Monthly Local Market Update for April 2014. A Research Tool Provided by the Illinois Association of REALTORS®. Entire S
Monthly Local Market Update for April 2014 A Research Tool Provided by the Illinois Association of REALTORS®
Entire State of Illinois April
Year to Date
Key Metrics for All Properties
2013
2014
Percent Change
Closed Sales
12,846
11,845
- 7.8%
Previous Month's Closed Sales Median Sales Price* Inventory of Homes for Sale Days on Market Until Sale
11,226
10,044
in March 2013
in March 2014
$145,000
$156,000
71,135 89
Thru Apr 2013 Thru Apr 2014 41,113
38,032
Percent Change
- 7.5%
28,267
26,187
in March 2013
in March 2014
+ 7.6%
$133,000
$145,000
+ 9.0%
63,406
- 10.9%
--
--
--
83
- 6.7%
93
85
- 8.6%
- 10.5%
- 7.4%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Activity by Property Type for April 2014 Closed Sales
Median Sales Price 11,845
$155,000
$163,000
$156,000
8,245
3,508
†
- 9.8%
- 3.5%
- 7.8%
+ 3.3%
+ 19.6%
+ 7.6%
Single-Family
Condo
All Properties†
Single-Family
Condo
All Properties
For Closed Sales, All Properties is not necessarily a sum of Single-Family and Condo.
Illinois — Chicago PMSA — City of Chicago —
Historical Median Sales Price $275,000 $250,000 $225,000 $200,000 $175,000 $150,000 $125,000 $100,000 1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
7-2013
1-2014
Current as of May 7, 2014. All data from the multiple listing services located in the state of Illinois. Powered by 10K Research and Marketing. Percent changes are calculated using rounded figures.
Monthly Local Market Update for April 2014 A Research Tool Provided by the Illinois Association of REALTORS®
Chicago PMSA April
Year to Date
Key Metrics for All Properties
2013
2014
Percent Change
Closed Sales
9,312
8,391
- 9.9%
Previous Month's Closed Sales Median Sales Price* Inventory of Homes for Sale Days on Market Until Sale
8,072
7,277
in March 2013
in March 2014
$172,950
$190,000
44,037 77
Thru Apr 2013 Thru Apr 2014 29,809
27,243
Percent Change
- 8.6%
20,497
18,852
in March 2013
in March 2014
+ 9.9%
$153,000
$173,000
+ 13.1%
37,865
- 14.0%
--
--
--
65
- 15.6%
83
69
- 16.9%
- 9.8%
- 8.0%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Activity by Property Type for April 2014 Closed Sales
Median Sales Price 8,391 $205,000
$190 000 $190,000 $168,000
5,069 3,322
†
- 13.5%
- 3.8%
- 9.9%
+ 8.5%
+ 20.8%
+ 9.9%
Single-Family
Condo
All Properties†
Single-Family
Condo
All Properties
For Closed Sales, All Properties is not necessarily a sum of Single-Family and Condo.
Historical Median Sales Price
Illinois — Chicago PMSA —
$220,000
$200,000
$180,000
$160,000
$140,000
$120,000
$100,000 1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
7-2013
1-2014
Current as of May 7, 2014. All data from the multiple listing services located in the state of Illinois. Powered by 10K Research and Marketing. Percent changes are calculated using rounded figures.
Monthly Local Market Update for April 2014 A Research Tool Provided by the Illinois Association of REALTORS®
City of Chicago April
Year to Date
Key Metrics for All Properties
2013
2014
Percent Change
Closed Sales
2,392
2,210
- 7.6%
Previous Month's Closed Sales Median Sales Price* Inventory of Homes for Sale Days on Market Until Sale
1,945
1,860
in March 2013
in March 2014
$223,250
$250,000
9,636 62
Thru Apr 2013 Thru Apr 2014 7,269
6,864
Percent Change
- 5.6%
4,877
4,654
in March 2013
in March 2014
+ 12.0%
$182,000
$220,000
+ 20.9%
8,573
- 11.0%
--
--
--
55
- 11.3%
70
61
- 12.9%
- 4.4%
- 4.6%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Activity by Property Type for April 2014 Closed Sales
Median Sales Price 2,210
$295,000 $ $250,000
1,437 $165,000 773
†
- 16.0%
- 2.4%
- 7.6%
+ 4.6%
+ 7.9%
+ 12.0%
Single-Family
Condo
All Properties†
Single-Family
Condo
All Properties
For Closed Sales, All Properties is not necessarily a sum of Single-Family and Condo.
Historical Median Sales Price
Illinois — City of Chicago —
$275,000 $250,000 $225,000 $200,000 $175,000 $150,000 $125,000 $100,000 1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
7-2013
1-2014
Current as of May 7, 2014. All data from the multiple listing services located in the state of Illinois. Powered by 10K Research and Marketing. Percent changes are calculated using rounded figures.
