humboldt park real estate market report april 2014

Upload: shay-hata

Post on 15-Oct-2015

7 views

Category:

Documents


0 download

DESCRIPTION

Humboldt Park Real Estate Market Report April 2014

TRANSCRIPT

  • 5/25/2018 Humboldt Park Real Estate Market Report April 2014

    1/

    4-2013 4-2014 + / 4-2013 4-2014 + /

    New Listings 19 32 + 68.4% 81 80 - 1.2

    Closed Sales 15 8 - 46.7% 54 40 - 25.

    Median Sales Price* $87,000 $117,500 + 35.1% $61,750 $65,750 + 6.5

    Percent of Original List Price Received* 91.3% 101.6% + 11.3% 87.7% 103.2% + 17.

    Market Time 120 38 - 68.8% 109 78 - 28.

    Inventory of Homes for Sale 81 54 - 33.3% -- -- --

    4-2013 4-2014 + / 4-2013 4-2014 + /

    New Listings 13 6 - 53.8% 21 30 + 42.

    Closed Sales 3 6 + 100.0% 7 12 + 71.

    Median Sales Price* $55,500 $56,250 + 1.4% $67,100 $53,000 - 21.

    Percent of Original List Price Received* 118.3% 90.3% - 23.7% 104.1% 93.6% - 10.

    Detached Single-FamilyApril Year to Date

    Attached Single-FamilyApril Year to Date

    Local Market Update April 2014A Research Tool Provided by the Chicago Association of REALTORS

    RESIDENTIAL ACTIVITY ONLY | Data current as of May 14, 2014

    Humboldt Park+ 18.8% - 22.2% - 28.3%

    Change in

    New Listings

    All Properties

    Change in

    Closed Sales

    All Properties

    Change in

    Inventory of Hom

    All Properties

    Market Time 52 138 + 162.7% 179 169 - 5.2

    Inventory of Homes for Sale 18 17 - 5.6% -- -- --* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small samp

    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 monthi i i i l i i | ll i l

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

    All All

    Humboldt Park Humboldt Park

    - 80%

    - 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

    - 500%

    0%

    + 500%

    + 1000%

    + 1500%

    + 2000%

    + 2500%

    + 3000%

    + 3500%

    1-2009 1-2010 1-2011 1-2012 1-2013 1-201

    Attached Single-Family

    i i i i l i i . | , . ll i l .

  • 5/25/2018 Humboldt Park Real Estate Market Report April 2014

    2/