May 2021 Market Update

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

AVONDALE

Avondale Avondale

Local Market Update | May 2021

20.0% -- 20.0%

105.0% ++ 105.0%

37.5% -- 37.5%

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

May May

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

5-2020 5-2020 17 17

5-2021 5-2021 15 15

++/ /–– 11.8% - -11.8%

5-2020 5-2020 75 75

5-2021 5-2021 60 60

++/ /–– 20.0% - -20.0%

55 $587,000 $587,000 101.1% 101.1%

10 10 $592,250 $592,250 102.2% 102.2%

100.0% ++100.0% + 0.9% + 0.9%

33 33 $465,000 $465,000 98.6% 98.6%

45 45 $525,000 $525,000 99.7% 99.7%

36.4% ++36.4% + 12.9% + 12.9%

40 40 25 25

13 13 15 15

43 43 ----

56 56 ----

MarketTime Time Market InventoryofofHomes Homesfor forSale Sale Inventory

1.1% ++1.1% 66.9% - 66.9% 40.0% - -40.0%

May May

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

5-2020 5-2020 33 33

5-2021 5-2021 25 25

15 15 $428,000 $428,000 102.0% 102.0%

31 31 $365,000 $365,000 100.0% 100.0%

50 50 31 31

25 25 20 20

MarketTime Time Market Inventory Homesfor forSale Sale Inventory ofofHomes

1.1% ++1.1% + 30.2% + 30.2% ----

Yearto toDate Date Year ++/ /––

5-2020 5-2020 107 107

5-2021 5-2021 161 161

14.7% - -14.7% 2.0% - 2.0%

62 62 $380,125 $380,125 99.2% 99.2%

107 107 $427,500 $427,500 99.5% 99.5%

12.5% ++12.5% + 0.3% + 0.3%

50.5% - -50.5% 35.5% - 35.5%

66 66 ----

46 46 ----

30.3% - -30.3% ----

24.2% - -24.2% + 106.7% + 106.7%

++/ /–– 50.5% ++50.5% + 72.6% + 72.6%

* 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 June 14, 2021. All data from Midwest Real Estate Data. Report © 2021 ShowingTime. Current as of June 14, 2021. All data from Midwest Real Estate Data. Report © 2021 ShowingTime.


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