December 2022 Market Update

Page 1

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New Listings 7 5 - 28.6%173 200 + 15.6%

New Listings 7 5 - 28.6%173 200 + 15.6% Closed Sales 13 9 - 30.8%103 111 + 7.8%

Closed Sales 13 9 - 30.8%103 111 + 7.8%

Median Sales Price* $545,000 $549,900 + 0.9%$505,000 $665,000 + 31.7%

Median Sales Price* $545,000 $549,900 + 0.9%$505,000 $665,000 + 31.7%

Percent of Original List Price Received* 96.7% 97.1% + 0.4%98.6% 98.6% - 0.0%

Percent of Original List Price Received* 96.7% 97.1% + 0.4%98.6% 98.6% - 0.0%

Market Time 54 54 + 0.3%44 37 - 15.9%

Market Time 54 54 + 0.3%44 37 - 15.9%

Inventory of Homes for Sale 13 11 - 15.4%--

12-202112-2022+ / –12-202112-2022+ / –

Inventory of Homes for Sale 13 11 - 15.4%-12-202112-2022+ / –12-202112-2022+ / –New Listings 12 5 - 58.3%368 270 - 26.6%

New Listings 12 5 - 58.3%368 270 - 26.6%

Closed Sales 14 8 - 42.9%228 172 - 24.6%

Closed Sales 14 8 - 42.9%228 172 - 24.6%

Median Sales Price* $310,000 $342,750 + 10.6%$388,500 $345,000 - 11.2%

Median Sales Price* $310,000 $342,750 + 10.6%$388,500 $345,000 - 11.2%

Percent of Original List Price Received* 96.2% 98.1% + 2.0%99.0% 99.0% + 0.0%

Percent of Original List Price Received* 96.2% 98.1% + 2.0%99.0% 99.0% + 0.0%

Market Time 48 53 + 12.2%38 46 + 21.1%

Market Time 48 53 + 12.2%38 46 + 21.1%

Inventory of Homes for Sale 31 23 - 25.8%--

Inventory of Homes for Sale 31 23 - 25.8%--

Detached

Attached

Single-Family b a

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KL OP AS ST RA TT ON
Local Market Update | October 2021 Local Market Update | December 2022
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Avondale Avondale All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date
Market
December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Avondale - 47.4%- 37.0%- 22.7% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80% + 100% + 120% + 140%
Local
Update –
1-20091-20111-20131-20151-20171-20191-2021
Single-Family b a - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80% + 100%
as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Avondale Avondale All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each 6 used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date Local Market Update – December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Avondale - 47.4%- 37.0%- 22.7% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80% + 100% + 120% + 140% 1-20091-20111-20131-20151-20171-20191-2021 Detached Single-Family b a - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80% + 100% 1-20091-20111-20131-20151-20171-20191-2021 Attached Single-Family b a AVONDALE
Current

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –

New Listings 10 11 + 10.0%475 505 + 6.3%

New Listings 10 11 + 10.0%475 505 + 6.3% Closed Sales 35 11 - 68.6%301 291 - 3.3%

Closed Sales 35 11 - 68.6%301 291 - 3.3%

Median Sales Price* $587,500 $585,000 - 0.4%$585,000 $659,900 + 12.8%

Median Sales Price* $587,500 $585,000 - 0.4%$585,000 $659,900 + 12.8%

Percent of Original List Price Received* 98.1% 95.5% - 2.7%99.3% 99.7% + 0.4%

Percent of Original List Price Received* 98.1% 95.5% - 2.7%99.3% 99.7% + 0.4%

Market Time 44 64 + 45.2%39 38 - 2.6%

Market Time 44 64 + 45.2%39 38 - 2.6%

Inventory of Homes for Sale 35 35 0.0%--

Inventory of Homes for Sale 35 35 0.0%--

12-202112-2022+ / –12-202112-2022+ / –

New Listings 22 7 - 68.2%588 410 - 30.3%

12-202112-2022+ / –12-202112-2022+ / –New Listings 22 7 - 68.2%588 410 - 30.3% Closed Sales 14 12 - 14.3%346 268 - 22.5%

Closed Sales 14 12 - 14.3%346 268 - 22.5%

Median Sales Price* $175,500 $202,000 + 15.1%$228,000 $227,500 - 0.2%

Median Sales Price* $175,500 $202,000 + 15.1%$228,000 $227,500 - 0.2%

Percent of Original List Price Received* 92.1% 95.8% + 4.0%97.2% 98.4% + 1.2%

Percent of Original List Price Received* 92.1% 95.8% + 4.0%97.2% 98.4% + 1.2%

Market Time 96 114 + 18.1%51 62 + 21.6%

Market Time 96 114 + 18.1%51 62 + 21.6%

Inventory of Homes for Sale 62 30 - 51.6%--

Inventory of Homes for Sale 62 30 - 51.6%--

Attached

Single-Family b a

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KL OP AS ST RA TT ON
Local Market Update | October 2021 Local Market Update | December 2022
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Irving Park Irving Park All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date Local Market
December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Irving Park - 43.8%- 53.1%- 33.0% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50%
Update –
1-20091-20111-20131-20151-20171-20191-2021
Detached Single-Family b a - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50% + 60%
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Irving Park Irving Park All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each 6 used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date Local Market Update – December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Irving Park - 43.8%- 53.1%- 33.0% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50% 1-20091-20111-20131-20151-20171-20191-2021 Detached Single-Family b a - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50% + 60% 1-20091-20111-20131-20151-20171-20191-2021 Attached Single-Family b a IRVING PARK

12-202112-2022+ / –12-202112-2022+ / –

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New Listings 4 6 + 50.0%375 273 - 27.2%

New Listings 4 6 + 50.0%375 273 - 27.2%

Closed Sales 9 7 - 22.2%201 167 - 16.9%

Closed Sales 9 7 - 22.2%201 167 - 16.9%

Median Sales Price* $1,775,000 $1,790,000 + 0.8%$1,375,000 $1,550,000 + 12.7%

Median Sales Price* $1,775,000 $1,790,000 + 0.8%$1,375,000 $1,550,000 + 12.7%

Percent of Original List Price Received* 98.2% 94.7% - 3.6%96.9% 98.7% + 1.9%

Percent of Original List Price Received* 98.2% 94.7% - 3.6%96.9% 98.7% + 1.9%

Market Time 45 29 - 34.6%64 58 - 9.4%

Market Time 45 29 - 34.6%64 58 - 9.4%

Inventory of Homes for Sale 29 26 - 10.3%--

Inventory of Homes for Sale 29 26 - 10.3%-12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –

New Listings 106 63 - 40.6%4,661 3,304 - 29.1%

New Listings 106 63 - 40.6%4,661 3,304 - 29.1% Closed Sales 140 77 - 45.0%2,597 2,142 - 17.5%

Closed Sales 140 77 - 45.0%2,597 2,142 - 17.5%

Median Sales Price* $387,500 $315,000 - 18.7%$395,000 $388,700 - 1.6%

Median Sales Price* $387,500 $315,000 - 18.7%$395,000 $388,700 - 1.6%

Percent of Original List Price Received* 96.8% 97.0% + 0.2%97.6% 98.4% + 0.8%

Market Time 72 44 - 38.8%67 49 - 26.9% Inventory of Homes for Sale 341 196 - 42.5%--

Percent of Original List Price Received* 96.8% 97.0% + 0.2%97.6% 98.4% + 0.8% Market Time 72 44 - 38.8%67 49 - 26.9% Inventory of Homes for Sale 341 196 - 42.5%--

Detached

Attached Single-Family b a

1-20091-20111-20131-20151-20171-20191-2021

1-20091-20111-20131-20151-20171-20191-2021

KL OP AS ST RA TT ON
Local Market Update | October 2021 Local Market Update | December 2022
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Lake View Lake View All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year
Date
to
A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Lake
- 37.3%- 43.6%- 40.0% Change in New Listings All Properties
Closed Sales All Properties
All Properties - 50% - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40%
Local Market Update – December 2022
View
Change in
Change in Inventory of Homes
Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25% + 30%
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Lake View Lake View All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each 6 used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date
Market
– December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Lake View - 37.3%- 43.6%- 40.0% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 50% - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40%
Detached Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25% + 30%
Attached Single-Family
LAKEVIEW
Local
Update
1-20091-20111-20131-20151-20171-20191-2021
1-20091-20111-20131-20151-20171-20191-2021
b a

Local Market Update – December 2022

Local Market Update | October 2021 Local Market Update | December 2022

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –

New Listings 8 3 - 62.5%544 394 - 27.6%

New Listings 8 3 - 62.5%544 394 - 27.6%

Closed Sales 28 13 - 53.6%305 230 - 24.6%

Closed Sales 28 13 - 53.6%305 230 - 24.6%

Median Sales Price* $1,627,500 $1,721,000 + 5.7%$1,710,000 $1,727,500 + 1.0%

Median Sales Price*

$1,627,500 $1,721,000 + 5.7%$1,710,000 $1,727,500 + 1.0%

Percent of Original List Price Received* 96.2% 93.9% - 2.4%96.0% 96.4% + 0.4%

Percent of Original List Price Received* 96.2% 93.9% - 2.4%96.0% 96.4% + 0.4%

Market Time 80 89 + 10.7%100 64 - 36.0%

Market Time 80 89 + 10.7%100 64 - 36.0%

Inventory of Homes for Sale 44 36 - 18.2%--

Inventory of Homes for Sale 44 36 - 18.2%--

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –New Listings 60 28 - 53.3%3,152 2,216 - 29.7%

New Listings 60 28 - 53.3%3,152 2,216 - 29.7%

Closed Sales 104 64 - 38.5%1,802 1,477 - 18.0%

Closed Sales 104 64 - 38.5%1,802 1,477 - 18.0%

Median Sales Price* $569,500 $455,000 - 20.1%$519,000 $540,000 + 4.0%

Median Sales Price* $569,500 $455,000 - 20.1%$519,000 $540,000 + 4.0%

Percent of Original List Price Received* 97.1% 95.8% - 1.3%97.3% 98.2% + 1.0%

Percent of Original List Price Received* 97.1% 95.8% - 1.3%97.3% 98.2% + 1.0% Market Time 95 88 - 7.8%75 59 - 21.3%

Market Time 95 88 - 7.8%75 59 - 21.3%

Inventory of Homes for Sale 241 155 - 35.7%--

Inventory of Homes for Sale 241 155 - 35.7%--

Detached

Attached Single-Family b a

1-20091-20111-20131-20151-20171-20191-2021

KL OP AS ST RA TT ON
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Lincoln Park Lincoln Park All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. Detached Single-Family
December Year to Date
A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023
- 30% - 20% - 10% 0% + 10% + 20% + 30% + 40%
Lincoln Park - 54.4%- 41.7%- 33.0% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties
1-20091-20111-20131-20151-20171-20191-2021
Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25%
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Lincoln Park Lincoln Park All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each 6 used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date
Market
– December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Lincoln Park - 54.4%- 41.7%- 33.0% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40%
Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25%
Attached Single-Family b a LINCOLN PARK
Local
Update
1-20091-20111-20131-20151-20171-20191-2021 Detached
1-20091-20111-20131-20151-20171-20191-2021

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –

New Listings 8 8 0.0%234 186 - 20.5%

New Listings 8 8 0.0%234 186 - 20.5% Closed Sales 3 3 0.0%139 131 - 5.8%

Closed Sales 3 3 0.0%139 131 - 5.8%

Median Sales Price*

Median Sales Price*

$1,125,000 $760,000 - 32.4%$836,500 $825,000 - 1.4%

$1,125,000 $760,000 - 32.4%$836,500 $825,000 - 1.4%

Percent of Original List Price Received* 100.4% 97.1% - 3.3%98.7% 99.0% + 0.3%

Percent of Original List Price Received* 100.4% 97.1% - 3.3%98.7% 99.0% + 0.3%

Market Time 58 78 + 33.9%49 43 - 12.2%

Market Time 58 78 + 33.9%49 43 - 12.2% Inventory of Homes for Sale 22 20 - 9.1%--

Inventory of Homes for Sale 22 20 - 9.1%--

12-202112-2022+ / –12-202112-2022+ / –

New Listings 21 10 - 52.4%734 554 - 24.5%

12-202112-2022+ / –12-202112-2022+ / –New Listings 21 10 - 52.4%734 554 - 24.5% Closed Sales 30 16 - 46.7%458 378 - 17.5%

Closed Sales 30 16 - 46.7%458 378 - 17.5%

Median Sales Price* $281,250 $345,000 + 22.7%$303,500 $315,200 + 3.9%

Median Sales Price* $281,250 $345,000 + 22.7%$303,500 $315,200 + 3.9%

Percent of Original List Price Received* 96.8% 96.8% 0.0%98.1% 98.6% + 0.5%

Percent of Original List Price Received* 96.8% 96.8% 0.0%98.1% 98.6% + 0.5%

Market Time 72 69 - 4.4%52 54 + 3.8%

Market Time 72 69 - 4.4%52 54 + 3.8%

Inventory of Homes for Sale 56 17 - 69.6%--

Inventory of Homes for Sale 56 17 - 69.6%--

Attached Single-Family b a

1-20091-20111-20131-20151-20171-20191-2021

KL OP AS ST RA TT ON
Local Market Update | October 2021 Local Market Update | December 2022
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Lincoln Square Lincoln Square All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date Local Market
– December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Lincoln Square - 37.9%- 42.4%- 52.6% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50% + 60% + 70% 1-20091-20111-20131-20151-20171-20191-2021
Update
Detached Single-Family b a - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80% + 100% + 120%
as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Lincoln Square Lincoln Square All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each 6 used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date Local Market Update – December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Lincoln Square - 37.9%- 42.4%- 52.6% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50% + 60% + 70% 1-20091-20111-20131-20151-20171-20191-2021 Detached Single-Family b a - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80% + 100% + 120% 1-20091-20111-20131-20151-20171-20191-2021 Attached Single-Family b a LINCOLN SQUARE
Current

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –

New Listings 13 10 - 23.1%508 390 - 23.2%

New Listings 13 10 - 23.1%508 390 - 23.2% Closed Sales 32 13 - 59.4%335 237 - 29.3%

Closed Sales 32 13 - 59.4%335 237 - 29.3%

Median Sales Price* $880,000 $880,000 0.0%$885,000 $915,000 + 3.4%

Median Sales Price* $880,000 $880,000 0.0%$885,000 $915,000 + 3.4%

Percent of Original List Price Received* 98.4% 98.9% + 0.5%98.4% 99.2% + 0.9%

Percent of Original List Price Received* 98.4% 98.9% + 0.5%98.4% 99.2% + 0.9%

Market Time 59 58 - 2.9%49 35 - 28.6%

Market Time 59 58 - 2.9%49 35 - 28.6%

Inventory of Homes for Sale 33 28 - 15.2%--

Inventory of Homes for Sale 33 28 - 15.2%-12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –New Listings 28 22 - 21.4%1,383 1,033 - 25.3%

New Listings 28 22 - 21.4%1,383 1,033 - 25.3%

Closed Sales 54 27 - 50.0%869 632 - 27.3%

Closed Sales 54 27 - 50.0%869 632 - 27.3%

Median Sales Price* $487,750 $500,000 + 2.5%$435,000 $450,000 + 3.4%

Median Sales Price* $487,750 $500,000 + 2.5%$435,000 $450,000 + 3.4%

Percent of Original List Price Received* 99.4% 97.1% - 2.3%100.1% 99.4% - 0.7%

Percent of Original List Price Received* 99.4% 97.1% - 2.3%100.1% 99.4% - 0.7% Market Time 41 50 + 21.8%48 47 - 2.1%

Inventory of Homes for Sale 75 57 - 24.0%--

Market Time 41 50 + 21.8%48 47 - 2.1% Inventory of Homes for Sale 75 57 - 24.0%--

Attached Single-Family

b a

KL OP AS ST RA TT ON
Local Market Update | October 2021 Local Market Update | December 2022
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Logan Square Logan Square All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date
A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Logan Square - 22.0%- 53.5%- 21.3% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80%
Local Market Update – December 2022
1-20091-20111-20131-20151-20171-20191-2021
Detached Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% 1-20091-20111-20131-20151-20171-20191-2021
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Logan Square Logan Square All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each 6 used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date Local Market Update – December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Logan Square - 22.0%- 53.5%- 21.3% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80% 1-20091-20111-20131-20151-20171-20191-2021 Detached Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% 1-20091-20111-20131-20151-20171-20191-2021 Attached Single-Family b a LOGAN SQUARE

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –

New Listings 0 0 1 3 + 200.0%

New Listings 0 0 1 3 + 200.0% Closed Sales 0 0 0 0

Closed Sales 0 0 0 0

Median Sales Price* $0 $0 $0 $0

Median Sales Price* $0 $0 $0 $0

Percent of Original List Price Received* 0.0% 0.0% --0.0% 0.0% Market Time 0 0 0 0

Inventory of Homes for Sale 0 1

Percent of Original List Price Received* 0.0% 0.0% --0.0% 0.0% Market Time 0 0 0 0 Inventory of Homes for Sale 0 1 12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –

New Listings 59 56 - 5.1%2,155 1,871 - 13.2% Closed Sales 60 37 - 38.3%1,077 938 - 12.9%

New Listings 59 56 - 5.1%2,155 1,871 - 13.2% Closed Sales 60 37 - 38.3%1,077 938 - 12.9%

Median Sales Price* $357,500 $328,500 - 8.1%$384,500 $370,000 - 3.8%

Median Sales Price* $357,500 $328,500 - 8.1%$384,500 $370,000 - 3.8%

Percent of Original List Price Received* 95.4% 95.7% + 0.3%96.0% 97.1% + 1.1%

Market Time 176 103 - 41.7%130 104 - 20.0%

Percent of Original List Price Received* 95.4% 95.7% + 0.3%96.0% 97.1% + 1.1% Market Time 176 103 - 41.7%130 104 - 20.0% Inventory of Homes for Sale 314 253 - 19.4%--

of Homes for Sale

253 - 19.4%--

Attached

Single-Family b a

KL OP AS ST RA TT ON
Local Market Update | October 2021 Local Market Update | December 2022
Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Loop Loop All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date Local Market Update – December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Loop - 5.1%-
- 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15%
20%
Inventory
314
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
38.3%- 19.1% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties
+
+ 25% 1-20091-20111-20131-20151-20171-20191-2021
Detached Single-Family b a - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50% 1-20091-20111-20131-20151-20171-20191-2021
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Loop Loop All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each 6 used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date
Market Update – December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Loop - 5.1%- 38.3%- 19.1% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25%
Detached Single-Family b a - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50%
Attached Single-Family b a LOOP
Local
1-20091-20111-20131-20151-20171-20191-2021
1-20091-20111-20131-20151-20171-20191-2021

Local Market Update | October 2021 Local Market Update | December 2022

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –

New Listings 6 1 - 83.3%142 112 - 21.1% Closed Sales 4 1 - 75.0%49 39 - 20.4%

New Listings 6 1 - 83.3%142 112 - 21.1% Closed Sales 4 1 - 75.0%49 39 - 20.4%

Median Sales Price*

$1,812,500 $1,300,000 - 28.3%$1,850,000 $2,100,000 + 13.5%

Median Sales Price* $1,812,500 $1,300,000 - 28.3%$1,850,000 $2,100,000 + 13.5%

Percent of Original List Price Received* 91.8% 100.1% + 9.0%90.5% 92.5% + 2.1%

Percent of Original List Price Received* 91.8% 100.1% + 9.0%90.5% 92.5% + 2.1%

Market Time 128 150 + 17.0%266 245 - 7.9%

Market Time 128 150 + 17.0%266 245 - 7.9%

Inventory of Homes for Sale 25 21 - 16.0%--

Inventory of Homes for Sale 25 21 - 16.0%--

12-202112-2022+ / –12-202112-2022+ / –

New Listings 179 131 - 26.8%7,423 6,564 - 11.6% Closed Sales 223 131 - 41.3%3,029 2,814 - 7.1%

12-202112-2022+ / –12-202112-2022+ / –New Listings 179 131 - 26.8%7,423 6,564 - 11.6% Closed Sales 223 131 - 41.3%3,029 2,814 - 7.1%

Median Sales Price* $435,000 $430,000 - 1.1%$410,000 $420,000 + 2.4%

Median Sales Price* $435,000 $430,000 - 1.1%$410,000 $420,000 + 2.4%

Percent of Original List Price Received* 95.5% 96.0% + 0.5%95.9% 96.7% + 0.8%

Percent of Original List Price Received* 95.5% 96.0% + 0.5%95.9% 96.7% + 0.8%

Market Time 164 134 - 18.7%139 112 - 19.4%

Market Time 164 134 - 18.7%139 112 - 19.4%

Inventory of Homes for Sale 1,091 935 - 14.3%--

Inventory of Homes for Sale 1,091 935 - 14.3%--

Detached

Attached Single-Family b a

1-20091-20111-20131-20151-20171-20191-2021

1-20091-20111-20131-20151-20171-20191-2021

AS
KL OP
ST RA TT ON
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Near North Side Near North Side All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date
December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Near
Side
28.6%- 41.9%- 14.3%
in New Listings All Properties
Sales
Properties
in
Properties - 100% - 50% 0% + 50% + 100% + 150% + 200%
Local Market Update –
North
-
Change
Change in Closed
All
Change
Inventory of Homes All
Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30%
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Near North Side Near North Side All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each 6 used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date Local Market Update – December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Near North Side - 28.6%- 41.9%- 14.3% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 100% - 50% 0% + 50% + 100% + 150% + 200% 1-20091-20111-20131-20151-20171-20191-2021 Detached Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30%
Attached Single-Family b a NEAR NORTH SIDE
1-20091-20111-20131-20151-20171-20191-2021

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –

New Listings 0 0 17 5 - 70.6%

New Listings 0 0 17 5 - 70.6% Closed Sales 2 0 - 100.0%8 7 - 12.5%

Closed Sales 2 0 - 100.0%8 7 - 12.5%

Median Sales Price* $1,031,250 $0 - 100.0%$1,083,500 $1,280,000 + 18.1%

Median Sales Price* $1,031,250 $0 - 100.0%$1,083,500 $1,280,000 + 18.1%

Percent of Original List Price Received* 95.0% 0.0% - 100.0%93.9% 94.1% + 0.3%

Percent of Original List Price Received* 95.0% 0.0% - 100.0%93.9% 94.1% + 0.3%

Market Time 120 0 - 100.0%135 135 0.0%

Market Time 120 0 - 100.0%135 135 0.0%

Inventory of Homes for Sale 3 1 - 66.7%--

Inventory of Homes for Sale 3 1 - 66.7%--

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –New Listings 41 32 - 22.0%1,936 1,536 - 20.7%

New Listings 41 32 - 22.0%1,936 1,536 - 20.7%

Closed Sales 57 31 - 45.6%935 722 - 22.8%

Closed Sales 57 31 - 45.6%935 722 - 22.8%

Median Sales Price* $395,000 $335,000 - 15.2%$390,000 $375,000 - 3.8%

Median Sales Price* $395,000 $335,000 - 15.2%$390,000 $375,000 - 3.8%

Percent of Original List Price Received* 97.7% 97.8% + 0.1%99.8% 100.1% + 0.3%

Market Time 98 99 + 1.4%95 89 - 6.3%

Percent of Original List Price Received* 97.7% 97.8% + 0.1%99.8% 100.1% + 0.3% Market Time 98 99 + 1.4%95 89 - 6.3%

Inventory of Homes for Sale 199 135 - 32.2%--

Inventory of Homes for Sale 199 135 - 32.2%--

Attached Single-Family b a

1-20091-20111-20131-20151-20171-20191-2021

KL OP AS ST RA TT ON
Local Market Update | October 2021 Local Market Update | December 2022
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Near South Side Near South Side All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date
December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Near South Side - 22.0%- 47.5%- 32.7% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 80% - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80% + 100% + 120%
Local Market Update –
1-20091-20111-20131-20151-20171-20191-2021
Detached Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50%
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Near South Side Near South Side All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each 6 used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date Local Market Update – December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Near South Side - 22.0%- 47.5%- 32.7% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 80% - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80% + 100% + 120% 1-20091-20111-20131-20151-20171-20191-2021 Detached Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50%
Attached Single-Family b a NEAR SOUTH SIDE
1-20091-20111-20131-20151-20171-20191-2021

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –

New Listings 1 1 0.0%131 95 - 27.5%

New Listings 1 1 0.0%131 95 - 27.5% Closed Sales 2 3 + 50.0%66 26 - 60.6%

Closed Sales 2 3 + 50.0%66 26 - 60.6%

Median Sales Price*

$775,000 $1,075,000 + 38.7%$618,800 $615,000 - 0.6%

Median Sales Price* $775,000 $1,075,000 + 38.7%$618,800 $615,000 - 0.6%

Percent of Original List Price Received* 92.8% 92.4% - 0.4%99.3% 94.5% - 4.9%

Percent of Original List Price Received* 92.8% 92.4% - 0.4%99.3% 94.5% - 4.9%

Market Time 28 132 + 372.6%69 101 + 46.4%

Market Time 28 132 + 372.6%69 101 + 46.4%

Inventory of Homes for Sale 11 9 - 18.2%--

Inventory of Homes for Sale 11 9 - 18.2%--

12-202112-2022+ / –12-202112-2022+ / –

New Listings 83 41 - 50.6%3,251 2,487 - 23.5%

12-202112-2022+ / –12-202112-2022+ / –New Listings 83 41 - 50.6%3,251 2,487 - 23.5% Closed Sales 90 35 - 61.1%1,534 1,279 - 16.6%

Closed Sales 90 35 - 61.1%1,534 1,279 - 16.6%

Median Sales Price* $355,000 $395,000 + 11.3%$378,000 $392,000 + 3.7%

Median Sales Price* $355,000 $395,000 + 11.3%$378,000 $392,000 + 3.7%

Percent of Original List Price Received* 97.5% 98.2% + 0.7%98.8% 99.7% + 0.8% Market Time 110 99 - 9.8%84 67 - 20.2%

Percent of Original List Price Received* 97.5% 98.2% + 0.7%98.8% 99.7% + 0.8%

Market Time 110 99 - 9.8%84 67 - 20.2% Inventory of Homes for Sale 266 193 - 27.4%--

Inventory of Homes for Sale 266 193 - 27.4%--

Attached Single-Family b a

1-20091-20111-20131-20151-20171-20191-2021

KL OP AS ST RA TT ON
Local Market Update | October 2021 Local Market Update | December 2022
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Near West Side Near West Side All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date
December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Near West Side - 50.0%- 58.7%- 27.1% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 100% - 50% 0% + 50% + 100% + 150% + 200% + 250% + 300% + 350% + 400%
Local Market Update –
+ 450% 1-20091-20111-20131-20151-20171-20191-2021
Detached Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30%
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Near West Side Near West Side All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each 6 used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date Local Market Update – December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Near West Side - 50.0%- 58.7%- 27.1% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 100% - 50% 0% + 50% + 100% + 150% + 200% + 250% + 300% + 350% + 400% + 450% 1-20091-20111-20131-20151-20171-20191-2021 Detached Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30%
Attached Single-Family b a NEAR WEST SIDE
1-20091-20111-20131-20151-20171-20191-2021

Local Market Update – December 2022

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –

New Listings 12 2 - 83.3%348 318 - 8.6%

New Listings 12 2 - 83.3%348 318 - 8.6% Closed Sales 21 12 - 42.9%276 209 - 24.3%

Closed Sales 21 12 - 42.9%276 209 - 24.3%

Median Sales Price* $1,325,000 $1,135,000 - 14.3%$1,167,500 $1,250,000 + 7.1%

Median Sales Price*

$1,325,000 $1,135,000 - 14.3%$1,167,500 $1,250,000 + 7.1%

Percent of Original List Price Received* 97.3% 96.8% - 0.5%97.9% 99.6% + 1.8%

Percent of Original List Price Received* 97.3% 96.8% - 0.5%97.9% 99.6% + 1.8%

Market Time 44 57 + 29.5%59 28 - 52.5%

Market Time 44 57 + 29.5%59 28 - 52.5%

Inventory of Homes for Sale 13 21 + 61.5%--

Inventory of Homes for Sale 13 21 + 61.5%--

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –

New Listings 11 9 - 18.2%770 651 - 15.5%

New Listings 11 9 - 18.2%770 651 - 15.5% Closed Sales 30 16 - 46.7%511 392 - 23.3%

Closed Sales 30 16 - 46.7%511 392 - 23.3%

Median Sales Price* $452,500 $488,750 + 8.0%$460,069 $483,750 + 5.1%

Median Sales Price* $452,500 $488,750 + 8.0%$460,069 $483,750 + 5.1%

Percent of Original List Price Received* 98.0% 97.5% - 0.5%98.9% 99.9% + 1.1%

Percent of Original List Price Received* 98.0% 97.5% - 0.5%98.9% 99.9% + 1.1%

Market Time 60 75 + 23.9%51 37 - 27.5%

Inventory of Homes for Sale 28 47 + 67.9%--

Market Time 60 75 + 23.9%51 37 - 27.5% Inventory of Homes for Sale 28 47 + 67.9%--

Attached Single-Family b a

1-20091-20111-20131-20151-20171-20191-2021

KL OP AS ST RA TT ON
Local Market Update | October 2021 Local Market Update | December 2022
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All North Center North Center All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year
to Date
A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023
- 52.2%- 45.1%+
in New Listings All Properties
Closed Sales All Properties
Properties - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50%
North Center
65.9% Change
Change in
Change in Inventory of Homes All
1-20091-20111-20131-20151-20171-20191-2021
Detached Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25%
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All North Center North Center All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each 6 used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date
Market Update – December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 North Center - 52.2%- 45.1%+ 65.9% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50% 1-20091-20111-20131-20151-20171-20191-2021 Detached Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25%
Attached Single-Family b a NORTH CENTER
Local
1-20091-20111-20131-20151-20171-20191-2021

Local

Market Update | October 2021 Local Market Update | December 2022

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –

New Listings 2 1 - 50.0%79 65 - 17.7%

New Listings 2 1 - 50.0%79 65 - 17.7% Closed Sales 5 3 - 40.0%46 35 - 23.9%

Closed Sales 5 3 - 40.0%46 35 - 23.9%

Median Sales Price* $1,350,000 $1,125,000 - 16.7%$1,059,250 $1,175,000 + 10.9%

Median Sales Price* $1,350,000 $1,125,000 - 16.7%$1,059,250 $1,175,000 + 10.9%

Percent of Original List Price Received* 100.0% 93.6% - 6.4%96.0% 96.3% + 0.4%

Percent of Original List Price Received* 100.0% 93.6% - 6.4%96.0% 96.3% + 0.4%

Market Time 90 116 + 29.8%79 101 + 27.8%

Market Time 90 116 + 29.8%79 101 + 27.8%

Inventory of Homes for Sale 10 11 + 10.0%--

Inventory of Homes for Sale 10 11 + 10.0%--

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –

New Listings 58 23 - 60.3%1,791 1,278 - 28.6%

New Listings 58 23 - 60.3%1,791 1,278 - 28.6% Closed Sales 64 33 - 48.4%1,102 896 - 18.7%

Closed Sales 64 33 - 48.4%1,102 896 - 18.7%

Median Sales Price* $276,250 $250,000 - 9.5%$300,000 $305,000 + 1.7%

Median Sales Price* $276,250 $250,000 - 9.5%$300,000 $305,000 + 1.7%

Percent of Original List Price Received* 95.4% 95.6% + 0.2%97.8% 98.7% + 0.9%

Market Time 62 90 + 44.1%53 52 - 1.9% Inventory of Homes for Sale 145 79 - 45.5%--

Percent of Original List Price Received* 95.4% 95.6% + 0.2%97.8% 98.7% + 0.9% Market Time 62 90 + 44.1%53 52 - 1.9% Inventory of Homes for Sale 145 79 - 45.5%--

1-20091-20111-20131-20151-20171-20191-2021

Attached Single-Family b a

1-20091-20111-20131-20151-20171-20191-2021

KL OP AS ST RA TT ON
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Uptown Uptown All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date
A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Uptown - 60.0%- 47.8%- 41.9% Change in New Listings All Properties
in Closed Sales All Properties
in Inventory of Homes All Properties - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80% + 100%
Local Market Update – December 2022
Change
Change
Detached Single-Family b a - 50% - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40%
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All Uptown Uptown All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each 6 used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date Local Market Update – December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 Uptown - 60.0%- 47.8%- 41.9% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80% + 100%
Detached Single-Family b a - 50% - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40%
Attached Single-Family b a UPTOWN
1-20091-20111-20131-20151-20171-20191-2021
1-20091-20111-20131-20151-20171-20191-2021

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –

New Listings 11 8 - 27.3%466 444 - 4.7%

New Listings 11 8 - 27.3%466 444 - 4.7% Closed Sales 17 11 - 35.3%286 239 - 16.4%

Closed Sales 17 11 - 35.3%286 239 - 16.4%

Median Sales Price* $832,500 $870,000 + 4.5%$975,000 $1,100,000 + 12.8%

Median Sales Price* $832,500 $870,000 + 4.5%$975,000 $1,100,000 + 12.8%

Percent of Original List Price Received* 96.7% 92.7% - 4.1%97.1% 97.4% + 0.3%

Percent of Original List Price Received* 96.7% 92.7% - 4.1%97.1% 97.4% + 0.3%

Market Time 42 83 + 96.9%66 45 - 31.8%

Market Time 42 83 + 96.9%66 45 - 31.8%

Inventory of Homes for Sale 31 32 + 3.2%--

Inventory of Homes for Sale 31 32 + 3.2%--

12-202112-2022+ / –12-202112-2022+ / –

12-202112-2022+ / –12-202112-2022+ / –New Listings 74 37 - 50.0%3,443 2,648 - 23.1%

New Listings 74 37 - 50.0%3,443 2,648 - 23.1%

Closed Sales 105 53 - 49.5%1,998 1,554 - 22.2%

Closed Sales 105 53 - 49.5%1,998 1,554 - 22.2%

Median Sales Price* $510,000 $535,000 + 4.9%$503,500 $512,000 + 1.7%

Median Sales Price* $510,000 $535,000 + 4.9%$503,500 $512,000 + 1.7%

Percent of Original List Price Received* 97.4% 97.1% - 0.3%98.7% 99.0% + 0.3%

Percent of Original List Price Received* 97.4% 97.1% - 0.3%98.7% 99.0% + 0.3%

Market Time 67 76 + 13.0%58 49 - 15.5%

Inventory of Homes for Sale 191 128 - 33.0%--

Market Time 67 76 + 13.0%58 49 - 15.5% Inventory of Homes for Sale 191 128 - 33.0%--

Attached Single-Family b a

1-20091-20111-20131-20151-20171-20191-2021

KL OP AS ST RA TT ON
|
|
Local Market Update
October 2021 Local Market Update
December 2022
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All West Town West Town All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year
Date
December
A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 West Town - 47.1%- 47.5%- 27.9% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40%
to
Local Market Update –
2022
1-20091-20111-20131-20151-20171-20191-2021
Detached Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25%
Current as of January 14, 2023. All data from Midwest Real Estate Data. Report © 2023 ShowingTime. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Attached Single-Family December Year to Date Change in Median Sales Price from Prior Year (6-Month Average)† All West Town West Town All † Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each 6 used in a dot are proportioned according to their share of sales during that period. Detached Single-Family December Year to Date Local Market Update – December 2022 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of January 14, 2023 West Town - 47.1%- 47.5%- 27.9% Change in New Listings All Properties Change in Closed Sales All Properties Change in Inventory of Homes All Properties - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% 1-20091-20111-20131-20151-20171-20191-2021 Detached Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25% 1-20091-20111-20131-20151-20171-20191-2021 Attached Single-Family b a WEST TOWN

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