Market Stats Booklet January 2017 Market Stats

Local Market Update – December 2016 LOCAL MARKET UPDATE December 2016 A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2017 CBHomes.com Lake Lake Forest Forest 0.0% + 58.8% + 3.3% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties December Detached Detached Single-Family Single-Family New Listings Under Contract (includes Contingent and Pending) Closed Sales Median Sales Price* Average Sales Price* Percent of Original List Price Received* Average Market Time Inventory of Homes for Sal e at Month End 12-2015 12-2016 13 17 Trailing 12 Months + / – 12-2015 14 + 7.7% 643 693 + 7.8% 9 - 47.1% 247 273 + 10.5% New Listings Under Contract (includes Contingent and Pending) Closed Sales Median Sales Price* Average Sales Price* Percent of Original List Price Received* Average Market Time Inventory of Homes for Sale at Month End + / – 12 24 + 100.0% 241 277 + 14.9% $1,300,000 $737,500 - 43.3% $835,000 $780,000 - 6.6% $1,614,479 $890,829 - 44.8% $1,044,794 $965,085 - 7.6% 86.9% 87.6% + 0.8% 89.9% 89.0% - 1.0% 267 171 - 36.0% 154 176 + 14.3% 245 248 + 1.2% -- -- -- December Attached Attached Single-Family Single-Family 12-2016 Trailing 12 Months 12-2015 12-2016 + / – 12-2015 12-2016 + / – 5 4 - 20.0% 106 87 - 17.9% 3 2 - 33.3% 66 48 - 27.3% 5 3 - 40.0% 69 51 - 26.1% $300,000 $906,500 + 202.2% $445,000 $394,000 - 11.5% $543,800 $783,500 + 44.1% $510,747 $493,770 - 3.3% 94.6% 87.9% - 7.1% 93.7% 91.8% - 2.0% 74 247 + 233.8% 83 125 + 50.6% 30 36 + 20.0% -- -- -- * 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)** Detached Single-Family Single-Family Detached All MLS Lake Forest b Single-Family Attached Single-Family a All MLS Lake Forest b a + 200% + 40% + 30% + 150% + 20% + 100% + 10% 0% + 50% - 10% 0% - 20% - 30% 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 - 50% 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 ** 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 ShowingTime 10K.

Market Stats Booklet January 2017 Market Stats | Page 9