Jan -city_market_report_hi_resolution

Chicago Neighborhood Market ReportUpdated February 14th, 2012

Insight, trends and outlook on your local real estate market.

Local Market Update – December 2011

*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 areproportioned according to their share of sales during that period.  |  All data from Midwest Real Estate Data LLC. Powered by 10K Research and Marketing.

 A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC

 RESIDENTIAL ACTIVITY ONLY  |  Data current as of January 17, 2012

Area Name Page Sub-Neighborhoods

Rogers Park 2 Loyola Rogers Park

Edgewater 3 Andersonville Edgewater Edgewater Glen Lakewood/Balmoral

Uptown 4 Clarendon Park Buena Park Sheridan Park Uptown

Lincoln Square 5 Lincoln Square Bowmanville Ravenswood Ravenswood Gardens

North Center 6 Northcenter Roscoe Village Saint Ben’s

Lakeview 7 Lake View East North Halsted West Lakeview Wrigleyville

Lincoln Park 8 DePaul Old Town Triangle Park West Lincoln Park Ranch Triangle Sheffield Neighbors Wrightwood Neighbors

Near North Side 9 Old Town Gold Coast Near North Side Magnificent Mile River North Streeterville

Logan Square 10 Logan Square Bucktown Palmer Square

Area Name Page Sub-Neighborhoods

West Town 11 Ukrainian Village Wicker Park River West Logan Square Noble Square

Loop 12 The Loop New Eastside Printer’s Row South Loop

Albany Park 13 Albany Park Mayfair North Mayfair Ravenswood Manor

Irving Park 14 Irving Park Kilbourn Park Old Irving Park The Villa

Avondale 15 Avondale Jackowo Waclawowo

Near West Side 16 Columbus Circle Greektown Little Italy Medical Center Near West Side Fulton River District University Village Tri-Taylor

Near South Side 17 Dearborn Park Near South Side Museum Park Prarie Ave. Historic District

Kenwood 18 Kenwood

Hyde Park 19 Hyde Park

Chicago Area and Neighborhood List

2

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

12-2010 12-2011 + / ñ 12-2010 12-2011 + / ñ

New Listings 3 3 0.0% 63 56 - 11.1%

Under Contract (includes Contingent and Pending) 1 1 0.0% 21 32 + 52.4%

Closed Sales 0 2 -- 19 31 + 63.2%

Median Sales Price* $0 $243,475 -- $302,500 $236,700 - 21.8%

Average Sales Price* $0 $243,475 -- $354,505 $270,169 - 23.8%

Percent of Original List Price Received* 0.0% 65.9% -- 87.5% 87.1% - 0.5%

Average Market Time 0 257 -- 177 141 - 20.3%

Inventory of Homes for Sale at Month End 20 11 - 45.0% -- -- --

12-2010 12-2011 + / ñ 12-2010 12-2011 + / ñ

New Listings 53 40 - 24.5% 1,204 787 - 34.6%

Under Contract (includes Contingent and Pending) 31 35 + 12.9% 359 375 + 4.5%

Closed Sales 30 34 + 13.3% 351 336 - 4.3%

Median Sales Price* $60 500 $43 500 - 28 1% $120 250 $62 100 - 48 4%

- 23.2% + 20.0% - 29.8%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

December Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyDecember Trailing 12 Mos.

Median Sales Price $60,500 $43,500 - 28.1% $120,250 $62,100 - 48.4%

Average Sales Price* $101,958 $65,652 - 35.6% $134,033 $89,837 - 33.0%

Percent of Original List Price Received* 87.5% 84.5% - 3.4% 90.2% 86.9% - 3.6%

Average Market Time 134 156 + 16.2% 153 156 + 1.6%

Inventory of Homes for Sale 390 277 - 29.0% -- -- --* 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)**

8001 - CHI - Rogers Park

All MLSAll MLS

8001 - CHI - Rogers Park

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

1-2009 1-2010 1-2011

DetachedSingle-Familyb

a

- 60%

- 50%

- 40%

- 30%

- 20%

- 10%

0%

1-2009 1-2010 1-2011

Attached Single-Familyb

a

Rogers Park

3

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 8 6 - 25.0% 114 107 - 6.1%

Under Contract (includes Contingent and Pending) 1 0 - 100.0% 47 63 + 34.0%

Closed Sales 3 2 - 33.3% 49 65 + 32.7%

Median Sales Price* $757,500 $202,500 - 73.3% $533,000 $499,500 - 6.3%

Average Sales Price* $672,167 $202,500 - 69.9% $563,318 $522,569 - 7.2%

Percent of Original List Price Received* 91.8% 81.4% - 11.4% 92.6% 90.8% - 2.0%

Average Market Time 85 132 + 54.7% 135 156 + 15.3%

Inventory of Homes for Sale at Month End 34 19 - 44.1% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 104 87 - 16.3% 1,460 1,086 - 25.6%

Under Contract (includes Contingent and Pending) 25 48 + 92.0% 438 466 + 6.4%

Closed Sales 16 30 + 87.5% 455 409 - 10.1%

Median Sales Price* $86 000 $101 000 + 17 4% $199 900 $140 000 - 30 0%

- 17.0% + 68.4% - 23.9%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $86,000 $101,000 + 17.4% $199,900 $140,000 - 30.0%

Average Sales Price* $122,747 $109,433 - 10.8% $196,746 $164,186 - 16.5%

Percent of Original List Price Received* 83.3% 84.1% + 0.9% 89.8% 86.8% - 3.3%

Average Market Time 176 143 - 18.6% 166 159 - 4.0%

Inventory of Homes for Sale 472 366 - 22.5% -- -- --* 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)**

8077 - CHI - Edgewater

All MLSAll MLS

8077 - CHI - Edgewater

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

Edgewater

4

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 3 3 0.0% 59 59 0.0%

Under Contract (includes Contingent and Pending) 1 2 + 100.0% 19 24 + 26.3%

Closed Sales 0 4 -- 19 20 + 5.3%

Median Sales Price* $0 $541,250 -- $540,000 $660,000 + 22.2%

Average Sales Price* $0 $491,875 -- $669,200 $707,350 + 5.7%

Percent of Original List Price Received* 0.0% 87.4% -- 86.6% 87.3% + 0.8%

Average Market Time 0 247 -- 151 223 + 47.2%

Inventory of Homes for Sale at Month End 21 15 - 28.6% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 123 98 - 20.3% 1,618 1,237 - 23.5%

Under Contract (includes Contingent and Pending) 34 44 + 29.4% 426 471 + 10.6%

Closed Sales 23 20 - 13.0% 430 415 - 3.5%

Median Sales Price* $125 000 $144 250 + 15 4% $229 000 $175 000 - 23 6%

- 19.8% + 4.3% - 39.0%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $125,000 $144,250 + 15.4% $229,000 $175,000 - 23.6%

Average Sales Price* $153,259 $170,168 + 11.0% $229,188 $184,743 - 19.4%

Percent of Original List Price Received* 84.7% 83.3% - 1.6% 90.3% 86.6% - 4.0%

Average Market Time 199 157 - 20.8% 150 168 + 12.2%

Inventory of Homes for Sale 502 304 - 39.4% -- -- --* 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)**

8003 - CHI - Uptown

All MLSAll MLS

8003 - CHI - Uptown

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 40%

- 35%

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 40%

- 35%

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

Uptown

5

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 16 7 - 56.3% 167 178 + 6.6%

Under Contract (includes Contingent and Pending) 3 9 + 200.0% 71 90 + 26.8%

Closed Sales 6 5 - 16.7% 70 81 + 15.7%

Median Sales Price* $523,750 $317,000 - 39.5% $509,500 $462,500 - 9.2%

Average Sales Price* $563,250 $331,100 - 41.2% $573,828 $530,953 - 7.5%

Percent of Original List Price Received* 92.3% 99.0% + 7.2% 90.5% 90.8% + 0.3%

Average Market Time 119 232 + 95.7% 125 132 + 5.8%

Inventory of Homes for Sale at Month End 44 37 - 15.9% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 46 31 - 32.6% 767 563 - 26.6%

Under Contract (includes Contingent and Pending) 22 26 + 18.2% 281 268 - 4.6%

Closed Sales 13 10 - 23.1% 283 251 - 11.3%

Median Sales Price* $110 000 $110 000 0 0% $224 000 $200 000 - 10 7%

- 38.7% - 21.1% - 39.3%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $110,000 $110,000 0.0% $224,000 $200,000 - 10.7%

Average Sales Price* $155,131 $136,440 - 12.0% $218,416 $193,543 - 11.4%

Percent of Original List Price Received* 92.9% 81.9% - 11.8% 92.7% 92.7% - 0.0%

Average Market Time 73 196 + 166.1% 126 154 + 22.2%

Inventory of Homes for Sale 195 108 - 44.6% -- -- --* 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)**

8004 - CHI - Lincoln Square

All MLSAll MLS

8004 - CHI - Lincoln Square

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

Lincoln Square

6

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 34 28 - 17.6% 365 365 0.0%

Under Contract (includes Contingent and Pending) 11 6 - 45.5% 155 180 + 16.1%

Closed Sales 8 14 + 75.0% 144 183 + 27.1%

Median Sales Price* $883,750 $745,000 - 15.7% $744,000 $802,500 + 7.9%

Average Sales Price* $864,411 $700,429 - 19.0% $763,195 $810,567 + 6.2%

Percent of Original List Price Received* 86.4% 87.6% + 1.4% 90.9% 92.3% + 1.6%

Average Market Time 205 130 - 36.3% 139 109 - 21.7%

Inventory of Homes for Sale at Month End 82 57 - 30.5% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 66 30 - 54.5% 691 504 - 27.1%

Under Contract (includes Contingent and Pending) 17 11 - 35.3% 285 222 - 22.1%

Closed Sales 11 8 - 27.3% 301 224 - 25.6%

Median Sales Price* $327 500 $390 400 + 19 2% $370 000 $367 969 - 0 5%

- 42.0% + 15.8% - 34.7%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $327,500 $390,400 + 19.2% $370,000 $367,969 - 0.5%

Average Sales Price* $346,604 $362,250 + 4.5% $374,511 $353,381 - 5.6%

Percent of Original List Price Received* 96.5% 93.2% - 3.5% 95.8% 94.5% - 1.3%

Average Market Time 110 187 + 69.5% 136 161 + 18.3%

Inventory of Homes for Sale 189 120 - 36.5% -- -- --* 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)**

8005 - CHI - North Center

All MLSAll MLS

8005 - CHI - North Center

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

North Center

7

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 30 26 - 13.3% 327 342 + 4.6%

Under Contract (includes Contingent and Pending) 8 7 - 12.5% 108 123 + 13.9%

Closed Sales 4 6 + 50.0% 107 124 + 15.9%

Median Sales Price* $1,195,000 $1,218,750 + 2.0% $1,000,000 $1,002,500 + 0.2%

Average Sales Price* $1,320,781 $1,109,950 - 16.0% $1,082,131 $1,114,144 + 3.0%

Percent of Original List Price Received* 97.7% 89.7% - 8.2% 89.8% 90.7% + 1.1%

Average Market Time 24 90 + 273.3% 151 157 + 4.4%

Inventory of Homes for Sale at Month End 81 71 - 12.3% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 272 220 - 19.1% 3,497 2,814 - 19.5%

Under Contract (includes Contingent and Pending) 65 92 + 41.5% 1,168 1,165 - 0.3%

Closed Sales 48 59 + 22.9% 1,180 1,100 - 6.8%

Median Sales Price* $351 750 $300 000 - 14 7% $332 975 $321 375 - 3 5%

- 18.5% + 25.0% - 29.8%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $351,750 $300,000 - 14.7% $332,975 $321,375 - 3.5%

Average Sales Price* $361,536 $306,245 - 15.3% $346,966 $335,579 - 3.3%

Percent of Original List Price Received* 90.2% 89.3% - 0.9% 92.0% 90.2% - 1.9%

Average Market Time 198 190 - 3.9% 140 156 + 11.1%

Inventory of Homes for Sale 968 665 - 31.3% -- -- --* 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)**

8006 - CHI - Lake View

All MLSAll MLS

8006 - CHI - Lake View

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

LakeView

8

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 35 42 + 20.0% 474 434 - 8.4%

Under Contract (includes Contingent and Pending) 6 13 + 116.7% 143 156 + 9.1%

Closed Sales 5 8 + 60.0% 145 147 + 1.4%

Median Sales Price* $1,325,000 $1,390,625 + 5.0% $1,300,000 $1,280,000 - 1.5%

Average Sales Price* $1,719,900 $1,294,444 - 24.7% $1,630,174 $1,502,148 - 7.9%

Percent of Original List Price Received* 83.5% 92.2% + 10.3% 90.5% 89.3% - 1.4%

Average Market Time 312 121 - 61.1% 151 176 + 17.1%

Inventory of Homes for Sale at Month End 143 128 - 10.5% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 145 140 - 3.4% 2,152 1,916 - 11.0%

Under Contract (includes Contingent and Pending) 45 61 + 35.6% 720 739 + 2.6%

Closed Sales 34 42 + 23.5% 731 688 - 5.9%

Median Sales Price* $328 500 $400 000 + 21 8% $390 000 $385 000 - 1 3%

+ 1.1% + 28.2% - 19.5%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $328,500 $400,000 + 21.8% $390,000 $385,000 - 1.3%

Average Sales Price* $388,003 $411,512 + 6.1% $420,706 $415,652 - 1.2%

Percent of Original List Price Received* 90.7% 91.0% + 0.3% 91.7% 91.5% - 0.2%

Average Market Time 174 142 - 18.1% 142 155 + 9.2%

Inventory of Homes for Sale 540 422 - 21.9% -- -- --* 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)**

8007 - CHI - Lincoln Park

All MLSAll MLS

8007 - CHI - Lincoln Park

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

Lincoln Park

9

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 5 7 + 40.0% 77 95 + 23.4%

Under Contract (includes Contingent and Pending) 2 2 0.0% 21 22 + 4.8%

Closed Sales 4 1 - 75.0% 18 20 + 11.1%

Median Sales Price* $1,875,000 $4,725,000 + 152.0% $2,055,000 $1,600,000 - 22.1%

Average Sales Price* $2,007,500 $4,725,000 + 135.4% $2,496,174 $2,259,825 - 9.5%

Percent of Original List Price Received* 77.7% 96.4% + 24.2% 84.2% 87.6% + 4.1%

Average Market Time 247 538 + 117.8% 309 220 - 28.8%

Inventory of Homes for Sale at Month End 41 36 - 12.2% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 432 299 - 30.8% 5,441 4,120 - 24.3%

Under Contract (includes Contingent and Pending) 134 170 + 26.9% 1,876 1,979 + 5.5%

Closed Sales 102 113 + 10.8% 1,925 1,875 - 2.6%

Median Sales Price* $358 450 $305 000 - 14 9% $351 500 $320 000 - 9 0%

- 30.0% + 7.5% - 34.6%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $358,450 $305,000 - 14.9% $351,500 $320,000 - 9.0%

Average Sales Price* $529,192 $434,579 - 17.9% $550,868 $503,225 - 8.6%

Percent of Original List Price Received* 90.0% 90.4% + 0.4% 93.4% 91.5% - 1.9%

Average Market Time 179 137 - 23.2% 149 166 + 11.9%

Inventory of Homes for Sale 1,924 1,250 - 35.0% -- -- --* 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)**

8008 - CHI - Near North Side

All MLSAll MLS

8008 - CHI - Near North Side

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

Near North Side

10

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 27 20 - 25.9% 406 349 - 14.0%

Under Contract (includes Contingent and Pending) 7 16 + 128.6% 165 184 + 11.5%

Closed Sales 15 7 - 53.3% 161 180 + 11.8%

Median Sales Price* $522,500 $360,000 - 31.1% $425,000 $405,375 - 4.6%

Average Sales Price* $588,866 $426,288 - 27.6% $473,343 $469,071 - 0.9%

Percent of Original List Price Received* 87.7% 101.7% + 16.0% 91.5% 91.7% + 0.3%

Average Market Time 164 50 - 69.5% 152 130 - 14.6%

Inventory of Homes for Sale at Month End 113 85 - 24.8% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 78 43 - 44.9% 989 711 - 28.1%

Under Contract (includes Contingent and Pending) 17 26 + 52.9% 252 273 + 8.3%

Closed Sales 15 12 - 20.0% 269 248 - 7.8%

Median Sales Price* $272 500 $182 000 - 33 2% $264 000 $245 000 - 7 2%

- 40.0% - 36.7% - 34.0%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $272,500 $182,000 - 33.2% $264,000 $245,000 - 7.2%

Average Sales Price* $259,787 $179,809 - 30.8% $269,034 $232,352 - 13.6%

Percent of Original List Price Received* 88.7% 90.0% + 1.4% 91.6% 90.7% - 1.0%

Average Market Time 178 163 - 8.8% 142 155 + 8.8%

Inventory of Homes for Sale 272 169 - 37.9% -- -- --* 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)**

8022 - CHI - Logan Square

All MLSAll MLS

8022 - CHI - Logan Square

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

Logan Square

11

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 36 34 - 5.6% 417 400 - 4.1%

Under Contract (includes Contingent and Pending) 11 19 + 72.7% 137 167 + 21.9%

Closed Sales 5 5 0.0% 127 155 + 22.0%

Median Sales Price* $635,000 $440,200 - 30.7% $615,000 $606,000 - 1.5%

Average Sales Price* $685,900 $529,440 - 22.8% $621,559 $613,808 - 1.2%

Percent of Original List Price Received* 92.2% 90.2% - 2.2% 90.8% 92.1% + 1.4%

Average Market Time 338 134 - 60.5% 165 144 - 12.6%

Inventory of Homes for Sale at Month End 122 103 - 15.6% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 228 143 - 37.3% 2,616 1,870 - 28.5%

Under Contract (includes Contingent and Pending) 50 72 + 44.0% 768 772 + 0.5%

Closed Sales 34 47 + 38.2% 767 717 - 6.5%

Median Sales Price* $335 000 $305 000 - 9 0% $342 000 $319 000 - 6 7%

- 33.0% + 33.3% - 37.3%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $335,000 $305,000 - 9.0% $342,000 $319,000 - 6.7%

Average Sales Price* $324,159 $310,772 - 4.1% $352,479 $334,177 - 5.2%

Percent of Original List Price Received* 90.9% 86.9% - 4.3% 92.7% 90.9% - 2.0%

Average Market Time 133 215 + 61.4% 131 164 + 25.1%

Inventory of Homes for Sale 652 382 - 41.4% -- -- --* 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)**

8024 - CHI - West Town

All MLSAll MLS

8024 - CHI - West Town

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

West Town

12

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 1 0 - 100.0% 2 0 - 100.0%

Under Contract (includes Contingent and Pending) 0 0 -- 0 0 --

Closed Sales 0 0 -- 0 0 --

Median Sales Price* $0 $0 -- $0 $0 --

Average Sales Price* $0 $0 -- $0 $0 --

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

Average Market Time 0 0 -- 0 0 --

Inventory of Homes for Sale at Month End 0 0 -- -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 125 96 - 23.2% 1,724 1,386 - 19.6%

Under Contract (includes Contingent and Pending) 45 53 + 17.8% 676 638 - 5.6%

Closed Sales 25 35 + 40.0% 751 601 - 20.0%

Median Sales Price* $335 000 $247 500 - 26 1% $377 500 $295 000 - 21 9%

- 23.8% + 40.0% - 33.5%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $335,000 $247,500 - 26.1% $377,500 $295,000 - 21.9%

Average Sales Price* $514,976 $371,533 - 27.9% $542,238 $381,068 - 29.7%

Percent of Original List Price Received* 90.9% 91.0% + 0.2% 96.6% 91.8% - 5.0%

Average Market Time 192 143 - 25.4% 118 154 + 30.8%

Inventory of Homes for Sale 565 376 - 33.5% -- -- --* 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)**

8032 - CHI - Loop

All MLSAll MLS

8032 - CHI - Loop

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

Loop

13

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 18 13 - 27.8% 186 191 + 2.7%

Under Contract (includes Contingent and Pending) 4 11 + 175.0% 89 101 + 13.5%

Closed Sales 7 5 - 28.6% 88 85 - 3.4%

Median Sales Price* $235,000 $165,000 - 29.8% $251,250 $220,000 - 12.4%

Average Sales Price* $374,414 $185,600 - 50.4% $291,955 $250,006 - 14.4%

Percent of Original List Price Received* 96.8% 80.3% - 17.1% 93.1% 90.5% - 2.8%

Average Market Time 69 143 + 108.8% 121 138 + 13.5%

Inventory of Homes for Sale at Month End 63 56 - 11.1% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 34 36 + 5.9% 493 354 - 28.2%

Under Contract (includes Contingent and Pending) 9 17 + 88.9% 138 166 + 20.3%

Closed Sales 11 13 + 18.2% 149 138 - 7.4%

Median Sales Price* $60 600 $61 000 + 0 7% $137 500 $64 950 - 52 8%

- 5.8% 0.0% - 29.4%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $60,600 $61,000 + 0.7% $137,500 $64,950 - 52.8%

Average Sales Price* $75,464 $60,665 - 19.6% $138,448 $93,387 - 32.5%

Percent of Original List Price Received* 96.1% 92.6% - 3.6% 89.9% 88.5% - 1.6%

Average Market Time 197 115 - 41.8% 139 149 + 6.6%

Inventory of Homes for Sale 151 95 - 37.1% -- -- --* 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)**

8014 - CHI - Albany Park

All MLSAll MLS

8014 - CHI - Albany Park

- 35%

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 70%

- 60%

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 35%

- 30%

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 70%

- 60%

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

Albany Park

14

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 37 32 - 13.5% 417 388 - 7.0%

Under Contract (includes Contingent and Pending) 15 15 0.0% 180 177 - 1.7%

Closed Sales 9 11 + 22.2% 170 176 + 3.5%

Median Sales Price* $325,000 $255,000 - 21.5% $261,000 $261,000 0.0%

Average Sales Price* $284,222 $264,182 - 7.1% $298,421 $306,001 + 2.5%

Percent of Original List Price Received* 86.3% 87.2% + 1.1% 89.1% 89.9% + 0.9%

Average Market Time 158 176 + 11.7% 134 153 + 14.2%

Inventory of Homes for Sale at Month End 109 94 - 13.8% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 48 23 - 52.1% 558 352 - 36.9%

Under Contract (includes Contingent and Pending) 16 15 - 6.3% 130 150 + 15.4%

Closed Sales 7 8 + 14.3% 130 133 + 2.3%

Median Sales Price* $55 500 $87 500 + 57 7% $174 000 $114 900 - 34 0%

- 35.3% + 18.8% - 34.2%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $55,500 $87,500 + 57.7% $174,000 $114,900 - 34.0%

Average Sales Price* $119,543 $114,925 - 3.9% $178,452 $134,179 - 24.8%

Percent of Original List Price Received* 90.7% 72.8% - 19.7% 88.7% 83.7% - 5.6%

Average Market Time 188 183 - 2.5% 154 198 + 29.3%

Inventory of Homes for Sale 210 116 - 44.8% -- -- --* 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)**

8016 - CHI - Irving Park

All MLSAll MLS

8016 - CHI - Irving Park

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

Irving Park

15

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 15 13 - 13.3% 176 156 - 11.4%

Under Contract (includes Contingent and Pending) 7 11 + 57.1% 65 92 + 41.5%

Closed Sales 7 3 - 57.1% 67 80 + 19.4%

Median Sales Price* $120,000 $112,000 - 6.7% $170,000 $207,500 + 22.1%

Average Sales Price* $129,964 $153,000 + 17.7% $211,636 $225,880 + 6.7%

Percent of Original List Price Received* 98.0% 116.4% + 18.8% 92.4% 90.3% - 2.3%

Average Market Time 101 20 - 80.2% 138 108 - 21.9%

Inventory of Homes for Sale at Month End 52 33 - 36.5% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 26 27 + 3.8% 356 290 - 18.5%

Under Contract (includes Contingent and Pending) 7 14 + 100.0% 92 113 + 22.8%

Closed Sales 6 6 0.0% 91 95 + 4.4%

Median Sales Price* $150 000 $73 500 - 51 0% $192 000 $150 000 - 21 9%

- 2.4% - 30.8% - 36.8%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $150,000 $73,500 - 51.0% $192,000 $150,000 - 21.9%

Average Sales Price* $146,417 $84,444 - 42.3% $195,421 $149,467 - 23.5%

Percent of Original List Price Received* 95.5% 85.4% - 10.6% 91.6% 84.1% - 8.2%

Average Market Time 171 204 + 19.5% 151 188 + 24.2%

Inventory of Homes for Sale 133 84 - 36.8% -- -- --* 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)**

8021 - CHI - Avondale

All MLSAll MLS

8021 - CHI - Avondale

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 50%

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

Avondale

16

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 6 4 - 33.3% 81 62 - 23.5%

Under Contract (includes Contingent and Pending) 1 3 + 200.0% 28 23 - 17.9%

Closed Sales 3 4 + 33.3% 30 22 - 26.7%

Median Sales Price* $47,000 $442,500 + 841.5% $260,000 $193,000 - 25.8%

Average Sales Price* $65,667 $456,875 + 595.7% $420,131 $347,823 - 17.2%

Percent of Original List Price Received* 78.2% 108.4% + 38.7% 86.3% 90.0% + 4.3%

Average Market Time 100 56 - 44.5% 217 133 - 38.8%

Inventory of Homes for Sale at Month End 27 21 - 22.2% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 178 135 - 24.2% 2,140 1,725 - 19.4%

Under Contract (includes Contingent and Pending) 30 83 + 176.7% 636 862 + 35.5%

Closed Sales 33 53 + 60.6% 677 721 + 6.5%

Median Sales Price* $250 000 $240 000 - 4 0% $285 000 $255 450 - 10 4%

- 24.5% + 58.3% - 42.6%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $250,000 $240,000 - 4.0% $285,000 $255,450 - 10.4%

Average Sales Price* $292,574 $265,889 - 9.1% $305,076 $277,983 - 8.9%

Percent of Original List Price Received* 87.5% 91.5% + 4.6% 93.6% 92.4% - 1.3%

Average Market Time 163 178 + 9.1% 146 150 + 2.7%

Inventory of Homes for Sale 693 392 - 43.4% -- -- --* 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)**

8028 - CHI - Near West Side

All MLSAll MLS

8028 - CHI - Near West Side

- 100%

- 50%

0%

+ 50%

+ 100%

+ 150%

+ 200%

+ 250%

+ 300%

+ 350%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 100%

- 50%

0%

+ 50%

+ 100%

+ 150%

+ 200%

+ 250%

+ 300%

+ 350%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

Near West Side

17

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 3 1 - 66.7% 17 20 + 17.6%

Under Contract (includes Contingent and Pending) 1 0 - 100.0% 7 4 - 42.9%

Closed Sales 1 0 - 100.0% 7 4 - 42.9%

Median Sales Price* $710,000 $0 - 100.0% $770,000 $1,172,500 + 52.3%

Average Sales Price* $710,000 $0 - 100.0% $798,000 $1,183,125 + 48.3%

Percent of Original List Price Received* 74.7% 0.0% - 100.0% 88.5% 92.0% + 4.0%

Average Market Time 177 0 - 100.0% 103 139 + 34.7%

Inventory of Homes for Sale at Month End 2 4 + 100.0% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 125 69 - 44.8% 1,391 1,003 - 27.9%

Under Contract (includes Contingent and Pending) 41 65 + 58.5% 488 490 + 0.4%

Closed Sales 24 31 + 29.2% 550 413 - 24.9%

Median Sales Price* $259 789 $249 375 - 4 0% $317 760 $275 000 - 13 5%

- 45.3% + 24.0% - 33.1%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $259,789 $249,375 - 4.0% $317,760 $275,000 - 13.5%

Average Sales Price* $273,084 $304,468 + 11.5% $387,515 $319,000 - 17.7%

Percent of Original List Price Received* 89.1% 91.1% + 2.2% 96.3% 91.7% - 4.8%

Average Market Time 168 150 - 10.3% 164 182 + 11.0%

Inventory of Homes for Sale 966 644 - 33.3% -- -- --* 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)**

8033 - CHI - Near South Side

All MLSAll MLS

8033 - CHI - Near South Side

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

Near South Side

18

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 5 3 - 40.0% 83 60 - 27.7%

Under Contract (includes Contingent and Pending) 2 1 - 50.0% 34 22 - 35.3%

Closed Sales 1 2 + 100.0% 37 20 - 45.9%

Median Sales Price* $1,150,000 $200,250 - 82.6% $452,000 $440,000 - 2.7%

Average Sales Price* $1,150,000 $200,250 - 82.6% $687,566 $595,938 - 13.3%

Percent of Original List Price Received* 79.3% 87.8% + 10.7% 84.3% 83.5% - 0.9%

Average Market Time 95 66 - 31.1% 221 281 + 27.3%

Inventory of Homes for Sale at Month End 32 20 - 37.5% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 26 17 - 34.6% 305 245 - 19.7%

Under Contract (includes Contingent and Pending) 5 8 + 60.0% 81 92 + 13.6%

Closed Sales 0 8 -- 78 89 + 14.1%

Median Sales Price* $0 $100 000 -- $144 950 $129 950 - 10 3%

- 35.5% + 900.0% - 25.6%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $0 $100,000 -- $144,950 $129,950 - 10.3%

Average Sales Price* $0 $82,486 -- $169,593 $154,161 - 9.1%

Percent of Original List Price Received* 0.0% 103.0% -- 84.5% 85.8% + 1.6%

Average Market Time 0 96 -- 200 154 - 22.9%

Inventory of Homes for Sale 140 108 - 22.9% -- -- --* 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)**

8039 - CHI - Kenwood

All MLSAll MLS

8039 - CHI - Kenwood

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

+ 160%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

+ 160%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

Kenwood

19

Local Market Update -- January 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.

A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2012

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 4 4 0.0% 51 49 - 3.9%

Under Contract (includes Contingent and Pending) 2 0 - 100.0% 18 19 + 5.6%

Closed Sales 0 2 -- 16 21 + 31.3%

Median Sales Price* $0 $334,500 -- $825,000 $550,000 - 33.3%

Average Sales Price* $0 $334,500 -- $776,594 $694,274 - 10.6%

Percent of Original List Price Received* 0.0% 79.2% -- 81.1% 85.5% + 5.4%

Average Market Time 0 286 -- 218 167 - 23.3%

Inventory of Homes for Sale at Month End 20 20 0.0% -- -- --

1-2011 1-2012 + / ñ 1-2011 1-2012 + / ñ

New Listings 25 16 - 36.0% 434 387 - 10.8%

Under Contract (includes Contingent and Pending) 8 8 0.0% 129 153 + 18.6%

Closed Sales 5 5 0.0% 127 146 + 15.0%

Median Sales Price* $175 000 $65 000 - 62 9% $172 000 $158 803 - 7 7%

- 31.0% + 40.0% - 22.4%Change in

New ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

January Trailing 12 Mos.Detached Single-Family

Attached Single-FamilyJanuary Trailing 12 Mos.

Median Sales Price $175,000 $65,000 - 62.9% $172,000 $158,803 - 7.7%

Average Sales Price* $191,780 $124,850 - 34.9% $217,175 $197,223 - 9.2%

Percent of Original List Price Received* 88.0% 78.6% - 10.7% 85.5% 84.5% - 1.1%

Average Market Time 251 220 - 12.2% 172 200 + 16.3%

Inventory of Homes for Sale 199 150 - 24.6% -- -- --* 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)**

8041 - CHI - Hyde Park

All MLSAll MLS

8041 - CHI - Hyde Park

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

+ 160%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

+ 160%

1-2009 1-2010 1-2011 1-2012

DetachedSingle-Familyb

a

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

1-2009 1-2010 1-2011 1-2012

Attached Single-Familyb

a

Hyde Park