Local Market Market Update Update –– July July 2021 2021 Local
ResearchTool ToolProvided Provided bythe Chicago AssociationofofREALTORS® REALTORS® K L by O Pthe AChicago S AAResearch Association S T RONLY AT T O NData current as of August 14, 2021 RESIDENTIALACTIVITY ACTIVITY RESIDENTIAL ONLY | | Data current as of August 14, 2021
AVONDALE
Avondale Avondale
Local Market Update | July 2021
16.9% -- 16.9%
17.9% ++ 17.9%
1.7% -- 1.7%
Changeinin Change NewListings Listings New AllProperties Properties All
Changeinin Change ClosedSales Sales Closed AllProperties Properties All
Changeinin Change Inventoryof ofHomes Homes Inventory AllProperties Properties All
July July
DetachedSingle-Family Single-Family Detached
NewListings Listings New Closed Sales Closed Sales
MedianSales SalesPrice* Price* Median Percent of Original ListPrice PriceReceived* Received* Percent of Original List
Yearto toDate Date Year
7-2020 7-2020 21 21
7-2021 7-2021 15 15
++/ /–– 28.6% - -28.6%
7-2020 7-2020 116 116
7-2021 7-2021 87 87
++/ /–– 25.0% - -25.0%
14 14 $662,000 $662,000 99.4% 99.4%
99 $525,000 $525,000 98.7% 98.7%
35.7% - -35.7% 20.7% - 20.7%
52 52 $559,500 $559,500 98.7% 98.7%
61 61 $525,000 $525,000 99.3% 99.3%
17.3% ++17.3% 6.2% - 6.2%
37 37 18 18
16 16 21 21
45 45 ----
45 45 ----
MarketTime Time Market InventoryofofHomes Homesfor forSale Sale Inventory
0.7% - -0.7% 56.2% - 56.2% 16.7% ++16.7%
July July
AttachedSingle-Family Single-Family Attached
NewListings Listings New Closed Sales Closed Sales
MedianSales SalesPrice* Price* Median Percent of Original ListPrice PriceReceived* Received* Percent of Original List
7-2020 7-2020 44 44
7-2021 7-2021 39 39
14 14 $346,000 $346,000 98.7% 98.7%
24 24 $455,000 $455,000 99.5% 99.5%
13 13 41 41
28 28 37 37
MarketTime Time Market Inventory Homesfor forSale Sale Inventory ofofHomes
0.5% ++0.5% 0.0% 0.0% ----
Yearto toDate Date Year ++/ /––
7-2020 7-2020 183 183
7-2021 7-2021 232 232
31.5% ++31.5% + 0.8% + 0.8%
84 84 $375,500 $375,500 99.1% 99.1%
152 152 $429,250 $429,250 99.7% 99.7%
14.3% ++14.3% + 0.6% + 0.6%
113.3% ++113.3% 9.8% - 9.8%
52 52 ----
41 41 ----
21.2% - -21.2% ----
11.4% - -11.4% + 71.4% + 71.4%
++/ /–– 26.8% ++26.8% + 81.0% + 81.0%
* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Changein inMedian MedianSales SalesPrice Price from from Prior Prior Year Year(6-Month (6-MonthAverage) Average)†† Change DetachedSingle-Family Single-Family Detached
All All Avondale Avondale
+ 140% + 140%
bb aa
+ 120% + 120%
bb aa
All All Avondale Avondale
+ 100% + 100% + 80% + 80%
+ 100% + 100%
+ 60% + 60%
+ 80% + 80%
+ 40% + 40%
+ 60% + 60%
+ 20% + 20%
+ 40% + 40% + 20% + 20%
0% 0%
0% 0%
- 20% - 20%
- 20% - 20%
- 40% - 40%
- 40% - 40% - 60% - 60% 1-2009 1-2009
AttachedSingle-Family Single-Family Attached
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
- 60% - 60% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
Eachdot dotrepresents representsthe thechange changeininmedian mediansales salesprice pricefrom fromthe theprior prioryear yearusing usingaa6-month 6-monthweighted weightedaverage. average. ††Each Thismeans meansthat thateach eachofofthe the66months monthsused usedininaadot dotare areproportioned proportionedaccording accordingtototheir theirshare shareofofsales salesduring duringthat thatperiod. period. This Current as of August 14, 2021. All data from Midwest Real Estate Data. Report © 2021 ShowingTime. Current as of August 14, 2021. All data from Midwest Real Estate Data. Report © 2021 ShowingTime.