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  • October 2012 Edgewater

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    Hillary Dunn Deck
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    - New listings of detached single-family homes decreased 44.4% in September 2012 compared to September 2011, while closed sales increased 100%. The median sales price increased slightly by 0.2% while the average sales price rose 17.7%. Inventory of homes for sale decreased 60.8%. - New listings of attached single-family homes rose 4.4% in September 2012 compared to a year ago. Closed sales increased 183.3% and the median sales price fell 17.4%. Inventory decreased 36.4%. - Overall, the local housing market saw a 171.4% rise in closed sales but a 35.9% drop in inventory from the previous year. New listings were unchanged.

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    - New listings of detached single-family homes decreased 44.4% in September 2012 compared to September 2011, while closed sales increased 100%. The median sales price increased slightly by 0.2% while the average sales price rose 17.7%. Inventory of homes for sale decreased 60.8%. - New listings of attached single-family homes rose 4.4% in September 2012 compared to a year ago. Closed sales increased 183.3% and the median sales price fell 17.4%. Inventory decreased 36.4%. - Overall, the local housing market saw a 171.4% rise in closed sales but a 35.9% drop in inventory from the previous year. New listings were unchanged.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    12 views1 page

    October 2012 Edgewater

    Uploaded by

    Hillary Dunn Deck
    - New listings of detached single-family homes decreased 44.4% in September 2012 compared to September 2011, while closed sales increased 100%. The median sales price increased slightly by 0.2% while the average sales price rose 17.7%. Inventory of homes for sale decreased 60.8%. - New listings of attached single-family homes rose 4.4% in September 2012 compared to a year ago. Closed sales increased 183.3% and the median sales price fell 17.4%. Inventory decreased 36.4%. - Overall, the local housing market saw a 171.4% rise in closed sales but a 35.9% drop in inventory from the previous year. New listings were unchanged.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    of 1

    Local Market Update September 2012

    A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC


    RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2012

    8077 - CHI Edgewater

    0.0%

    + 171.4%

    - 35.9%

    Change in
    New Listings
    All Properties

    Change in
    Closed Sales
    All Properties

    Change in
    Inventory of Homes
    All Properties

    September

    Detached Single-Family
    New Listings
    Under Contract (includes Contingent and Pending)
    Closed Sales
    Median Sales Price*
    Average Sales Price*
    Percent of Original List Price Received*
    Average Market Time
    Inventory of Homes for Sale at Month End

    Trailing 12 Mos.

    9-2011

    9-2012

    +/

    9-2011

    9-2012

    +/

    - 44.4%

    116

    96

    - 17.2%

    - 50.0%

    63

    54

    - 14.3%

    + 100.0%

    63

    50

    - 20.6%

    $445,000

    $446,000

    + 0.2%

    $502,000

    $460,000

    - 8.4%

    $447,000

    $525,988

    + 17.7%

    $540,146

    $551,332

    + 2.1%

    95.4%

    91.6%

    - 4.0%

    90.0%

    89.9%

    - 0.0%

    268

    105

    - 60.8%

    145

    140

    - 3.1%

    32

    23

    - 28.1%

    --

    --

    --

    September

    Attached Single-Family
    New Listings
    Under Contract (includes Contingent and Pending)
    Closed Sales
    Median Sales Price
    Price*
    Average Sales Price*
    Percent of Original List Price Received*
    Average Market Time
    Inventory of Homes for Sale

    9-2011

    9-2012

    91
    29

    Trailing 12 Mos.
    +/

    9-2011

    9-2012

    +/

    95

    + 4.4%

    1,154

    1,024

    - 11.3%

    64

    + 120.7%

    403

    625

    + 55.1%

    24

    68

    + 183.3%

    389

    531

    + 36.5%

    $166 500
    $166,500

    $137 550
    $137,550

    - 17
    17.4%
    4%

    $145 000
    $145,000

    $125 000
    $125,000

    - 13
    13.8%
    8%

    $192,113

    $179,224

    - 6.7%

    $170,460

    $154,644

    - 9.3%

    88.8%

    92.9%

    + 4.7%

    84.7%

    87.5%

    + 3.4%

    117

    102

    - 12.6%

    166

    156

    - 5.9%

    478

    304

    - 36.4%

    --

    --

    --

    * Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

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


    Detached Single-Family

    Attached Single-Family
    All MLS

    All MLS

    8077 - CHI - Edgewater

    8077 - CHI - Edgewater

    + 30%

    + 20%

    + 20%

    + 10%

    + 10%

    0%

    0%

    - 10%

    - 10%

    - 20%

    - 20%

    - 30%

    - 30%
    1-2009

    1-2010

    1-2011

    1-2012

    - 40%
    1-2009

    1-2010

    1-2011

    1-2012

    *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 used in a dot are
    proportioned according to their share of sales during that period. | All data from Midwest Real Estate Data LLC. Powered by 10K Research and Marketing.

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