Local Market Market Update Update –– August August 2021 2021 Local
ResearchTool ToolProvided Provided bythe Chicago AssociationofofREALTORS® REALTORS® K L by O Pthe AChicago S AAResearch Association S T RONLY AT T O NData current as of September 14, 2021 RESIDENTIALACTIVITY ACTIVITY RESIDENTIAL ONLY | | Data current as of September 14, 2021
AVONDALE
Avondale Avondale
46.7% ++ 46.7%
33.3% -- 33.3%
37.7% ++ 37.7%
Changeinin Change NewListings Listings New AllProperties Properties All
Changeinin Change ClosedSales Sales Closed AllProperties Properties All
Changeinin Change Inventoryof ofHomes Homes Inventory AllProperties Properties All
Local Market Update | August 2021
August August
DetachedSingle-Family Single-Family Detached
NewListings Listings New Closed Sales Closed Sales
MedianSales SalesPrice* Price* Median Percent of Original ListPrice PriceReceived* Received* Percent of Original List
Yearto toDate Date Year
8-2020 8-2020 15 15
8-2021 8-2021 23 23
++/ /–– 53.3% ++53.3%
8-2020 8-2020 131 131
8-2021 8-2021 110 110
++/ /–– 16.0% - -16.0%
10 10 $652,500 $652,500 97.8% 97.8%
44 $566,500 $566,500 100.3% 100.3%
60.0% - -60.0% 13.2% - 13.2%
62 62 $577,000 $577,000 98.6% 98.6%
65 65 $525,000 $525,000 99.3% 99.3%
4.8% ++4.8% 9.0% - 9.0%
53 53 18 18
55 28 28
46 46 ----
42 42 ----
MarketTime Time Market InventoryofofHomes Homesfor forSale Sale Inventory
2.6% ++2.6% 90.0% - 90.0% 55.6% ++55.6%
August August
AttachedSingle-Family Single-Family Attached
NewListings Listings New Closed Sales Closed Sales
MedianSales SalesPrice* Price* Median Percent of Original ListPrice PriceReceived* Received* Percent of Original List
8-2020 8-2020 30 30
8-2021 8-2021 43 43
23 23 $335,000 $335,000 98.5% 98.5%
18 18 $324,950 $324,950 98.2% 98.2%
43 43 35 35
34 34 45 45
MarketTime Time Market Inventory Homesfor forSale Sale Inventory ofofHomes
0.8% ++0.8% 8.7% - 8.7% ----
Yearto toDate Date Year ++/ /–– 43.3% ++43.3% 21.7% - 21.7%
8-2020 8-2020 213 213
8-2021 8-2021 275 275
++/ /–– 29.1% ++29.1% + 59.8% + 59.8%
3.0% - -3.0% 0.3% - 0.3%
107 107 $369,000 $369,000 99.0% 99.0%
171 171 $422,000 $422,000 99.5% 99.5%
14.4% ++14.4% + 0.5% + 0.5%
22.5% - -22.5% + 28.6% + 28.6%
50 50 ----
40 40 ----
20.0% - -20.0% ----
* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Changein inMedian MedianSales SalesPrice Price from from Prior Prior Year Year(6-Month (6-MonthAverage) Average)†† Change DetachedSingle-Family Single-Family Detached
bb aa
All All Avondale Avondale
+ 140% + 140% + 120% + 120%
All All Avondale Avondale
+ 100% + 100%
bb aa
+ 80% + 80%
+ 100% + 100%
+ 60% + 60%
+ 80% + 80%
+ 40% + 40%
+ 60% + 60%
+ 20% + 20%
+ 40% + 40% + 20% + 20%
0% 0%
0% 0%
- 20% - 20%
- 20% - 20%
- 40% - 40%
- 40% - 40% - 60% - 60% 1-2009 1-2009
AttachedSingle-Family Single-Family Attached
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
- 60% - 60% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
Eachdot dotrepresents representsthe thechange changeininmedian mediansales salesprice pricefrom fromthe theprior prioryear yearusing usingaa6-month 6-monthweighted weightedaverage. average. ††Each Thismeans meansthat thateach eachofofthe the66months monthsused usedininaadot dotare areproportioned proportionedaccording accordingtototheir theirshare shareofofsales salesduring duringthat thatperiod. period. This Current as of September 14, 2021. All data from Midwest Real Estate Data. Report © 2021 ShowingTime. Current as of September 14, 2021. All data from Midwest Real Estate Data. Report © 2021 ShowingTime.