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www.ChicagoHomePartner.com 773.537.1300

2014 Chicago Real Estate Review - Market Insight and Predictions - Amanda McMillan

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www.ChicagoHomePartner.com 773.537.1300

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 9 17 + 88.9% 182 250 + 37.4%

Closed Sales 9 6 - 33.3% 131 120 - 8.4%

Median Sales Price* $248,250 $260,750 + 5.0% $290,000 $293,500 + 1.2%

Percent of Original List Price Received* 88.8% 93.2% + 5.0% 94.7% 95.8% + 1.1%

Market Time 54 64 + 17.8% 83 71 - 14.4%

Inventory of Homes for Sale 30 49 + 63.3% -- -- --

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 12 8 - 33.3% 247 261 + 5.7%

Closed Sales 21 14 - 33.3% 160 148 - 7.5%

Median Sales Price* $98,000 $105,000 + 7.1% $105,350 $133,950 + 27.1%

Percent of Original List Price Received* 96.0% 86.2% - 10.2% 96.3% 92.8% - 3.6%

Market Time 82 162 + 96.8% 98 96 - 2.0%

Inventory of Homes for Sale 48 43 - 10.4% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Local Market Update – December 2014A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2015

Albany Park+ 19.0% - 33.3% + 17.9%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

Detached Single-FamilyDecember Year to Date

Attached Single-FamilyDecember Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. | Current as of January 14, 2015. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.

Change in Median Sales Price from Prior Year (6-Month Average)†

All AllAlbany Park Albany Park

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

+ 70%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Detached Single-Familyb

a

- 80%

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Attached Single-Familyb

a

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 5 8 + 60.0% 145 184 + 26.9%

Closed Sales 8 12 + 50.0% 100 109 + 9.0%

Median Sales Price* $358,250 $385,625 + 7.6% $308,500 $345,000 + 11.8%

Percent of Original List Price Received* 95.4% 92.8% - 2.6% 96.3% 98.1% + 1.9%

Market Time 26 55 + 111.9% 63 46 - 27.2%

Inventory of Homes for Sale 20 26 + 30.0% -- -- --

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 9 11 + 22.2% 177 290 + 63.8%

Closed Sales 13 17 + 30.8% 115 134 + 16.5%

Median Sales Price* $177,750 $319,000 + 79.5% $177,750 $299,950 + 68.7%

Percent of Original List Price Received* 93.9% 97.0% + 3.3% 93.7% 97.7% + 4.3%

Market Time 44 85 + 90.6% 103 88 - 14.9%

Inventory of Homes for Sale 33 32 - 3.0% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Local Market Update – December 2014A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2015

Avondale+ 35.7% + 38.1% + 9.4%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

Detached Single-FamilyDecember Year to Date

Attached Single-FamilyDecember Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. | Current as of January 14, 2015. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.

Change in Median Sales Price from Prior Year (6-Month Average)†

All AllAvondale Avondale

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Detached Single-Familyb

a

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Attached Single-Familyb

a

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 3 6 + 100.0% 85 141 + 65.9%

Closed Sales 3 7 + 133.3% 64 63 - 1.6%

Median Sales Price* $810,000 $545,000 - 32.7% $489,614 $599,900 + 22.5%

Percent of Original List Price Received* 91.0% 92.6% + 1.8% 93.7% 94.1% + 0.5%

Market Time 38 29 - 22.6% 104 43 - 58.6%

Inventory of Homes for Sale 13 21 + 61.5% -- -- --

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 41 53 + 29.3% 1,030 1,244 + 20.8%

Closed Sales 69 47 - 31.9% 719 673 - 6.4%

Median Sales Price* $133,170 $133,000 - 0.1% $150,000 $172,500 + 15.0%

Percent of Original List Price Received* 95.2% 93.8% - 1.5% 94.2% 94.7% + 0.4%

Market Time 135 67 - 50.5% 111 77 - 30.7%

Inventory of Homes for Sale 187 210 + 12.3% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Local Market Update – December 2014A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2015

Edgewater+ 34.1% - 25.0% + 15.5%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

Detached Single-FamilyDecember Year to Date

Attached Single-FamilyDecember Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. | Current as of January 14, 2015. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.

Change in Median Sales Price from Prior Year (6-Month Average)†

All AllEdgewater Edgewater

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Detached Single-Familyb

a

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Attached Single-Familyb

a

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 18 17 - 5.6% 448 441 - 1.6%

Closed Sales 16 14 - 12.5% 275 227 - 17.5%

Median Sales Price* $402,500 $378,250 - 6.0% $355,000 $385,000 + 8.5%

Percent of Original List Price Received* 96.7% 95.8% - 0.9% 96.3% 95.8% - 0.6%

Market Time 76 41 - 46.9% 79 74 - 6.6%

Inventory of Homes for Sale 66 61 - 7.6% -- -- --

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 14 14 0.0% 329 362 + 10.0%

Closed Sales 13 18 + 38.5% 253 210 - 17.0%

Median Sales Price* $153,000 $170,000 + 11.1% $137,500 $157,500 + 14.5%

Percent of Original List Price Received* 95.5% 94.0% - 1.5% 96.9% 95.6% - 1.3%

Market Time 55 69 + 25.4% 95 80 - 15.8%

Inventory of Homes for Sale 55 63 + 14.5% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Local Market Update – December 2014A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2015

Irving Park- 3.1% + 10.3% + 2.5%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

Detached Single-FamilyDecember Year to Date

Attached Single-FamilyDecember Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. | Current as of January 14, 2015. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.

Change in Median Sales Price from Prior Year (6-Month Average)†

All AllIrving Park Irving Park

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Detached Single-Familyb

a

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Attached Single-Familyb

a

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 16 20 + 25.0% 298 359 + 20.5%

Closed Sales 14 16 + 14.3% 167 167 0.0%

Median Sales Price* $1,084,500 $1,187,500 + 9.5% $1,080,000 $1,240,000 + 14.8%

Percent of Original List Price Received* 97.3% 97.0% - 0.3% 96.4% 96.1% - 0.3%

Market Time 66 80 + 21.0% 75 64 - 14.8%

Inventory of Homes for Sale 41 51 + 24.4% -- -- --

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 87 81 - 6.9% 3,002 3,403 + 13.4%

Closed Sales 140 109 - 22.1% 1,960 1,804 - 8.0%

Median Sales Price* $362,000 $336,000 - 7.2% $331,000 $350,725 + 6.0%

Percent of Original List Price Received* 95.3% 95.2% - 0.2% 96.0% 95.9% - 0.1%

Market Time 71 86 + 20.4% 67 68 + 0.6%

Inventory of Homes for Sale 375 466 + 24.3% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Local Market Update – December 2014A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2015

Lake View- 1.9% - 18.8% + 24.3%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

Detached Single-FamilyDecember Year to Date

Attached Single-FamilyDecember Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. | Current as of January 14, 2015. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.

Change in Median Sales Price from Prior Year (6-Month Average)†

All AllLake View Lake View

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Detached Single-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Attached Single-Familyb

a

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 12 16 + 33.3% 413 505 + 22.3%

Closed Sales 20 21 + 5.0% 216 198 - 8.3%

Median Sales Price* $1,500,000 $1,610,000 + 7.3% $1,350,000 $1,577,500 + 16.9%

Percent of Original List Price Received* 93.0% 93.3% + 0.4% 94.3% 94.8% + 0.6%

Market Time 135 124 - 8.7% 116 105 - 9.8%

Inventory of Homes for Sale 51 82 + 60.8% -- -- --

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 59 59 0.0% 1,885 2,239 + 18.8%

Closed Sales 87 87 0.0% 1,243 1,251 + 0.6%

Median Sales Price* $480,000 $460,000 - 4.2% $425,000 $436,250 + 2.6%

Percent of Original List Price Received* 95.5% 94.4% - 1.1% 96.2% 96.5% + 0.3%

Market Time 61 76 + 24.8% 64 60 - 6.3%

Inventory of Homes for Sale 192 255 + 32.8% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Local Market Update – December 2014A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2015

Lincoln Park+ 5.6% + 0.9% + 38.7%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

Detached Single-FamilyDecember Year to Date

Attached Single-FamilyDecember Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. | Current as of January 14, 2015. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.

Change in Median Sales Price from Prior Year (6-Month Average)†

All AllLincoln Park Lincoln Park

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Detached Single-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Attached Single-Familyb

a

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 4 8 + 100.0% 177 181 + 2.3%

Closed Sales 12 12 0.0% 125 96 - 23.2%

Median Sales Price* $455,500 $505,000 + 10.9% $582,000 $577,500 - 0.8%

Percent of Original List Price Received* 97.0% 92.7% - 4.5% 97.2% 96.4% - 0.9%

Market Time 30 111 + 265.6% 69 57 - 16.5%

Inventory of Homes for Sale 13 27 + 107.7% -- -- --

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 20 19 - 5.0% 493 617 + 25.2%

Closed Sales 21 14 - 33.3% 329 306 - 7.0%

Median Sales Price* $350,200 $282,750 - 19.3% $247,000 $263,500 + 6.7%

Percent of Original List Price Received* 97.0% 95.7% - 1.3% 95.6% 95.7% + 0.1%

Market Time 59 66 + 11.2% 86 57 - 33.8%

Inventory of Homes for Sale 59 67 + 13.6% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Local Market Update – December 2014A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2015

Lincoln Square+ 12.5% - 21.2% + 30.6%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

Detached Single-FamilyDecember Year to Date

Attached Single-FamilyDecember Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. | Current as of January 14, 2015. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.

Change in Median Sales Price from Prior Year (6-Month Average)†

All AllLincoln Square Lincoln Square

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Detached Single-Familyb

a

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Attached Single-Familyb

a

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 12 19 + 58.3% 329 452 + 37.4%

Closed Sales 24 20 - 16.7% 245 258 + 5.3%

Median Sales Price* $402,500 $405,000 + 0.6% $512,000 $525,250 + 2.6%

Percent of Original List Price Received* 98.9% 97.2% - 1.7% 97.6% 98.3% + 0.8%

Market Time 79 41 - 47.6% 89 48 - 46.1%

Inventory of Homes for Sale 41 64 + 56.1% -- -- --

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 18 37 + 105.6% 757 908 + 19.9%

Closed Sales 24 36 + 50.0% 520 516 - 0.8%

Median Sales Price* $308,000 $317,000 + 2.9% $310,000 $320,000 + 3.2%

Percent of Original List Price Received* 95.3% 97.5% + 2.3% 96.3% 96.8% + 0.6%

Market Time 89 101 + 13.3% 73 63 - 13.3%

Inventory of Homes for Sale 96 84 - 12.5% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Local Market Update – December 2014A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2015

Logan Square+ 86.7% + 16.7% + 8.0%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

Detached Single-FamilyDecember Year to Date

Attached Single-FamilyDecember Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. | Current as of January 14, 2015. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.

Change in Median Sales Price from Prior Year (6-Month Average)†

All AllLogan Square Logan Square

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Detached Single-Familyb

a

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Attached Single-Familyb

a

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 0 0 -- 2 2 0.0%

Closed Sales 0 0 -- 0 0 --

Median Sales Price* $0 $0 -- $0 $0 --

Percent of Original List Price Received* 0.0% 0.0% -- 0.0% 0.0% --

Market Time 0 0 -- 0 0 --

Inventory of Homes for Sale 0 0 -- -- -- --

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 69 55 - 20.3% 1,355 1,336 - 1.4%

Closed Sales 66 64 - 3.0% 913 791 - 13.4%

Median Sales Price* $362,200 $344,000 - 5.0% $332,000 $343,000 + 3.3%

Percent of Original List Price Received* 97.7% 95.4% - 2.4% 97.7% 96.4% - 1.4%

Market Time 90 100 + 11.8% 89 91 + 2.3%

Inventory of Homes for Sale 279 239 - 14.3% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Local Market Update – December 2014A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2015

Loop- 20.3% - 3.0% - 14.3%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

Detached Single-FamilyDecember Year to Date

Attached Single-FamilyDecember Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. | Current as of January 14, 2015. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.

Change in Median Sales Price from Prior Year (6-Month Average)†

All AllLoop Loop

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Detached Single-Familyb

a

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Attached Single-Familyb

a

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 4 1 - 75.0% 107 102 - 4.7%

Closed Sales 5 2 - 60.0% 34 33 - 2.9%

Median Sales Price* $1,220,000 $2,925,000 + 139.8% $1,622,500 $2,360,000 + 45.5%

Percent of Original List Price Received* 89.7% 93.0% + 3.6% 91.1% 92.1% + 1.1%

Market Time 416 78 - 81.4% 260 209 - 19.6%

Inventory of Homes for Sale 38 30 - 21.1% -- -- --

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 183 143 - 21.9% 3,984 4,656 + 16.9%

Closed Sales 188 180 - 4.3% 2,677 2,540 - 5.1%

Median Sales Price* $412,500 $437,500 + 6.1% $380,000 $385,000 + 1.3%

Percent of Original List Price Received* 96.1% 93.4% - 2.8% 96.5% 95.9% - 0.6%

Market Time 73 115 + 57.3% 88 82 - 7.2%

Inventory of Homes for Sale 697 826 + 18.5% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Local Market Update – December 2014A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2015

Near North Side- 23.0% - 5.7% + 16.5%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

Detached Single-FamilyDecember Year to Date

Attached Single-FamilyDecember Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. | Current as of January 14, 2015. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.

Change in Median Sales Price from Prior Year (6-Month Average)†

All AllNear North Side Near North Side

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

+ 160%

+ 180%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Detached Single-Familyb

a

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Attached Single-Familyb

a

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 1 0 - 100.0% 19 11 - 42.1%

Closed Sales 0 0 -- 10 9 - 10.0%

Median Sales Price* $0 $0 -- $872,500 $980,000 + 12.3%

Percent of Original List Price Received* 0.0% 0.0% -- 95.2% 93.3% - 2.0%

Market Time 0 0 -- 63 44 - 30.1%

Inventory of Homes for Sale 1 0 - 100.0% -- -- --

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 112 38 - 66.1% 1,201 1,237 + 3.0%

Closed Sales 81 62 - 23.5% 791 785 - 0.8%

Median Sales Price* $373,000 $363,500 - 2.5% $350,000 $379,000 + 8.3%

Percent of Original List Price Received* 98.2% 99.2% + 1.0% 99.1% 98.5% - 0.7%

Market Time 41 93 + 125.3% 62 69 + 11.3%

Inventory of Homes for Sale 178 137 - 23.0% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Local Market Update – December 2014A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2015

Near South Side- 66.4% - 23.5% - 23.5%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

Detached Single-FamilyDecember Year to Date

Attached Single-FamilyDecember Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. | Current as of January 14, 2015. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.

Change in Median Sales Price from Prior Year (6-Month Average)†

All AllNear South Side Near South Side

- 70%

- 60%

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Detached Single-Familyb

a

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Attached Single-Familyb

a

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 2 3 + 50.0% 64 65 + 1.6%

Closed Sales 2 4 + 100.0% 37 24 - 35.1%

Median Sales Price* $521,125 $378,600 - 27.3% $215,000 $357,100 + 66.1%

Percent of Original List Price Received* 137.8% 99.2% - 28.0% 94.5% 95.9% + 1.5%

Market Time 110 40 - 63.6% 171 66 - 61.4%

Inventory of Homes for Sale 11 14 + 27.3% -- -- --

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 58 56 - 3.4% 1,510 1,558 + 3.2%

Closed Sales 76 69 - 9.2% 1,105 1,060 - 4.1%

Median Sales Price* $283,000 $305,000 + 7.8% $288,500 $315,000 + 9.2%

Percent of Original List Price Received* 96.6% 97.0% + 0.4% 98.6% 98.7% + 0.1%

Market Time 64 56 - 12.4% 60 56 - 6.7%

Inventory of Homes for Sale 188 176 - 6.4% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Local Market Update – December 2014A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2015

Near West Side- 1.7% - 6.4% - 4.5%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

Detached Single-FamilyDecember Year to Date

Attached Single-FamilyDecember Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. | Current as of January 14, 2015. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.

Change in Median Sales Price from Prior Year (6-Month Average)†

All AllNear West Side Near West Side

- 100%

- 50%

0%

+ 50%

+ 100%

+ 150%

+ 200%

+ 250%

+ 300%

+ 350%

+ 400%

+ 450%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Detached Single-Familyb

a

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Attached Single-Familyb

a

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 11 13 + 18.2% 362 427 + 18.0%

Closed Sales 12 16 + 33.3% 254 205 - 19.3%

Median Sales Price* $1,094,750 $1,045,000 - 4.5% $875,000 $900,000 + 2.9%

Percent of Original List Price Received* 95.7% 96.2% + 0.5% 97.3% 96.9% - 0.3%

Market Time 39 86 + 122.1% 60 52 - 13.7%

Inventory of Homes for Sale 31 52 + 67.7% -- -- --

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 11 25 + 127.3% 541 668 + 23.5%

Closed Sales 27 29 + 7.4% 375 334 - 10.9%

Median Sales Price* $380,000 $392,000 + 3.2% $355,000 $386,000 + 8.7%

Percent of Original List Price Received* 96.0% 94.8% - 1.2% 97.4% 96.9% - 0.6%

Market Time 67 72 + 6.8% 72 57 - 21.0%

Inventory of Homes for Sale 52 68 + 30.8% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Local Market Update – December 2014A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2015

North Center+ 72.7% + 15.4% + 44.6%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

Detached Single-FamilyDecember Year to Date

Attached Single-FamilyDecember Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. | Current as of January 14, 2015. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.

Change in Median Sales Price from Prior Year (6-Month Average)†

All AllNorth Center North Center

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Detached Single-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Attached Single-Familyb

a

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 2 6 + 200.0% 52 71 + 36.5%

Closed Sales 2 3 + 50.0% 30 36 + 20.0%

Median Sales Price* $510,000 $1,176,000 + 130.6% $690,000 $840,000 + 21.7%

Percent of Original List Price Received* 95.5% 95.3% - 0.2% 96.9% 98.1% + 1.2%

Market Time 247 16 - 93.4% 115 70 - 39.1%

Inventory of Homes for Sale 8 12 + 50.0% -- -- --

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 49 65 + 32.7% 1,234 1,477 + 19.7%

Closed Sales 53 51 - 3.8% 766 745 - 2.7%

Median Sales Price* $195,000 $192,500 - 1.3% $210,000 $227,500 + 8.3%

Percent of Original List Price Received* 94.8% 93.1% - 1.8% 94.9% 94.8% - 0.1%

Market Time 107 100 - 6.4% 94 83 - 12.1%

Inventory of Homes for Sale 219 243 + 11.0% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Local Market Update – December 2014A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2015

Uptown+ 39.2% - 1.8% + 12.3%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

Detached Single-FamilyDecember Year to Date

Attached Single-FamilyDecember Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. | Current as of January 14, 2015. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.

Change in Median Sales Price from Prior Year (6-Month Average)†

All AllUptown Uptown

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Detached Single-Familyb

a

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Attached Single-Familyb

a

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 12 12 0.0% 412 459 + 11.4%

Closed Sales 23 24 + 4.3% 262 219 - 16.4%

Median Sales Price* $732,000 $815,000 + 11.3% $690,250 $790,000 + 14.5%

Percent of Original List Price Received* 95.8% 97.3% + 1.6% 97.8% 97.1% - 0.7%

Market Time 57 52 - 9.3% 76 71 - 5.8%

Inventory of Homes for Sale 55 55 0.0% -- -- --

12-2013 12-2014 + / – 12-2013 12-2014 + / –

New Listings 75 87 + 16.0% 2,013 2,433 + 20.9%

Closed Sales 93 90 - 3.2% 1,301 1,359 + 4.5%

Median Sales Price* $408,250 $403,750 - 1.1% $362,900 $385,000 + 6.1%

Percent of Original List Price Received* 97.4% 95.2% - 2.3% 97.0% 97.0% - 0.0%

Market Time 71 72 + 1.2% 61 55 - 10.8%

Inventory of Homes for Sale 249 240 - 3.6% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Local Market Update – December 2014A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2015

West Town+ 13.8% - 1.7% - 3.0%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

Detached Single-FamilyDecember Year to Date

Attached Single-FamilyDecember Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months usedin a dot are proportioned according to their share of sales during that period. | Current as of January 14, 2015. All data from Midwest Real Estate Data. Powered by 10K Research and Marketing.

Change in Median Sales Price from Prior Year (6-Month Average)†

All AllWest Town West Town

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Detached Single-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014

Attached Single-Familyb

a