Market Report December 2023

Page 1

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.


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