Local Market Market Update Update –– December Local December 2023 2023
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024
AVONDALE
+ + 36.4% 36.4%
-- 17.6% 17.6%
-- 14.3% 14.3%
Local Market December Local MarketUpdate Update || October 20212023
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Avondale
December December
Detached Single-Family Single-Family Detached
12-2022 12-2022 5 5 9 9 $549,900 $549,900 97.1% 97.1% 54 54 12 12
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2023 12-2023 11 11 3 3 $450,000 $450,000 96.2% 96.2% 43 43 14 14
Year Year to to Date Date +/– +/– + 120.0% + 120.0% - 66.7% - 66.7% - 18.2% - 18.2% - 0.9% - 0.9% - 19.8% - 19.8% + 16.7% + 16.7%
12-2022 12-2022 201 201 111 111 $665,000 $665,000 98.6% 98.6% 37 37 ---
December December
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2022 12-2022 66
12-2023 12-2023 44
88 $342,750 $342,750
11 11 $450,000 $450,000
98.1% 98.1% 53 53
96.0% 96.0% 35 35
23 23
16 16
12-2023 12-2023 161 161 84 84 $602,500 $602,500 98.3% 98.3% 62 62 ---
+/– +/– - 19.9% - 19.9% - 24.3% - 24.3% - 9.4% - 9.4% - 0.3% - 0.3% + 66.4% + 66.4% ---
Year Year to to Date Date ++ // –– -- 33.3% 33.3% ++ 37.5% 37.5% ++ 31.3% 31.3% -- 2.1% 2.1%
12-2022 12-2022 273 273
12-2023 12-2023 221 221
172 172 $345,000 $345,000
143 143 $400,000 $400,000
99.0% 99.0% 46 46
99.7% 99.7% 38 38
---
---
-- 33.6% 33.6% -- 30.4% 30.4%
++ // –– -- 19.0% 19.0% -- 16.9% 16.9% ++ 15.9% 15.9% ++ 0.7% 0.7% -- 16.6% 16.6% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
bb aa
All All Avondale Avondale
+ 140% 140% + + 120% 120% +
Attached Single-Family
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%
-- 40% 40%
- 40% - 60% 1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023 1-2023
-- 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
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of January January 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– December Local December 2023 2023
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024
IRVING PARK
+ + 72.2% 72.2%
+ + 20.8% 20.8%
-- 19.4% 19.4%
Local Market December Local MarketUpdate Update || October 20212023
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Irving Park
December December
Detached Single-Family Single-Family Detached
12-2022 12-2022 11 11 11 11 $585,000 $585,000 95.5% 95.5% 64 64 39 39
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2023 12-2023 13 13 15 15 $515,000 $515,000 91.3% 91.3% 84 84 38 38
Year Year to to Date Date +/– +/– + 18.2% + 18.2% + 36.4% + 36.4% - 12.0% - 12.0% - 4.3% - 4.3% + 31.0% + 31.0% - 2.6% - 2.6%
12-2022 12-2022 506 506 292 292 $657,450 $657,450 99.7% 99.7% 38 38 ---
December December
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2022 12-2022 77
12-2023 12-2023 18 18
13 13 $215,000 $215,000
14 14 $165,750 $165,750
96.2% 96.2% 109 109
93.6% 93.6% 41 41
33 33
20 20
12-2023 12-2023 371 371 201 201 $619,000 $619,000 98.5% 98.5% 49 49 ---
+/– +/– - 26.7% - 26.7% - 31.2% - 31.2% - 5.8% - 5.8% - 1.2% - 1.2% + 27.9% + 27.9% ---
Year Year to to Date Date ++ // –– ++ 157.1% 157.1% ++ 7.7% 7.7% -- 22.9% 22.9% -- 2.7% 2.7%
12-2022 12-2022 411 411
12-2023 12-2023 272 272
269 269 $228,000 $228,000
202 202 $240,000 $240,000
98.4% 98.4% 62 62
98.4% 98.4% 40 40
---
---
-- 61.9% 61.9% -- 39.4% 39.4%
++ // –– -- 33.8% 33.8% -- 24.9% 24.9% ++ 5.3% 5.3% -- 0.1% 0.1% -- 35.1% 35.1% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Irving Irving Park Park
+ 50% 50% +
bb aa
Attached Single-Family
All All Irving Irving Park Park
++ 60% 60%
bb aa
++ 50% 50%
+ 40% 40% +
++ 40% 40%
+ 30% 30% +
++ 30% 30%
+ 20% 20% +
++ 20% 20%
+ 10% 10% +
++ 10% 10% 0% 0%
0% 0%
10% -- 10%
-- 10% 10%
- 20%
-- 20% 20%
- 30% - 40% 1-2009
-- 30% 30%
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 40% 40% 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
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of January January 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– December Local December 2023 2023
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024
LAKEVIEW
-- 58.0% 58.0%
+ + 3.6% 3.6%
-- 48.8% 48.8%
Local Market December Local MarketUpdate Update || October 20212023
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Lake View
December December
Detached Single-Family Single-Family Detached
12-2022 12-2022 6 6 7 7 $1,790,000 $1,790,000 94.7% 94.7% 29 29 27 27
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2023 12-2023 3 3 8 8 $1,789,500 $1,789,500 92.3% 92.3% 166 166 13 13
Year Year to to Date Date +/– +/– - 50.0% - 50.0% + 14.3% + 14.3% - 0.0% - 0.0% - 2.4% - 2.4% + 469.2% + 469.2% - 51.9% - 51.9%
12-2022 12-2022 274 274 167 167 $1,550,000 $1,550,000 98.7% 98.7% 58 58 ---
December December
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2022 12-2022 75 75
12-2023 12-2023 31 31
77 77 $315,000 $315,000
79 79 $345,000 $345,000
97.0% 97.0% 44 44
96.4% 96.4% 42 42
219 219
113 113
12-2023 12-2023 234 234 124 124 $1,600,000 $1,600,000 97.7% 97.7% 64 64 ---
+/– +/– - 14.6% - 14.6% - 25.7% - 25.7% + 3.2% + 3.2% - 1.0% - 1.0% + 11.3% + 11.3% ---
Year Year to to Date Date ++ // –– -- 58.7% 58.7% ++ 2.6% 2.6% ++ 9.5% 9.5% -- 0.6% 0.6%
12-2022 12-2022 3,325 3,325
12-2023 12-2023 2,226 2,226
2,142 2,142 $388,700 $388,700
1,520 1,520 $410,000 $410,000
98.4% 98.4% 49 49
99.0% 99.0% 46 46
---
---
-- 3.2% 3.2% -- 48.4% 48.4%
++ // –– -- 33.1% 33.1% -- 29.0% 29.0% ++ 5.5% 5.5% ++ 0.6% 0.6% -- 6.1% 6.1% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Lake Lake View View
+ 40% 40% +
bb aa
Attached Single-Family
All All Lake Lake View View
++ 30% 30%
bb aa
++ 25% 25%
+ 30% 30% +
++ 20% 20%
+ 20% 20% +
++ 15% 15%
+ 10% 10% +
++ 10% 10%
0% 0%
++ 5% 5%
10% -- 10%
0% 0% -- 5% 5%
20% -- 20%
-- 10% 10% - 30%
-- 15% 15%
- 40% - 50% 1-2009
-- 20% 20%
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 25% 25% 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
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of January January 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– December Local December 2023 2023
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024
LINCOLN PARK
-- 8.3% 8.3%
-- 22.1% 22.1%
-- 34.7% 34.7%
Local Market December Local MarketUpdate Update || October 20212023
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Lincoln Park
December December
Detached Single-Family Single-Family Detached
12-2022 12-2022 3 3 13 13 $1,721,000 $1,721,000 93.9% 93.9% 89 89 40 40
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2023 12-2023 5 5 12 12 $2,300,000 $2,300,000 99.0% 99.0% 77 77 38 38
Year Year to to Date Date +/– +/– + 66.7% + 66.7% - 7.7% - 7.7% + 33.6% + 33.6% + 5.4% + 5.4% - 13.4% - 13.4% - 5.0% - 5.0%
12-2022 12-2022 398 398 230 230 $1,727,500 $1,727,500 96.4% 96.4% 64 64 ---
December December
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2022 12-2022 33 33
12-2023 12-2023 28 28
64 64 $455,000 $455,000
48 48 $570,000 $570,000
95.8% 95.8% 88 88
96.6% 96.6% 52 52
176 176
103 103
12-2023 12-2023 342 342 151 151 $1,850,000 $1,850,000 96.2% 96.2% 69 69 ---
+/– +/– - 14.1% - 14.1% - 34.3% - 34.3% + 7.1% + 7.1% - 0.2% - 0.2% + 7.6% + 7.6% ---
Year Year to to Date Date ++ // –– -- 15.2% 15.2% -- 25.0% 25.0% ++ 25.3% 25.3% ++ 0.7% 0.7%
12-2022 12-2022 2,233 2,233
12-2023 12-2023 1,555 1,555
1,477 1,477 $540,000 $540,000
1,016 1,016 $560,000 $560,000
98.2% 98.2% 59 59
98.5% 98.5% 53 53
---
---
-- 40.9% 40.9% -- 41.5% 41.5%
++ // –– -- 30.4% 30.4% -- 31.2% 31.2% ++ 3.7% 3.7% ++ 0.3% 0.3% -- 9.4% 9.4% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Lincoln Lincoln Park Park
+ 40% 40% +
bb aa
Attached Single-Family
All All Lincoln Lincoln Park Park
++ 25% 25%
bb aa
++ 20% 20%
+ 30% 30% +
++ 15% 15% + 20% 20% +
++ 10% 10% ++ 5% 5%
+ 10% 10% +
0% 0% 0% 0%
-- 5% 5% -- 10% 10%
- 10%
-- 15% 15% - 20%
- 30% 1-2009
-- 20% 20%
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 25% 25% 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
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of January January 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– December Local December 2023 2023
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024
LINCOLN SQUARE
+ + 15.8% 15.8%
-- 5.3% 5.3%
-- 2.5% 2.5%
Local Market December Local MarketUpdate Update || October 20212023
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Lincoln Square
December December
Detached Single-Family Single-Family Detached
12-2022 12-2022 8 8 3 3 $760,000 $760,000 97.1% 97.1% 78 78 20 20
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2023 12-2023 6 6 5 5 $1,040,000 $1,040,000 97.7% 97.7% 49 49 13 13
Year Year to to Date Date +/– +/– - 25.0% - 25.0% + 66.7% + 66.7% + 36.8% + 36.8% + 0.6% + 0.6% - 37.4% - 37.4% - 35.0% - 35.0%
12-2022 12-2022 189 189 131 131 $825,000 $825,000 99.0% 99.0% 43 43 ---
December December
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2022 12-2022 11 11
12-2023 12-2023 16 16
16 16 $345,000 $345,000
13 13 $210,000 $210,000
96.8% 96.8% 69 69
97.3% 97.3% 22 22
20 20
26 26
12-2023 12-2023 144 144 85 85 $987,500 $987,500 98.7% 98.7% 55 55 ---
+/– +/– - 23.8% - 23.8% - 35.1% - 35.1% + 19.7% + 19.7% - 0.3% - 0.3% + 27.0% + 27.0% ---
Year Year to to Date Date ++ // –– ++ 45.5% 45.5% -- 18.8% 18.8% -- 39.1% 39.1% ++ 0.5% 0.5%
12-2022 12-2022 556 556
12-2023 12-2023 350 350
378 378 $315,200 $315,200
259 259 $350,000 $350,000
98.6% 98.6% 54 54
99.8% 99.8% 32 32
---
---
-- 67.5% 67.5% ++ 30.0% 30.0%
++ // –– -- 37.1% 37.1% -- 31.5% 31.5% ++ 11.0% 11.0% ++ 1.3% 1.3% -- 41.3% 41.3% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Lincoln Lincoln Square Square
+ 70% 70% + + 60% 60% +
bb aa
Attached Single-Family
All All Lincoln Lincoln Square Square
++ 120% 120%
bb aa
++ 100% 100%
+ 50% 50% +
++ 80% 80%
+ 40% 40% + ++ 60% 60%
+ 30% 30% + + 20% 20% +
++ 40% 40%
+ 10% 10% +
++ 20% 20%
0% 0%
0% 0%
- 10%
-- 20% 20%
- 20%
-- 40% 40%
- 30% - 40% 1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 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
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of January January 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– December Local December 2023 2023
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024
LOGAN SQUARE
-- 32.4% 32.4%
-- 12.2% 12.2%
-- 35.1% 35.1%
Local Market December Local MarketUpdate Update || October 20212023
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Logan Square
December December
Detached Single-Family Single-Family Detached
12-2022 12-2022 12 12 14 14 $891,135 $891,135 98.4% 98.4% 56 56 32 32
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2023 12-2023 8 8 13 13 $885,500 $885,500 97.5% 97.5% 59 59 22 22
Year Year to to Date Date +/– +/– - 33.3% - 33.3% - 7.1% - 7.1% - 0.6% - 0.6% - 0.9% - 0.9% + 5.6% + 5.6% - 31.3% - 31.3%
12-2022 12-2022 397 397 238 238 $912,500 $912,500 99.2% 99.2% 35 35 ---
December December
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2022 12-2022 22 22
12-2023 12-2023 15 15
27 27 $500,000 $500,000
23 23 $518,000 $518,000
97.1% 97.1% 50 50
97.0% 97.0% 49 49
62 62
39 39
12-2023 12-2023 343 343 161 161 $1,012,500 $1,012,500 98.1% 98.1% 67 67 ---
+/– +/– - 13.6% - 13.6% - 32.4% - 32.4% + 11.0% + 11.0% - 1.2% - 1.2% + 92.4% + 92.4% ---
Year Year to to Date Date ++ // –– -- 31.8% 31.8% -- 14.8% 14.8% ++ 3.6% 3.6% -- 0.0% 0.0%
12-2022 12-2022 1,040 1,040
12-2023 12-2023 639 639
632 632 $450,000 $450,000
424 424 $488,500 $488,500
99.4% 99.4% 47 47
99.8% 99.8% 44 44
---
---
-- 3.1% 3.1% -- 37.1% 37.1%
++ // –– -- 38.6% 38.6% -- 32.9% 32.9% ++ 8.6% 8.6% ++ 0.5% 0.5% -- 5.0% 5.0% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Logan Logan Square Square
+ 80% 80% +
bb aa
Attached Single-Family ++ 40% 40%
+ 60% 60% +
++ 30% 30%
+ 40% 40% +
++ 20% 20%
+ 20% 20% +
++ 10% 10%
0% 0%
0% 0%
- 20%
-- 10% 10%
- 40%
-- 20% 20%
- 60% 1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
All All Logan Logan Square Square
-- 30% 30% 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
bb aa
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of January January 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– December Local December 2023 2023
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024
LOOP
-- 25.9% 25.9%
+ + 54.1% 54.1%
-- 34.0% 34.0%
Local Market December Local MarketUpdate Update || October 20212023
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Loop
December December
Detached Single-Family Single-Family Detached
12-2022 12-2022 0 0 0 0 $0 $0 0.0% 0.0% 0 0 1 1
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2023 12-2023 0 0 0 0 $0 $0 0.0% 0.0% 0 0 0 0
Year Year to to Date Date +/– +/– ----------- 100.0% - 100.0%
12-2022 12-2022 3 3 0 0 $0 $0 0.0% 0.0% 0 0 ---
December December
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2022 12-2022 58 58
12-2023 12-2023 43 43
37 37 $328,500 $328,500
57 57 $400,000 $400,000
95.7% 95.7% 103 103
97.1% 97.1% 78 78
264 264
175 175
12-2023 12-2023 2 2 0 0 $0 $0 0.0% 0.0% 0 0 ---
+/– +/– - 33.3% - 33.3% -----------
Year Year to to Date Date ++ // –– -- 25.9% 25.9% ++ 54.1% 54.1% ++ 21.8% 21.8% ++ 1.5% 1.5%
12-2022 12-2022 1,894 1,894
12-2023 12-2023 1,546 1,546
946 946 $372,500 $372,500
830 830 $370,000 $370,000
97.1% 97.1% 104 104
97.3% 97.3% 90 90
-- 0.7% 0.7% ++ 0.2% 0.2% -- 12.8% 12.8%
---
---
---
-- 24.0% 24.0% -- 33.7% 33.7%
++ // –– -- 18.4% 18.4% -- 12.3% 12.3%
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Loop Loop
+ 25% 25% + + 20% 20% +
bb aa
Attached Single-Family
All All Loop Loop
++ 50% 50%
bb aa
++ 40% 40%
+ 15% 15% +
++ 30% 30%
+ 10% 10% +
++ 20% 20%
+ 5% 5% +
++ 10% 10%
0% 0% 0% 0%
5% -- 5%
-- 10% 10%
10% -- 10%
-- 20% 20%
- 15%
-- 30% 30%
- 20% - 25% 1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 40% 40% 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
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of January January 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– December Local December 2023 2023
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024
NEAR NORTH SIDE
-- 1.4% 1.4%
+ + 14.4% 14.4%
-- 10.8% 10.8%
Local Market December Local MarketUpdate Update || October 20212023
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Near North Side
December December
Detached Single-Family Single-Family Detached
12-2022 12-2022 1 1 1 1 $1,300,000 $1,300,000 100.1% 100.1% 150 150 21 21
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2023 12-2023 1 1 2 2 $2,920,000 $2,920,000 91.9% 91.9% 17 17 35 35
Year Year to to Date Date +/– +/– 0.0% 0.0% + 100.0% + 100.0% + 124.6% + 124.6% - 8.1% - 8.1% - 89.0% - 89.0% + 66.7% + 66.7%
12-2022 12-2022 112 112 39 39 $2,100,000 $2,100,000 92.5% 92.5% 245 245 ---
December December
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2022 12-2022 141 141
12-2023 12-2023 139 139
131 131 $430,000 $430,000
149 149 $400,000 $400,000
96.0% 96.0% 134 134
95.5% 95.5% 107 107
965 965
845 845
12-2023 12-2023 121 121 24 24 $2,200,000 $2,200,000 90.3% 90.3% 283 283 ---
+/– +/– + 8.0% + 8.0% - 38.5% - 38.5% + 4.8% + 4.8% - 2.3% - 2.3% + 15.2% + 15.2% ---
Year Year to to Date Date ++ // –– -- 1.4% 1.4% ++ 13.7% 13.7% -- 7.0% 7.0% -- 0.6% 0.6%
12-2022 12-2022 6,591 6,591
12-2023 12-2023 5,757 5,757
2,814 2,814 $420,000 $420,000
2,404 2,404 $395,000 $395,000
96.7% 96.7% 112 112
96.5% 96.5% 104 104
---
---
-- 19.6% 19.6% -- 12.4% 12.4%
++ // –– -- 12.7% 12.7% -- 14.6% 14.6% -- 6.0% 6.0% -- 0.2% 0.2% -- 7.5% 7.5% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
bb aa
All All Near Near North North Side Side
+ 200% 200% +
Attached Single-Family ++ 30% 30%
+ 150% 150% +
++ 20% 20%
+ 100% 100% +
++ 10% 10%
+ 50% 50% +
0% 0%
0% 0%
-- 10% 10%
- 50%
-- 20% 20%
- 100% 1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023 1-2023
All All Near Near North North Side Side
-- 30% 30% 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
bb aa
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of January January 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– December Local December 2023 2023
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024
NEAR SOUTH SIDE
-- 18.8% 18.8%
+ + 18.8% 18.8%
-- 26.4% 26.4%
Local Market December Local MarketUpdate Update || October 20212023
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Near South Side
December December
Detached Single-Family Single-Family Detached
12-2022 12-2022 0 0 0 0 $0 $0 0.0% 0.0% 0 0 1 1
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2023 12-2023 0 0 0 0 $0 $0 0.0% 0.0% 0 0 1 1
Year Year to to Date Date +/– +/– ----------0.0% 0.0%
12-2022 12-2022 5 5 7 7 $1,280,000 $1,280,000 94.1% 94.1% 135 135 ---
December December
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2022 12-2022 32 32
12-2023 12-2023 26 26
32 32 $333,250 $333,250
38 38 $337,500 $337,500
98.1% 98.1% 104 104
99.8% 99.8% 103 103
139 139
102 102
12-2023 12-2023 10 10 6 6 $1,830,000 $1,830,000 93.5% 93.5% 84 84 ---
+/– +/– + 100.0% + 100.0% - 14.3% - 14.3% + 43.0% + 43.0% - 0.7% - 0.7% - 37.3% - 37.3% ---
Year Year to to Date Date ++ // –– -- 18.8% 18.8% ++ 18.8% 18.8% ++ 1.3% 1.3% ++ 1.8% 1.8%
12-2022 12-2022 1,541 1,541
12-2023 12-2023 1,143 1,143
723 723 $375,000 $375,000
554 554 $381,500 $381,500
100.1% 100.1% 89 89
100.3% 100.3% 81 81
---
---
-- 0.6% 0.6% -- 26.6% 26.6%
++ // –– -- 25.8% 25.8% -- 23.4% 23.4% ++ 1.7% 1.7% ++ 0.3% 0.3% -- 9.2% 9.2% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
bb aa
All All Near Near South South Side Side
+ 120% 120% + + 100% 100% +
Attached Single-Family
All All Near Near South South Side Side
++ 50% 50%
bb aa
++ 40% 40%
+ 80% 80% +
++ 30% 30%
+ 60% 60% + ++ 20% 20%
+ 40% 40% +
++ 10% 10%
+ 20% 20% + 0% 0%
0% 0%
20% -- 20% -- 10% 10% - 40%
-- 20% 20%
- 60% - 80% 1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023 1-2023
-- 30% 30% 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
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of January January 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– December Local December 2023 2023
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024
NEAR WEST SIDE
+ + 2.2% 2.2%
+ + 21.1% 21.1%
-- 32.9% 32.9%
Local Market December Local MarketUpdate Update || October 20212023
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Near West Side
December December
Detached Single-Family Single-Family Detached
12-2022 12-2022 1 1 2 2 $1,038,750 $1,038,750 93.8% 93.8% 93 93 9 9
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2023 12-2023 2 2 4 4 $955,750 $955,750 90.1% 90.1% 68 68 10 10
Year Year to to Date Date +/– +/– + 100.0% + 100.0% + 100.0% + 100.0% - 8.0% - 8.0% - 3.9% - 3.9% - 26.8% - 26.8% + 11.1% + 11.1%
12-2022 12-2022 94 94 25 25 $585,000 $585,000 94.7% 94.7% 96 96 ---
December December
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2022 12-2022 44 44
12-2023 12-2023 44 44
36 36 $397,500 $397,500
42 42 $355,000 $355,000
98.1% 98.1% 98 98
97.2% 97.2% 65 65
207 207
135 135
12-2023 12-2023 73 73 29 29 $700,000 $700,000 97.0% 97.0% 88 88 ---
+/– +/– - 22.3% - 22.3% + 16.0% + 16.0% + 19.7% + 19.7% + 2.4% + 2.4% - 9.2% - 9.2% ---
Year Year to to Date Date ++ // –– 0.0% 0.0% ++ 16.7% 16.7% -- 10.7% 10.7% -- 1.0% 1.0%
12-2022 12-2022 2,490 2,490
12-2023 12-2023 1,652 1,652
1,282 1,282 $392,250 $392,250
922 922 $395,000 $395,000
99.7% 99.7% 67 67
99.7% 99.7% 67 67
---
---
-- 33.8% 33.8% -- 34.8% 34.8%
++ // –– -- 33.7% 33.7% -- 28.1% 28.1% ++ 0.7% 0.7% ++ 0.0% 0.0% ++ 0.4% 0.4% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
bb aa
All All Near Near West West Side Side
+ 450% 450% +
Attached Single-Family
All All Near Near West West Side Side
++ 30% 30%
bb aa
+ 400% 400% + ++ 20% 20%
+ 350% 350% + + 300% 300% +
++ 10% 10%
+ 250% 250% + + 200% 200% +
0% 0%
+ 150% 150% + + 100% 100% +
-- 10% 10%
+ 50% 0%
-- 20% 20%
- 50% - 100% 1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023 1-2023
-- 30% 30% 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
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of January January 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– December Local December 2023 2023
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024
NORTH CENTER
+ + 7.7% 7.7%
+ + 7.1% 7.1%
-- 49.3% 49.3%
Local Market December Local MarketUpdate Update || October 20212023
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
North Center
December December
Detached Single-Family Single-Family Detached
12-2022 12-2022 3 3 12 12 $1,135,000 $1,135,000 96.8% 96.8% 57 57 24 24
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2023 12-2023 7 7 9 9 $1,025,000 $1,025,000 96.8% 96.8% 47 47 17 17
Year Year to to Date Date +/– +/– + 133.3% + 133.3% - 25.0% - 25.0% - 9.7% - 9.7% + 0.0% + 0.0% - 16.6% - 16.6% - 29.2% - 29.2%
12-2022 12-2022 323 323 209 209 $1,250,000 $1,250,000 99.6% 99.6% 28 28 ---
December December
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2022 12-2022 10 10
12-2023 12-2023 77
16 16 $488,750 $488,750
21 21 $525,000 $525,000
97.5% 97.5% 75 75
98.6% 98.6% 57 57
49 49
20 20
12-2023 12-2023 295 295 152 152 $1,370,000 $1,370,000 98.2% 98.2% 44 44 ---
+/– +/– - 8.7% - 8.7% - 27.3% - 27.3% + 9.6% + 9.6% - 1.4% - 1.4% + 54.3% + 54.3% ---
Year Year to to Date Date ++ // –– -- 30.0% 30.0% ++ 31.3% 31.3% ++ 7.4% 7.4% ++ 1.1% 1.1%
12-2022 12-2022 657 657
12-2023 12-2023 465 465
392 392 $483,750 $483,750
311 311 $520,000 $520,000
99.9% 99.9% 37 37
99.4% 99.4% 49 49
---
---
-- 23.6% 23.6% -- 59.2% 59.2%
++ // –– -- 29.2% 29.2% -- 20.7% 20.7% ++ 7.5% 7.5% -- 0.6% 0.6% ++ 32.7% 32.7% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All North North Center Center
+ 50% 50% +
bb aa
Attached Single-Family
All All North North Center Center
++ 25% 25%
bb aa
++ 20% 20%
+ 40% 40% +
++ 15% 15%
+ 30% 30% +
++ 10% 10%
+ 20% 20% +
++ 5% 5%
+ 10% 10% +
0% 0% 0% 0%
-- 5% 5%
10% -- 10%
-- 10% 10%
- 20%
-- 15% 15%
- 30% - 40% 1-2009
-- 20% 20%
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 25% 25% 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
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of January January 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– December Local December 2023 2023
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024
UPTOWN
+ + 26.9% 26.9%
-- 2.8% 2.8%
-- 26.3% 26.3%
Local Market December Local MarketUpdate Update || October 20212023
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Uptown
December December
Detached Single-Family Single-Family Detached
12-2022 12-2022 1 1 3 3 $1,125,000 $1,125,000 93.6% 93.6% 116 116 12 12
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2023 12-2023 0 0 1 1 $925,000 $925,000 97.4% 97.4% 174 174 7 7
Year Year to to Date Date +/– +/– - 100.0% - 100.0% - 66.7% - 66.7% - 17.8% - 17.8% + 4.1% + 4.1% + 49.6% + 49.6% - 41.7% - 41.7%
12-2022 12-2022 65 65 35 35 $1,175,000 $1,175,000 96.3% 96.3% 101 101 ---
December December
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2022 12-2022 25 25
12-2023 12-2023 33 33
33 33 $250,000 $250,000
34 34 $322,500 $322,500
95.6% 95.6% 90 90
97.4% 97.4% 40 40
83 83
63 63
12-2023 12-2023 60 60 25 25 $1,030,000 $1,030,000 96.7% 96.7% 70 70 ---
+/– +/– - 7.7% - 7.7% - 28.6% - 28.6% - 12.3% - 12.3% + 0.3% + 0.3% - 30.8% - 30.8% ---
Year Year to to Date Date ++ // –– ++ 32.0% 32.0% ++ 3.0% 3.0% ++ 29.0% 29.0% ++ 1.9% 1.9%
12-2022 12-2022 1,284 1,284
12-2023 12-2023 887 887
896 896 $305,000 $305,000
653 653 $319,000 $319,000
98.7% 98.7% 52 52
99.8% 99.8% 41 41
---
---
-- 55.0% 55.0% -- 24.1% 24.1%
++ // –– -- 30.9% 30.9% -- 27.1% 27.1% ++ 4.6% 4.6% ++ 1.1% 1.1% -- 21.2% 21.2% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
bb aa
All All Uptown Uptown
+ 100% 100% +
Attached Single-Family
All All Uptown Uptown
++ 40% 40%
bb aa
++ 30% 30%
+ 80% 80% +
++ 20% 20%
+ 60% 60% +
++ 10% 10%
+ 40% 40% +
0% 0% + 20% 20% + -- 10% 10% 0% 0%
-- 20% 20%
- 20%
-- 30% 30%
- 40% - 60% 1-2009
-- 40% 40%
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023 1-2023
-- 50% 50% 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
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of January January 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– December Local December 2023 2023
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2024
WEST TOWN
-- 17.0% 17.0%
+ + 4.7% 4.7%
-- 27.4% 27.4%
Local Market December Local MarketUpdate Update || October 20212023
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
West Town
December December
Detached Single-Family Single-Family Detached
12-2022 12-2022 8 8 11 11 $870,000 $870,000 92.7% 92.7% 83 83 35 35
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2023 12-2023 6 6 8 8 $1,050,000 $1,050,000 97.9% 97.9% 54 54 30 30
Year Year to to Date Date +/– +/– - 25.0% - 25.0% - 27.3% - 27.3% + 20.7% + 20.7% + 5.7% + 5.7% - 34.3% - 34.3% - 14.3% - 14.3%
12-2022 12-2022 448 448 238 238 $1,100,000 $1,100,000 97.4% 97.4% 45 45 ---
December December
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
12-2023 12-2023 363 363 176 176 $1,140,000 $1,140,000 97.4% 97.4% 64 64 ---
+/– +/– - 19.0% - 19.0% - 26.1% - 26.1% + 3.6% + 3.6% - 0.1% - 0.1% + 40.9% + 40.9% ---
Year Year to to Date Date
12-2022 12-2022 45 45
12-2023 12-2023 38 38
++ // –– -- 15.6% 15.6% ++ 11.3% 11.3%
53 53 $535,000 $535,000
59 59 $520,000 $520,000
97.1% 97.1% 76 76
97.1% 97.1% 73 73
-- 2.8% 2.8% ++ 0.1% 0.1% -- 3.9% 3.9%
144 144
100 100
-- 30.6% 30.6%
12-2022 12-2022 2,665 2,665
12-2023 12-2023 1,859 1,859
1,556 1,556 $512,250 $512,250
1,070 1,070 $535,000 $535,000
99.0% 99.0% 49 49
99.1% 99.1% 50 50
---
---
++ // –– -- 30.2% 30.2% -- 31.2% 31.2% ++ 4.4% 4.4% ++ 0.1% 0.1% ++ 2.9% 2.9% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All West West Town Town
+ 40% 40% +
bb aa
Attached Single-Family
All All West West Town Town
++ 25% 25%
bb aa
++ 20% 20%
+ 30% 30% +
++ 15% 15% + 20% 20% +
++ 10% 10% ++ 5% 5%
+ 10% 10% +
0% 0% 0% 0%
-- 5% 5% -- 10% 10%
- 10%
-- 15% 15% - 20%
- 30% 1-2009
-- 20% 20%
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 25% 25% 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
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of January January 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.