I just put this chart together for a buyer who is looking at single-family homes in Oak Park. In my opinions, it is a fairly accurate representation of the entire Chicago area market (prices may vary). It shows that while the market is nowhere near back to 2006 numbers, it has steadied. I would guess that by the end of the year the 2010 median house price is higher than in 2009.
Click image for larger view.
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