Year-End 2009 Trends: The Midwest (Chicago, St. Louis, Indianapolis & Minneapolis)

January 6, 2010

by Scott Sambucci

1 comment

Still cruising along on our 2009 year-end look at the US Housing Market by region. Here’s the 2009 year-end Median Ask Price and Active Inventory trends for the great Midwest – Chicago, St. Louis, Indianapolis and Minneapolis,  with some quick analysis based of what we’re seeing in each city.

We’ll be releasing the January 2010 Real-Time Real Estate Report in a few days.  Register now to receive this release and download December’s edition while it’s still available. (Yep, it’s free.)

Median Ask Prices: Chicago, St. Louis, Minneapolis & St. Louis (90-day rolling average)

Median Ask Prices: Chicago, St. Louis, Minneapolis & St. Louis (90-day rolling average)

Supply of Active Listings: Chicago, St. Louis, Indianapolis & Minneapolis (90-day rolling average)

Active Housing Supply: Chicago, St. Louis, Indianapolis & Minneapolis (90-day rolling average)

Watch these seasonal markets closely in January, particularly inventory levels and the new seller entry prices to see when the Spring seasonal effects begin.  By May or June, we’ll have a sense as to whether these markets can hold their expected gains, or begin another annual descent later as the year progresses.

Previous post:

Next post: