Local Market Market Update Update –– November November 2020 2020 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 December 14, 2020 RESIDENTIALACTIVITY ACTIVITY RESIDENTIAL ONLY | | Data current as of December 14, 2020
AVONDALE
Avondale Avondale
Local Market Update | November 2020
4.3% ++ 4.3%
21.4% ++ 21.4%
45.5% ++ 45.5%
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
November November
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
11-2019 11-2019 77
11-2020 11-2020 10 10
++/ /–– 42.9% ++42.9%
11-2019 11-2019 154 154
11-2020 11-2020 181 181
++/ /–– 17.5% ++17.5%
44 $320,913 $320,913 96.7% 96.7%
77 $625,000 $625,000 99.5% 99.5%
75.0% ++75.0% + 94.8% + 94.8%
96 96 $499,500 $499,500 96.9% 96.9%
100 100 $580,000 $580,000 99.4% 99.4%
4.2% ++4.2% + 16.1% + 16.1%
64 64 12 12
14 14 20 20
70 70 ----
46 46 ----
MarketTime Time Market InventoryofofHomes Homesfor forSale Sale Inventory
2.9% ++2.9% 77.5% - 77.5% 66.7% ++66.7%
November November
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
11-2019 11-2019 16 16
11-2020 11-2020 14 14
10 10 $427,000 $427,000 98.5% 98.5%
10 10 $364,625 $364,625 97.0% 97.0%
88 88 32 32
35 35 44 44
MarketTime Time Market Inventory Homesfor forSale Sale Inventory ofofHomes
2.5% ++2.5% 34.3% - 34.3% ----
Yearto toDate Date Year ++/ /––
11-2019 11-2019 346 346
11-2020 11-2020 309 309
14.6% - -14.6% 1.5% - 1.5%
163 163 $372,000 $372,000 97.7% 97.7%
153 153 $365,000 $365,000 98.8% 98.8%
60.7% - -60.7% + 37.5% + 37.5%
55 55 ----
45 45 ----
12.5% - -12.5% 0.0% 0.0%
++/ /–– 10.7% - -10.7% 6.1% - 6.1% 1.9% - -1.9% + 1.1% + 1.1% 18.2% - -18.2% ----
* 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% + 120% + 120%
AttachedSingle-Family Single-Family Attached
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
bb aa
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
- 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
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 December 14, 2020. All data from Midwest Real Estate Data. Report © 2020 ShowingTime. Current as of December 14, 2020. All data from Midwest Real Estate Data. Report © 2020 ShowingTime.