Tuesday, November 16, 2010

Chicago Metro Zillow Home Value Index

According to a new report released today from the real estate website Zillow.com, home values decreased 6.6% year-over-year to a Zillow Home Value Index (ZHVI) of $189,600. Values also fell in the short-term, changing -1.1% from August to September. The ZHVI measures the value of all homes, not just those that sold in a particular period.

The online real estate tracker also reported that 12.4% of Chicago homes’ values increased in September, while 82.4% decreased.

A large percentage of all sales in September were foreclosure re-sales (REO sales). Nationally, foreclosure re-sales made up 20.1% of all sales.

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Chicago Metro Zillow Home Value Index

26 comments:

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thedannywelsh said...

That's cool they have data from the different small areas within Chicago. I wonder how accurate it is?

Seattle Real Estate said...

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responsible for contents according to § 10 art. 3 MDStV:
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Breckenridge Real Estate said...

Good information. Hope to see improvment soon. Thank you for the post.

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David said...

Hi,,,
Thanks for the Informative post! Many individual real estate agencies, real estate groups and even some portals upload their property to Google who then in turn integrate those listings into Google Maps. Google also make their data available for anybody who wants it through interfaces.

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Mika said...

Thanks for Sharing this informative post. Please update I am curious about the graph.
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