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Chicago Loop, Gold Coast Chicago, Lincoln Park Chicago, market, Median Sales Price, Near South Side Chicago, Near West Side Chicago, Real estate, Trends
SINGLE FAMILY & ATTACHED REAL ESTATE TRENDS FOR THE MONTH OF
MAY, 2012 IN DOWNTOWN CHICAGO
For detailed information about your neighborhood sign up to receive a Market Snapshot report.
Data provided by Midwest Real Estate Data LLC • Current as of June 14, 2012
Click to jump to the data of your interest.
| Near South Side | Near West Side | Loop | Near North Side |
(Area 8033: Includes Dearborn Park, Museum Park and the South Loop)
Search for condos (including townhomes) and houses in the Near South Side
Click to jump to the data of your interest.
| Condo | Traditional | Short Sale | Bank Owned | Change in Median Price |
| House | Traditional | Short Sale | Bank Owned | Change in Median Price |
| % Change All Properties | -28.3% | +15.2% | -30.9% |
| New Listings | Closed Sales | Inventory of Homes |
| Traditional Condo | 5-2011 | 5-2012 | +/- |
| New | 64 | 49 | -23.4% |
| Under Contract | 27 | 42 | +55.6% |
| Closed Sales | 32 | 25 | -21.9% |
| Median Sales Price | $312,500 | $310,000 | -0.8% |
| Average Sales Price | $313,044 | $400,316 | +27.9% |
| Percent of Original List Price Received | 94.1% | 96.2% | +2.3% |
| Average Market Time | 166 | 153 | -7.4% |
| Inventory of Homes for Sale at Month End | 772 | 570 | -26.2% |
Trailing 12 Mos.
| Traditional Condo | 5-2011 | 5-2012 | +/- |
| New | 885 | 584 | -34% |
| Under Contract | 283 | 286 | +1.1% |
| Closed Sales | 352 | 243 | -31% |
| Median Sales Price | $335,000 | $330,000 | -1.5% |
| Average Sales Price | $385,445 | $403,724 | +4.5% |
| Percent of Original List Price Received | 97.5% | 94.2% | -3.4% |
| Average Market Time | 162 | 162 | -0.1% |
| Inventory of Homes for Sale at Month End | 941 | 627 | -33.4% |
Top
Month of May 2012
| Short Sale Condo | 5-2011 | 5-2012 | +/- |
| New | 17.9 | 3.1 | -82.9% |
| Under Contract | 11 | 14 | +27.3% |
| Closed Sales | 8 | 13 | +62.5% |
| Median Sales Price | $292,500 | $210,000 | -28.2% |
| Average Sales Price | $292,750 | $227,808 | -22.2% |
| Percent of Original List Price Received | 91.1% | 87% | -4.5% |
| Average Market Time | 200 | 170 | -14.7% |
| Inventory of Homes for Sale at Month End | 115 | 46 | -60% |
Trailing 12 Mos.
| Short Sale Condo | 5-2011 | 5-2012 | +/- |
| New | 205 | 226 | +10.2% |
| Under Contract | 77 | 180 | +133.8% |
| Closed Sales | 62 | 116 | +87.1% |
| Median Sales Price | $200,500 | $199,000 | -0.7% |
| Average Sales Price | $235,494 | $226,283 | -3.9% |
| Percent of Original List Price Received | 86.3% | 86.6% | +0.3% |
| Average Market Time | 240 | 193 | -19.7% |
| Inventory of Homes for Sale at Month End | 133 | 99 | -12.1% |
Top
Month of May 2012
| Bank Owned Condo | 5-2011 | 5-2012 | +/- |
| New | 10 | 7 | -30% |
| Under Contract | 3 | 5 | +66.7% |
| Closed Sales | 6 | 14 | +133.3% |
| Median Sales Price | $161,500 | $178,500 | +10.5% |
| Average Sales Price | $212,238 | $221,093 | +4.2% |
| Percent of Original List Price Received | 101.6% | 92.4% | -9.1% |
| Average Market Time | 148 | 54 | -63.7% |
| Inventory of Homes for Sale at Month End | 26 | 14 | -46.2% |
Trailing 12 Mos.
| Bank Owned Condo | 5-2011 | 5-2012 | +/- |
| New | 101 | 107 | +5.9% |
| Under Contract | 63 | 92 | +46% |
| Closed Sales | 63 | 93 | +47.6% |
| Median Sales Price | $179,000 | $176,500 | -1.4% |
| Average Sales Price | $201,061 | $205,807 | +2.4% |
| Percent of Original List Price Received | 90.8% | 91.2% | +0.5% |
| Average Market Time | 154 | 137 | -10.9% |
| Inventory of Homes for Sale at Month End | 26 | 21 | -19.9% |
Change in Median Sales Price from Prior Year (6-Month Average)
Top
Month of May 2012
| Traditional House | 5-2011 | 5-2012 | +/- |
| New | 0 | 1 | 0% |
| Under Contract | 1 | 2 | +100% |
| Closed Sales | 0 | 1 | 0% |
| Median Sales Price | $0 | $1,725,000 | 0% |
| Average Sales Price | $0 | $1,725,000 | 0% |
| Percent of Original List Price Received | 0% | 90.8% | 0% |
| Average Market Time | 0 | 1 | 0% |
| Inventory of Homes for Sale at Month End | 2 | 3 | +50% |
Trailing 12 Mos.
| Traditional House | 5-2011 | 5-2012 | +/- |
| New | 11 | 23 | +109.1% |
| Under Contract | 5 | 8 | +60% |
| Closed Sales | 4 | 7 | +75% |
| Median Sales Price | $741,250 | $885,000 | +19.4% |
| Average Sales Price | $883,750 | $1,066,071 | +20.6% |
| Percent of Original List Price Received | 88.2% | 90.8% | +2.9% |
| Average Market Time | 137 | 79 | -42.6% |
| Inventory of Homes for Sale at Month End | 4 | 4 | +18.2% |
Top
Month of May 2012
| Short Sale House | 5-2011 | 5-2012 | +/- |
| NO DATA |
Trailing 12 Mos.
| Short Sale House | 5-2011 | 5-2012 | +/- |
| New | 2 | 1 | -50% |
| Under Contract | 0 | 0 | 0% |
| Closed Sales | 0 | 0 | 0% |
| Median Sales Price | $0 | $0 | 0% |
| Average Sales Price | $0 | $0 | 0% |
| Percent of Original List Price Received | 0% | 0% | 0% |
| Average Market Time | 0 | 0 | 0% |
| Inventory of Homes for Sale at Month End | 0 | 0 | 0% |
Top
Month of May 2012
| Bank Owned House | 5-2011 | 5-2012 | +/- |
| NO DATA |
Trailing 12 Mos.
| Bank Owned House | 5-2011 | 5-2012 | +/- |
| NO DATA |
Change in Median Sales Price from Prior Year (6-Month Average)
(Area 8028: Includes Medical Center, Pilsen, and University Village)
Search for condos (including townhomes) and houses in the Near West Side
Click to jump to the data of your interest.
| Condo | Traditional | Short Sale | Bank Owned | Change in Median Price |
| House | Traditional | Short Sale | Bank Owned | Change in Median Price |
| % Change All Properties | -35.6% | +31.3% | -54.8% |
| New Listings | Closed Sales | Inventory of Homes |
| Traditional Condo | 5-2011 | 5-2012 | +/- |
| New | 124 | 77 | -37.9% |
| Under Contract | 53 | 62 | +17% |
| Closed Sales | 48 | 51 | +6.3% |
| Median Sales Price | $272,250 | $299,900 | +10.2% |
| Average Sales Price | $295,175 | $311,661 | +5.6% |
| Percent of Original List Price Received | 94.4% | 97.5% | +3.2% |
| Average Market Time | 158 | 106 | -33% |
| Inventory of Homes for Sale at Month End | 488 | 227 | -53.5% |
Trailing 12 Mos.
| Traditional Condo | 5-2011 | 5-2012 | +/- |
| New | 1,496 | 1,020 | -31.8% |
| Under Contract | 419 | 533 | +27.2% |
| Closed Sales | 436 | 507 | +14.9% |
| Median Sales Price | $300,000 | $300,000 | 0% |
| Average Sales Price | $328,273 | $330,248 | +0.6% |
| Percent of Original List Price Received | 95.2% | 95.2% | 0% |
| Average Market Time | 148 | 131 | -11.2% |
| Inventory of Homes for Sale at Month End | 564 | 322 | -42.9% |
Top
Month of May 2012
| Short Sale Condo | 5-2011 | 5-2012 | +/- |
| New | 35 | 28 | -20% |
| Under Contract | 11 | 36 | +227.3% |
| Closed Sales | 10 | 14 | +40% |
| Median Sales Price | $164,500 | $107,450 | -34.7% |
| Average Sales Price | $180,700 | $135,850 | -24.8% |
| Percent of Original List Price Received | 81.4% | 86.4% | +6.1% |
| Average Market Time | 301 | 170 | -43.6% |
| Inventory of Homes for Sale at Month End | 173 | 66 | -61.8% |
Trailing 12 Mos.
| Short Sale Condo | 5-2011 | 5-2012 | +/- |
| New | 307 | 304 | -1% |
| Under Contract | 84 | 242 | +188.1% |
| Closed Sales | 78 | 142 | +82.1% |
| Median Sales Price | $211,500 | $171,000 | -19.1% |
| Average Sales Price | $222,278 | $186,675 | -16% |
| Percent of Original List Price Received | 82.1% | 86.9% | +5.8% |
| Average Market Time | 215 | 197 | -8.2% |
| Inventory of Homes for Sale at Month End | 46 | 44 | -5.1% |
Top
Month of May 2012
| Bank Owned Condo | 5-2011 | 5-2012 | +/- |
| New | 23 | 13 | -43.5% |
| Under Contract | 17 | 13 | -23.5% |
| Closed Sales | 5 | 18 | +260% |
| Median Sales Price | $280,000 | $153,550 | -45.2% |
| Average Sales Price | $259,600 | $159,547 | -38.5% |
| Percent of Original List Price Received | 81.9% | 88.5% | +8% |
| Average Market Time | 258 | 111 | -57% |
| Inventory of Homes for Sale at Month End | 55 | 28 | -49.1% |
Trailing 12 Mos.
| Bank Owned Condo | 5-2011 | 5-2012 | +/- |
| New | 160 | 181 | +13.1% |
| Under Contract | 86 | 161 | +87.2% |
| Closed Sales | 76 | 165 | +117.1% |
| Median Sales Price | $152,500 | $149,000 | -2.3% |
| Average Sales Price | $186,993 | $160,189 | -14.3% |
| Percent of Original List Price Received | 88.1% | 88.3% | +0.3% |
| Average Market Time | 131 | 140 | +7.5% |
| Inventory of Homes for Sale at Month End | 46 | 44 | -5.1% |
Change in Median Sales Price from Prior Year (6-Month Average)
Top
Month of May 2012
| Traditional House | 5-2011 | 5-2012 | +/- |
| New | 5 | 2 | -60% |
| Under Contract | 0 | 1 | 0% |
| Closed Sales | 1 | 0 | -100% |
| Median Sales Price | $268,000 | $0 | -100% |
| Average Sales Price | $268,000 | $0 | -100% |
| Percent of Original List Price Received | 92.7% | 0% | -100% |
| Average Market Time | 38 | 0 | -100% |
| Inventory of Homes for Sale at Month End | 16 | 11 | -31.3% |
Trailing 12 Mos.
| Traditional House | 5-2011 | 5-2012 | +/- |
| New | 46 | 37 | -19.6% |
| Under Contract | 11 | 8 | -27.3% |
| Closed Sales | 14 | 6 | -57.1% |
| Median Sales Price | $330,000 | $751,250 | +127.7% |
| Average Sales Price | $552,689 | $739,583 | +33.8% |
| Percent of Original List Price Received | 86.2% | 87.8% | +1.9% |
| Average Market Time | 200 | 136 | -32.1% |
| Inventory of Homes for Sale at Month End | 17 | 15 | -16.7% |
Top
Month of May 2012
| Short Sale House | 5-2011 | 5-2012 | +/- |
| New | 9 | 5 | -44.4% |
| Under Contract | 0 | 0 | 0% |
| Closed Sales | 0 | 0 | 0% |
| Median Sales Price | $0 | $0 | 0% |
| Average Sales Price | $0 | $0 | 0% |
| Percent of Original List Price Received | 0% | 0% | 0% |
| Average Market Time | 0 | 0 | 0% |
| Inventory of Homes for Sale at Month End | 9 | 5 | -44.4% |
Trailing 12 Mos.
| Short Sale House | 5-2011 | 5-2012 | +/- |
| New | 21 | 12 | -42.9% |
| Under Contract | 5 | 3 | -40% |
| Closed Sales | 3 | 3 | 0% |
| Median Sales Price | $119,000 | $180,000 | -51.3% |
| Average Sales Price | $147,333 | $141.000 | -4.3% |
| Percent of Original List Price Received | 61.4% | 102.9% | +67.5% |
| Average Market Time | 324 | 99 | -69.3% |
| Inventory of Homes for Sale at Month End | 12 | 8 | -33.6% |
Top
Month of May 2012
| Bank Owned House | 5-2011 | 5-2012 | +/- |
| New | 1 | 1 | 0% |
| Under Contract | 2 | 0 | -100% |
| Closed Sales | 0 | 1 | 0% |
| Median Sales Price | $0 | $99,900 | 0% |
| Average Sales Price | $0 | $99,900 | 0% |
| Percent of Original List Price Received | 0% | 73.5% | 0% |
| Average Market Time | 0 | 101 | 0% |
| Inventory of Homes for Sale at Month End | 2 | 2 | +50% |
Trailing 12 Mos.
| Bank Owned House | 5-2011 | 5-2012 | +/- |
| New | 12 | 13 | +8.3% |
| Under Contract | 9 | 10 | +11.1% |
| Closed Sales | 7 | 11 | +57.1% |
| Median Sales Price | $47,000 | $85,000 | +80.9% |
| Average Sales Price | $175,129 | $215,204 | +22.9% |
| Percent of Original List Price Received | 91.3% | 95.2% | +4.4% |
| Average Market Time | 182 | 129 | -28.8% |
| Inventory of Homes for Sale at Month End | 2 | 2 | +31.6% |
Change in Median Sales Price from Prior Year (6-Month Average)
Top
Loop
(Area 8032: Including Printer’s Row)
Search for condos in the Loop
| Condo | Traditional | Short Sale | Bank Owned | Change in Median Price |
| % Change All Properties | -29.9% | +13% | -47.5% |
| New Listings | Closed Sales | Inventory of Homes |
| Traditional Condo | 5-2011 | 5-2012 | +/- |
| New | 127 | 97 | -23.6% |
| Under Contract | 46 | 72 | +56.5% |
| Closed Sales | 55 | 61 | +10.9% |
| Median Sales Price | $335,000 | $363,000 | +8.4% |
| Average Sales Price | $431,322 | $532,209 | +23.4% |
| Percent of Original List Price Received | 93.7% | 95% | +1.4% |
| Average Market Time | 147 | 105 | -28.6% |
| Inventory of Homes for Sale at Month End | 512 | 308 | -39.8% |
Trailing 12 Mos.
| Traditional Condo | 5-2011 | 5-2012 | +/- |
| New | 589 | 370 | -37.1% |
| Under Contract | 464 | 522 | +12.5% |
| Closed Sales | 517 | 461 | -10.8% |
| Median Sales Price | $400,000 | $350,000 | -12.5% |
| Average Sales Price | $556,786 | $489,351 | -12.1% |
| Percent of Original List Price Received | 95.8% | 93.9% | -1.9% |
| Average Market Time | 126 | 140 | +11.4% |
| Inventory of Homes for Sale at Month End | 589 | 370 | -37.1% |
Top
Month of May 2012
| Short Sale Condo | 5-2011 | 5-2012 | +/- |
| New | 19 | 7 | -63.2% |
| Under Contract | 6 | 9 | +50% |
| Closed Sales | 11 | 10 | +9.1% |
| Median Sales Price | $185,000 | $115,000 | -37.8% |
| Average Sales Price | $218,455 | $131,240 | -39.9% |
| Percent of Original List Price Received | 73.2% | 78.9% | -7.8% |
| Average Market Time | 256 | 278 | -8.7% |
| Inventory of Homes for Sale at Month End | 103 | 23 | -77.7% |
Trailing 12 Mos.
| Short Sale Condo | 5-2011 | 5-2012 | +/- |
| New | 211 | 130 | -38.4% |
| Under Contract | 93 | 131 | +40.9% |
| Closed Sales | 76 | 101 | +32.9% |
| Median Sales Price | $196,429 | $170,000 | -13.5% |
| Average Sales Price | $225,198 | $190,835 | -15.3% |
| Percent of Original List Price Received | 85.7% | 84.3% | -1.7% |
| Average Market Time | 214 | 203 | -5.2% |
| Inventory of Homes for Sale at Month End | 110 | 68 | -38.5% |
Top
Month of May 2012
| Bank Owned Condo | 5-2011 | 5-2012 | +/- |
| New | 8 | 4 | -50% |
| Under Contract | 8 | 5 | -37.5% |
| Closed Sales | 3 | 7 | +133.3% |
| Median Sales Price | $176,000 | $175,000 | -0.6% |
| Average Sales Price | $158,500 | $183,832 | +16% |
| Percent of Original List Price Received | 92.5% | 99.3% | +7.3% |
| Average Market Time | 60 | 51 | -15% |
| Inventory of Homes for Sale at Month End | 25 | 7 | -72% |
Trailing 12 Mos.
| Bank Owned Condo | 5-2011 | 5-2012 | +/- |
| New | 86 | 90 | +4.7% |
| Under Contract | 54 | 84 | +55.6% |
| Closed Sales | 50 | 87 | +74% |
| Median Sales Price | $135,500 | $165,000 | +21.8% |
| Average Sales Price | $169,849 | $184,201 | +8.4% |
| Percent of Original List Price Received | 86.1% | 92.4% | +7.4% |
| Average Market Time | 182 | 129 | -29% |
| Inventory of Homes for Sale at Month End | 22 | 17 | -22.8% |
Change in Median Sales Price from Prior Year (6-Month Average)
Top
Near North Side
(Area 8008: Includes Gold Coast, Goose Island, Magnificent Mile, Old Town, and Streeterville)
Search for condos (including townhomes) and houses in the Near North Side
| Condo | Traditional | Short Sale | Bank Owned | Change in Median Price |
| House | Traditional | Short Sale | Bank Owned | Change in Median Price |
| % Change All Properties | -3.1% | +37.7% | -36.4% |
| New Listings | Closed Sales | Inventory of Homes |
| Traditional Condo | 5-2011 | 5-2012 | +/- |
| New | 353 | 368 | +4.2% |
| Under Contract | 162 | 232 | +43.2% |
| Closed Sales | 152 | 208 | +36.8% |
| Median Sales Price | $370,313 | $376,000 | +1.5% |
| Average Sales Price | $516,251 | $527,598 | +2.2% |
| Percent of Original List Price Received | 92.2% | 94.1% | +2% |
| Average Market Time | 165 | 150 | -9.3% |
| Inventory of Homes for Sale at Month End | 1,676 | 1,107 | -33.9% |
Trailing 12 Mos.
| Traditional Condo | 5-2011 | 5-2012 | +/- |
| New | 4,244 | 3,321 | -21.7% |
| Under Contract | 1,447 | 1,736 | +20% |
| Closed Sales | 1,511 | 1,615 | +6.9% |
| Median Sales Price | $400,000 | $360,000 | -10% |
| Average Sales Price | $620,981 | $543,179 | -12.5% |
| Percent of Original List Price Received | 93.1% | 92.4% | -0.7% |
| Average Market Time | 161 | 162 | +1% |
| Inventory of Homes for Sale at Month End | 1,930 | 1,306 | -32.3% |
Top
Month of May 2012
| Short Sale Condo | 5-2011 | 5-2012 | +/- |
| New | 38 | 23 | -39.5% |
| Under Contract | 19 | 17 | -10.5% |
| Closed Sales | 20 | 18 | -10% |
| Median Sales Price | $218,000 | $233,500 | +7.1% |
| Average Sales Price | $248,855 | $341,778 | +37.3% |
| Percent of Original List Price Received | 92.6% | 87.8% | -5.2% |
| Average Market Time | 212 | 207 | +2.4% |
| Inventory of Homes for Sale at Month End | 166 | 59 | -64.5% |
Trailing 12 Mos.
| Short Sale Condo | 5-2011 | 5-2012 | +/- |
| New | 407 | 303 | -25.6% |
| Under Contract | 211 | 239 | +13.3% |
| Closed Sales | 215 | 203 | -5.6% |
| Median Sales Price | $199,000 | $200,000 | +0.5% |
| Average Sales Price | $264,397 | $259,497 | -1.9% |
| Percent of Original List Price Received | 87.7% | 89.2% | +1.8% |
| Average Market Time | 199 | 194 | -2.9% |
| Inventory of Homes for Sale at Month End | 194 | 125 | -35.6% |
Top
Month of May 2012
| Bank Owned Condo | 5-2011 | 5-2012 | +/- |
| New | 13 | 21 | -38.1% |
| Under Contract | 16 | 20 | +25% |
| Closed Sales | 11 | 25 | +127.3 |
| Median Sales Price | $206,000 | $219,000 | +6.3% |
| Average Sales Price | $272,200 | $346,886 | +27.4% |
| Percent of Original List Price Received | 90.5% | 91.3% | +0.9% |
| Average Market Time | 126 | 106 | -15.8% |
| Inventory of Homes for Sale at Month End | 42 | 25 | -40.5% |
Trailing 12 Mos.
| Bank Owned Condo | 5-2011 | 5-2012 | +/- |
| New | 231 | 226 | -2.2% |
| Under Contract | 159 | 200 | +25.8% |
| Closed Sales | 154 | 195 | +26.6 |
| Median Sales Price | $177,083 | $195,000 | +10.1% |
| Average Sales Price | $257,279 | $251,884 | -2.1% |
| Percent of Original List Price Received | 93% | 92.8% | -0.2% |
| Average Market Time | 86 | 103 | +18.7% |
| Inventory of Homes for Sale at Month End | 46 | 41 | -10.9% |
Change in Median Sales Price from Prior Year (6-Month Average)
Top
Month of May 2012
| Traditional House | 5-2011 | 5-2012 | +/- |
| New | 11 | 6 | -45.5% |
| Under Contract | 3 | 1 | -66.7% |
| Closed Sales | 0 | 1 | 0% |
| Median Sales Price | $0 | $750,000 | 0% |
| Average Sales Price | $0 | $750,000 | 0% |
| Percent of Original List Price Received | 0% | 93.8% | 0% |
| Average Market Time | 0 | 179 | 0% |
| Inventory of Homes for Sale at Month End | 44 | 40 | -9.1% |
Trailing 12 Mos.
| Traditional House | 5-2011 | 5-2012 | +/- |
| New | 78 | 74 | -5.1% |
| Under Contract | 19 | 15 | -21.1% |
| Closed Sales | 15 | 18 | +20% |
| Median Sales Price | $2,250,000 | $1,650,000 | -26.7% |
| Average Sales Price | $2,786,208 | $2,435,889 | -12.6% |
| Percent of Original List Price Received | 81.2% | 90.5% | +11.4% |
| Average Market Time | 377 | 166 | -55.9% |
| Inventory of Homes for Sale at Month End | 43 | 34 | -21% |
Top
Month of May 2012
| Short Sale House | 5-2011 | 5-2012 | +/- |
| New | 0 | 0 | 0% |
| Under Contract | 0 | 2 | 0% |
| Closed Sales | 0 | 0 | 0% |
| Median Sales Price | $0 | $0 | 0% |
| Average Sales Price | $0 | $0 | 0% |
| Percent of Original List Price Received | 0% | 0% | 0% |
| Average Market Time | 0 | 0 | 0% |
| Inventory of Homes for Sale at Month End | 4 | 1 | -75% |
Trailing 12 Mos.
| Short Sale House | 5-2011 | 5-2012 | +/- |
| New | 5 | 6 | +20% |
| Under Contract | 1 | 3 | +200% |
| Closed Sales | 0 | 1 | 0% |
| Median Sales Price | $0 | $775,000 | 0% |
| Average Sales Price | $0 | $775,000 | 0% |
| Percent of Original List Price Received | 0% | 88.6% | 0% |
| Average Market Time | 0 | 79 | 0% |
| Inventory of Homes for Sale at Month End | 4 | 3 | -22% |
Top
Month of May 2012
| Bank Owned House | 5-2011 | 5-2012 | +/- |
| New | 1 | 1 | 0% |
| Under Contract | 0 | 0 | 0% |
| Closed Sales | 0 | 0 | 0% |
| Median Sales Price | $0 | $0 | 0% |
| Average Sales Price | $0 | $0 | 0% |
| Percent of Original List Price Received | 0% | 0% | 0% |
| Average Market Time | 0 | 0 | 0% |
| Inventory of Homes for Sale at Month End | 3 | 2 | -33.3% |
Trailing 12 Mos.
| Bank Owned House | 5-2011 | 5-2012 | +/- |
| New | 7 | 4 | -42.9% |
| Under Contract | 3 | 3 | 0% |
| Closed Sales | 3 | 2 | -33.3% |
| Median Sales Price | $1,575,000 | $545,000 | -65.4% |
| Average Sales Price | $1,293,333 | $545,000 | -57.9% |
| Percent of Original List Price Received | 82% | 87.6% | +6.8% |
| Average Market Time | 165 | 366 | +122% |
| Inventory of Homes for Sale at Month End | 4 | 3 | -23.8% |
Change in Median Sales Price from Prior Year (6-Month Average)
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Related articles
- Single Family Attached Real Estate Trends for the Month of February, 2012 (terribuseman.wordpress.com)
- Single Family & Attached Real Estate Trends for the Month of March, 2012 (terribuseman.wordpress.com)
- Single Family Attached Real Estate Trends for the Month of April, 2012 (terribuseman.wordpress.com)



![By Joe M500 from WEST LOOP CHICAGO (Looking Down at Our Place) [CC-BY-2.0 (www.creativecommons.org/licenses/by/2.0)], via Wikimedia Commons West Loop Medical Center Pilsen University Village Chicago Real Estate Market Trends](http://upload.wikimedia.org/wikipedia/commons/c/c8/TETRIS_Chicago_Skyline.jpg)





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