June 2021 Market Update

Page 1

Local Market Market Update Update –– June June 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 July 14, 2021 RESIDENTIALACTIVITY ACTIVITY RESIDENTIAL ONLY | | Data current as of July 14, 2021

AVONDALE

Avondale Avondale

Local Market Update | June 2021

23.1% -- 23.1%

107.7% ++ 107.7%

23.5% -- 23.5%

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

June June

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

6-2020 6-2020 20 20

6-2021 6-2021 10 10

++/ /–– 50.0% - -50.0%

6-2020 6-2020 95 95

6-2021 6-2021 70 70

++/ /–– 26.3% - -26.3%

55 $540,000 $540,000 97.7% 97.7%

77 $429,000 $429,000 97.3% 97.3%

40.0% ++40.0% 20.6% - 20.6%

38 38 $490,500 $490,500 98.5% 98.5%

52 52 $507,500 $507,500 99.4% 99.4%

36.8% ++36.8% + 3.5% + 3.5%

75 75 20 20

88 13 13

47 47 ----

49 49 ----

MarketTime Time Market InventoryofofHomes Homesfor forSale Sale Inventory

0.4% - -0.4% 88.8% - 88.8% 35.0% - -35.0%

June June

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

6-2020 6-2020 32 32

6-2021 6-2021 30 30

88 $308,500 $308,500 98.6% 98.6%

20 20 $400,000 $400,000 100.6% 100.6%

10 10 31 31

30 30 26 26

MarketTime Time Market Inventory Homesfor forSale Sale Inventory ofofHomes

0.9% ++0.9% + 4.3% + 4.3% ----

Yearto toDate Date Year ++/ /––

6-2020 6-2020 139 139

6-2021 6-2021 192 192

29.7% ++29.7% + 2.0% + 2.0%

70 70 $378,000 $378,000 99.2% 99.2%

127 127 $415,000 $415,000 99.7% 99.7%

192.2% ++192.2% 16.1% - 16.1%

59 59 ----

43 43 ----

6.3% - -6.3% + 150.0% + 150.0%

++/ /–– 38.1% ++38.1% + 81.4% + 81.4% 9.8% ++9.8% + 0.5% + 0.5% 27.1% - -27.1% ----

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

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

All All Avondale Avondale

+ 140% + 140%

bb aa

+ 120% + 120%

All All Avondale Avondale

+ 100% + 100%

bb aa

+ 80% + 80%

+ 100% + 100%

+ 60% + 60%

+ 80% + 80%

+ 40% + 40%

+ 60% + 60%

+ 20% + 20%

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

0% 0%

0% 0%

- 20% - 20%

- 20% - 20%

- 40% - 40%

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

AttachedSingle-Family Single-Family Attached

1-2011 1-2011

1-2013 1-2013

1-2015 1-2015

1-2017 1-2017

1-2019 1-2019

1-2021 1-2021

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

1-2011 1-2011

1-2013 1-2013

1-2015 1-2015

1-2017 1-2017

1-2019 1-2019

1-2021 1-2021

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


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.