Local Market Market Update Update –– December December 2020 2020 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 January 14, 2021 RESIDENTIALACTIVITY ACTIVITY RESIDENTIAL ONLY | | Data current as of January 14, 2021
AVONDALE
Avondale Avondale
20.0% ++ 20.0%
66.7% ++ 66.7%
36.4% ++ 36.4%
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 | December 2020
December December
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
12-2019 12-2019 66
12-2020 12-2020 44
++/ /–– 33.3% - -33.3%
12-2019 12-2019 160 160
12-2020 12-2020 185 185
++/ /–– 15.6% ++15.6%
66 $414,500 $414,500 99.7% 99.7%
12 12 $632,705 $632,705 101.7% 101.7%
100.0% ++100.0% + 52.6% + 52.6%
102 102 $499,500 $499,500 97.1% 97.1%
112 112 $583,500 $583,500 99.6% 99.6%
9.8% ++9.8% + 16.8% + 16.8%
29 29 99
32 32 11 11
67 67 ----
45 45 ----
MarketTime Time Market InventoryofofHomes Homesfor forSale Sale Inventory
2.0% ++2.0% + 10.2% + 10.2% 22.2% ++22.2%
December December
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
12-2019 12-2019 14 14
12-2020 12-2020 20 20
99 $255,000 $255,000 99.5% 99.5%
13 13 $352,000 $352,000 96.8% 96.8%
48 48 24 24
39 39 34 34
MarketTime Time Market Inventory Homesfor forSale Sale Inventory ofofHomes
2.6% ++2.6% 32.8% - 32.8% ----
Yearto toDate Date Year ++/ /–– 42.9% ++42.9% + 44.4% + 44.4%
12-2019 12-2019 360 360
12-2020 12-2020 329 329
++/ /––
38.0% ++38.0% 2.7% - 2.7%
172 172 $370,000 $370,000 97.8% 97.8%
167 167 $365,000 $365,000 98.6% 98.6%
1.4% - -1.4% + 0.8% + 0.8%
17.9% - -17.9% + 41.7% + 41.7%
54 54 ----
45 45 ----
16.7% - -16.7% ----
8.6% - -8.6% 2.9% - 2.9%
* 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
All All Avondale Avondale
+ 140% + 140% + 120% + 120%
AttachedSingle-Family Single-Family Attached
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
bb aa
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
- 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
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 January 14, 2021. All data from Midwest Real Estate Data. Report © 2021 ShowingTime. Current as of January 14, 2021. All data from Midwest Real Estate Data. Report © 2021 ShowingTime.