Zillow's Second Quarter Trends Reports - Chicagoland Stastics

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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%


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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