February 2024 Market Update

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Year

Year

Local Market Update | October 2021 Local Market Update | February 2024 2-20232-2024+ / –2-20232-2024+ / –New Listings 10 8 - 20.0%18 15 - 16.7% Closed Sales 2 9 + 350.0%8 13 + 62.5% Median Sales Price* $756,450 $540,000 - 28.6%$667,500 $730,000 + 9.4% Percent of Original List Price Received* 99.3% 99.0% - 0.4%96.9% 98.1% + 1.2% Market Time 161 39 - 75.5%123 41 - 66.7% Inventory of Homes for Sale 12 9 - 25.0%-2-20232-2024+ / –2-20232-2024+ / –New Listings 15 14 - 6.7%36 24 - 33.3% Closed Sales 10 7 - 30.0%14 12 - 14.3% Median Sales Price* $244,500 $340,000 + 39.1%$269,500 $301,500 + 11.9% Percent of Original List Price Received* 95.6% 99.3% + 3.9%96.1% 97.8% + 1.8% Market Time 102 135 + 32.1%92 106 + 15.9% Inventory of Homes for Sale 14 15 + 7.1%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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
February
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
February
to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Avondale - 12.0%+ 33.3%- 7.7% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80% + 100% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a 2-20232-2024+ / –2-20232-2024+ / –New Listings 10 8 - 20.0%18 15 - 16.7% Closed Sales 2 9 + 350.0%8 13 + 62.5% Median Sales Price* $756,450 $540,000 - 28.6%$667,500 $730,000 + 9.4% Percent of Original List Price Received* 99.3% 99.0% - 0.4%96.9% 98.1% + 1.2% Market Time 161 39 - 75.5%123 41 - 66.7% Inventory of Homes for Sale 12 9 - 25.0%-2-20232-2024+ / –2-20232-2024+ / –New Listings 15 14 - 6.7%36 24 - 33.3% Closed Sales 10 7 - 30.0%14 12 - 14.3% Median Sales Price* $244,500 $340,000 + 39.1%$269,500 $301,500 + 11.9% Percent of Original List Price Received* 95.6% 99.3% + 3.9%96.1% 97.8% + 1.8% Market Time 102 135 + 32.1%92 106 + 15.9% Inventory of Homes for Sale 14 15 + 7.1%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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 February 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 February Year to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Avondale - 12.0%+ 33.3%- 7.7% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80% + 100% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a AVONDALE
Local Market Update | October 2021 2-20232-2024+ / –2-20232-2024+ / –New Listings 23 23 0.0%49 53 + 8.2% Closed Sales 9 10 + 11.1%19 19 0.0% Median Sales Price* $495,000 $646,000 + 30.5%$545,000 $535,000 - 1.8% Percent of Original List Price Received* 92.9% 100.7% + 8.4%94.5% 99.3% + 5.1% Market Time 116 48 - 58.4%104 42 - 59.9% Inventory of Homes for Sale 32 30 - 6.3%-2-20232-2024+ / –2-20232-2024+ / –New Listings 23 23 0.0%41 40 - 2.4% Closed Sales 7 12 + 71.4%20 23 + 15.0% Median Sales Price* $219,000 $242,500 + 10.7%$216,250 $259,000 + 19.8% Percent of Original List Price Received* 96.3% 98.9% + 2.7%96.2% 99.7% + 3.7% Market Time 58 49 - 15.2%89 37 - 58.6% Inventory of Homes for Sale 28 21 - 25.0%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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 February 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 February Year to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Irving Park 0.0%+ 37.5%- 15.0% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023
Single-Family b a - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50% + 60% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a 2-20232-2024+ / –2-20232-2024+ / –New Listings 23 23 0.0%49 53 + 8.2% Closed Sales 9 10 + 11.1%19 19 0.0% Median Sales Price* $495,000 $646,000 + 30.5%$545,000 $535,000 - 1.8% Percent of Original List Price Received* 92.9% 100.7% + 8.4%94.5% 99.3% + 5.1% Market Time 116 48 - 58.4%104 42 - 59.9% Inventory of Homes for Sale 32 30 - 6.3%-2-20232-2024+ / –2-20232-2024+ / –New Listings 23 23 0.0%41 40 - 2.4% Closed Sales 7 12 + 71.4%20 23 + 15.0% Median Sales Price* $219,000 $242,500 + 10.7%$216,250 $259,000 + 19.8% Percent of Original List Price Received* 96.3% 98.9% + 2.7%96.2% 99.7% + 3.7% Market Time 58 49 - 15.2%89 37 - 58.6% Inventory of Homes for Sale 28 21 - 25.0%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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 February 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 February Year to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Irving Park 0.0%+ 37.5%- 15.0% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50% + 60% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a IRVING PARK Local Market Update | February 2024
Detached
Local Market Update | October 2021 2-20232-2024+ / –2-20232-2024+ / –New Listings 16 21 + 31.3%31 33 + 6.5% Closed Sales 2 7 + 250.0%4 12 + 200.0% Median Sales Price* $1,166,250 $1,650,000 + 41.5%$1,289,950 $1,587,500 + 23.1% Percent of Original List Price Received* 97.5% 94.6% - 3.0%94.2% 96.6% + 2.6% Market Time 51 97 + 92.9%92 111 + 20.7% Inventory of Homes for Sale 23 20 - 13.0%-2-20232-2024+ / –2-20232-2024+ / –New Listings 199 195 - 2.0%404 335 - 17.1% Closed Sales 88 94 + 6.8%146 152 + 4.1% Median Sales Price* $341,500 $441,500 + 29.3%$372,200 $422,000 + 13.4% Percent of Original List Price Received* 95.9% 99.0% + 3.2%96.2% 98.4% + 2.3% Market Time 83 60 - 28.1%84 60 - 27.8% Inventory of Homes for Sale 217 152 - 30.0%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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
February
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
Year to Date
February
Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Lake View + 0.5%+ 12.2%- 28.3% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023
Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25% + 30% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a 2-20232-2024+ / –2-20232-2024+ / –New Listings 16 21 + 31.3%31 33 + 6.5% Closed Sales 2 7 + 250.0%4 12 + 200.0% Median Sales Price* $1,166,250 $1,650,000 + 41.5%$1,289,950 $1,587,500 + 23.1% Percent of Original List Price Received* 97.5% 94.6% - 3.0%94.2% 96.6% + 2.6% Market Time 51 97 + 92.9%92 111 + 20.7% Inventory of Homes for Sale 23 20 - 13.0%-2-20232-2024+ / –2-20232-2024+ / –New Listings 199 195 - 2.0%404 335 - 17.1% Closed Sales 88 94 + 6.8%146 152 + 4.1% Median Sales Price* $341,500 $441,500 + 29.3%$372,200 $422,000 + 13.4% Percent of Original List Price Received* 95.9% 99.0% + 3.2%96.2% 98.4% + 2.3% Market Time 83 60 - 28.1%84 60 - 27.8% Inventory of Homes for Sale 217 152 - 30.0%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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
to
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
to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Lake View + 0.5%+ 12.2%- 28.3% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25% + 30% 1-20091-20111-20131-20151-20171-20191-20211-2023
Single-Family b a LAKEVIEW
Market Update | February 2024
Year to Date
Detached
February Year
Date
February Year
Attached
Local

Year

Year

Local Market Update | October 2021 2-20232-2024+ / –2-20232-2024+ / –New Listings 27 32 + 18.5%64 64 0.0% Closed Sales 7 8 + 14.3%12 15 + 25.0% Median Sales Price* $1,200,000 $2,042,500 + 70.2%$1,634,500 $1,825,000 + 11.7% Percent of Original List Price Received* 95.4% 95.2% - 0.2%96.8% 95.5% - 1.3% Market Time 91 158 + 74.0%102 142 + 39.6% Inventory of Homes for Sale 47 52 + 10.6%-2-20232-2024+ / –2-20232-2024+ / –New Listings 131 148 + 13.0%241 247 + 2.5% Closed Sales 57 57 0.0%92 92 0.0% Median Sales Price* $505,000 $725,000 + 43.6%$500,000 $622,500 + 24.5% Percent of Original List Price Received* 96.8% 97.3% + 0.5%96.6% 97.1% + 0.6% Market Time 87 64 - 25.8%82 59 - 27.4% Inventory of Homes for Sale 149 125 - 16.1%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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
February
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
February
to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Lincoln Park + 13.9%+ 1.6%- 9.7% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a 2-20232-2024+ / –2-20232-2024+ / –New Listings 27 32 + 18.5%64 64 0.0% Closed Sales 7 8 + 14.3%12 15 + 25.0% Median Sales Price* $1,200,000 $2,042,500 + 70.2%$1,634,500 $1,825,000 + 11.7% Percent of Original List Price Received* 95.4% 95.2% - 0.2%96.8% 95.5% - 1.3% Market Time 91 158 + 74.0%102 142 + 39.6% Inventory of Homes for Sale 47 52 + 10.6%-2-20232-2024+ / –2-20232-2024+ / –New Listings 131 148 + 13.0%241 247 + 2.5% Closed Sales 57 57 0.0%92 92 0.0% Median Sales Price* $505,000 $725,000 + 43.6%$500,000 $622,500 + 24.5% Percent of Original List Price Received* 96.8% 97.3% + 0.5%96.6% 97.1% + 0.6% Market Time 87 64 - 25.8%82 59 - 27.4% Inventory of Homes for Sale 149 125 - 16.1%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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.
Single-Family
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
to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Lincoln Park + 13.9%+ 1.6%- 9.7% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023
Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25% 1-20091-20111-20131-20151-20171-20191-20211-2023
Single-Family b a
Market Update | June 2023
Market Update | February 2024
Attached
February Year
February Year
Detached
Attached
LINCOLN PARK Local
Local

Year

Local Market Update | October 2021 2-20232-2024+ / –2-20232-2024+ / –New Listings 13 7 - 46.2%28 19 - 32.1% Closed Sales 3 2 - 33.3%5 6 + 20.0% Median Sales Price* $1,250,000 $1,898,750 + 51.9%$1,090,000 $1,116,250 + 2.4% Percent of Original List Price Received* 97.8% 97.5% - 0.2%97.9% 99.2% + 1.4% Market Time 158 144 - 8.7%119 68 - 42.6% Inventory of Homes for Sale 18 10 - 44.4%-2-20232-2024+ / –2-20232-2024+ / –New Listings 28 20 - 28.6%54 43 - 20.4% Closed Sales 13 13 0.0%29 21 - 27.6% Median Sales Price* $370,000 $265,000 - 28.4%$345,000 $325,000 - 5.8% Percent of Original List Price Received* 98.4% 100.6% + 2.3%97.6% 99.8% + 2.2% Market Time 47 38 - 18.6%46 32 - 31.1% Inventory of Homes for Sale 19 23 + 21.1%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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
February
to
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
Date
February
Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Lincoln Square - 34.1%- 6.3%- 10.8% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80% + 100% + 120% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a 2-20232-2024+ / –2-20232-2024+ / –New Listings 13 7 - 46.2%28 19 - 32.1% Closed Sales 3 2 - 33.3%5 6 + 20.0% Median Sales Price* $1,250,000 $1,898,750 + 51.9%$1,090,000 $1,116,250 + 2.4% Percent of Original List Price Received* 97.8% 97.5% - 0.2%97.9% 99.2% + 1.4% Market Time 158 144 - 8.7%119 68 - 42.6% Inventory of Homes for Sale 18 10 - 44.4%-2-20232-2024+ / –2-20232-2024+ / –New Listings 28 20 - 28.6%54 43 - 20.4% Closed Sales 13 13 0.0%29 21 - 27.6% Median Sales Price* $370,000 $265,000 - 28.4%$345,000 $325,000 - 5.8% Percent of Original List Price Received* 98.4% 100.6% + 2.3%97.6% 99.8% + 2.2% Market Time 47 38 - 18.6%46 32 - 31.1% Inventory of Homes for Sale 19 23 + 21.1%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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 February
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 February Year to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Lincoln Square - 34.1%- 6.3%- 10.8% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 60% - 40% - 20% 0% + 20% + 40% + 60% + 80% + 100% + 120% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a LINCOLN SQUARE Local Market Update | June 2023 Local Market Update | February 2024
Year to Date
Year
Local Market Update | October 2021 2-20232-2024+ / –2-20232-2024+ / –New Listings 27 38 + 40.7%56 57 + 1.8% Closed Sales 11 14 + 27.3%19 20 + 5.3% Median Sales Price* $1,090,000 $983,150 - 9.8%$985,000 $950,650 - 3.5% Percent of Original List Price Received* 98.6% 95.5% - 3.1%97.7% 95.5% - 2.3% Market Time 56 92 + 65.1%76 102 + 34.2% Inventory of Homes for Sale 31 29 - 6.5%-2-20232-2024+ / –2-20232-2024+ / –New Listings 64 50 - 21.9%116 106 - 8.6% Closed Sales 24 33 + 37.5%42 52 + 23.8% Median Sales Price* $557,500 $450,000 - 19.3%$494,250 $484,000 - 2.1% Percent of Original List Price Received* 97.9% 99.9% + 2.0%97.6% 98.6% + 1.1% Market Time 98 50 - 49.1%88 61 - 30.6% Inventory of Homes for Sale 55 37 - 32.7%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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 February
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 February
to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Logan Square - 3.3%+ 34.3%- 23.3% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% 1-20091-20111-20131-20151-20171-20191-20211-2023
Single-Family b a 2-20232-2024+ / –2-20232-2024+ / –New Listings 27 38 + 40.7%56 57 + 1.8% Closed Sales 11 14 + 27.3%19 20 + 5.3% Median Sales Price* $1,090,000 $983,150 - 9.8%$985,000 $950,650 - 3.5% Percent of Original List Price Received* 98.6% 95.5% - 3.1%97.7% 95.5% - 2.3% Market Time 56 92 + 65.1%76 102 + 34.2% Inventory of Homes for Sale 31 29 - 6.5%-2-20232-2024+ / –2-20232-2024+ / –New Listings 64 50 - 21.9%116 106 - 8.6% Closed Sales 24 33 + 37.5%42 52 + 23.8% Median Sales Price* $557,500 $450,000 - 19.3%$494,250 $484,000 - 2.1% Percent of Original List Price Received* 97.9% 99.9% + 2.0%97.6% 98.6% + 1.1% Market Time 98 50 - 49.1%88 61 - 30.6% Inventory of Homes for Sale 55 37 - 32.7%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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.
Single-Family February 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.
Single-Family February
to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Logan Square - 3.3%+ 34.3%- 23.3% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023
Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% 1-20091-20111-20131-20151-20171-20191-20211-2023
Single-Family b a LOGAN SQUARE
Market Update | February 2024
Year
Year
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Attached
Detached
Year
Detached
Attached
Local
Local Market Update | October 2021 2-20232-2024+ / –2-20232-2024+ / –New Listings 0 0 1 0 - 100.0% Closed Sales 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 0 2-20232-2024+ / –2-20232-2024+ / –New Listings 128 126 - 1.6%252 234 - 7.1% Closed Sales 41 43 + 4.9%77 81 + 5.2% Median Sales Price* $285,000 $387,000 + 35.8%$300,000 $387,500 + 29.2% Percent of Original List Price Received* 94.9% 96.6% + 1.9%94.3% 96.0% + 1.8% Market Time 156 91 - 41.6%146 105 - 27.8% Inventory of Homes for Sale 280 231 - 17.5%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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
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
Year to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Loop - 1.6%+ 4.9%- 17.5% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50% 1-20091-20111-20131-20151-20171-20191-20211-2023
Single-Family b a 2-20232-2024+ / –2-20232-2024+ / –New Listings 0 0 1 0 - 100.0% Closed Sales 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 0 2-20232-2024+ / –2-20232-2024+ / –New Listings 128 126 - 1.6%252 234 - 7.1% Closed Sales 41 43 + 4.9%77 81 + 5.2% Median Sales Price* $285,000 $387,000 + 35.8%$300,000 $387,500 + 29.2% Percent of Original List Price Received* 94.9% 96.6% + 1.9%94.3% 96.0% + 1.8% Market Time 156 91 - 41.6%146 105 - 27.8% Inventory of Homes for Sale 280 231 - 17.5%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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 February 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 February Year to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Loop - 1.6%+ 4.9%- 17.5% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023
Single-Family b a - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50% 1-20091-20111-20131-20151-20171-20191-20211-2023
Single-Family b a LOOP Local Market Update | February 2024
February Year
February
Attached
Detached
Attached
Local Market Update | October 2021 2-20232-2024+ / –2-20232-2024+ / –New Listings 7 10 + 42.9%10 19 + 90.0% Closed Sales 5 2 - 60.0%7 5 - 28.6% Median Sales Price* $2,650,000 $4,150,000 + 56.6%$2,600,000 $2,300,000 - 11.5% Percent of Original List Price Received* 81.1% 93.8% + 15.7%85.7% 95.4% + 11.4% Market Time 654 147 - 77.5%532 237 - 55.5% Inventory of Homes for Sale 21 38 + 81.0%-2-20232-2024+ / –2-20232-2024+ / –New Listings 460 534 + 16.1%948 1,005 + 6.0% Closed Sales 146 173 + 18.5%268 311 + 16.0% Median Sales Price* $385,000 $352,500 - 8.4%$373,450 $380,000 + 1.8% Percent of Original List Price Received* 95.5% 95.7% + 0.2%95.3% 95.6% + 0.3% Market Time 127 138 + 8.6%126 137 + 8.8% Inventory of Homes for Sale 1,035 975 - 5.8%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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
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 February Year to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Near North Side + 16.5%+ 15.9%- 4.1% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a 2-20232-2024+ / –2-20232-2024+ / –New Listings 7 10 + 42.9%10 19 + 90.0% Closed Sales 5 2 - 60.0%7 5 - 28.6% Median Sales Price* $2,650,000 $4,150,000 + 56.6%$2,600,000 $2,300,000 - 11.5% Percent of Original List Price Received* 81.1% 93.8% + 15.7%85.7% 95.4% + 11.4% Market Time 654 147 - 77.5%532 237 - 55.5% Inventory of Homes for Sale 21 38 + 81.0%-2-20232-2024+ / –2-20232-2024+ / –New Listings 460 534 + 16.1%948 1,005 + 6.0% Closed Sales 146 173 + 18.5%268 311 + 16.0% Median Sales Price* $385,000 $352,500 - 8.4%$373,450 $380,000 + 1.8% Percent of Original List Price Received* 95.5% 95.7% + 0.2%95.3% 95.6% + 0.3% Market Time 127 138 + 8.6%126 137 + 8.8% Inventory of Homes for Sale 1,035 975 - 5.8%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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 February
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
to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Near North Side + 16.5%+ 15.9%- 4.1% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a NEAR NORTH SIDE Local Market Update | February 2024
February Year
Year
February Year
Local Market Update | October 2021 2-20232-2024+ / –2-20232-2024+ / –New Listings 1 1 0.0%2 1 - 50.0% Closed Sales 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 2 3 + 50.0%-2-20232-2024+ / –2-20232-2024+ / –New Listings 87 95 + 9.2%166 161 - 3.0% Closed Sales 28 28 0.0%53 49 - 7.5% Median Sales Price* $390,000 $431,250 + 10.6%$390,000 $410,000 + 5.1% Percent of Original List Price Received* 102.2% 100.1% - 2.1%100.0% 100.2% + 0.2% Market Time 134 118 - 11.9%111 115 + 3.8% Inventory of Homes for Sale 141 115 - 18.4%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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 February 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.
Single-Family
Year to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024
South Side + 9.1%0.0%- 17.5% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a 2-20232-2024+ / –2-20232-2024+ / –New Listings 1 1 0.0%2 1 - 50.0% Closed Sales 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 2 3 + 50.0%-2-20232-2024+ / –2-20232-2024+ / –New Listings 87 95 + 9.2%166 161 - 3.0% Closed Sales 28 28 0.0%53 49 - 7.5% Median Sales Price* $390,000 $431,250 + 10.6%$390,000 $410,000 + 5.1% Percent of Original List Price Received* 102.2% 100.1% - 2.1%100.0% 100.2% + 0.2% Market Time 134 118 - 11.9%111 115 + 3.8% Inventory of Homes for Sale 141 115 - 18.4%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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
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
to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Near South Side + 9.1%0.0%- 17.5% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% + 50% 1-20091-20111-20131-20151-20171-20191-20211-2023
Single-Family b a NEAR SOUTH SIDE Local Market Update | February 2024
Detached
February
Near
February Year
February Year
Attached
Local Market Update | October 2021 2-20232-2024+ / –2-20232-2024+ / –New Listings 4 5 + 25.0%7 9 + 28.6% Closed Sales 0 0 3 0 - 100.0% Median Sales Price* $0 $0 --$1,050,000 $0 - 100.0% Percent of Original List Price Received* 0.0% 0.0% --92.2% 0.0% - 100.0% Market Time 0 0 100 0 - 100.0% Inventory of Homes for Sale 10 10 0.0%-2-20232-2024+ / –2-20232-2024+ / –New Listings 130 154 + 18.5%254 274 + 7.9% Closed Sales 52 49 - 5.8%96 86 - 10.4% Median Sales Price* $435,000 $425,000 - 2.3%$447,500 $421,250 - 5.9% Percent of Original List Price Received* 100.3% 99.1% - 1.1%100.4% 99.4% - 1.1% Market Time 86 89 + 3.6%83 82 - 1.7% Inventory of Homes for Sale 187 179 - 4.3%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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.
Single-Family February 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
Year to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Near West Side + 18.7%- 5.8%- 4.1% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a 2-20232-2024+ / –2-20232-2024+ / –New Listings 4 5 + 25.0%7 9 + 28.6% Closed Sales 0 0 3 0 - 100.0% Median Sales Price* $0 $0 --$1,050,000 $0 - 100.0% Percent of Original List Price Received* 0.0% 0.0% --92.2% 0.0% - 100.0% Market Time 0 0 100 0 - 100.0% Inventory of Homes for Sale 10 10 0.0%-2-20232-2024+ / –2-20232-2024+ / –New Listings 130 154 + 18.5%254 274 + 7.9% Closed Sales 52 49 - 5.8%96 86 - 10.4% Median Sales Price* $435,000 $425,000 - 2.3%$447,500 $421,250 - 5.9% Percent of Original List Price Received* 100.3% 99.1% - 1.1%100.4% 99.4% - 1.1% Market Time 86 89 + 3.6%83 82 - 1.7% Inventory of Homes for Sale 187 179 - 4.3%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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
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.
Single-Family
Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Near West Side + 18.7%- 5.8%- 4.1% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 30% - 20% - 10% 0% + 10% + 20% + 30% 1-20091-20111-20131-20151-20171-20191-20211-2023
Single-Family b a NEAR WEST SIDE
Market Update | February 2024
Attached
February
February Year to Date
Detached
February Year to Date
Attached
Local
Local Market Update | October 2021 2-20232-2024+ / –2-20232-2024+ / –New Listings 21 21 0.0%35 45 + 28.6% Closed Sales 7 9 + 28.6%11 18 + 63.6% Median Sales Price* $890,000 $1,130,000 + 27.0%$1,010,000 $1,370,000 + 35.6% Percent of Original List Price Received* 95.0% 96.3% + 1.3%96.3% 96.7% + 0.5% Market Time 94 93 - 1.5%68 72 + 5.8% Inventory of Homes for Sale 21 21 0.0%-2-20232-2024+ / –2-20232-2024+ / –New Listings 42 40 - 4.8%82 77 - 6.1% Closed Sales 22 8 - 63.6%37 21 - 43.2% Median Sales Price* $478,000 $561,250 + 17.4%$510,000 $474,900 - 6.9% Percent of Original List Price Received* 98.4% 97.9% - 0.6%98.2% 98.9% + 0.7% Market Time 97 56 - 42.1%85 64 - 25.0% Inventory of Homes for Sale 41 34 - 17.1%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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
February
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
to
Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 North Center - 3.2%- 41.4%- 11.3% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a 2-20232-2024+ / –2-20232-2024+ / –New Listings 21 21 0.0%35 45 + 28.6% Closed Sales 7 9 + 28.6%11 18 + 63.6% Median Sales Price* $890,000 $1,130,000 + 27.0%$1,010,000 $1,370,000 + 35.6% Percent of Original List Price Received* 95.0% 96.3% + 1.3%96.3% 96.7% + 0.5% Market Time 94 93 - 1.5%68 72 + 5.8% Inventory of Homes for Sale 21 21 0.0%-2-20232-2024+ / –2-20232-2024+ / –New Listings 42 40 - 4.8%82 77 - 6.1% Closed Sales 22 8 - 63.6%37 21 - 43.2% Median Sales Price* $478,000 $561,250 + 17.4%$510,000 $474,900 - 6.9% Percent of Original List Price Received* 98.4% 97.9% - 0.6%98.2% 98.9% + 0.7% Market Time 97 56 - 42.1%85 64 - 25.0% Inventory of Homes for Sale 41 34 - 17.1%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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.
Single-Family
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
to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 North Center - 3.2%- 41.4%- 11.3% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a NORTH CENTER Local Market Update | February 2024
Year to Date
February Year
Date
Attached
February Year
February Year

Year

Year

Year

Year

Local Market Update | October 2021 2-20232-2024+ / –2-20232-2024+ / –New Listings 2 11 + 450.0%7 18 + 157.1% Closed Sales 1 2 + 100.0%1 3 + 200.0% Median Sales Price* $1,450,000 $1,608,250 + 10.9%$1,450,000 $1,200,000 - 17.2% Percent of Original List Price Received* 53.7% 91.3% + 70.0%53.7% 92.9% + 72.9% Market Time 162 376 + 132.1%162 316 + 94.9% Inventory of Homes for Sale 12 12 0.0%-2-20232-2024+ / –2-20232-2024+ / –New Listings 77 80 + 3.9%141 159 + 12.8% Closed Sales 37 41 + 10.8%64 65 + 1.6% Median Sales Price* $315,000 $365,000 + 15.9%$286,850 $359,000 + 25.2% Percent of Original List Price Received* 97.8% 98.8% + 1.0%96.7% 97.4% + 0.7% Market Time 80 52 - 34.8%81 50 - 38.3% Inventory of Homes for Sale 66 80 + 21.2%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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
February
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
February
to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Uptown + 15.2%+ 13.2%+ 17.9% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 50% - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a 2-20232-2024+ / –2-20232-2024+ / –New Listings 2 11 + 450.0%7 18 + 157.1% Closed Sales 1 2 + 100.0%1 3 + 200.0% Median Sales Price* $1,450,000 $1,608,250 + 10.9%$1,450,000 $1,200,000 - 17.2% Percent of Original List Price Received* 53.7% 91.3% + 70.0%53.7% 92.9% + 72.9% Market Time 162 376 + 132.1%162 316 + 94.9% Inventory of Homes for Sale 12 12 0.0%-2-20232-2024+ / –2-20232-2024+ / –New Listings 77 80 + 3.9%141 159 + 12.8% Closed Sales 37 41 + 10.8%64 65 + 1.6% Median Sales Price* $315,000 $365,000 + 15.9%$286,850 $359,000 + 25.2% Percent of Original List Price Received* 97.8% 98.8% + 1.0%96.7% 97.4% + 0.7% Market Time 80 52 - 34.8%81 50 - 38.3% Inventory of Homes for Sale 66 80 + 21.2%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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
February
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
February
to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 Uptown + 15.2%+ 13.2%+ 17.9% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023
Single-Family b a - 50% - 40% - 30% - 20% - 10% 0% + 10% + 20% + 30% + 40% 1-20091-20111-20131-20151-20171-20191-20211-2023
Single-Family b a UPTOWN
Market Update | February 2024
Detached
Attached
Local
Local Market Update | October 2021 2-20232-2024+ / –2-20232-2024+ / –New Listings 23 36 + 56.5%56 59 + 5.4% Closed Sales 14 7 - 50.0%22 14 - 36.4% Median Sales Price* $1,188,500 $1,210,000 + 1.8%$1,188,500 $1,360,000 + 14.4% Percent of Original List Price Received* 96.3% 99.4% + 3.2%96.1% 98.0% + 2.0% Market Time 115 102 - 11.3%97 88 - 9.1% Inventory of Homes for Sale 28 44 + 57.1%-2-20232-2024+ / –2-20232-2024+ / –New Listings 162 203 + 25.3%324 357 + 10.2% Closed Sales 46 59 + 28.3%105 104 - 1.0% Median Sales Price* $511,500 $522,500 + 2.2%$521,000 $519,000 - 0.4% Percent of Original List Price Received* 98.5% 99.7% + 1.3%98.0% 98.9% + 0.8% Market Time 62 59 - 4.1%80 59 - 26.7% Inventory of Homes for Sale 157 150 - 4.5%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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
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
to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 West Town + 29.2%+ 10.0%+ 4.9% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a 2-20232-2024+ / –2-20232-2024+ / –New Listings 23 36 + 56.5%56 59 + 5.4% Closed Sales 14 7 - 50.0%22 14 - 36.4% Median Sales Price* $1,188,500 $1,210,000 + 1.8%$1,188,500 $1,360,000 + 14.4% Percent of Original List Price Received* 96.3% 99.4% + 3.2%96.1% 98.0% + 2.0% Market Time 115 102 - 11.3%97 88 - 9.1% Inventory of Homes for Sale 28 44 + 57.1%-2-20232-2024+ / –2-20232-2024+ / –New Listings 162 203 + 25.3%324 357 + 10.2% Closed Sales 46 59 + 28.3%105 104 - 1.0% Median Sales Price* $511,500 $522,500 + 2.2%$521,000 $519,000 - 0.4% Percent of Original List Price Received* 98.5% 99.7% + 1.3%98.0% 98.9% + 0.8% Market Time 62 59 - 4.1%80 59 - 26.7% Inventory of Homes for Sale 157 150 - 4.5%-Current as of March 14, 2024. All data from Midwest Real Estate Data. Report © 2024 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
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
to Date Local Market Update – February 2024 A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of March 14, 2024 West Town + 29.2%+ 10.0%+ 4.9% 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% 1-20091-20111-20131-20151-20171-20191-20211-2023 Detached Single-Family b a - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% + 15% + 20% + 25% 1-20091-20111-20131-20151-20171-20191-20211-2023 Attached Single-Family b a WEST TOWN Local Market Update | February 2024
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