Zillow's Second Quarter Trends Reports - Chicagoland Stastics

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Services for Real Estate Pros with Zillow

Today Zillow came out with our quarterly home value data for the second quarter of 2007.  Data is calculated as  the median of all of the company's home-value estimates across the country   I pulled out some data specifc to the Chicagoland metro area.  If you are interested in recieving the full excel spreadsheet on all data for the area, email me and I will send it to you. 

Home Type Breakdown:

MSAHome TypeZindexQuarter Over Quarter ChangeYear Over Year Change5 Year Annualized Change
Chicago-Gary-Kenosha, IL-IN-WI CMSAAverage Home$296,5701.5%-1.6%6.4%
Chicago-Gary-Kenosha, IL-IN-WI CMSASingle Family Residence$268,0830.8%-1.3%6.4%
Chicago-Gary-Kenosha, IL-IN-WI CMSASingle Family Residence, Small Size$222,144-0.4%-1.5%8.5%
Chicago-Gary-Kenosha, IL-IN-WI CMSASingle Family Residence, Medium Size$296,8850.3%-2.3%6.7%
Chicago-Gary-Kenosha, IL-IN-WI CMSASingle Family Residence, Large Size$493,407-2.3%0.5%5.6%
Chicago-Gary-Kenosha, IL-IN-WI CMSACondominium$210,9942.7%0.7%5.5%
Chicago-Gary-Kenosha, IL-IN-WI CMSACondominium, Small Size$166,4107.6%9.1%9.9%
Chicago-Gary-Kenosha, IL-IN-WI CMSACondominium, Medium Size$232,6043.2%0.2%6.3%
Chicago-Gary-Kenosha, IL-IN-WI CMSACondominium, Large Size$328,2324.9%0.3%6.0%

Home Type in Cook County Breakdown

County (Largest City)Home TypeZindexQuarter Over Quarter ChangeYear Over Year Change5 Year Annualized Change
Cook (Chicago)Average Home$296,5701.5%-1.6%6.4%
Cook (Chicago)Single Family Residence$274,968-0.4%-2.7%7.2%
Cook (Chicago)Single Family Residence, Small Size$222,083-0.2%-1.3%8.6%
Cook (Chicago)Single Family Residence, Medium Size$296,8850.3%-2.3%6.7%
Cook (Chicago)Single Family Residence, Large Size$493,407-2.3%0.5%5.6%
Cook (Chicago)Condominium$211,6862.6%0.6%5.5%
Cook (Chicago)Condominium, Small Size$167,1068.1%9.8%10.1%
Cook (Chicago)Condominium, Medium Size$232,6043.2%0.2%6.3%
Cook (Chicago)Condominium, Large Size$328,2324.9%0.3%6.0%

Top 5 Neighborhoods with Largest Quarter-Over-Quarter Decrease

NeighborhoodZindexQuarter Over Quarter ChangeYear Over Year Change
West Ridge (Chicago, Cook County)$273,115-9.6%-9.4%
60015 (Deerfield)$522,174-9.1%-4.0%
Olde Renwick Trail (Joliet, Will County)$247,856-8.7%10.8%
60302 (Oak Park)$427,683-5.4%-9.0%
60025 (Glenview)$452,559-5.0%-4.3%
60543 (Oswego)$263,291-4.9%

1.5%

Top 5 Neighborhoods with Larger Quarter-Over-Quarter Increase

NeighborhoodZindexQuarter Over Quarter Change
60950 (Manteno)$199,91210.4%
60521 (Oak Brook)$898,09610.9%
60401 (Beecher)$206,65511.7%
60523 (Oak Brook)$745,32112.3%
Southside Area (Joliet, Will County)$109,96713.2%

 

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