Local Market Market Update Update –– January Local January 2024 2024
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024
AVONDALE
-- 44.8% 44.8%
-- 20.0% 20.0%
-- 29.0% 29.0%
Local Update| October | January 2024 LocalMarket Market Update 2021
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Avondale
January January
Detached Single-Family Single-Family Detached
1-2023 1-2023 8 8 6 6 $667,500 $667,500 96.1% 96.1% 110 110 14 14
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2024 1-2024 7 7 3 3 $750,000 $750,000 95.5% 95.5% 45 45 10 10
Year Year to to Date Date +/– +/– - 12.5% - 12.5% - 50.0% - 50.0% + 12.4% + 12.4% - 0.7% - 0.7% - 58.9% - 58.9% - 28.6% - 28.6%
1-2023 1-2023 8 8 6 6 $667,500 $667,500 96.1% 96.1% 110 110 ---
January January
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2023 1-2023 21 21
1-2024 1-2024 99
44 $387,500 $387,500
55 $288,000 $288,000
97.4% 97.4% 66 66
95.8% 95.8% 66 66
17 17
12 12
1-2024 1-2024 7 7 3 3 $750,000 $750,000 95.5% 95.5% 45 45 ---
+/– +/– - 12.5% - 12.5% - 50.0% - 50.0% + 12.4% + 12.4% - 0.7% - 0.7% - 58.9% - 58.9% ---
Year Year to to Date Date ++ // –– -- 57.1% 57.1% ++ 25.0% 25.0% -- 25.7% 25.7% -- 1.7% 1.7%
1-2023 1-2023 21 21
1-2024 1-2024 99
44 $387,500 $387,500
55 $288,000 $288,000
97.4% 97.4% 66 66
95.8% 95.8% 66 66
---
---
++ 1.0% 1.0% -- 29.4% 29.4%
++ // –– -- 57.1% 57.1% ++ 25.0% 25.0% -- 25.7% 25.7% -- 1.7% 1.7% ++ 1.0% 1.0% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Avondale Avondale
+ 140% 140% + + 120% 120% +
bb aa
Attached Single-Family
All All Avondale Avondale
++ 100% 100%
bb aa
++ 80% 80%
+ 100% 100% +
++ 60% 60%
+ 80% 80% + ++ 40% 40%
+ 60% 60% +
++ 20% 20%
+ 40% 40% + + 20% 20% +
0% 0%
0% 0% -- 20% 20% - 20%
-- 40% 40%
- 40% - 60% 1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 60% 60% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of February February 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– January Local January 2024 2024
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024
IRVING PARK
+ + 4.5% 4.5%
-- 13.0% 13.0%
-- 20.9% 20.9%
Local Update| October | January 2024 LocalMarket Market Update 2021
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Irving Park
January January
Detached Single-Family Single-Family Detached
1-2023 1-2023 26 26 10 10 $646,250 $646,250 95.9% 95.9% 93 93 36 36
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2024 1-2024 30 30 9 9 $380,000 $380,000 97.8% 97.8% 34 34 35 35
Year Year to to Date Date +/– +/– + 15.4% + 15.4% - 10.0% - 10.0% - 41.2% - 41.2% + 2.0% + 2.0% - 63.0% - 63.0% - 2.8% - 2.8%
1-2023 1-2023 26 26 10 10 $646,250 $646,250 95.9% 95.9% 93 93 ---
January January
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2023 1-2023 18 18
1-2024 1-2024 16 16
13 13 $213,500 $213,500
11 11 $291,000 $291,000
96.1% 96.1% 106 106
100.5% 100.5% 24 24
31 31
18 18
1-2024 1-2024 30 30 9 9 $380,000 $380,000 97.8% 97.8% 34 34 ---
+/– +/– + 15.4% + 15.4% - 10.0% - 10.0% - 41.2% - 41.2% + 2.0% + 2.0% - 63.0% - 63.0% ---
Year Year to to Date Date ++ // –– -- 11.1% 11.1% -- 15.4% 15.4% ++ 36.3% 36.3% ++ 4.6% 4.6%
1-2023 1-2023 18 18
1-2024 1-2024 16 16
13 13 $213,500 $213,500
11 11 $291,000 $291,000
96.1% 96.1% 106 106
100.5% 100.5% 24 24
---
---
-- 77.6% 77.6% -- 41.9% 41.9%
++ // –– -- 11.1% 11.1% -- 15.4% 15.4% ++ 36.3% 36.3% ++ 4.6% 4.6% -- 77.6% 77.6% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Irving Irving Park Park
+ 50% 50% +
bb aa
Attached Single-Family
All All Irving Irving Park Park
++ 60% 60%
bb aa
++ 50% 50%
+ 40% 40% +
++ 40% 40%
+ 30% 30% +
++ 30% 30%
+ 20% 20% +
++ 20% 20%
+ 10% 10% +
++ 10% 10% 0% 0%
0% 0%
10% -- 10%
-- 10% 10%
- 20%
-- 20% 20%
- 30% - 40% 1-2009
-- 30% 30%
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 40% 40% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of February February 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– January Local January 2024 2024
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024
LAKEVIEW
-- 32.7% 32.7%
+ + 5.0% 5.0%
-- 43.4% 43.4%
Local Update| October | January 2024 LocalMarket Market Update 2021
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Lake View
January January
Detached Single-Family Single-Family Detached
1-2023 1-2023 15 15 2 2 $1,289,950 $1,289,950 90.8% 90.8% 134 134 26 26
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2024 1-2024 11 11 5 5 $1,420,000 $1,420,000 99.4% 99.4% 130 130 13 13
Year Year to to Date Date +/– +/– - 26.7% - 26.7% + 150.0% + 150.0% + 10.1% + 10.1% + 9.4% + 9.4% - 2.6% - 2.6% - 50.0% - 50.0%
1-2023 1-2023 15 15 2 2 $1,289,950 $1,289,950 90.8% 90.8% 134 134 ---
January January
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2023 1-2023 205 205
1-2024 1-2024 137 137
58 58 $428,000 $428,000
58 58 $375,000 $375,000
96.6% 96.6% 85 85
97.5% 97.5% 62 62
218 218
125 125
1-2024 1-2024 11 11 5 5 $1,420,000 $1,420,000 99.4% 99.4% 130 130 ---
+/– +/– - 26.7% - 26.7% + 150.0% + 150.0% + 10.1% + 10.1% + 9.4% + 9.4% - 2.6% - 2.6% ---
Year Year to to Date Date ++ // –– -- 33.2% 33.2% 0.0% 0.0% -- 12.4% 12.4% ++ 0.9% 0.9%
1-2023 1-2023 205 205
1-2024 1-2024 137 137
58 58 $428,000 $428,000
58 58 $375,000 $375,000
96.6% 96.6% 85 85
97.5% 97.5% 62 62
---
---
-- 27.1% 27.1% -- 42.7% 42.7%
++ // –– -- 33.2% 33.2% 0.0% 0.0% -- 12.4% 12.4% ++ 0.9% 0.9% -- 27.1% 27.1% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Lake Lake View View
+ 40% 40% +
bb aa
Attached Single-Family
All All Lake Lake View View
++ 30% 30%
bb aa
++ 25% 25%
+ 30% 30% +
++ 20% 20%
+ 20% 20% +
++ 15% 15%
+ 10% 10% +
++ 10% 10%
0% 0%
++ 5% 5%
10% -- 10%
0% 0% -- 5% 5%
20% -- 20%
-- 10% 10% - 30%
-- 15% 15%
- 40% - 50% 1-2009
-- 20% 20%
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 25% 25% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of February February 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– January Local January 2024 2024
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024
LINCOLN PARK
-- 14.3% 14.3%
+ + 5.0% 5.0%
-- 30.3% 30.3%
Local Local Market Update Update | January | June2021 2023 2024 LocalMarket Market Update | October
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Lincoln Park
January January
Detached Single-Family Single-Family Detached
1-2023 1-2023 37 37 5 5 $2,100,000 $2,100,000 98.7% 98.7% 117 117 45 45
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2024 1-2024 30 30 7 7 $1,825,000 $1,825,000 95.9% 95.9% 124 124 45 45
Year Year to to Date Date +/– +/– - 18.9% - 18.9% + 40.0% + 40.0% - 13.1% - 13.1% - 2.8% - 2.8% + 5.7% + 5.7% 0.0% 0.0%
1-2023 1-2023 37 37 5 5 $2,100,000 $2,100,000 98.7% 98.7% 117 117 ---
January January
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2023 1-2023 110 110
1-2024 1-2024 96 96
35 35 $495,000 $495,000
35 35 $557,500 $557,500
96.2% 96.2% 73 73
96.9% 96.9% 51 51
163 163
100 100
1-2024 1-2024 30 30 7 7 $1,825,000 $1,825,000 95.9% 95.9% 124 124 ---
+/– +/– - 18.9% - 18.9% + 40.0% + 40.0% - 13.1% - 13.1% - 2.8% - 2.8% + 5.7% + 5.7% ---
Year Year to to Date Date ++ // –– -- 12.7% 12.7% 0.0% 0.0% ++ 12.6% 12.6% ++ 0.7% 0.7%
1-2023 1-2023 110 110
1-2024 1-2024 96 96
35 35 $495,000 $495,000
35 35 $557,500 $557,500
96.2% 96.2% 73 73
96.9% 96.9% 51 51
---
---
-- 30.5% 30.5% -- 38.7% 38.7%
++ // –– -- 12.7% 12.7% 0.0% 0.0% ++ 12.6% 12.6% ++ 0.7% 0.7% -- 30.5% 30.5% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Lincoln Lincoln Park Park
+ 40% 40% +
bb aa
Attached Single-Family
All All Lincoln Lincoln Park Park
++ 25% 25%
bb aa
++ 20% 20%
+ 30% 30% +
++ 15% 15% + 20% 20% +
++ 10% 10% ++ 5% 5%
+ 10% 10% +
0% 0% 0% 0%
-- 5% 5% -- 10% 10%
- 10%
-- 15% 15% - 20%
- 30% 1-2009
-- 20% 20%
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 25% 25% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of February February 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– January Local January 2024 2024
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024
LINCOLN SQUARE
-- 22.0% 22.0%
-- 33.3% 33.3%
-- 7.1% 7.1%
Local MarketUpdate Update | June 2021 2023 Local Update | January 2024 LocalMarket Market | October
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Lincoln Square
January January
Detached Single-Family Single-Family Detached
1-2023 1-2023 15 15 2 2 $700,000 $700,000 98.0% 98.0% 61 61 21 21
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2024 1-2024 12 12 4 4 $1,062,500 $1,062,500 100.0% 100.0% 30 30 15 15
Year Year to to Date Date +/– +/– - 20.0% - 20.0% + 100.0% + 100.0% + 51.8% + 51.8% + 2.1% + 2.1% - 50.0% - 50.0% - 28.6% - 28.6%
1-2023 1-2023 15 15 2 2 $700,000 $700,000 98.0% 98.0% 61 61 ---
January January
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2023 1-2023 26 26
1-2024 1-2024 20 20
16 16 $317,500 $317,500
88 $464,750 $464,750
97.0% 97.0% 46 46
98.5% 98.5% 22 22
21 21
24 24
1-2024 1-2024 12 12 4 4 $1,062,500 $1,062,500 100.0% 100.0% 30 30 ---
+/– +/– - 20.0% - 20.0% + 100.0% + 100.0% + 51.8% + 51.8% + 2.1% + 2.1% - 50.0% - 50.0% ---
Year Year to to Date Date ++ // –– -- 23.1% 23.1% -- 50.0% 50.0% ++ 46.4% 46.4% ++ 1.5% 1.5%
1-2023 1-2023 26 26
1-2024 1-2024 20 20
16 16 $317,500 $317,500
88 $464,750 $464,750
97.0% 97.0% 46 46
98.5% 98.5% 22 22
---
---
-- 52.1% 52.1% ++ 14.3% 14.3%
++ // –– -- 23.1% 23.1% -- 50.0% 50.0% ++ 46.4% 46.4% ++ 1.5% 1.5% -- 52.1% 52.1% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Lincoln Lincoln Square Square
+ 70% 70% + + 60% 60% +
bb aa
Attached Single-Family
All All Lincoln Lincoln Square Square
++ 120% 120%
bb aa
++ 100% 100%
+ 50% 50% +
++ 80% 80%
+ 40% 40% + ++ 60% 60%
+ 30% 30% + + 20% 20% +
++ 40% 40%
+ 10% 10% +
++ 20% 20%
0% 0%
0% 0%
- 10%
-- 20% 20%
- 20%
-- 40% 40%
- 30% - 40% 1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 60% 60% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of February February 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– January Local January 2024 2024
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024
LOGAN SQUARE
-- 9.9% 9.9%
-- 3.8% 3.8%
-- 28.1% 28.1%
Local Update| October | January 2024 LocalMarket Market Update 2021
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Logan Square
January January
Detached Single-Family Single-Family Detached
1-2023 1-2023 29 29 8 8 $895,000 $895,000 96.5% 96.5% 104 104 36 36
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2024 1-2024 18 18 6 6 $769,500 $769,500 95.3% 95.3% 126 126 24 24
Year Year to to Date Date +/– +/– - 37.9% - 37.9% - 25.0% - 25.0% - 14.0% - 14.0% - 1.2% - 1.2% + 21.0% + 21.0% - 33.3% - 33.3%
1-2023 1-2023 29 29 8 8 $895,000 $895,000 96.5% 96.5% 104 104 ---
January January
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2023 1-2023 52 52
1-2024 1-2024 55 55
18 18 $473,000 $473,000
19 19 $615,000 $615,000
97.2% 97.2% 75 75
96.5% 96.5% 81 81
53 53
40 40
1-2024 1-2024 18 18 6 6 $769,500 $769,500 95.3% 95.3% 126 126 ---
+/– +/– - 37.9% - 37.9% - 25.0% - 25.0% - 14.0% - 14.0% - 1.2% - 1.2% + 21.0% + 21.0% ---
Year Year to to Date Date ++ // –– ++ 5.8% 5.8% ++ 5.6% 5.6% ++ 30.0% 30.0% -- 0.6% 0.6%
1-2023 1-2023 52 52
1-2024 1-2024 55 55
18 18 $473,000 $473,000
19 19 $615,000 $615,000
97.2% 97.2% 75 75
96.5% 96.5% 81 81
---
---
++ 7.5% 7.5% -- 24.5% 24.5%
++ // –– ++ 5.8% 5.8% ++ 5.6% 5.6% ++ 30.0% 30.0% -- 0.6% 0.6% ++ 7.5% 7.5% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Logan Logan Square Square
+ 80% 80% +
bb aa
Attached Single-Family ++ 40% 40%
+ 60% 60% +
++ 30% 30%
+ 40% 40% +
++ 20% 20%
+ 20% 20% +
++ 10% 10%
0% 0%
0% 0%
- 20%
-- 10% 10%
- 40%
-- 20% 20%
- 60% 1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
All All Logan Logan Square Square
-- 30% 30% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
bb aa
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of February February 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– January Local January 2024 2024
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024
LOOP
-- 13.6% 13.6%
+ + 5.6% 5.6%
-- 25.5% 25.5%
Local Update| October | January 2024 LocalMarket Market Update 2021
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Loop
January January
Detached Single-Family Single-Family Detached
1-2023 1-2023 1 1 0 0 $0 $0 0.0% 0.0% 0 0 0 0
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2024 1-2024 0 0 0 0 $0 $0 0.0% 0.0% 0 0 0 0
Year Year to to Date Date +/– +/– - 100.0% - 100.0% -----------
1-2023 1-2023 1 1 0 0 $0 $0 0.0% 0.0% 0 0 ---
January January
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2023 1-2023 124 124
1-2024 1-2024 108 108
36 36 $319,450 $319,450
38 38 $411,500 $411,500
93.7% 93.7% 135 135
95.3% 95.3% 122 122
275 275
205 205
1-2024 1-2024 0 0 0 0 $0 $0 0.0% 0.0% 0 0 ---
+/– +/– - 100.0% - 100.0% -----------
Year Year to to Date Date ++ // –– -- 12.9% 12.9% ++ 5.6% 5.6% ++ 28.8% 28.8% ++ 1.7% 1.7%
1-2023 1-2023 124 124
1-2024 1-2024 108 108
36 36 $319,450 $319,450
38 38 $411,500 $411,500
93.7% 93.7% 135 135
95.3% 95.3% 122 122
---
---
-- 9.6% 9.6% -- 25.5% 25.5%
++ // –– -- 12.9% 12.9% ++ 5.6% 5.6% ++ 28.8% 28.8% ++ 1.7% 1.7% -- 9.6% 9.6% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Loop Loop
+ 25% 25% + + 20% 20% +
bb aa
Attached Single-Family
All All Loop Loop
++ 50% 50%
bb aa
++ 40% 40%
+ 15% 15% +
++ 30% 30%
+ 10% 10% +
++ 20% 20%
+ 5% 5% +
++ 10% 10%
0% 0% 0% 0%
5% -- 5%
-- 10% 10%
10% -- 10%
-- 20% 20%
- 15%
-- 30% 30%
- 20% - 25% 1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 40% 40% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of February February 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– January Local January 2024 2024
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024
NEAR NORTH SIDE
-- 2.9% 2.9%
+ + 13.7% 13.7%
-- 8.6% 8.6%
Local Update| October | January 2024 LocalMarket Market Update 2021
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Near North Side
January January
Detached Single-Family Single-Family Detached
1-2023 1-2023 3 3 2 2 $1,632,500 $1,632,500 97.1% 97.1% 228 228 20 20
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2024 1-2024 9 9 3 3 $1,900,000 $1,900,000 96.5% 96.5% 297 297 38 38
Year Year to to Date Date +/– +/– + 200.0% + 200.0% + 50.0% + 50.0% + 16.4% + 16.4% - 0.7% - 0.7% + 30.3% + 30.3% + 90.0% + 90.0%
1-2023 1-2023 3 3 2 2 $1,632,500 $1,632,500 97.1% 97.1% 228 228 ---
January January
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2023 1-2023 488 488
1-2024 1-2024 468 468
122 122 $370,000 $370,000
138 138 $415,000 $415,000
95.0% 95.0% 125 125
95.4% 95.4% 137 137
1,023 1,023
915 915
1-2024 1-2024 9 9 3 3 $1,900,000 $1,900,000 96.5% 96.5% 297 297 ---
+/– +/– + 200.0% + 200.0% + 50.0% + 50.0% + 16.4% + 16.4% - 0.7% - 0.7% + 30.3% + 30.3% ---
Year Year to to Date Date ++ // –– -- 4.1% 4.1% ++ 13.1% 13.1% ++ 12.2% 12.2% ++ 0.4% 0.4%
1-2023 1-2023 488 488
1-2024 1-2024 468 468
122 122 $370,000 $370,000
138 138 $415,000 $415,000
95.0% 95.0% 125 125
95.4% 95.4% 137 137
---
---
++ 9.0% 9.0% -- 10.6% 10.6%
++ // –– -- 4.1% 4.1% ++ 13.1% 13.1% ++ 12.2% 12.2% ++ 0.4% 0.4% ++ 9.0% 9.0% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Near Near North North Side Side
+ 200% 200% +
bb aa
Attached Single-Family ++ 30% 30%
+ 150% 150% +
++ 20% 20%
+ 100% 100% +
++ 10% 10%
+ 50% 50% +
0% 0%
0% 0%
-- 10% 10%
- 50%
-- 20% 20%
- 100% 1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
All All Near Near North North Side Side
-- 30% 30% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
bb aa
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of February February 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– January Local January 2024 2024
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024
NEAR SOUTH SIDE
-- 18.8% 18.8%
-- 16.0% 16.0%
-- 26.2% 26.2%
Local Update| October | January 2024 LocalMarket Market Update 2021
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Near South Side
January January
Detached Single-Family Single-Family Detached
1-2023 1-2023 1 1 0 0 $0 $0 0.0% 0.0% 0 0 1 1
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2024 1-2024 0 0 0 0 $0 $0 0.0% 0.0% 0 0 2 2
Year Year to to Date Date +/– +/– - 100.0% - 100.0% --------+ 100.0% + 100.0%
1-2023 1-2023 1 1 0 0 $0 $0 0.0% 0.0% 0 0 ---
January January
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2023 1-2023 79 79
1-2024 1-2024 65 65
25 25 $400,000 $400,000
21 21 $320,000 $320,000
97.5% 97.5% 86 86
100.3% 100.3% 112 112
148 148
108 108
1-2024 1-2024 0 0 0 0 $0 $0 0.0% 0.0% 0 0 ---
+/– +/– - 100.0% - 100.0% -----------
Year Year to to Date Date ++ // –– -- 17.7% 17.7% -- 16.0% 16.0% -- 20.0% 20.0% ++ 2.9% 2.9%
1-2023 1-2023 79 79
1-2024 1-2024 65 65
25 25 $400,000 $400,000
21 21 $320,000 $320,000
97.5% 97.5% 86 86
100.3% 100.3% 112 112
---
---
++ 30.4% 30.4% -- 27.0% 27.0%
++ // –– -- 17.7% 17.7% -- 16.0% 16.0% -- 20.0% 20.0% ++ 2.9% 2.9% ++ 30.4% 30.4% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Near Near South South Side Side
+ 120% 120% + + 100% 100% +
bb aa
Attached Single-Family
All All Near Near South South Side Side
++ 50% 50%
bb aa
++ 40% 40%
+ 80% 80% +
++ 30% 30%
+ 60% 60% + ++ 20% 20%
+ 40% 40% +
++ 10% 10%
+ 20% 20% + 0% 0%
0% 0%
20% -- 20% -- 10% 10% - 40%
-- 20% 20%
- 60% - 80% 1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 30% 30% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of February February 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– January Local January 2024 2024
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024
NEAR WEST SIDE
-- 4.7% 4.7%
-- 21.3% 21.3%
-- 23.3% 23.3%
Local Update| October | January 2024 LocalMarket Market Update 2021
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Near West Side
January January
Detached Single-Family Single-Family Detached
1-2023 1-2023 3 3 3 3 $1,050,000 $1,050,000 92.2% 92.2% 100 100 8 8
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2024 1-2024 4 4 0 0 $0 $0 0.0% 0.0% 0 0 10 10
Year Year to to Date Date +/– +/– + 33.3% + 33.3% - 100.0% - 100.0% - 100.0% - 100.0% - 100.0% - 100.0% - 100.0% - 100.0% + 25.0% + 25.0%
1-2023 1-2023 3 3 3 3 $1,050,000 $1,050,000 92.2% 92.2% 100 100 ---
January January
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2023 1-2023 124 124
1-2024 1-2024 117 117
44 44 $492,000 $492,000
37 37 $410,000 $410,000
100.7% 100.7% 79 79
99.7% 99.7% 71 71
202 202
151 151
1-2024 1-2024 4 4 0 0 $0 $0 0.0% 0.0% 0 0 ---
+/– +/– + 33.3% + 33.3% - 100.0% - 100.0% - 100.0% - 100.0% - 100.0% - 100.0% - 100.0% - 100.0% ---
Year Year to to Date Date ++ // –– -- 5.6% 5.6% -- 15.9% 15.9% -- 16.7% 16.7% -- 1.0% 1.0%
1-2023 1-2023 124 124
1-2024 1-2024 117 117
44 44 $492,000 $492,000
37 37 $410,000 $410,000
100.7% 100.7% 79 79
99.7% 99.7% 71 71
---
---
-- 9.9% 9.9% -- 25.2% 25.2%
++ // –– -- 5.6% 5.6% -- 15.9% 15.9% -- 16.7% 16.7% -- 1.0% 1.0% -- 9.9% 9.9% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Near Near West West Side Side
+ 450% 450% +
bb aa
Attached Single-Family
All All Near Near West West Side Side
++ 30% 30%
bb aa
+ 400% 400% + ++ 20% 20%
+ 350% 350% + + 300% 300% +
++ 10% 10%
+ 250% 250% + + 200% 200% +
0% 0%
+ 150% 150% + + 100% 100% +
-- 10% 10%
+ 50% 0%
-- 20% 20%
- 50% - 100% 1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 30% 30% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of February February 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– January Local January 2024 2024
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024
NORTH CENTER
+ + 9.3% 9.3%
+ + 15.8% 15.8%
-- 21.9% 21.9%
Local Update| October | January 2024 LocalMarket Market Update 2021
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
North Center
January January
Detached Single-Family Single-Family Detached
1-2023 1-2023 14 14 4 4 $1,630,000 $1,630,000 98.5% 98.5% 23 23 21 21
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2024 1-2024 22 22 9 9 $1,370,000 $1,370,000 97.2% 97.2% 51 51 20 20
Year Year to to Date Date +/– +/– + 57.1% + 57.1% + 125.0% + 125.0% - 16.0% - 16.0% - 1.4% - 1.4% + 128.1% + 128.1% - 4.8% - 4.8%
1-2023 1-2023 14 14 4 4 $1,630,000 $1,630,000 98.5% 98.5% 23 23 ---
January January
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2023 1-2023 40 40
1-2024 1-2024 37 37
15 15 $585,000 $585,000
13 13 $410,000 $410,000
97.9% 97.9% 68 68
99.5% 99.5% 69 69
43 43
30 30
1-2024 1-2024 22 22 9 9 $1,370,000 $1,370,000 97.2% 97.2% 51 51 ---
+/– +/– + 57.1% + 57.1% + 125.0% + 125.0% - 16.0% - 16.0% - 1.4% - 1.4% + 128.1% + 128.1% ---
Year Year to to Date Date ++ // –– -- 7.5% 7.5% -- 13.3% 13.3% -- 29.9% 29.9% ++ 1.6% 1.6%
1-2023 1-2023 40 40
1-2024 1-2024 37 37
15 15 $585,000 $585,000
13 13 $410,000 $410,000
97.9% 97.9% 68 68
99.5% 99.5% 69 69
---
---
++ 1.0% 1.0% -- 30.2% 30.2%
++ // –– -- 7.5% 7.5% -- 13.3% 13.3% -- 29.9% 29.9% ++ 1.6% 1.6% ++ 1.0% 1.0% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All North North Center Center
+ 50% 50% +
bb aa
Attached Single-Family
All All North North Center Center
++ 25% 25%
bb aa
++ 20% 20%
+ 40% 40% +
++ 15% 15%
+ 30% 30% +
++ 10% 10%
+ 20% 20% +
++ 5% 5%
+ 10% 10% +
0% 0% 0% 0%
-- 5% 5%
10% -- 10%
-- 10% 10%
- 20%
-- 15% 15%
- 30% - 40% 1-2009
-- 20% 20%
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 25% 25% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of February February 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– January Local January 2024 2024
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024
UPTOWN
+ + 18.8% 18.8%
-- 7.4% 7.4%
+ + 1.1% 1.1%
Local Update| October | January 2024 LocalMarket Market Update 2021
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
Uptown
January January
Detached Single-Family Single-Family Detached
1-2023 1-2023 5 5 0 0 $0 $0 0.0% 0.0% 0 0 12 12
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2024 1-2024 7 7 1 1 $1,200,000 $1,200,000 96.1% 96.1% 195 195 13 13
Year Year to to Date Date +/– +/– + 40.0% + 40.0% --------+ 8.3% + 8.3%
1-2023 1-2023 5 5 0 0 $0 $0 0.0% 0.0% 0 0 ---
January January
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2023 1-2023 64 64
1-2024 1-2024 75 75
27 27 $265,000 $265,000
24 24 $305,000 $305,000
95.2% 95.2% 83 83
95.0% 95.0% 47 47
77 77
77 77
1-2024 1-2024 7 7 1 1 $1,200,000 $1,200,000 96.1% 96.1% 195 195 ---
+/– +/– + 40.0% + 40.0% -----------
Year Year to to Date Date ++ // –– ++ 17.2% 17.2% -- 11.1% 11.1% ++ 15.1% 15.1% -- 0.2% 0.2%
1-2023 1-2023 64 64
1-2024 1-2024 75 75
27 27 $265,000 $265,000
24 24 $305,000 $305,000
95.2% 95.2% 83 83
95.0% 95.0% 47 47
---
---
-- 43.8% 43.8% 0.0% 0.0%
++ // –– ++ 17.2% 17.2% -- 11.1% 11.1% ++ 15.1% 15.1% -- 0.2% 0.2% -- 43.8% 43.8% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All Uptown Uptown
+ 100% 100% +
bb aa
Attached Single-Family
All All Uptown Uptown
++ 40% 40%
bb aa
++ 30% 30%
+ 80% 80% +
++ 20% 20%
+ 60% 60% +
++ 10% 10%
+ 40% 40% +
0% 0% + 20% 20% + -- 10% 10% 0% 0%
-- 20% 20%
- 20%
-- 30% 30%
- 40% - 60% 1-2009
-- 40% 40%
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 50% 50% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of February February 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.
Local Market Market Update Update –– January Local January 2024 2024
A Research Tool Provided by the Chicago Association of REALTORS® A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024 RESIDENTIAL ACTIVITY ONLY | Data current as of February 14, 2024
WEST TOWN
-- 10.8% 10.8%
-- 23.9% 23.9%
-- 17.7% 17.7%
Local Update| October | January 2024 LocalMarket Market Update 2021
Change in Change in New Listings New Listings All Properties All Properties
Change in Change in Closed Sales Closed Sales All Properties All Properties
Change in Change in Inventory of Homes Inventory of Homes All Properties All Properties
West Town
January January
Detached Single-Family Single-Family Detached
1-2023 1-2023 33 33 8 8 $1,146,260 $1,146,260 95.7% 95.7% 66 66 39 39
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2024 1-2024 22 22 7 7 $1,385,000 $1,385,000 96.6% 96.6% 74 74 37 37
Year Year to to Date Date +/– +/– - 33.3% - 33.3% - 12.5% - 12.5% + 20.8% + 20.8% + 0.9% + 0.9% + 13.2% + 13.2% - 5.1% - 5.1%
1-2023 1-2023 33 33 8 8 $1,146,260 $1,146,260 95.7% 95.7% 66 66 ---
January January
Attached Single-Family Single-Family Attached
New Listings Listings New Closed Sales Sales Closed
Median Sales Sales Price* Price* Median Percent of Original List Price Price Received* Received* Percent of Original List Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
1-2023 1-2023 162 162
1-2024 1-2024 152 152
59 59 $525,000 $525,000
44 44 $510,000 $510,000
97.7% 97.7% 94 94
97.7% 97.7% 59 59
159 159
126 126
1-2024 1-2024 22 22 7 7 $1,385,000 $1,385,000 96.6% 96.6% 74 74 ---
+/– +/– - 33.3% - 33.3% - 12.5% - 12.5% + 20.8% + 20.8% + 0.9% + 0.9% + 13.2% + 13.2% ---
Year Year to to Date Date ++ // –– -- 6.2% 6.2% -- 25.4% 25.4% -- 2.9% 2.9% -- 0.0% 0.0%
1-2023 1-2023 162 162
1-2024 1-2024 152 152
59 59 $525,000 $525,000
44 44 $510,000 $510,000
97.7% 97.7% 94 94
97.7% 97.7% 59 59
---
---
-- 37.4% 37.4% -- 20.8% 20.8%
++ // –– -- 6.2% 6.2% -- 25.4% 25.4% -- 2.9% 2.9% -- 0.0% 0.0% -- 37.4% 37.4% ---
Does not not account account for for sale sale concessions concessions and/or and/or down ** Does down payment payment assistance. assistance. Note: Note: Activity Activity for for one one month month can can sometimes sometimes look look extreme extreme due due to to small small sample sample size. size.
Change in Median Sales Price from Prior Year (6-Month Average)†† Detached Single-Family
All All West West Town Town
+ 40% 40% +
bb aa
Attached Single-Family
All All West West Town Town
++ 25% 25%
bb aa
++ 20% 20%
+ 30% 30% +
++ 15% 15% + 20% 20% +
++ 10% 10% ++ 5% 5%
+ 10% 10% +
0% 0% 0% 0%
-- 5% 5% -- 10% 10%
- 10%
-- 15% 15% - 20%
- 30% 1-2009
-- 20% 20%
1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
1-2023
-- 25% 25% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
1-2023 1-2023
† Each dot represents the change in median sales price from the prior year using aa 6-month 6-month weighted weighted average. average. This means that each of the 6 months used in a dot are proportioned according to to their their share share of of sales sales during during that that period. period. Current Current as as of of February February 14, 14, 2024. 2024. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2024 2024ShowingTime. ShowingTime.