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Department DETROIT, MICHIGAN CHICAGO, ILLINOIS CLEVELAND, OHIO ST. LOUIS, MISSOURI PHILADELPHIA, PENNSYLVANIA Average market value: $41,503 Median distressed sales price annual change: -6.5% Average market value: $71,659 Median distressed sales price annual change: 6.13% Average market value: $59,800 Median distressed sales price annual change: 8.73% Average market value: $60,556 Median distressed sales price annual change: n/a Average market value: $67,712 Median distressed sales price annual change: 5.49% It's a fact: The city has 3,773 bank-owned properties built before 1960 that are valued under $100,000. It's a fact: The average price per square foot is $205, up 54.1% from last year. It's a fact: The number of home sales this year is 533, down 16.6% from last year. It's a fact: The median home rent price is $750, 6.2% less than last year. It's a fact: The median list price is up 3.4% from last year, at $149,000. Hot home: Former White Sox designated hitter and first baseman Frank Thomas put his home on the market for $1.95 million. What the property lacks in curb appeal, it makes up for in amenities, such as a playroom, weight room, sauna, theater, and an outdoor living area with a patio, hot tub, and bar. The gourmet kitchen features a wine refrigerator, double oven, and chef-style appliances. Hot home: The C-House, designed by award-winning architect Robert Maschke, AIA, is on the market for $1.25 million. The home is embedded into a hillside and offers an interesting profile unlike any other. A large rooftop deck provides an expansive entertaining area. The interior features expansive glass facades that fill the home with natural light. The property's four stories offer multiple living areas and views of the Cleveland skyline. Hot home: With three floors connected by a grand circular staircase, this palatial St. Louis property hit the market for $3.95 million. Designed by contemporary architect Ralph A. Fournier, the home features a sprawling 10,000-square-foot floor plan and 10 fireplaces throughout the layout. A master suite houses its own library and two baths, and out back, a lighted tennis court complements the manicured landscaping. Hot home: This historic property in Rittenhouse Square, a park designated by William Penn in the late 17th century, sits in the former architectural footprint of four law offices. It's now for sale as an $8.2 million single-family residence. Natural light enters the interior from all four sides, a rare attribute in a Central Philly property. The five-bedroom structure also features a private library. MILWAUKEE, WISCONSIN BIRMINGHAM, ALABAMA PHEONIX, ARIZONA JACKSONVILLE, FLORIDA INDIANAPOLIS, INDIANA Average market value: $72,190 Median distressed sales price annual change: 10.71% Average market value: $65,310 Median distressed sales price annual change: 16.91% Average market value: $62,574 Median distressed sales price annual change: 1.24% Average market value: $60,557 Median distressed sales price annual change: 6.74% Average market value: $74,005 Median distressed sales price annual change: n/a It's a fact: The average price per square foot is down 48.4% percent from last year, at $79. It's a fact: The median DOM is 83, compared to 92 last year at this time. It's a fact: The average listing price is $145,000, which is $37,000, or 34.3%, more than last year. It's a fact: Distressed homes make up 6% of the inventory, down from 10% last year at this time. It's a fact: The median list price is $116,900, up 7.3% from this time last year. Hot home: The inside of this $8.3 million home near Phoenix is loaded with amenities, but it's the exterior that is truly incredible. It features an attached casita, an equestrian facility, gazebo, riding paths, circular drives with seven electronic gates, a batting cage, sport court, putting green, playground, dog kennel, vegetable garden, heated pool and spa, and a citrus orchard. Hot home: This $2.4 million property sits on more than 3.5 acres with 150 feet sitting directly along the St. Johns River. Just steps out the door is a private dock, which makes fishing, boating, and swimming as easy as walking into the backyard. Inside, a deluxe master bathroom features a Jacuzzi-style tub. Frenchstyle doors in the living area open up to the exterior, creating a seamless indoor/ outdoor transition. Hot home: Recognized by its clean lines and contemporary aesthetic, this home by Young & Young architects is on the market in Bloomsfield Township, near Detroit, for $3.49 million. Sitting on an oversized lot, the 5,177-square-foot property features marble throughout. Sitting on the lake, a lowerlevel boat garage makes water access easy. A wall of windows provides a clear view to the waterfront. Hot home: Via a short drive outside of Milwaukee, potential buyers will find this $2 million hilltop escape designed by Frank Lloyd Wright's Taliesin group. The stone property sits on 80 wooded acres, offering miles of trails for hiking, snowmobiling, and crosscountry skiing. Inside, the cozy lodge-type interior offers four bedrooms and five baths, along with living spaces featuring walllength windows to view the countryside beyond. Hot home: This $3.59 million property has almost every amenity available today, including a three-hole golf course, brick driveway and fountain, spa and steam shower, pool with rock waterfall, playground, media room, exercise room, game room, and music room. Other features include five fireplaces, dome ceilings, and a powerful security system. In the backyard, a covered patio looks out onto the golf course. Hot home: A 10,000-square-foot horse training facility sets this home apart from the rest. Add to that its 20 acres and a private one-acre pond, and it's the equestrian's dream home. Inside, the property features a large wine cellar, theater room, workout center, craft room, and gourmet kitchen. Outside sits a swimming pool and hot tub, threecar garage, and basketball court. The house is listed at $4.5 million. The M Report | 11