February 2021 Market Update

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Local Market Market Update Update –– February February 2021 2021 Local

ResearchTool ToolProvided Provided bythe Chicago AssociationofofREALTORS® REALTORS® K L by O Pthe AChicago S AAResearch Association S T RONLY AT T O NData current as of March 14, 2021 RESIDENTIALACTIVITY ACTIVITY RESIDENTIAL ONLY | | Data current as of March 14, 2021

AVONDALE

Avondale Avondale

Local Market Update | February 2021

8.6% ++ 8.6%

9.5% -- 9.5%

23.1% -- 23.1%

Changeinin Change NewListings Listings New AllProperties Properties All

Changeinin Change ClosedSales Sales Closed AllProperties Properties All

Changeinin Change Inventoryof ofHomes Homes Inventory AllProperties Properties All

February February

DetachedSingle-Family Single-Family Detached

NewListings Listings New Closed Sales Closed Sales

MedianSales SalesPrice* Price* Median Percent of Original ListPrice PriceReceived* Received* Percent of Original List

Yearto toDate Date Year

2-2020 2-2020 14 14

2-2021 2-2021 12 12

++/ /–– 14.3% - -14.3%

2-2020 2-2020 30 30

2-2021 2-2021 20 20

++/ /–– 33.3% - -33.3%

77 $435,000 $435,000 96.7% 96.7%

77 $456,000 $456,000 95.8% 95.8%

0.0% 0.0% + 4.8% + 4.8% 0.9% - 0.9%

11 11 $435,000 $435,000 96.6% 96.6%

13 13 $456,000 $456,000 97.5% 97.5%

18.2% ++18.2% + 4.8% + 4.8%

29 29 20 20

65 65 55

125.7% ++125.7% 75.0% - -75.0%

21 21 ----

54 54 ----

MarketTime Time Market InventoryofofHomes Homesfor forSale Sale Inventory

February February

AttachedSingle-Family Single-Family Attached

NewListings Listings New Closed Sales Closed Sales

MedianSales SalesPrice* Price* Median Percent of Original ListPrice PriceReceived* Received* Percent of Original List

2-2020 2-2020 21 21

2-2021 2-2021 26 26

14 14 $389,500 $389,500 99.7% 99.7%

12 12 $440,000 $440,000 98.3% 98.3%

105 105 19 19

92 92 25 25

MarketTime Time Market Inventory Homesfor forSale Sale Inventory ofofHomes

0.9% ++0.9% + 157.1% + 157.1% ----

Yearto toDate Date Year ++/ /–– 23.8% ++23.8% 14.3% - 14.3%

2-2020 2-2020 45 45

2-2021 2-2021 54 54

13.0% ++13.0% 1.4% - 1.4%

21 21 $380,000 $380,000 97.7% 97.7%

21 21 $361,500 $361,500 100.3% 100.3%

12.9% - -12.9% + 31.6% + 31.6%

103 103 ----

68 68 ----

++/ /–– 20.0% ++20.0% 0.0% 0.0% 4.9% - -4.9% + 2.6% + 2.6% 34.0% - -34.0% ----

* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.

Changein inMedian MedianSales SalesPrice Price from from Prior Prior Year Year(6-Month (6-MonthAverage) Average)†† Change DetachedSingle-Family Single-Family Detached

All All Avondale Avondale

+ 140% + 140%

bb aa

+ 120% + 120%

All All Avondale Avondale

+ 100% + 100%

bb aa

+ 80% + 80%

+ 100% + 100%

+ 60% + 60%

+ 80% + 80%

+ 40% + 40%

+ 60% + 60%

+ 20% + 20%

+ 40% + 40% + 20% + 20%

0% 0%

0% 0%

- 20% - 20%

- 20% - 20%

- 40% - 40%

- 40% - 40% - 60% - 60% 1-2009 1-2009

AttachedSingle-Family Single-Family Attached

1-2011 1-2011

1-2013 1-2013

1-2015 1-2015

1-2017 1-2017

1-2019 1-2019

1-2021 1-2021

- 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

Eachdot dotrepresents representsthe thechange changeininmedian mediansales salesprice pricefrom fromthe theprior prioryear yearusing usingaa6-month 6-monthweighted weightedaverage. average. ††Each Thismeans meansthat thateach eachofofthe the66months monthsused usedininaadot dotare areproportioned proportionedaccording accordingtototheir theirshare shareofofsales salesduring duringthat thatperiod. period. This Current as of March 14, 2021. All data from Midwest Real Estate Data. Report © 2021 ShowingTime. Current as of March 14, 2021. All data from Midwest Real Estate Data. Report © 2021 ShowingTime.


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