Monthly Local Market Update for June 2014. A Research Tool Provided ... Percent changes are calculated using rounded fig
Monthly Local Market Update for June 2014 A Research Tool Provided by the Illinois Association of REALTORS®
Entire State of Illinois June
Year to Date
Key Metrics for All Properties
2013
2014
Percent Change
Closed Sales
15,640
15,661
+ 0.1%
Previous Month's Closed Sales Median Sales Price* Inventory of Homes for Sale Days on Market Until Sale
15,387
14,127
in May 2013
in May 2014
$170,000
$179,900
74,371 76
Thru Jun 2013 Thru Jun 2014 72,142
Percent Change
68,039
- 5.7%
56,502
52,378
in May 2013
in May 2014
+ 5.8%
$145,000
$156,500
+ 7.9%
70,797
- 4.8%
--
--
--
68
- 10.5%
87
79
- 9.2%
- 8.2%
- 7.3%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Activity by Property Type for June 2014 Closed Sales
Median Sales Price $182,500
15,661
$179,900
$172,500
11,174
4,391
†
+ 0.1%
- 0.2%
+ 0.1%
+ 4.3%
+ 8.9%
+ 5.8%
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
Current as of July 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 June 2014 A Research Tool Provided by the Illinois Association of REALTORS®
Chicago PMSA June
Year to Date
Key Metrics for All Properties
2013
2014
Percent Change
Closed Sales
11,374
11,241
- 1.2%
Previous Month's Closed Sales Median Sales Price* Inventory of Homes for Sale Days on Market Until Sale
11,172
9,945
in May 2013
in May 2014
$205,000
$220,000
45,280 63
Thru Jun 2013 Thru Jun 2014 52,355
Percent Change
48,590
- 7.2%
40,981
37,349
in May 2013
in May 2014
+ 7.3%
$169,500
$189,900
+ 12.0%
42,761
- 5.6%
--
--
--
53
- 15.9%
76
63
- 17.1%
- 11.0%
- 8.9%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Activity by Property Type for June 2014 Closed Sales
Median Sales Price 11,241 $238,500
$220,000 $220 000 $180,000
7,131 4,110
†
- 1.6%
- 0.3%
- 1.2%
+ 6.0%
+ 9.9%
+ 7.3%
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
Current as of July 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 June 2014 A Research Tool Provided by the Illinois Association of REALTORS®
City of Chicago June
Year to Date
Key Metrics for All Properties
2013
2014
Percent Change
Closed Sales
2,729
2,761
+ 1.2%
Previous Month's Closed Sales Median Sales Price* Inventory of Homes for Sale Days on Market Until Sale
2,834
2,438
in May 2013
in May 2014
$252,500
$275,000
9,857 51
Thru Jun 2013 Thru Jun 2014 12,832
Percent Change
12,120
- 5.5%
10,103
9,359
in May 2013
in May 2014
+ 8.9%
$210,000
$242,000
+ 15.2%
9,325
- 5.4%
--
--
--
44
- 13.7%
62
55
- 11.3%
- 14.0%
- 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 June 2014 Closed Sales
Median Sales Price 2,761
$309,000 $275,000 $210,000
1,795 966
†
- 1.7%
+ 2.8%
+ 1.2%
+ 11.1%
+ 8.4%
+ 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
Current as of July 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.