December 2020 Market Update

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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.


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