Near North Side, IL Market Update for July 2007

Here are the latest real estate market statistics for Near North Side, IL area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 28.4%*

Average	June 2007	July 2007	% Change
Asking Price	$608,469	$540,370	-11.2%
Sales Price	$587,002	$543,973	-7.3%
% of Asking Price	96%	101%	5.2%
$/SQFT	$421	$412	-2.1%
Days on Market	125	128	2.4%
Total Transactions	318	274	-13.8%

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All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 1,949 properties on the market with 553 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.