500  -1.5%     191 204     -6.4%
                CHICAGO - AUSTIN         6       6     0.0%   44,250    80,500 -45.0%                             31,500    57,000 -44.7%                           53         337   -84.3%    108,122  119,657  -9.6%      69,900    85,000 -17.8%      9   21    -57.1%
CHICAGO - WEST GARFIELD PARK             1       1     0.0%   36,000     7,900 355.7%                             36,000     7,900 355.7%                          451          70  544.3%      32,500  150,893 -78.5%      32,500   174,500 -81.4%      1    4    -75.0%
CHICAGO - EAST GARFIELD PARK             8       5    60.0%   38,094   103,300 -63.1%                             14,000    56,000 -75.0%                          120         227   -47.1%     75,314  103,127 -27.0%      50,000    74,950 -33.3%      7   20    -65.0%
     CHICAGO - NEAR WEST SIDE           62      83   -25.3%  271,910   306,153 -11.2%                            252,500   282,000 -10.5%                          208         150   38.7%     311,650  357,622 -12.9%     288,350   292,450  -1.4%     180 176     2.3%
   CHICAGO - NORTH LAWNDALE              3       2    50.0%   15,500    17,350 -10.7%                             10,000    17,350 -42.4%                           29          96   -69.8%     86,950   38,233 127.4%      59,450    29,900 98.8%       4    3    33.3%
   CHICAGO - SOUTH LAWNDALE              0       0     0.0%        -         -   0.0%                                  -         -   0.0%                             -          -    0.0%           -        -   0.0%           -         -   0.0%      0    0     0.0%
   CHICAGO - LOWER WEST SIDE             2       1   100.0%  121,500   225,000 -46.0%                            121,500   225,000 -46.0%                          326         404   -19.3%    210,733  180,048 17.0%      200,000   215,910  -7.4%      9    9     0.0%
                  CHICAGO - LOOP        69      74    -6.8%  385,525   551,312 -30.1%                            290,000   352,500 -17.7%                          256         111  130.6%     389,921  546,232 -28.6%     293,355   319,900  -8.3%     154 124 24.2%
    CHICAGO - NEAR SOUTH SIDE           45      68   -33.8%  296,741   417,218 -28.9%                            293,000   313,000  -6.4%                          284         404   -29.7%    359,742  419,441 -14.2%     299,000   325,000  -8.0%     101 118 -14.4%
    CHICAGO - ARMOUR SQUARE              0       1  -100.0%        -   340,000 -100.0%                                 -   340,000 -100.0%                            -         81  -100.0%    266,492  262,675   1.5%     273,500   261,500   4.6%      12   4   200.0%
              CHICAGO - DOUGLAS          8       8     0.0%   65,088   133,975 -51.4%                             50,750    86,450 -41.3%                          324         149  117.4%     150,045  198,167 -24.3%     150,000   219,900 -31.8%      11  21    -47.6%
              CHICAGO - OAKLAND          0       1  -100.0%        -   319,000 -100.0%                                 -   319,000 -100.0%                            -         66  -100.0%    218,338  260,450 -16.2%     217,450   247,500 -12.1%      8    4   100.0%
         CHICAGO - FULLER PARK           0       0     0.0%        -         -   0.0%                                  -         -   0.0%                             -          -    0.0%           -        -   0.0%           -         -   0.0%      0    0     0.0%
  CHICAGO - GRAND BOULEVARD             12      28   -57.1%   60,977    73,338 -16.9%                             52,750    42,000 25.6%                           166         173    -4.0%    126,434   90,579 39.6%       95,000    57,400 65.5%       29  40    -27.5%
             CHICAGO - KENWOOD           4       5   -20.0%  307,500   182,748 68.3%                             340,000   179,740 89.2%                           137         119   15.1%     236,177  261,265  -9.6%     219,000   179,900 21.7%       31  23    34.8%
  CHICAGO - WASHINGTON PARK             10       2   400.0%   26,518    62,400 -57.5%                             26,375    62,400 -57.7%                           60         129   -53.5%     55,780   72,429 -23.0%      49,900    59,250 -15.8%      15  14     7.1%
            CHICAGO - HYDE PARK          9      20   -55.0%  130,467   225,400 -42.1%                            118,000   191,500 -38.4%                          259         131   97.7%     207,564  227,519  -8.8%     178,000   189,450  -6.0%      35  48    -27.1%
           CHICAGO - WOODLAWN            2       9   -77.8%  144,200    77,711 85.6%                             144,200    50,000 188.4%                          227         153   48.4%     123,847  129,405  -4.3%     109,900   139,900 -21.4%      16  21    -23.8%
        CHICAGO - SOUTH SHORE           10       7    42.9%   26,120    63,829 -59.1%                             26,849    69,000 -61.1%                           74         107   -30.8%     67,510   64,196   5.2%      47,950    34,900 37.4%       24  23     4.3%
              CHICAGO - CHATHAM          2       5   -60.0%   14,050    25,310 -44.5%                             14,050    14,350  -2.1%                          116          64   81.3%      31,980   26,005 23.0%       30,000    22,750 31.9%       5    6    -16.7%
        CHICAGO - AVALON PARK            0       1  -100.0%        -   111,000 -100.0%                                 -   111,000 -100.0%                            -        110  -100.0%     29,900   49,950 -40.1%      29,900    49,950 -40.1%      1    2    -50.0%
      CHICAGO - SOUTH CHICAGO            1       0   100.0%   30,000         -   0.0%                             30,000         -   0.0%                          389           -    0.0%           -   39,435 -100.0%          -    39,435 -100.0%     0    2   -100.0%
             CHICAGO - BURNSIDE          0       1  -100.0%        -    12,500 -100.0%                                 -    12,500 -100.0%                            -        174  -100.0%          -        -   0.0%           -         -   0.0%      0    0     0.0%
   CHICAGO - CALUMET HEIGHTS             0       0     0.0%        -         -   0.0%                                  -         -   0.0%                             -          -    0.0%      85,000        -   0.0%      85,000         -   0.0%      1    0   100.0%
            CHICAGO - ROSELAND           1       2   -50.0%   20,000    57,889 -65.5%                             20,000    57,888 -65.5%                           15         105   -85.7%          -        -   0.0%           -         -   0.0%      0    0     0.0%
              CHICAGO - PULLMAN          0       1  -100.0%        -    11,000 -100.0%                                 -    11,000 -100.0%                            -         27  -100.0%      9,900  129,575 -92.4%       9,900   121,700 -91.9%      1    4    -75.0%
      CHICAGO - SOUTH DEERING            0       3  -100.0%        -    26,833 -100.0%                                 -    26,000 -100.0%                            -         58  -100.0%     81,950   71,971 13.9%       81,950    80,000   2.4%      2    7    -71.4%
             CHICAGO - EAST SIDE         0       0     0.0%        -         -   0.0%                                  -         -   0.0%                             -          -    0.0%           -        -   0.0%           -         -   0.0%      0    0     0.0%
       CHICAGO - WEST PULLMAN            0       1  -100.0%        -     8,000 -100.0%                                 -     8,000 -100.0%                            -        171  -100.0%    149,500   12,000 1145.8%    149,500    12,000 1145.8%     1    2    -50.0%
            CHICAGO - RIVERDALE          1       0   100.0%   13,750         -   0.0%                             13,750         -   0.0%                           34           -    0.0%           -   55,000 -100.0%          -    55,000 -100.0%     0    1   -100.0%
          CHICAGO - HEGEWISCH            0       0     0.0%        -         -   0.0%                                  -         -   0.0%                             -          -    0.0%           -        -   0.0%           -         -   0.0%      0    0     0.0%
      CHICAGO - GARFIELD RIDGE           3       1   200.0%   44,467    82,000 -45.8%                             45,500    82,000 -44.5%                           42         729   -94.2%    117,387   86,950 35.0%      117,386    86,950 35.0%       2    2     0.0%
    CHICAGO - ARCHER HEIGHTS             0       0     0.0%        -         -   0.0%                                  -         -   0.0%                             -          -    0.0%           -        -   0.0%           -         -   0.0%      0    0     0.0%




                Disclaimer:
                Statistics provided using data from Midwest Real Estate Data LLC.
                The Association makes no claim as to the accuracy of this data and has provided this data as a service to our members.
Change in Property Types Sold (April & May) 2010 vs. 2011 N. Side Neighborhoods



                                            # of Price
Year   Org. Price   List Price   Sold Price Changes BD                    BA      SQFT   $/SQFT
2010 $ 478,046.34 $ 460,537.26 $ 439,016.95        0.9 2.4                 1.9     711.6 280.992
2011 $ 498,614.57 $ 478,672.67 $ 446,310.21        1.1 2.7                 1.9     951.5 248.368


Pulled for the N. Side Neighborhoods of Chicago.
April & May of 2010 vs 2011
Increase of .3 bedrooms in purchased properties (2011)
Increase of over 250 sq./ft of living space in purchased properties (over 60% reported sq/ft)
Decrease of almost $40 per sq/ft.
Market Dynamics                                                                                     At Properties
                                                                               Supply & Demand - # Units (FS, UC, Sold)
                                                                                 2 Years (Monthly) 05/01/09 - 05/31/11




                                                                                                    KEY INFORMATION

                   Monthly Change                Monthly %            Total Change     Total % Change
For Sale                    -374.03                -1.06                  -8,976.61             -25.46
Under Contract              -12.04                 -0.53                  -288.97               -12.73
Sold                        -31.69                 -1.31                  -760.54               -31.35


MLS: MRED         Period:    2 Years (Monthly)             Price:   All                         Construction Type:   All           Bedrooms:    All             Bathrooms:    All   Lot Size: All
Property Types:   Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes)                                                                                       Sq Ft:    All
Cities:           Chicago



BrokerMetrics®                                                                                              1 of 2                                                                                     06/15/11
                                             Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics                                                                                        At Properties
                                                                 Supply & Demand - # Units (FS, UC, Sold)
                                                                   2 Years (Monthly) 05/01/09 - 05/31/11


                       FOR SALE                       UNDER CONTRACT                                   SOLD                                   EXPIRED                         NEW LISTINGS
 Time Period     # Properties Average DOM           # Properties Average DOM                  # Properties  Average DOM                 # Properties Average DOM                      # Properties
May-11               25,359            170                 2,759                 173                 2,070                  165                 3,060                   257                 4,919
Apr-11               26,032            173                 2,590                 171                 1,844                  165                 3,002                   274                 4,873
Mar-11               26,969            179                 2,588                 175                 1,805                  159                 3,222                   307                 5,906
Feb-11               25,318            195                 1,767                 177                 1,378                  164                 2,488                   318                 4,251
Jan-11               26,138            198                 1,771                 176                 1,347                  159                 3,300                   291                 4,997
Dec-10               26,502            207                 1,555                 164                 1,816                  151                 3,806                   301                 3,166
Nov-10               28,295            197                 1,511                 165                 1,479                  151                 3,448                   256                 3,661
Oct-10               30,335            187                 1,621                 158                 1,544                  148                 4,080                   244                 4,411
Sep-10               31,645            180                 1,677                 150                 1,791                  145                 4,044                   246                 5,221
Aug-10               32,280            179                 1,826                 146                 1,871                  145                 4,030                   253                 5,445
Jul-10               32,536            176                 1,804                 143                 1,982                  147                 3,897                   234                 5,781
Jun-10               32,792            176                 1,860                 137                 3,067                  141                 4,177                   247                 6,192
May-10               32,003            177                 1,799                 141                 2,490                  147                 3,604                   231                 5,341
Apr-10               33,304            171                 3,253                 146                 2,465                  153                 3,389                   253                 6,712
Mar-10               32,963            174                 2,916                 152                 2,323                  155                 3,455                   251                 7,492
Feb-10               30,466            185                 2,153                 155                 1,611                  149                 2,842                   265                 6,089
Jan-10               29,315            194                 1,837                 154                 1,554                  142                 3,101                   269                 5,854
Dec-09               29,414            203                 1,820                 144                 2,253                  141                 4,133                   289                 3,815
Nov-09               30,881            195                 1,641                 154                 2,270                  150                 3,641                   270                 4,233
Oct-09               32,753            187                 2,323                 153                 2,496                  145                 3,782                   251                 5,102
Sep-09               33,863            181                 2,365                 156                 2,408                  150                 3,847                   249                 5,663
Aug-09               34,416            178                 2,491                 145                 2,347                  152                 3,725                   246                 5,698
Jul-09               35,040            174                 2,379                 145                 2,414                  155                 3,943                   244                 6,137
Jun-09               35,488            174                 2,548                 156                 2,483                  163                 4,037                   265                 6,351
May-09               35,036            174                 2,293                 160                 2,016                  166                 3,606                   251                 5,977




BrokerMetrics®                                                                                 2 of 2                                                                                                06/15/11
                                  Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics                                                                                     At Properties
                                                                                      For Sale # Units (Bank, Non-Bank)
                                                                                     2 Years (Monthly) 05/01/09 - 05/31/11




                                                                                                    KEY INFORMATION

                    Monthly Change        Monthly % Change              Total Change      Total % Change
Bank                        -27.02               -0.33                    -648.58                -7.82
Non-Bank                    -347.00              -1.29                   -8,328.04              -30.88



MLS: MRED         Period:    2 Years (Monthly)           Price:   All                           Construction Type:   All           Bedrooms:    All             Bathrooms:    All   Lot Size: All
Property Types:   Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes)                                                                                       Sq Ft:    All
Cities:           Chicago



BrokerMetrics®                                                                                              1 of 2                                                                                     06/15/11
                                             Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics                                                                        At Properties
                                                                        For Sale # Units (Bank, Non-Bank)
                                                                       2 Years (Monthly) 05/01/09 - 05/31/11


                     All Properties                             Bank Properties                                        Non-Bank Properties
 Time Period     # Properties       Avg DOM           # Properties      % Bank             Avg DOM             # Properties  % Non-Bank                Avg DOM
May-11               25,359             170                  6,124            24.2                144                19,235                75.8               178
Apr-11               26,032             173                  6,919            26.6                146                19,113                73.4               183
Mar-11               26,969             179                  7,717            28.6                143                19,252                71.4               194
Feb-11               25,318             195                  7,541            29.8                147                17,777                70.2               215
Jan-11               26,138             198                  7,987            30.6                144                18,151                69.4               222
Dec-10               26,502             207                  8,157            30.8                149                18,345                69.2               233
Nov-10               28,295             197                  8,086            28.6                148                20,209                71.4               216
Oct-10               30,335             187                  8,269            27.3                145                22,066                72.7               203
Sep-10               31,645             180                  8,454            26.7                143                23,191                73.3               194
Aug-10               32,280             179                  8,424            26.1                141                23,856                73.9               193
Jul-10               32,536             176                  8,333            25.6                140                24,203                74.4               189
Jun-10               32,792             176                  8,219            25.1                142                24,573                74.9               187
May-10               32,003             177                  8,033            25.1                143                23,970                74.9               188
Apr-10               33,304             171                  8,193            24.6                143                25,111                75.4               180
Mar-10               32,963             174                  8,384            25.4                142                24,579                74.6               185
Feb-10               30,466             185                  8,229            27.0                143                22,237                73.0               201
Jan-10               29,315             194                  8,255            28.2                141                21,060                71.8               215
Dec-09               29,414             203                  8,202            27.9                142                21,212                72.1               226
Nov-09               30,881             195                  7,932            25.7                141                22,949                74.3               214
Oct-09               32,753             187                  7,870            24.0                140                24,883                76.0               202
Sep-09               33,863             181                  8,028            23.7                134                25,835                76.3               196
Aug-09               34,416             178                  8,227            23.9                128                26,189                76.1               194
Jul-09               35,040             174                  8,160            23.3                123                26,880                76.7               190
Jun-09               35,488             174                  7,960            22.4                121                27,528                77.6               189
May-09               35,036             174                  7,574            21.6                121                27,462                78.4               188




BrokerMetrics®                                                                                   2 of 2                                                                          06/15/11
                                    Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics                                                                                     At Properties
                                                                               Supply & Demand - # Units (FS, UC, Sold)
                                                                                       May-10 through May-11




                                                                                                    KEY INFORMATION

                   Monthly Change                Monthly %            Total Change     Total % Change
For Sale                    -723.83                -2.17                  -8,685.91             -26.08
Under Contract              68.13                  4.48                    817.52               53.70
Sold                        -63.21                 -2.79                  -758.56               -33.50


MLS: MRED         Period:    2 Years (Monthly)             Price:   All                         Construction Type:   All           Bedrooms:    All             Bathrooms:    All   Lot Size: All
Property Types:   Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes)                                                                                       Sq Ft:    All
Cities:           Chicago



BrokerMetrics®                                                                                              1 of 2                                                                                     06/15/11
                                             Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics                                                                                        At Properties
                                                                 Supply & Demand - # Units (FS, UC, Sold)
                                                                         May-10 through May-11


                       FOR SALE                       UNDER CONTRACT                                   SOLD                                   EXPIRED                         NEW LISTINGS
 Time Period     # Properties Average DOM           # Properties Average DOM                  # Properties  Average DOM                 # Properties Average DOM                      # Properties
May-11               25,359            170                 2,759                 173                 2,070                  165                 3,060                   257                 4,919
Apr-11               26,032            173                 2,590                 171                 1,844                  165                 3,002                   274                 4,873
Mar-11               26,969            179                 2,588                 175                 1,805                  159                 3,222                   307                 5,906
Feb-11               25,318            195                 1,767                 177                 1,378                  164                 2,488                   318                 4,251
Jan-11               26,138            198                 1,771                 176                 1,347                  159                 3,300                   291                 4,997
Dec-10               26,502            207                 1,555                 164                 1,816                  151                 3,806                   301                 3,166
Nov-10               28,295            197                 1,511                 165                 1,479                  151                 3,448                   256                 3,661
Oct-10               30,335            187                 1,621                 158                 1,544                  148                 4,080                   244                 4,411
Sep-10               31,645            180                 1,677                 150                 1,791                  145                 4,044                   246                 5,221
Aug-10               32,280            179                 1,826                 146                 1,871                  145                 4,030                   253                 5,445
Jul-10               32,536            176                 1,804                 143                 1,982                  147                 3,897                   234                 5,781
Jun-10               32,792            176                 1,860                 137                 3,067                  141                 4,177                   247                 6,192
May-10               32,003            177                 1,799                 141                 2,490                  147                 3,604                   231                 5,341




BrokerMetrics®                                                                                 2 of 2                                                                                                06/15/11
                                  Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics                                                                                    At Properties
                                                                              Under Contract # Units (Bank, Non-Bank)
                                                                                      May-10 through May-11




                                                                                                    KEY INFORMATION

                    Monthly Change       Monthly % Change              Total Change     Total % Change
Bank                        34.72                4.79                    416.59                 57.50
Non-Bank                    33.41                4.19                    400.92                 50.25



MLS: MRED         Period:   2 Years (Monthly)           Price:   All                            Construction Type:   All          Bedrooms:    All             Bathrooms:    All   Lot Size: All
Property Types:   Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes)                                                                                      Sq Ft:    All
Cities:           Chicago



BrokerMetrics®                                                                                              1 of 2                                                                                    06/15/11
                                            Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics                                                                        At Properties
                                                                   Under Contract # Units (Bank, Non-Bank)
                                                                           May-10 through May-11


                     All Properties                             Bank Properties                                        Non-Bank Properties
 Time Period     # Properties       Avg DOM           # Properties      % Bank             Avg DOM             # Properties  % Non-Bank                Avg DOM
May-11                2,759             173                  1,117            40.5                178                  1,642               59.5               171
Apr-11                2,590             171                  1,220            47.1                162                  1,370               52.9               180
Mar-11                2,588             175                  1,313            50.7                170                  1,275               49.3               180
Feb-11                1,767             177                    890            50.4                165                    877               49.6               189
Jan-11                1,771             176                  1,009            57.0                149                    762               43.0               211
Dec-10                1,555             164                    901            57.9                150                    654               42.1               184
Nov-10                1,511             165                    780            51.6                152                    731               48.4               179
Oct-10                1,621             158                    730            45.0                148                    891               55.0               167
Sep-10                1,677             150                    854            50.9                145                    823               49.1               155
Aug-10                1,826             146                    855            46.8                125                    971               53.2               164
Jul-10                1,804             143                    838            46.4                126                    966               53.6               158
Jun-10                1,860             137                    850            45.7                131                  1,010               54.3               142
May-10                1,799             141                    782            43.5                131                  1,017               56.5               149




BrokerMetrics®                                                                                   2 of 2                                                                          06/15/11
                                    Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics                                                                                    At Properties
                                                    Average SP/OP Comparison – No Price Changes vs. 1+ Price Changes
                                                                       May-10 through May-11




                                                                                                     KEY INFORMATION

                     Average SP/0P                Min                    Max                     Range
SP/OP - No Price             95.53               93.96                  96.82                     2.86
SP/OP - 1+ Price             81.87               78.73                  84.92                     6.19



MLS: MRED          Period:   2 Years (Monthly)           Price:   All                            Construction Type:   All          Bedrooms:    All             Bathrooms:    All   Lot Size: All
Property Types:    Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes)                                                                                      Sq Ft:    All
Cities:            Chicago



BrokerMetrics®                                                                                               1 of 2                                                                                    06/15/11
                                             Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics                                                                        At Properties
                                         Average SP/OP Comparison – No Price Changes vs. 1+ Price Changes
                                                            May-10 through May-11


                     No Price Changes                          1+ Price Changes
                            Average     Average                        Average            Average
 Time Period     # Sold       SP/OP       DOM              # Sold       SP/OP               DOM
May-11           1,172         95.3          113              898             81.9             232
Apr-11           1,031         94.0          121              813             80.0             220
Mar-11             983         94.5          114              822             78.7             214
Feb-11             730         95.4          110              648             79.9             224
Jan-11             718         94.3          108              629             79.2             217
Dec-10           1,005         95.6          104              811             80.4             208
Nov-10             800         95.2          111              679             80.8             198
Oct-10             852         94.9            98             692             82.5             210
Sep-10             979         96.2            89             812             83.1             213
Aug-10           1,072         96.6            90             799             84.6             220
Jul-10           1,172         96.8            93             810             83.6             224
Jun-10           1,826         96.6            92           1,241             84.9             214
May-10           1,461         96.5            96           1,029             84.7             219




BrokerMetrics®                                                                                 2 of 2                                                                          06/15/11
                                  Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics                                                                                    At Properties
                                                     Average SP/LP Comparison – No Price Changes vs. 1+ Price Changes
                                                                         May-10 through May-11




                                                                                                     KEY INFORMATION

                     Average SP/LP                Min                    Max                     Range
SP/LP - No Price             95.53               93.96                  96.82                     2.86
SP/LP - 1+ Price             93.70               92.52                  95.12                     2.60



MLS: MRED          Period:   2 Years (Monthly)           Price:   All                            Construction Type:   All          Bedrooms:    All             Bathrooms:    All   Lot Size: All
Property Types:    Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes)                                                                                      Sq Ft:    All
Cities:            Chicago



BrokerMetrics®                                                                                               1 of 2                                                                                    06/15/11
                                             Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics                                                                        At Properties
                                         Average SP/LP Comparison – No Price Changes vs. 1+ Price Changes
                                                             May-10 through May-11


                     No Price Changes                          1+ Price Changes
                            Average     Average                        Average            Average
 Time Period     # Sold       SP/LP       DOM              # Sold        SP/LP              DOM
May-11           1,172         95.3          113              898             93.4             232
Apr-11           1,031         94.0          121              813             93.4             220
Mar-11             983         94.5          114              822             93.5             214
Feb-11             730         95.4          110              648             92.7             224
Jan-11             718         94.3          108              629             92.6             217
Dec-10           1,005         95.6          104              811             93.4             208
Nov-10             800         95.2          111              679             92.5             198
Oct-10             852         94.9            98             692             94.2             210
Sep-10             979         96.2            89             812             94.6             213
Aug-10           1,072         96.6            90             799             95.1             220
Jul-10           1,172         96.8            93             810             94.2             224
Jun-10           1,826         96.6            92           1,241             94.6             214
May-10           1,461         96.5            96           1,029             93.9             219




BrokerMetrics®                                                                                 2 of 2                                                                          06/15/11
                                  Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics                                                                                    At Properties
                                                                          Months Supply of Inventory (UC Calculation)
                                                                                   May-10 through May-11




                                                                                                    KEY INFORMATION

                   Monthly Change               Monthly %            Total Change      Total % Change
MSI-UC                      -0.67                 -3.99                  -8.00                  -47.86




MLS: MRED         Period:   2 Years (Monthly)             Price:   All                          Construction Type:   All          Bedrooms:    All             Bathrooms:    All   Lot Size: All
Property Types:   Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes)                                                                                      Sq Ft:    All
Cities:           Chicago



BrokerMetrics®                                                                                              1 of 2                                                                                    06/15/11
                                            Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics                                                                        At Properties
                                                              Months Supply of Inventory (UC Calculation)
                                                                       May-10 through May-11


Time                                    # For Sale Last            # Under
Period           MSI    NAR MSI           Day of Month             Contract              # Sold
May-11            7.1       9.4                   19,540               2,759              2,070
Apr-11            7.9      11.1                   20,440               2,590              1,844
Mar-11            8.2      11.7                   21,159               2,588              1,805
Feb-11           11.9      15.3                   21,063               1,767              1,378
Jan-11           11.9      15.6                   21,067               1,771              1,347
Dec-10           13.6      11.6                   21,141               1,555              1,816
Nov-10           15.4      15.8                   23,336               1,511              1,479
Oct-10           15.2      16.0                   24,634               1,621              1,544
Sep-10           15.5      14.5                   25,924               1,677              1,791
Aug-10           14.5      14.1                   26,424               1,826              1,871
Jul-10           14.9      13.5                   26,835               1,804              1,982
Jun-10           14.4       8.7                   26,755               1,860              3,067
May-10           14.8      10.7                   26,600               1,799              2,490




BrokerMetrics®                                                                                 2 of 2                                                                          06/15/11
                                  Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics                                                                                     At Properties
                                                                               Supply & Demand - # Units (FS, UC, Sold)
                                                                                       May-10 through May-11




                                                                                                  KEY INFORMATION

                   Monthly Change                Monthly %            Total Change     Total % Change
For Sale                    -225.18                -2.34                  -2,702.20          -28.02
Under Contract              19.60                  5.31                    235.20             63.71
Sold                        -24.24                 -3.73                  -290.85            -44.70


MLS: MRED         Period:    2 Years (Monthly)             Price:   All                      Construction Type:    All             Bedrooms:    All             Bathrooms:    All   Lot Size: All
Property Types:   Residential: (Attached Single)                                                                                                                                    Sq Ft:    All
North Side:       8003, 8022, 8004, 8005, 8024, 8077, 8007, 8006, 8008



BrokerMetrics®                                                                                            1 of 2                                                                                       06/15/11
                                             Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
Market Dynamics                                                                                        At Properties
                                                                 Supply & Demand - # Units (FS, UC, Sold)
                                                                         May-10 through May-11


                       FOR SALE                       UNDER CONTRACT                                   SOLD                                   EXPIRED                         NEW LISTINGS
 Time Period     # Properties Average DOM           # Properties Average DOM                  # Properties  Average DOM                 # Properties Average DOM                      # Properties
May-11                7,648            128                   748                 175                    612                 181                   993                   228                 1,497
Apr-11                7,741            130                   686                 181                    487                 183                   904                   243                 1,572
Mar-11                7,808            150                   644                 184                    458                 186                   995                   371                 1,944
Feb-11                7,068            164                   510                 194                    327                 210                   694                   264                 1,412
Jan-11                7,057            173                   417                 210                    297                 169                   984                   271                 1,510
Dec-10                6,912            184                   344                 177                    436                 167                 1,021                   261                   661
Nov-10                7,753            170                   359                 176                    353                 170                 1,143                   232                   898
Oct-10                8,507            160                   399                 185                    384                 154                 1,253                   232                 1,186
Sep-10                9,002            153                   378                 159                    450                 154                 1,303                   224                 1,475
Aug-10                9,338            150                   426                 141                    496                 138                 1,385                   209                 1,553
Jul-10                9,537            145                   440                 154                    501                 147                 1,312                   213                 1,686
Jun-10                9,758            144                   488                 144                    989                 133                 1,419                   216                 1,900
May-10                9,581            143                   496                 149                    769                 144                 1,227                   196                 1,555




BrokerMetrics®                                                                                 2 of 2                                                                                                06/15/11
                                  Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).

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June Market Expert Class Handout - Chicago Real Estate Market

  • 1. Market Expert Class – City – June 2011 Overview: Post stimulus package numbers began reporting this month with June 2010 being the first month AFTER the mandatory “Under Contract Date” to qualify for the Home Buyer Tax Credit of 2010. Therefore our numbers for Under Contract Properties (June 2011 compared to 2010) show significant increases in the amount of properties going under contract for the city of Chicago. Where this is a positive trend, we must be cautious when analyzing these numbers due to the “ebb and flow” momentum created by the tax buyer credit of 2010. Conversely, SOLD numbers for this month (i.e. closed properties) are significantly less than 1 year ago since properties were initially required to close by June 2010 (then extended to August). Positives to the market include a continual decline in the overall inventory of For Sale properties and a steady decrease in average MSI (Month’s Supply of Inventory). 1. Crains Article – Home Price upticks for specific neighborhoods since 2000 2. Data from CAR Fast Stats – Shows decline in closed properties 2010 vs. 2011 April (AT & DE) 3. Change in Property Types (N. Side) – This is a graph pulled from all closed properties in April/May in 2010 vs. 2011. The results show that home buyers are choosing to invest a higher amount of money in space (sq.ft) for their home. Agent Metrics Trends: • 2 Year Total trend is decrease across the board (FS, UC, Sold) • Decline of almost 30% in For Sale properites for 2 year trend (non Bank Owned) • Bank property decrease of almost 8% (due to lack of Bank release) • 1 Year Trend shows over 25% decrease in inventory and 50% increase in UC o Effect of post stimulus package • Sales to Original Price trends remain constant with 15% difference between two o DOM difference remains +/- 100 days • Sales to List Price (final list price) ratio still shows higher % for those with no price reductions o DOM difference remains +/- 100 days • Months’ supply of Inventory reaches 2 year low in May of 2011 of 7.1 o MSI = #properties ACTV/#properties UC for that month • N. Side neighborhoods have followed trends above, with a 63% increase in UC numbers ** All Slides will be emailed to current KCM members by end of day
  • 2. Log in Register Now Go to ChicagoBusiness.com HOME RESIDENTIAL DEALMAKERS C ALENDAR / PHOTO TREND OF THE WEEK C LOSER C LASSIFIEDS C ONTAC T US TWITTER RSS FEED Home > Residential News > ShareThis Print | Reprints Comments | Related Stories CRAIN'S LIVE SEARCH A D V E RT I SI N G Uptown sees decade's biggest uptick in home prices Recent Residential News By: Frank Kalman June 02, 2011 Residential real estate: Noted personal- (Crain's) — The housing rollercoaster ride of injury attorney pays $5.5 mil. for Lake the last decade ended badly for most local Forest home homeow ners, but residents of Andersonville Ow ners aim to house artists in ex-Spiegel and Uptow n can't complain about too much. w arehouse An index of single-family home prices in the Condo developers face spate of suits over 60640 zip code, w hich includes the tw o North earnest money Side neighborhoods, rose 39.3% from the Middleby CEO | Gold Coast sale | Bluhm son end of 2000 to the end of 2010, according to Fiserv Inc. That's the biggest 10-year gain Bedbug-sniffing dog gets under condo among all of the 252 local zip codes tracked owner's skin by Fiserv, a financial services firm that Big Winnetka sale | Blackhaw ks scout | calculates the widely follow ed Standard & Highland Park Poor's/Case-Shiller Home Price Indices. More Residential News... Prices in once-hot neighborhoods like Lincoln Comment on our stories Square, Ravensw ood, Irving Park and Garfield Scroll to the bottom to share your thoughts. Park gained nearly as much, even after sustaining double-digit drops in the bust of recent years. The data reflect a familiar A D V E RT I SI N G pattern of gentrification as buyers, unable to afford homes in places like Lincoln Park and Bucktow n, sought out less expensive options nearby. The influx has driven up prices in places such as Uptow n and Andersonville. “So many more families are w anting to stay in the city, and prices in those areas have gotten astronomically high,” says Thaddeus Wong, co-founder of local residential Test your know ledge of the Chicago housing brokerage @properties. market. Guess the prices of recent home sales. Indeed, neighborhoods like Andersonville and Lincoln Square are a lot less affordable now Click here to play! than they w ere in 2000. Lincoln Square's 60625 zip code had the 13th-highest median home price among Chicago-area zip codes, $548,000, while 60640 (Uptown/Andersonville) ranked 14th, at $540,000. The highest: Glencoe's 60022, at $952,000, follow ed by the 60614 zip- code in Lincoln Park, at $945,000. “People that w ere priced out of neighborhoods (like Bucktow n and Wicker Park) w ere seeing Uptow n as a sort of fringe — probably a similar dynamic w as going on in Garfield Park,” says Philip Ashton, an assistant professor of urban planning and policy at the University of Illinois at Chicago. “In a lot of cases, demand exceeded supply in a lot of targeted neighborhoods.” The influx of young professionals, meanw hile, attracted retailers, further boosting the appeal of the neighborhoods. “With all the more commercial (development), it makes the neighborhood more desirable to live in,” says Jeanne Carava, a broker w ith Prudential Rubloff Properties w ho's had listings near Andersonville for 15 years. “When the first Starbucks w ent in (in Andersonville), there was just a lot more confidence.” Just one zip code outside the city — 60515 in west suburban Dow ners Grove — made it into the top 10 local price gainers of the decade, w ith a 32.5% increase, according to Brookfield, Wis.-based Fiserv. The biggest loser: south suburban Lansing, where prices fell 14.8% over the 10-year-period. With a high foreclosure rate, a w eak job market, a tight lending climate and persistent pessimism among buyers, the broader picture remains gloomy. The Standard's & Poor's/Case Shiller index of Chicago-area single-family home prices fell 2.4% from February to March and was dow n 7.6% from the year-earlier level, hitting its low est point in 10 years. Mr. Ashton of UIC expects prices to continue their slide, predicting that some neighborhoods like Pilsen and Garfield Park may even fall below 2001 levels. "We still got a long w ay to go for some areas in the city," he says.
  • 3. CHICAGOLAND ASSOCIATION OF REALTORS May 2011 Sales for Detached Single Family - Listed by TOWN Coverage Area: CHICAGO Detached Single Family # OF HOUSES SOLD AVERAGE SALE PRICE MEDIAN SALE PRICE TIME ON MARKET AVERAGE NEW LISTINGS MEDIAN NEW LISTINGS # OF NEW LISTINGS TOWN MTD MTD MTD AVG PRICE AVG PRICE MTD MEDIAN MEDIAN MTD AVG AVG MTD AVG AVG MTD MEDIAN MEDIAN MTD MTD MTD MTD 2011 2010 % CHG 2011 2010 % CHG 2011 2010 % CHG MTD MTD % CHG 2011 2010 % CHG MTD MTD % CHG 2011 2010 % CHG CHICAGO - ROGERS PARK 0 2 -100.0% - 285,000 -100.0% - 285,000 -100.0% - 125 -100.0% 621,760 450,243 38.1% 439,000 439,000 0.0% 5 7 -28.6% CHICAGO - WEST RIDGE 7 14 -50.0% 257,804 296,604 -13.1% 249,000 322,500 -22.8% 207 61 239.3% 316,876 340,933 -7.1% 324,500 364,900 -11.1% 29 21 38.1% CHICAGO - UPTOWN 2 3 -33.3% 547,750 479,667 14.2% 547,750 603,000 -9.2% 145 83 74.7% 887,000 1,066,317 -16.8% 977,000 784,000 24.6% 4 6 -33.3% CHICAGO - LINCOLN SQUARE 8 8 0.0% 531,500 514,688 3.3% 481,000 470,000 2.3% 111 89 24.7% 744,432 607,068 22.6% 697,000 569,000 22.5% 22 19 15.8% CHICAGO - NORTH CENTER 15 13 15.4% 873,733 917,333 -4.8% 831,000 853,825 -2.7% 154 103 49.5% 1,006,706 1,186,396 -15.1% 894,000 790,000 13.2% 34 35 -2.9% CHICAGO - LAKE VIEW 14 15 -6.7% 915,214 974,267 -6.1% 802,500 890,000 -9.8% 154 155 -0.6% 1,180,087 1,483,510 -20.5% 1,275,000 1,469,450 -13.2% 42 30 40.0% CHICAGO - LINCOLN PARK 14 18 -22.2% 1,504,054 1,728,150 -13.0% 1,278,500 1,437,500 -11.1% 221 243 -9.1% 1,939,297 1,817,446 6.7% 1,762,000 1,399,000 25.9% 58 41 41.5% CHICAGO - NEAR NORTH SIDE 0 0 0.0% - - 0.0% - - 0.0% - - 0.0% 1,933,150 2,766,250 -30.1% 1,635,000 3,047,500 -46.3% 12 4 200.0% CHICAGO - EDISON PARK 5 7 -28.6% 307,000 338,214 -9.2% 325,000 315,000 3.2% 104 255 -59.2% 381,927 338,744 12.7% 290,000 285,000 1.8% 15 9 66.7% CHICAGO - NORWOOD PARK 24 26 -7.7% 249,892 294,087 -15.0% 248,500 270,000 -8.0% 182 199 -8.5% 353,196 362,685 -2.6% 289,900 331,250 -12.5% 57 58 -1.7% CHICAGO - JEFFERSON PARK 11 11 0.0% 182,955 255,264 -28.3% 172,000 215,000 -20.0% 98 50 96.0% 263,067 333,276 -21.1% 262,250 285,000 -8.0% 30 33 -9.1% CHICAGO - FOREST GLEN 10 20 -50.0% 414,300 469,500 -11.8% 405,000 440,000 -8.0% 167 184 -9.2% 467,374 541,626 -13.7% 424,700 487,200 -12.8% 38 38 0.0% CHICAGO - NORTH PARK 4 7 -42.9% 366,000 317,214 15.4% 303,000 250,000 21.2% 158 125 26.4% 336,878 359,422 -6.3% 359,000 374,900 -4.2% 9 9 0.0% CHICAGO - ALBANY PARK 10 11 -9.1% 244,479 348,682 -29.9% 220,000 312,000 -29.5% 169 109 55.0% 312,547 327,756 -4.6% 249,900 259,900 -3.8% 15 9 66.7% CHICAGO - PORTAGE PARK 27 29 -6.9% 181,276 232,666 -22.1% 160,000 220,000 -27.3% 134 165 -18.8% 260,914 274,086 -4.8% 239,450 254,950 -6.1% 64 62 3.2% CHICAGO - IRVING PARK 14 19 -26.3% 247,055 338,821 -27.1% 151,500 325,000 -53.4% 169 119 42.0% 385,627 416,407 -7.4% 350,000 279,000 25.4% 41 29 41.4% CHICAGO - DUNNING 27 36 -25.0% 189,396 195,711 -3.2% 175,000 195,000 -10.3% 91 149 -38.9% 227,361 269,587 -15.7% 239,000 236,800 0.9% 71 60 18.3% CHICAGO - MONTCLARE 9 10 -10.0% 151,644 193,100 -21.5% 155,000 192,500 -19.5% 170 193 -11.9% 235,109 198,227 18.6% 229,000 178,950 28.0% 11 22 -50.0% CHICAGO - BELMONT CRAGIN 29 31 -6.5% 139,048 148,957 -6.7% 140,000 147,175 -4.9% 106 95 11.6% 167,146 165,787 0.8% 162,400 150,750 7.7% 56 42 33.3% CHICAGO - HERMOSA 4 5 -20.0% 109,500 125,300 -12.6% 66,000 96,500 -31.6% 165 91 81.3% 176,545 129,685 36.1% 170,000 94,900 79.1% 11 13 -15.4% CHICAGO - AVONDALE 8 7 14.3% 218,288 180,071 21.2% 215,900 185,000 16.7% 71 227 -68.7% 316,438 222,736 42.1% 286,800 161,450 77.6% 16 14 14.3% CHICAGO - LOGAN SQUARE 16 12 33.3% 431,794 529,367 -18.4% 329,500 465,250 -29.2% 196 106 84.9% 565,223 627,708 -10.0% 394,450 549,000 -28.2% 48 41 17.1% CHICAGO - HUMBOLDT PARK 5 12 -58.3% 71,550 62,429 14.6% 60,000 56,875 5.5% 157 132 18.9% 145,418 106,259 36.9% 140,000 84,000 66.7% 29 22 31.8% CHICAGO - WEST TOWN 12 8 50.0% 456,729 611,188 -25.3% 434,500 569,000 -23.6% 99 133 -25.6% 754,658 864,050 -12.7% 699,900 740,000 -5.4% 45 29 55.2% CHICAGO - AUSTIN 14 32 -56.3% 112,671 80,690 39.6% 122,500 42,500 188.2% 100 55 81.8% 160,756 134,317 19.7% 150,000 139,900 7.2% 39 41 -4.9% CHICAGO - WEST GARFIELD PARK 1 1 0.0% 49,900 10,500 375.2% 49,900 10,500 375.2% 389 35 1011.4% 39,950 90,290 -55.8% 39,950 20,000 99.8% 2 5 -60.0% CHICAGO - EAST GARFIELD PARK 1 0 100.0% 14,000 - 0.0% 14,000 - 0.0% 170 - 0.0% 131,233 178,469 -26.5% 119,000 174,450 -31.8% 6 8 -25.0% CHICAGO - NEAR WEST SIDE 0 2 -100.0% - 363,500 -100.0% - 363,500 -100.0% - 200 -100.0% 452,957 317,980 42.4% 347,000 280,000 23.9% 7 5 40.0% CHICAGO - NORTH LAWNDALE 2 1 100.0% 19,185 21,000 -8.6% 19,184 21,000 -8.6% 75 22 240.9% 74,643 45,640 63.5% 61,000 14,500 320.7% 7 5 40.0% CHICAGO - SOUTH LAWNDALE 8 4 100.0% 57,101 36,625 55.9% 55,000 40,000 37.5% 77 49 57.1% 68,700 63,770 7.7% 69,900 72,000 -2.9% 4 10 -60.0% CHICAGO - LOWER WEST SIDE 1 1 0.0% 50,000 52,000 -3.8% 50,000 52,000 -3.8% 207 105 97.1% 145,000 208,075 -30.3% 145,000 129,250 12.2% 1 4 -75.0% CHICAGO - LOOP 0 0 0.0% - - 0.0% - - 0.0% - - 0.0% - 370,000 -100.0% - 370,000 -100.0% 0 1 -100.0% CHICAGO - NEAR SOUTH SIDE 0 1 -100.0% - 1,046,000 -100.0% - 1,046,000 -100.0% - 25 -100.0% - 2,900,000 -100.0% - 2,900,000 -100.0% 0 1 -100.0% CHICAGO - ARMOUR SQUARE 0 0 0.0% - - 0.0% - - 0.0% - - 0.0% 249,000 259,000 -3.9% 249,000 259,000 -3.9% 1 1 0.0% CHICAGO - DOUGLAS 0 2 -100.0% - 292,500 -100.0% - 292,500 -100.0% - 476 -100.0% 279,967 241,650 15.9% 235,000 189,950 23.7% 3 3 0.0% CHICAGO - OAKLAND 1 0 100.0% 420,000 - 0.0% 420,000 - 0.0% 1 - 0.0% 161,494 66,100 144.3% 73,587 66,100 11.3% 4 1 300.0% CHICAGO - FULLER PARK 2 2 0.0% 155,500 72,450 114.6% 155,500 72,450 114.6% 30 25 20.0% 13,000 130,000 -90.0% 13,000 130,000 -90.0% 1 1 0.0% CHICAGO - GRAND BOULEVARD 2 4 -50.0% 194,000 316,250 -38.7% 194,000 372,500 -47.9% 262 426 -38.5% 315,456 322,480 -2.2% 380,000 362,900 4.7% 9 15 -40.0% CHICAGO - KENWOOD 2 3 -33.3% 1,030,750 521,567 97.6% 1,030,750 509,700 102.2% 305 277 10.1% 1,072,580 783,238 36.9% 825,000 639,500 29.0% 5 13 -61.5% CHICAGO - WASHINGTON PARK 3 0 100.0% 10,542 - 0.0% 13,625 - 0.0% 70 - 0.0% - 13,900 -100.0% - 13,900 -100.0% 0 1 -100.0% CHICAGO - HYDE PARK 2 2 0.0% 430,000 692,500 -37.9% 430,000 692,500 -37.9% 248 82 202.4% 379,000 944,480 -59.9% 379,000 849,000 -55.4% 2 5 -60.0% CHICAGO - WOODLAWN 4 2 100.0% 69,095 197,000 -64.9% 67,500 197,000 -65.7% 172 95 81.1% 50,475 85,820 -41.2% 43,500 61,400 -29.2% 4 5 -20.0% CHICAGO - SOUTH SHORE 6 6 0.0% 142,283 215,367 -33.9% 51,850 180,000 -71.2% 229 93 146.2% 136,115 173,738 -21.7% 129,900 159,900 -18.8% 23 16 43.8% CHICAGO - CHATHAM 14 14 0.0% 92,859 109,679 -15.3% 69,500 112,500 -38.2% 162 124 30.6% 122,920 133,096 -7.6% 131,450 95,450 37.7% 20 28 -28.6% CHICAGO - AVALON PARK 8 5 60.0% 82,913 94,600 -12.4% 43,700 56,000 -22.0% 111 41 170.7% 136,567 126,125 8.3% 129,900 122,450 6.1% 9 12 -25.0% CHICAGO - SOUTH CHICAGO 8 16 -50.0% 36,519 63,958 -42.9% 20,825 44,950 -53.7% 104 196 -46.9% 131,394 94,925 38.4% 120,000 87,450 37.2% 17 20 -15.0% CHICAGO - BURNSIDE 2 1 100.0% 75,000 30,000 150.0% 75,000 30,000 150.0% 36 436 -91.7% 59,200 163,550 -63.8% 57,000 168,250 -66.1% 5 6 -16.7% CHICAGO - CALUMET HEIGHTS 9 5 80.0% 73,744 132,870 -44.5% 54,900 179,000 -69.3% 119 159 -25.2% 131,843 130,398 1.1% 163,700 155,083 5.6% 14 16 -12.5% CHICAGO - ROSELAND 20 17 17.6% 32,953 68,508 -51.9% 16,750 36,000 -53.5% 156 85 83.5% 73,856 93,023 -20.6% 57,000 92,000 -38.0% 48 57 -15.8% CHICAGO - PULLMAN 1 3 -66.7% 149,900 145,267 3.2% 149,900 147,900 1.4% 400 77 419.5% 105,100 109,700 -4.2% 99,500 112,450 -11.5% 3 4 -25.0% CHICAGO - SOUTH DEERING 4 1 300.0% 20,927 39,000 -46.3% 21,276 39,000 -45.4% 184 18 922.2% 79,843 61,933 28.9% 74,900 64,900 15.4% 7 9 -22.2% CHICAGO - EAST SIDE 10 6 66.7% 96,232 120,483 -20.1% 96,000 110,000 -12.7% 237 55 330.9% 146,586 94,522 55.1% 134,900 109,900 22.7% 7 9 -22.2% CHICAGO - WEST PULLMAN 19 22 -13.6% 36,682 42,377 -13.4% 29,000 23,525 23.3% 108 80 35.0% 85,305 61,251 39.3% 84,950 43,950 93.3% 28 34 -17.6% CHICAGO - RIVERDALE 0 0 0.0% - - 0.0% - - 0.0% - - 0.0% - 55,000 -100.0% - 55,000 -100.0% 0 1 -100.0% CHICAGO - HEGEWISCH 3 7 -57.1% 163,833 118,557 38.2% 115,000 124,500 -7.6% 157 172 -8.7% 118,892 153,575 -22.6% 133,900 154,450 -13.3% 11 8 37.5% CHICAGO - GARFIELD RIDGE 18 31 -41.9% 160,606 178,779 -10.2% 137,500 185,000 -25.7% 155 166 -6.6% 197,977 212,885 -7.0% 186,000 199,900 -7.0% 51 36 41.7% CHICAGO - ARCHER HEIGHTS 9 3 200.0% 136,322 129,967 4.9% 141,000 164,900 -14.5% 126 170 -25.9% 141,813 154,954 -8.5% 159,950 158,950 0.6% 8 12 -33.3% Disclaimer: Statistics provided using data from Midwest Real Estate Data LLC. The Association makes no claim as to the accuracy of this data and has provided this data as a service to our members.
  • 4. CHICAGOLAND ASSOCIATION OF REALTORS May 2011 Sales for Attached Single Family - Listed by TOWN Coverage Area: CHICAGO Attached Single Family # OF HOUSES SOLD AVERAGE SALE PRICE MEDIAN SALE PRICE TIME ON MARKET AVERAGE NEW LISTINGS MEDIAN NEW LISTINGS # OF NEW LISTINGS TOWN MTD MTD MTD AVG PRICE AVG PRICE MTD MEDIAN MEDIAN MTD AVG AVG MTD AVG AVG MTD MEDIAN MEDIAN MTD MTD MTD MTD 2011 2010 % CHG 2011 2010 % CHG 2011 2010 % CHG MTD MTD % CHG 2011 2010 % CHG MTD MTD % CHG 2011 2010 % CHG CHICAGO - ROGERS PARK 38 47 -19.1% 88,938 154,893 -42.6% 63,525 137,500 -53.8% 169 141 19.9% 165,818 162,269 2.2% 154,950 156,150 -0.8% 70 102 -31.4% CHICAGO - WEST RIDGE 31 44 -29.5% 62,368 103,850 -39.9% 51,000 87,500 -41.7% 130 122 6.6% 106,286 144,877 -26.6% 79,000 122,400 -35.5% 81 108 -25.0% CHICAGO - UPTOWN 37 46 -19.6% 208,939 241,646 -13.5% 210,199 245,500 -14.4% 189 83 127.7% 238,053 248,196 -4.1% 230,000 245,950 -6.5% 117 124 -5.6% CHICAGO - LINCOLN SQUARE 38 39 -2.6% 225,876 250,009 -9.7% 240,000 258,000 -7.0% 142 115 23.5% 245,106 241,802 1.4% 249,900 244,500 2.2% 59 47 25.5% CHICAGO - NORTH CENTER 34 44 -22.7% 339,559 387,168 -12.3% 341,661 384,000 -11.0% 188 162 16.0% 381,578 366,181 4.2% 369,900 376,950 -1.9% 49 46 6.5% CHICAGO - LAKE VIEW 119 181 -34.3% 360,198 347,879 3.5% 340,000 315,900 7.6% 140 131 6.9% 367,167 354,555 3.6% 350,000 299,900 16.7% 301 290 3.8% CHICAGO - LINCOLN PARK 61 84 -27.4% 407,599 421,895 -3.4% 395,000 407,500 -3.1% 197 129 52.7% 472,418 478,598 -1.3% 419,900 439,000 -4.4% 183 188 -2.7% CHICAGO - NEAR NORTH SIDE 177 197 -10.2% 475,556 486,677 -2.3% 333,000 352,500 -5.5% 196 174 12.6% 633,583 638,061 -0.7% 395,000 369,900 6.8% 412 452 -8.8% CHICAGO - EDISON PARK 2 1 100.0% 85,000 135,000 -37.0% 85,000 135,000 -37.0% 618 5 12260.0% 160,718 173,640 -7.4% 159,999 180,950 -11.6% 11 10 10.0% CHICAGO - NORWOOD PARK 1 2 -50.0% 125,000 117,000 6.8% 125,000 117,000 6.8% 567 179 216.8% 140,184 164,833 -15.0% 117,500 154,700 -24.0% 19 12 58.3% CHICAGO - JEFFERSON PARK 3 5 -40.0% 116,667 142,800 -18.3% 140,000 140,000 0.0% 515 185 178.4% 97,529 189,685 -48.6% 87,900 197,000 -55.4% 7 13 -46.2% CHICAGO - FOREST GLEN 3 1 200.0% 175,000 122,000 43.4% 175,000 122,000 43.4% 137 390 -64.9% 492,300 281,840 74.7% 499,500 244,900 104.0% 5 10 -50.0% CHICAGO - NORTH PARK 3 3 0.0% 63,167 108,633 -41.9% 74,000 54,900 34.8% 143 81 76.5% 185,431 188,708 -1.7% 160,900 175,000 -8.1% 16 13 23.1% CHICAGO - ALBANY PARK 10 6 66.7% 96,875 177,900 -45.5% 74,500 176,250 -57.7% 230 87 164.4% 157,183 157,996 -0.5% 165,000 150,000 10.0% 29 43 -32.6% CHICAGO - PORTAGE PARK 5 7 -28.6% 102,800 169,684 -39.4% 47,000 130,000 -63.8% 114 324 -64.8% 130,942 146,177 -10.4% 109,700 129,450 -15.3% 13 26 -50.0% CHICAGO - IRVING PARK 11 16 -31.3% 154,636 155,875 -0.8% 115,500 139,750 -17.4% 146 179 -18.4% 183,279 197,798 -7.3% 175,000 198,250 -11.7% 34 40 -15.0% CHICAGO - DUNNING 2 7 -71.4% 126,000 171,481 -26.5% 126,000 186,000 -32.3% 18 109 -83.5% 135,709 145,742 -6.9% 150,000 137,000 9.5% 11 19 -42.1% CHICAGO - MONTCLARE 0 3 -100.0% - 135,083 -100.0% - 132,750 -100.0% - 324 -100.0% 90,000 143,700 -37.4% 90,000 157,900 -43.0% 1 6 -83.3% CHICAGO - BELMONT CRAGIN 4 10 -60.0% 48,588 74,580 -34.9% 32,175 41,250 -22.0% 24 157 -84.7% 101,638 113,513 -10.5% 89,500 125,000 -28.4% 13 15 -13.3% CHICAGO - HERMOSA 2 1 100.0% 8,250 38,000 -78.3% 8,250 38,000 -78.3% 54 18 200.0% 54,900 - 0.0% 54,900 - 0.0% 2 0 100.0% CHICAGO - AVONDALE 11 12 -8.3% 120,264 193,985 -38.0% 129,000 181,500 -28.9% 199 144 38.2% 191,208 248,495 -23.1% 152,400 249,450 -38.9% 24 22 9.1% CHICAGO - LOGAN SQUARE 28 30 -6.7% 246,729 298,492 -17.3% 252,500 282,750 -10.7% 288 161 78.9% 308,114 297,416 3.6% 285,000 299,999 -5.0% 69 77 -10.4% CHICAGO - HUMBOLDT PARK 5 3 66.7% 29,830 30,467 -2.1% 14,000 39,000 -64.1% 102 59 72.9% 52,717 60,245 -12.5% 48,200 67,500 -28.6% 6 10 -40.0% CHICAGO - WEST TOWN 76 101 -24.8% 363,676 351,974 3.3% 330,000 340,000 -2.9% 168 138 21.7% 374,552 373,116 0.4% 359,000 364,500 -1.5% 191 204 -6.4% CHICAGO - AUSTIN 6 6 0.0% 44,250 80,500 -45.0% 31,500 57,000 -44.7% 53 337 -84.3% 108,122 119,657 -9.6% 69,900 85,000 -17.8% 9 21 -57.1% CHICAGO - WEST GARFIELD PARK 1 1 0.0% 36,000 7,900 355.7% 36,000 7,900 355.7% 451 70 544.3% 32,500 150,893 -78.5% 32,500 174,500 -81.4% 1 4 -75.0% CHICAGO - EAST GARFIELD PARK 8 5 60.0% 38,094 103,300 -63.1% 14,000 56,000 -75.0% 120 227 -47.1% 75,314 103,127 -27.0% 50,000 74,950 -33.3% 7 20 -65.0% CHICAGO - NEAR WEST SIDE 62 83 -25.3% 271,910 306,153 -11.2% 252,500 282,000 -10.5% 208 150 38.7% 311,650 357,622 -12.9% 288,350 292,450 -1.4% 180 176 2.3% CHICAGO - NORTH LAWNDALE 3 2 50.0% 15,500 17,350 -10.7% 10,000 17,350 -42.4% 29 96 -69.8% 86,950 38,233 127.4% 59,450 29,900 98.8% 4 3 33.3% CHICAGO - SOUTH LAWNDALE 0 0 0.0% - - 0.0% - - 0.0% - - 0.0% - - 0.0% - - 0.0% 0 0 0.0% CHICAGO - LOWER WEST SIDE 2 1 100.0% 121,500 225,000 -46.0% 121,500 225,000 -46.0% 326 404 -19.3% 210,733 180,048 17.0% 200,000 215,910 -7.4% 9 9 0.0% CHICAGO - LOOP 69 74 -6.8% 385,525 551,312 -30.1% 290,000 352,500 -17.7% 256 111 130.6% 389,921 546,232 -28.6% 293,355 319,900 -8.3% 154 124 24.2% CHICAGO - NEAR SOUTH SIDE 45 68 -33.8% 296,741 417,218 -28.9% 293,000 313,000 -6.4% 284 404 -29.7% 359,742 419,441 -14.2% 299,000 325,000 -8.0% 101 118 -14.4% CHICAGO - ARMOUR SQUARE 0 1 -100.0% - 340,000 -100.0% - 340,000 -100.0% - 81 -100.0% 266,492 262,675 1.5% 273,500 261,500 4.6% 12 4 200.0% CHICAGO - DOUGLAS 8 8 0.0% 65,088 133,975 -51.4% 50,750 86,450 -41.3% 324 149 117.4% 150,045 198,167 -24.3% 150,000 219,900 -31.8% 11 21 -47.6% CHICAGO - OAKLAND 0 1 -100.0% - 319,000 -100.0% - 319,000 -100.0% - 66 -100.0% 218,338 260,450 -16.2% 217,450 247,500 -12.1% 8 4 100.0% CHICAGO - FULLER PARK 0 0 0.0% - - 0.0% - - 0.0% - - 0.0% - - 0.0% - - 0.0% 0 0 0.0% CHICAGO - GRAND BOULEVARD 12 28 -57.1% 60,977 73,338 -16.9% 52,750 42,000 25.6% 166 173 -4.0% 126,434 90,579 39.6% 95,000 57,400 65.5% 29 40 -27.5% CHICAGO - KENWOOD 4 5 -20.0% 307,500 182,748 68.3% 340,000 179,740 89.2% 137 119 15.1% 236,177 261,265 -9.6% 219,000 179,900 21.7% 31 23 34.8% CHICAGO - WASHINGTON PARK 10 2 400.0% 26,518 62,400 -57.5% 26,375 62,400 -57.7% 60 129 -53.5% 55,780 72,429 -23.0% 49,900 59,250 -15.8% 15 14 7.1% CHICAGO - HYDE PARK 9 20 -55.0% 130,467 225,400 -42.1% 118,000 191,500 -38.4% 259 131 97.7% 207,564 227,519 -8.8% 178,000 189,450 -6.0% 35 48 -27.1% CHICAGO - WOODLAWN 2 9 -77.8% 144,200 77,711 85.6% 144,200 50,000 188.4% 227 153 48.4% 123,847 129,405 -4.3% 109,900 139,900 -21.4% 16 21 -23.8% CHICAGO - SOUTH SHORE 10 7 42.9% 26,120 63,829 -59.1% 26,849 69,000 -61.1% 74 107 -30.8% 67,510 64,196 5.2% 47,950 34,900 37.4% 24 23 4.3% CHICAGO - CHATHAM 2 5 -60.0% 14,050 25,310 -44.5% 14,050 14,350 -2.1% 116 64 81.3% 31,980 26,005 23.0% 30,000 22,750 31.9% 5 6 -16.7% CHICAGO - AVALON PARK 0 1 -100.0% - 111,000 -100.0% - 111,000 -100.0% - 110 -100.0% 29,900 49,950 -40.1% 29,900 49,950 -40.1% 1 2 -50.0% CHICAGO - SOUTH CHICAGO 1 0 100.0% 30,000 - 0.0% 30,000 - 0.0% 389 - 0.0% - 39,435 -100.0% - 39,435 -100.0% 0 2 -100.0% CHICAGO - BURNSIDE 0 1 -100.0% - 12,500 -100.0% - 12,500 -100.0% - 174 -100.0% - - 0.0% - - 0.0% 0 0 0.0% CHICAGO - CALUMET HEIGHTS 0 0 0.0% - - 0.0% - - 0.0% - - 0.0% 85,000 - 0.0% 85,000 - 0.0% 1 0 100.0% CHICAGO - ROSELAND 1 2 -50.0% 20,000 57,889 -65.5% 20,000 57,888 -65.5% 15 105 -85.7% - - 0.0% - - 0.0% 0 0 0.0% CHICAGO - PULLMAN 0 1 -100.0% - 11,000 -100.0% - 11,000 -100.0% - 27 -100.0% 9,900 129,575 -92.4% 9,900 121,700 -91.9% 1 4 -75.0% CHICAGO - SOUTH DEERING 0 3 -100.0% - 26,833 -100.0% - 26,000 -100.0% - 58 -100.0% 81,950 71,971 13.9% 81,950 80,000 2.4% 2 7 -71.4% CHICAGO - EAST SIDE 0 0 0.0% - - 0.0% - - 0.0% - - 0.0% - - 0.0% - - 0.0% 0 0 0.0% CHICAGO - WEST PULLMAN 0 1 -100.0% - 8,000 -100.0% - 8,000 -100.0% - 171 -100.0% 149,500 12,000 1145.8% 149,500 12,000 1145.8% 1 2 -50.0% CHICAGO - RIVERDALE 1 0 100.0% 13,750 - 0.0% 13,750 - 0.0% 34 - 0.0% - 55,000 -100.0% - 55,000 -100.0% 0 1 -100.0% CHICAGO - HEGEWISCH 0 0 0.0% - - 0.0% - - 0.0% - - 0.0% - - 0.0% - - 0.0% 0 0 0.0% CHICAGO - GARFIELD RIDGE 3 1 200.0% 44,467 82,000 -45.8% 45,500 82,000 -44.5% 42 729 -94.2% 117,387 86,950 35.0% 117,386 86,950 35.0% 2 2 0.0% CHICAGO - ARCHER HEIGHTS 0 0 0.0% - - 0.0% - - 0.0% - - 0.0% - - 0.0% - - 0.0% 0 0 0.0% Disclaimer: Statistics provided using data from Midwest Real Estate Data LLC. The Association makes no claim as to the accuracy of this data and has provided this data as a service to our members.
  • 5. Change in Property Types Sold (April & May) 2010 vs. 2011 N. Side Neighborhoods # of Price Year Org. Price List Price Sold Price Changes BD BA SQFT $/SQFT 2010 $ 478,046.34 $ 460,537.26 $ 439,016.95 0.9 2.4 1.9 711.6 280.992 2011 $ 498,614.57 $ 478,672.67 $ 446,310.21 1.1 2.7 1.9 951.5 248.368 Pulled for the N. Side Neighborhoods of Chicago. April & May of 2010 vs 2011 Increase of .3 bedrooms in purchased properties (2011) Increase of over 250 sq./ft of living space in purchased properties (over 60% reported sq/ft) Decrease of almost $40 per sq/ft.
  • 6. Market Dynamics At Properties Supply & Demand - # Units (FS, UC, Sold) 2 Years (Monthly) 05/01/09 - 05/31/11 KEY INFORMATION Monthly Change Monthly % Total Change Total % Change For Sale -374.03 -1.06 -8,976.61 -25.46 Under Contract -12.04 -0.53 -288.97 -12.73 Sold -31.69 -1.31 -760.54 -31.35 MLS: MRED Period: 2 Years (Monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes) Sq Ft: All Cities: Chicago BrokerMetrics® 1 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 7. Market Dynamics At Properties Supply & Demand - # Units (FS, UC, Sold) 2 Years (Monthly) 05/01/09 - 05/31/11 FOR SALE UNDER CONTRACT SOLD EXPIRED NEW LISTINGS Time Period # Properties Average DOM # Properties Average DOM # Properties Average DOM # Properties Average DOM # Properties May-11 25,359 170 2,759 173 2,070 165 3,060 257 4,919 Apr-11 26,032 173 2,590 171 1,844 165 3,002 274 4,873 Mar-11 26,969 179 2,588 175 1,805 159 3,222 307 5,906 Feb-11 25,318 195 1,767 177 1,378 164 2,488 318 4,251 Jan-11 26,138 198 1,771 176 1,347 159 3,300 291 4,997 Dec-10 26,502 207 1,555 164 1,816 151 3,806 301 3,166 Nov-10 28,295 197 1,511 165 1,479 151 3,448 256 3,661 Oct-10 30,335 187 1,621 158 1,544 148 4,080 244 4,411 Sep-10 31,645 180 1,677 150 1,791 145 4,044 246 5,221 Aug-10 32,280 179 1,826 146 1,871 145 4,030 253 5,445 Jul-10 32,536 176 1,804 143 1,982 147 3,897 234 5,781 Jun-10 32,792 176 1,860 137 3,067 141 4,177 247 6,192 May-10 32,003 177 1,799 141 2,490 147 3,604 231 5,341 Apr-10 33,304 171 3,253 146 2,465 153 3,389 253 6,712 Mar-10 32,963 174 2,916 152 2,323 155 3,455 251 7,492 Feb-10 30,466 185 2,153 155 1,611 149 2,842 265 6,089 Jan-10 29,315 194 1,837 154 1,554 142 3,101 269 5,854 Dec-09 29,414 203 1,820 144 2,253 141 4,133 289 3,815 Nov-09 30,881 195 1,641 154 2,270 150 3,641 270 4,233 Oct-09 32,753 187 2,323 153 2,496 145 3,782 251 5,102 Sep-09 33,863 181 2,365 156 2,408 150 3,847 249 5,663 Aug-09 34,416 178 2,491 145 2,347 152 3,725 246 5,698 Jul-09 35,040 174 2,379 145 2,414 155 3,943 244 6,137 Jun-09 35,488 174 2,548 156 2,483 163 4,037 265 6,351 May-09 35,036 174 2,293 160 2,016 166 3,606 251 5,977 BrokerMetrics® 2 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 8. Market Dynamics At Properties For Sale # Units (Bank, Non-Bank) 2 Years (Monthly) 05/01/09 - 05/31/11 KEY INFORMATION Monthly Change Monthly % Change Total Change Total % Change Bank -27.02 -0.33 -648.58 -7.82 Non-Bank -347.00 -1.29 -8,328.04 -30.88 MLS: MRED Period: 2 Years (Monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes) Sq Ft: All Cities: Chicago BrokerMetrics® 1 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 9. Market Dynamics At Properties For Sale # Units (Bank, Non-Bank) 2 Years (Monthly) 05/01/09 - 05/31/11 All Properties Bank Properties Non-Bank Properties Time Period # Properties Avg DOM # Properties % Bank Avg DOM # Properties % Non-Bank Avg DOM May-11 25,359 170 6,124 24.2 144 19,235 75.8 178 Apr-11 26,032 173 6,919 26.6 146 19,113 73.4 183 Mar-11 26,969 179 7,717 28.6 143 19,252 71.4 194 Feb-11 25,318 195 7,541 29.8 147 17,777 70.2 215 Jan-11 26,138 198 7,987 30.6 144 18,151 69.4 222 Dec-10 26,502 207 8,157 30.8 149 18,345 69.2 233 Nov-10 28,295 197 8,086 28.6 148 20,209 71.4 216 Oct-10 30,335 187 8,269 27.3 145 22,066 72.7 203 Sep-10 31,645 180 8,454 26.7 143 23,191 73.3 194 Aug-10 32,280 179 8,424 26.1 141 23,856 73.9 193 Jul-10 32,536 176 8,333 25.6 140 24,203 74.4 189 Jun-10 32,792 176 8,219 25.1 142 24,573 74.9 187 May-10 32,003 177 8,033 25.1 143 23,970 74.9 188 Apr-10 33,304 171 8,193 24.6 143 25,111 75.4 180 Mar-10 32,963 174 8,384 25.4 142 24,579 74.6 185 Feb-10 30,466 185 8,229 27.0 143 22,237 73.0 201 Jan-10 29,315 194 8,255 28.2 141 21,060 71.8 215 Dec-09 29,414 203 8,202 27.9 142 21,212 72.1 226 Nov-09 30,881 195 7,932 25.7 141 22,949 74.3 214 Oct-09 32,753 187 7,870 24.0 140 24,883 76.0 202 Sep-09 33,863 181 8,028 23.7 134 25,835 76.3 196 Aug-09 34,416 178 8,227 23.9 128 26,189 76.1 194 Jul-09 35,040 174 8,160 23.3 123 26,880 76.7 190 Jun-09 35,488 174 7,960 22.4 121 27,528 77.6 189 May-09 35,036 174 7,574 21.6 121 27,462 78.4 188 BrokerMetrics® 2 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 10. Market Dynamics At Properties Supply & Demand - # Units (FS, UC, Sold) May-10 through May-11 KEY INFORMATION Monthly Change Monthly % Total Change Total % Change For Sale -723.83 -2.17 -8,685.91 -26.08 Under Contract 68.13 4.48 817.52 53.70 Sold -63.21 -2.79 -758.56 -33.50 MLS: MRED Period: 2 Years (Monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes) Sq Ft: All Cities: Chicago BrokerMetrics® 1 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 11. Market Dynamics At Properties Supply & Demand - # Units (FS, UC, Sold) May-10 through May-11 FOR SALE UNDER CONTRACT SOLD EXPIRED NEW LISTINGS Time Period # Properties Average DOM # Properties Average DOM # Properties Average DOM # Properties Average DOM # Properties May-11 25,359 170 2,759 173 2,070 165 3,060 257 4,919 Apr-11 26,032 173 2,590 171 1,844 165 3,002 274 4,873 Mar-11 26,969 179 2,588 175 1,805 159 3,222 307 5,906 Feb-11 25,318 195 1,767 177 1,378 164 2,488 318 4,251 Jan-11 26,138 198 1,771 176 1,347 159 3,300 291 4,997 Dec-10 26,502 207 1,555 164 1,816 151 3,806 301 3,166 Nov-10 28,295 197 1,511 165 1,479 151 3,448 256 3,661 Oct-10 30,335 187 1,621 158 1,544 148 4,080 244 4,411 Sep-10 31,645 180 1,677 150 1,791 145 4,044 246 5,221 Aug-10 32,280 179 1,826 146 1,871 145 4,030 253 5,445 Jul-10 32,536 176 1,804 143 1,982 147 3,897 234 5,781 Jun-10 32,792 176 1,860 137 3,067 141 4,177 247 6,192 May-10 32,003 177 1,799 141 2,490 147 3,604 231 5,341 BrokerMetrics® 2 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 12. Market Dynamics At Properties Under Contract # Units (Bank, Non-Bank) May-10 through May-11 KEY INFORMATION Monthly Change Monthly % Change Total Change Total % Change Bank 34.72 4.79 416.59 57.50 Non-Bank 33.41 4.19 400.92 50.25 MLS: MRED Period: 2 Years (Monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes) Sq Ft: All Cities: Chicago BrokerMetrics® 1 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 13. Market Dynamics At Properties Under Contract # Units (Bank, Non-Bank) May-10 through May-11 All Properties Bank Properties Non-Bank Properties Time Period # Properties Avg DOM # Properties % Bank Avg DOM # Properties % Non-Bank Avg DOM May-11 2,759 173 1,117 40.5 178 1,642 59.5 171 Apr-11 2,590 171 1,220 47.1 162 1,370 52.9 180 Mar-11 2,588 175 1,313 50.7 170 1,275 49.3 180 Feb-11 1,767 177 890 50.4 165 877 49.6 189 Jan-11 1,771 176 1,009 57.0 149 762 43.0 211 Dec-10 1,555 164 901 57.9 150 654 42.1 184 Nov-10 1,511 165 780 51.6 152 731 48.4 179 Oct-10 1,621 158 730 45.0 148 891 55.0 167 Sep-10 1,677 150 854 50.9 145 823 49.1 155 Aug-10 1,826 146 855 46.8 125 971 53.2 164 Jul-10 1,804 143 838 46.4 126 966 53.6 158 Jun-10 1,860 137 850 45.7 131 1,010 54.3 142 May-10 1,799 141 782 43.5 131 1,017 56.5 149 BrokerMetrics® 2 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 14. Market Dynamics At Properties Average SP/OP Comparison – No Price Changes vs. 1+ Price Changes May-10 through May-11 KEY INFORMATION Average SP/0P Min Max Range SP/OP - No Price 95.53 93.96 96.82 2.86 SP/OP - 1+ Price 81.87 78.73 84.92 6.19 MLS: MRED Period: 2 Years (Monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes) Sq Ft: All Cities: Chicago BrokerMetrics® 1 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 15. Market Dynamics At Properties Average SP/OP Comparison – No Price Changes vs. 1+ Price Changes May-10 through May-11 No Price Changes 1+ Price Changes Average Average Average Average Time Period # Sold SP/OP DOM # Sold SP/OP DOM May-11 1,172 95.3 113 898 81.9 232 Apr-11 1,031 94.0 121 813 80.0 220 Mar-11 983 94.5 114 822 78.7 214 Feb-11 730 95.4 110 648 79.9 224 Jan-11 718 94.3 108 629 79.2 217 Dec-10 1,005 95.6 104 811 80.4 208 Nov-10 800 95.2 111 679 80.8 198 Oct-10 852 94.9 98 692 82.5 210 Sep-10 979 96.2 89 812 83.1 213 Aug-10 1,072 96.6 90 799 84.6 220 Jul-10 1,172 96.8 93 810 83.6 224 Jun-10 1,826 96.6 92 1,241 84.9 214 May-10 1,461 96.5 96 1,029 84.7 219 BrokerMetrics® 2 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 16. Market Dynamics At Properties Average SP/LP Comparison – No Price Changes vs. 1+ Price Changes May-10 through May-11 KEY INFORMATION Average SP/LP Min Max Range SP/LP - No Price 95.53 93.96 96.82 2.86 SP/LP - 1+ Price 93.70 92.52 95.12 2.60 MLS: MRED Period: 2 Years (Monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes) Sq Ft: All Cities: Chicago BrokerMetrics® 1 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 17. Market Dynamics At Properties Average SP/LP Comparison – No Price Changes vs. 1+ Price Changes May-10 through May-11 No Price Changes 1+ Price Changes Average Average Average Average Time Period # Sold SP/LP DOM # Sold SP/LP DOM May-11 1,172 95.3 113 898 93.4 232 Apr-11 1,031 94.0 121 813 93.4 220 Mar-11 983 94.5 114 822 93.5 214 Feb-11 730 95.4 110 648 92.7 224 Jan-11 718 94.3 108 629 92.6 217 Dec-10 1,005 95.6 104 811 93.4 208 Nov-10 800 95.2 111 679 92.5 198 Oct-10 852 94.9 98 692 94.2 210 Sep-10 979 96.2 89 812 94.6 213 Aug-10 1,072 96.6 90 799 95.1 220 Jul-10 1,172 96.8 93 810 94.2 224 Jun-10 1,826 96.6 92 1,241 94.6 214 May-10 1,461 96.5 96 1,029 93.9 219 BrokerMetrics® 2 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 18. Market Dynamics At Properties Months Supply of Inventory (UC Calculation) May-10 through May-11 KEY INFORMATION Monthly Change Monthly % Total Change Total % Change MSI-UC -0.67 -3.99 -8.00 -47.86 MLS: MRED Period: 2 Years (Monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential: (Detached Single, Attached Single, 2 to 4 Units, Mobile Homes) Sq Ft: All Cities: Chicago BrokerMetrics® 1 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 19. Market Dynamics At Properties Months Supply of Inventory (UC Calculation) May-10 through May-11 Time # For Sale Last # Under Period MSI NAR MSI Day of Month Contract # Sold May-11 7.1 9.4 19,540 2,759 2,070 Apr-11 7.9 11.1 20,440 2,590 1,844 Mar-11 8.2 11.7 21,159 2,588 1,805 Feb-11 11.9 15.3 21,063 1,767 1,378 Jan-11 11.9 15.6 21,067 1,771 1,347 Dec-10 13.6 11.6 21,141 1,555 1,816 Nov-10 15.4 15.8 23,336 1,511 1,479 Oct-10 15.2 16.0 24,634 1,621 1,544 Sep-10 15.5 14.5 25,924 1,677 1,791 Aug-10 14.5 14.1 26,424 1,826 1,871 Jul-10 14.9 13.5 26,835 1,804 1,982 Jun-10 14.4 8.7 26,755 1,860 3,067 May-10 14.8 10.7 26,600 1,799 2,490 BrokerMetrics® 2 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 20. Market Dynamics At Properties Supply & Demand - # Units (FS, UC, Sold) May-10 through May-11 KEY INFORMATION Monthly Change Monthly % Total Change Total % Change For Sale -225.18 -2.34 -2,702.20 -28.02 Under Contract 19.60 5.31 235.20 63.71 Sold -24.24 -3.73 -290.85 -44.70 MLS: MRED Period: 2 Years (Monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential: (Attached Single) Sq Ft: All North Side: 8003, 8022, 8004, 8005, 8024, 8077, 8007, 8006, 8008 BrokerMetrics® 1 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
  • 21. Market Dynamics At Properties Supply & Demand - # Units (FS, UC, Sold) May-10 through May-11 FOR SALE UNDER CONTRACT SOLD EXPIRED NEW LISTINGS Time Period # Properties Average DOM # Properties Average DOM # Properties Average DOM # Properties Average DOM # Properties May-11 7,648 128 748 175 612 181 993 228 1,497 Apr-11 7,741 130 686 181 487 183 904 243 1,572 Mar-11 7,808 150 644 184 458 186 995 371 1,944 Feb-11 7,068 164 510 194 327 210 694 264 1,412 Jan-11 7,057 173 417 210 297 169 984 271 1,510 Dec-10 6,912 184 344 177 436 167 1,021 261 661 Nov-10 7,753 170 359 176 353 170 1,143 232 898 Oct-10 8,507 160 399 185 384 154 1,253 232 1,186 Sep-10 9,002 153 378 159 450 154 1,303 224 1,475 Aug-10 9,338 150 426 141 496 138 1,385 209 1,553 Jul-10 9,537 145 440 154 501 147 1,312 213 1,686 Jun-10 9,758 144 488 144 989 133 1,419 216 1,900 May-10 9,581 143 496 149 769 144 1,227 196 1,555 BrokerMetrics® 2 of 2 06/15/11 Information not guaranteed. © 2011 - 2012 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).