Monthly Local Market Update for October 2014. A Research Tool Provided ... Percent changes are calculated using rounded
Monthly Local Market Update for October 2014 A Research Tool Provided by the Illinois Association of REALTORS®
Entire State of Illinois October
Year to Date
Key Metrics for All Properties
2013
2014
Percent Change
Closed Sales
12,952
12,983
+ 0.2%
Previous Month's Closed Sales Median Sales Price* Inventory of Homes for Sale Days on Market Until Sale
13,467
13,013
in September 2013
in September 2014
$150,000
$159,000
73,140 74
Thru Oct 2013 Thru Oct 2014 131,420
124,916
Percent Change
- 4.9%
118,468
111,933
in September 2013
in September 2014
+ 6.0%
$151,000
$162,500
+ 7.6%
71,628
- 2.1%
--
--
--
74
0.0%
80
75
- 6.3%
- 3.4%
- 5.5%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Activity by Property Type for October 2014 Closed Sales
Median Sales Price 12,983
$162,000
$155,000
$159,000
9,263
3,609
†
+ 1.0%
- 2.2%
+ 0.2%
+ 4.5%
+ 8.4%
+ 6.0%
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.
Illinois — Chicago PMSA — City of Chicago —
Historical Median Sales Price $300,000
$250,000
$200,000
$150,000
$100,000 1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
7-2013
1-2014
7-2014
Current as of November 10, 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 October 2014 A Research Tool Provided by the Illinois Association of REALTORS®
Chicago PMSA October
Year to Date
Key Metrics for All Properties
2013
2014
Percent Change
Closed Sales
9,462
9,146
- 3.3%
Previous Month's Closed Sales Median Sales Price* Inventory of Homes for Sale Days on Market Until Sale
9,737
9,224
in September 2013
in September 2014
$175,000
$185,000
43,519 62
Thru Oct 2013 Thru Oct 2014 95,613
89,060
Percent Change
- 6.9%
86,151
79,914
in September 2013
in September 2014
+ 5.7%
$178,500
$195,000
+ 9.2%
43,808
+ 0.7%
--
--
--
61
- 1.6%
69
60
- 13.0%
- 5.3%
- 7.2%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Activity by Property Type for October 2014 Closed Sales
Median Sales Price 9,146 $203,000
$185 000 $185,000 $158,500
5,757 3,389
†
- 3.4%
- 3.3%
- 3.3%
+ 4.1%
+ 9.3%
+ 5.7%
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 —
$240,000 $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
7-2014
Current as of November 10, 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 October 2014 A Research Tool Provided by the Illinois Association of REALTORS®
City of Chicago October
Year to Date
Key Metrics for All Properties
2013
2014
Percent Change
Closed Sales
2,279
2,082
- 8.6%
Previous Month's Closed Sales Median Sales Price* Inventory of Homes for Sale Days on Market Until Sale
2,395
2,229
in September 2013
in September 2014
$218,000
$237,500
9,946 53
Thru Oct 2013 Thru Oct 2014 23,261
21,716
Percent Change
- 6.6%
20,982
19,634
in September 2013
in September 2014
+ 8.9%
$223,000
$250,000
+ 12.1%
9,881
- 0.7%
--
--
--
51
- 3.8%
57
51
- 10.5%
- 6.9%
- 6.4%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Activity by Property Type for October 2014 Closed Sales
Median Sales Price $293,500
2,082
$237,500 $180,000
1,200 882
†
- 1.8%
- 13.1%
- 8.6%
+ 9.1%
+ 12.9%
+ 8.9%
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 — City of Chicago —
$300,000
$250,000
$200,000
$150,000
$100,000 1-2009
7-2009
1-2010
7-2010
1-2011
7-2011
1-2012
7-2012
1-2013
7-2013
1-2014
7-2014
Current as of November 10, 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.