Local Market Market Update Update –– November Local November 2023 2023
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 December 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2023
AVONDALE
0.0% 0.0%
0.0% 0.0%
-- 15.2% 15.2%
Local Market November Local MarketUpdate Update || October 20212023
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
November November
Detached Single-Family Single-Family Detached
11-2022 11-2022 9 9 6 6 $690,000 $690,000 99.9% 99.9% 26 26 16 16
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
11-2023 11-2023 12 12 5 5 $885,000 $885,000 96.3% 96.3% 55 55 16 16
Year Year to to Date Date +/– +/– + 33.3% + 33.3% - 16.7% - 16.7% + 28.3% + 28.3% - 3.6% - 3.6% + 114.5% + 114.5% 0.0% 0.0%
11-2022 11-2022 196 196 102 102 $682,500 $682,500 98.7% 98.7% 36 36 ---
November November
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
11-2022 11-2022 10 10
11-2023 11-2023 77
66 $387,500 $387,500
77 $268,000 $268,000
99.6% 99.6% 43 43
98.7% 98.7% 53 53
30 30
23 23
11-2023 11-2023 150 150 80 80 $620,000 $620,000 98.4% 98.4% 61 61 ---
+/– +/– - 23.5% - 23.5% - 21.6% - 21.6% - 9.2% - 9.2% - 0.4% - 0.4% + 70.4% + 70.4% ---
Year Year to to Date Date ++ // –– -- 30.0% 30.0% ++ 16.7% 16.7% -- 30.8% 30.8% -- 0.8% 0.8%
11-2022 11-2022 267 267
11-2023 11-2023 216 216
164 164 $345,000 $345,000
132 132 $400,000 $400,000
99.0% 99.0% 45 45
100.0% 100.0% 38 38
---
---
++ 23.7% 23.7% -- 23.3% 23.3%
++ // –– -- 19.1% 19.1% -- 19.5% 19.5% ++ 15.9% 15.9% ++ 1.0% 1.0% -- 15.5% 15.5% ---
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
bb aa
All All Avondale Avondale
+ 140% 140% + + 120% 120% +
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 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 December December 14, 14, 2023. 2023. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2023 2023ShowingTime. ShowingTime.
Local Market Market Update Update –– November Local November 2023 2023
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 December 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2023
IRVING PARK
-- 24.0% 24.0%
-- 15.6% 15.6%
-- 28.3% 28.3%
Local Market || October November 2023 Local Market Update | April2021 2023 Local MarketUpdate Update
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
November November
Detached Single-Family Single-Family Detached
11-2022 11-2022 22 22 20 20 $558,500 $558,500 98.1% 98.1% 69 69 48 48
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
11-2023 11-2023 21 21 16 16 $607,500 $607,500 96.6% 96.6% 46 46 46 46
Year Year to to Date Date +/– +/– - 4.5% - 4.5% - 20.0% - 20.0% + 8.8% + 8.8% - 1.5% - 1.5% - 34.4% - 34.4% - 4.2% - 4.2%
11-2022 11-2022 495 495 281 281 $660,000 $660,000 99.8% 99.8% 37 37 ---
November November
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
11-2022 11-2022 28 28
11-2023 11-2023 17 17
12 12 $200,250 $200,250
11 11 $225,000 $225,000
97.9% 97.9% 29 29
96.4% 96.4% 50 50
44 44
20 20
11-2023 11-2023 356 356 186 186 $623,750 $623,750 99.0% 99.0% 46 46 ---
+/– +/– - 28.1% - 28.1% - 33.8% - 33.8% - 5.5% - 5.5% - 0.8% - 0.8% + 23.7% + 23.7% ---
Year Year to to Date Date ++ // –– -- 39.3% 39.3% -- 8.3% 8.3% ++ 12.4% 12.4% -- 1.5% 1.5%
11-2022 11-2022 404 404
11-2023 11-2023 254 254
256 256 $228,500 $228,500
188 188 $242,250 $242,250
98.5% 98.5% 60 60
98.7% 98.7% 40 40
---
---
++ 72.6% 72.6% -- 54.5% 54.5%
++ // –– -- 37.1% 37.1% -- 26.6% 26.6% ++ 6.0% 6.0% ++ 0.2% 0.2% -- 32.6% 32.6% ---
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 December December 14, 14, 2023. 2023. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2023 2023ShowingTime. ShowingTime.
Local Market Market Update Update –– November Local November 2023 2023
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 December 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2023
LAKEVIEW
-- 33.1% 33.1%
-- 6.6% 6.6%
-- 38.1% 38.1%
Local Market November Local MarketUpdate Update || October 20212023
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
November November
Detached Single-Family Single-Family Detached
11-2022 11-2022 12 12 8 8 $1,250,000 $1,250,000 97.0% 97.0% 29 29 31 31
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
11-2023 11-2023 9 9 8 8 $1,590,000 $1,590,000 97.6% 97.6% 18 18 19 19
Year Year to to Date Date +/– +/– - 25.0% - 25.0% 0.0% 0.0% + 27.2% + 27.2% + 0.7% + 0.7% - 36.7% - 36.7% - 38.7% - 38.7%
11-2022 11-2022 268 268 160 160 $1,537,500 $1,537,500 98.9% 98.9% 59 59 ---
November November
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
11-2022 11-2022 145 145
11-2023 11-2023 96 96
83 83 $350,000 $350,000
77 77 $410,000 $410,000
97.3% 97.3% 53 53
98.0% 98.0% 48 48
284 284
176 176
11-2023 11-2023 229 229 115 115 $1,600,000 $1,600,000 98.0% 98.0% 57 57 ---
+/– +/– - 14.6% - 14.6% - 28.1% - 28.1% + 4.1% + 4.1% - 0.9% - 0.9% - 2.3% - 2.3% ---
Year Year to to Date Date ++ // –– -- 33.8% 33.8% -- 7.2% 7.2% ++ 17.1% 17.1% ++ 0.8% 0.8%
11-2022 11-2022 3,250 3,250
11-2023 11-2023 2,190 2,190
2,065 2,065 $392,000 $392,000
1,440 1,440 $410,000 $410,000
98.5% 98.5% 49 49
99.2% 99.2% 46 46
---
---
-- 10.7% 10.7% -- 38.0% 38.0%
++ // –– -- 32.6% 32.6% -- 30.3% 30.3% ++ 4.6% 4.6% ++ 0.7% 0.7% -- 6.0% 6.0% ---
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 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 December December 14, 14, 2023. 2023. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2023 2023ShowingTime. ShowingTime.
Local Market Market Update Update –– November Local November 2023 2023
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 December 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2023
LINCOLN PARK
-- 14.5% 14.5%
-- 8.3% 8.3%
-- 31.7% 31.7%
Local Market November Local MarketUpdate Update || October 20212023
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
November November
Detached Single-Family Single-Family Detached
11-2022 11-2022 14 14 12 12 $1,690,000 $1,690,000 91.8% 91.8% 58 58 52 52
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
11-2023 11-2023 15 15 10 10 $2,039,500 $2,039,500 93.3% 93.3% 94 94 53 53
Year Year to to Date Date +/– +/– + 7.1% + 7.1% - 16.7% - 16.7% + 20.7% + 20.7% + 1.7% + 1.7% + 62.6% + 62.6% + 1.9% + 1.9%
11-2022 11-2022 394 394 217 217 $1,730,000 $1,730,000 96.6% 96.6% 63 63 ---
November November
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
11-2023 11-2023 334 334 137 137 $1,800,000 $1,800,000 95.9% 95.9% 69 69 ---
+/– +/– - 15.2% - 15.2% - 36.9% - 36.9% + 4.0% + 4.0% - 0.7% - 0.7% + 10.3% + 10.3% ---
Year Year to to Date Date
11-2022 11-2022 69 69
11-2023 11-2023 56 56
++ // –– -- 18.8% 18.8% -- 6.7% 6.7%
60 60 $662,500 $662,500
56 56 $627,500 $627,500
95.9% 95.9% 59 59
98.5% 98.5% 47 47
-- 5.3% 5.3% ++ 2.7% 2.7% -- 21.0% 21.0%
226 226
137 137
-- 39.4% 39.4%
11-2022 11-2022 2,200 2,200
11-2023 11-2023 1,521 1,521
1,413 1,413 $545,000 $545,000
968 968 $560,000 $560,000
98.3% 98.3% 58 58
98.6% 98.6% 53 53
---
---
++ // –– -- 30.9% 30.9% -- 31.5% 31.5% ++ 2.8% 2.8% ++ 0.3% 0.3% -- 7.2% 7.2% ---
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 December December 14, 14, 2023. 2023. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2023 2023ShowingTime. ShowingTime.
Local Market Market Update Update –– November Local November 2023 2023
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 December 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2023
LINCOLN SQUARE
-- 29.2% 29.2%
0.0% 0.0%
-- 37.9% 37.9%
Local Market November Local MarketUpdate Update || October 20212023
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
November November
Detached Single-Family Single-Family Detached
11-2022 11-2022 7 7 5 5 $585,000 $585,000 94.9% 94.9% 27 27 23 23
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
11-2023 11-2023 5 5 7 7 $650,000 $650,000 99.4% 99.4% 31 31 12 12
Year Year to to Date Date +/– +/– - 28.6% - 28.6% + 40.0% + 40.0% + 11.1% + 11.1% + 4.8% + 4.8% + 14.9% + 14.9% - 47.8% - 47.8%
11-2022 11-2022 181 181 128 128 $825,000 $825,000 99.0% 99.0% 42 42 ---
November November
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
11-2022 11-2022 17 17
11-2023 11-2023 12 12
18 18 $296,000 $296,000
16 16 $235,500 $235,500
95.8% 95.8% 55 55
97.9% 97.9% 30 30
35 35
24 24
11-2023 11-2023 137 137 79 79 $987,500 $987,500 98.7% 98.7% 56 56 ---
+/– +/– - 24.3% - 24.3% - 38.3% - 38.3% + 19.7% + 19.7% - 0.3% - 0.3% + 31.9% + 31.9% ---
Year Year to to Date Date ++ // –– -- 29.4% 29.4% -- 11.1% 11.1% -- 20.4% 20.4% ++ 2.2% 2.2%
11-2022 11-2022 545 545
11-2023 11-2023 332 332
362 362 $315,000 $315,000
245 245 $365,000 $365,000
98.6% 98.6% 54 54
100.0% 100.0% 32 32
---
---
-- 45.1% 45.1% -- 31.4% 31.4%
++ // –– -- 39.1% 39.1% -- 32.3% 32.3% ++ 15.9% 15.9% ++ 1.4% 1.4% -- 39.4% 39.4% ---
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 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 December December 14, 14, 2023. 2023. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2023 2023ShowingTime. ShowingTime.
Local Market Market Update Update –– November Local November 2023 2023
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 December 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2023
LOGAN SQUARE
-- 24.7% 24.7%
+ + 14.3% 14.3%
-- 29.3% 29.3%
Local Market November Local MarketUpdate Update || October 20212023
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
November November
Detached Single-Family Single-Family Detached
11-2022 11-2022 28 28 9 9 $705,000 $705,000 94.3% 94.3% 42 42 44 44
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
11-2023 11-2023 21 21 12 12 $1,248,750 $1,248,750 93.9% 93.9% 153 153 37 37
Year Year to to Date Date +/– +/– - 25.0% - 25.0% + 33.3% + 33.3% + 77.1% + 77.1% - 0.4% - 0.4% + 260.8% + 260.8% - 15.9% - 15.9%
11-2022 11-2022 385 385 224 224 $915,000 $915,000 99.3% 99.3% 34 34 ---
November November
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
11-2022 11-2022 45 45
11-2023 11-2023 34 34
19 19 $400,000 $400,000
20 20 $440,000 $440,000
98.1% 98.1% 56 56
98.2% 98.2% 22 22
89 89
57 57
11-2023 11-2023 333 333 147 147 $1,030,000 $1,030,000 98.1% 98.1% 68 68 ---
+/– +/– - 13.5% - 13.5% - 34.4% - 34.4% + 12.6% + 12.6% - 1.2% - 1.2% + 103.4% + 103.4% ---
Year Year to to Date Date ++ // –– -- 24.4% 24.4% ++ 5.3% 5.3% ++ 10.0% 10.0% ++ 0.1% 0.1%
11-2022 11-2022 1,018 1,018
11-2023 11-2023 623 623
605 605 $449,000 $449,000
400 400 $485,000 $485,000
99.5% 99.5% 47 47
100.0% 100.0% 44 44
---
---
-- 61.3% 61.3% -- 36.0% 36.0%
++ // –– -- 38.8% 38.8% -- 33.9% 33.9% ++ 8.0% 8.0% ++ 0.5% 0.5% -- 5.0% 5.0% ---
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 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 December December 14, 14, 2023. 2023. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2023 2023ShowingTime. ShowingTime.
Local Market Market Update Update –– November Local November 2023 2023
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 December 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2023
LOOP
-- 14.6% 14.6%
-- 13.5% 13.5%
-- 19.4% 19.4%
Local Market November Local MarketUpdate Update || October 20212023
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
November November
Detached Single-Family Single-Family Detached
11-2022 11-2022 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
11-2023 11-2023 1 1 0 0 $0 $0 0.0% 0.0% 0 0 0 0
Year Year to to Date Date +/– +/– 0.0% 0.0% --------- 100.0% - 100.0%
11-2022 11-2022 3 3 0 0 $0 $0 0.0% 0.0% 0 0 ---
November November
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
11-2022 11-2022 81 81
11-2023 11-2023 69 69
52 52 $362,500 $362,500
45 45 $383,000 $383,000
96.5% 96.5% 80 80
95.7% 95.7% 72 72
309 309
250 250
11-2023 11-2023 2 2 0 0 $0 $0 0.0% 0.0% 0 0 ---
+/– +/– - 33.3% - 33.3% -----------
Year Year to to Date Date ++ // –– -- 14.8% 14.8% -- 13.5% 13.5% ++ 5.7% 5.7% -- 0.9% 0.9%
11-2022 11-2022 1,825 1,825
11-2023 11-2023 1,467 1,467
907 907 $375,000 $375,000
735 735 $353,000 $353,000
97.2% 97.2% 103 103
97.1% 97.1% 95 95
---
---
-- 10.5% 10.5% -- 19.1% 19.1%
++ // –– -- 19.6% 19.6% -- 19.0% 19.0% -- 5.9% 5.9% -- 0.1% 0.1% -- 7.8% 7.8% ---
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 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 December December 14, 14, 2023. 2023. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2023 2023ShowingTime. ShowingTime.
Local Market Market Update Update –– November Local November 2023 2023
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 December 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2023
NEAR NORTH SIDE
-- 6.7% 6.7%
+ + 10.2% 10.2%
-- 9.3% 9.3%
Local Market November Local MarketUpdate Update || October 20212023
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
November November
Detached Single-Family Single-Family Detached
11-2022 11-2022 7 7 1 1 $2,100,000 $2,100,000 91.5% 91.5% 14 14 27 27
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
11-2023 11-2023 10 10 0 0 $0 $0 0.0% 0.0% 0 0 42 42
Year Year to to Date Date +/– +/– + 42.9% + 42.9% - 100.0% - 100.0% - 100.0% - 100.0% - 100.0% - 100.0% - 100.0% - 100.0% + 55.6% + 55.6%
11-2022 11-2022 111 111 38 38 $2,125,000 $2,125,000 92.3% 92.3% 248 248 ---
November November
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
11-2023 11-2023 120 120 22 22 $2,200,000 $2,200,000 90.2% 90.2% 307 307 ---
+/– +/– + 8.1% + 8.1% - 42.1% - 42.1% + 3.5% + 3.5% - 2.3% - 2.3% + 23.8% + 23.8% ---
Year Year to to Date Date
11-2022 11-2022 306 306
11-2023 11-2023 282 282
++ // –– -- 7.8% 7.8% ++ 11.0% 11.0%
127 127 $385,000 $385,000
141 141 $383,000 $383,000
94.9% 94.9% 101 101
95.2% 95.2% 93 93
-- 0.5% 0.5% ++ 0.4% 0.4% -- 7.7% 7.7%
1,161 1,161
1,035 1,035
-- 10.9% 10.9%
11-2022 11-2022 6,450 6,450
11-2023 11-2023 5,605 5,605
2,683 2,683 $420,000 $420,000
2,252 2,252 $395,000 $395,000
96.7% 96.7% 111 111
96.6% 96.6% 104 104
---
---
++ // –– -- 13.1% 13.1% -- 16.1% 16.1% -- 6.0% 6.0% -- 0.2% 0.2% -- 6.8% 6.8% ---
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
bb aa
All All Near Near North North Side Side
+ 200% 200% +
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 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 December December 14, 14, 2023. 2023. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2023 2023ShowingTime. ShowingTime.
Local Market Market Update Update –– November Local November 2023 2023
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 December 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2023
NEAR SOUTH SIDE
-- 3.8% 3.8%
-- 36.5% 36.5%
-- 19.5% 19.5%
Local Market November Local MarketUpdate Update || October 20212023
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
November November
Detached Single-Family Single-Family Detached
11-2022 11-2022 0 0 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
11-2023 11-2023 1 1 0 0 $0 $0 0.0% 0.0% 0 0 2 2
Year Year to to Date Date +/– +/– ----------+ 100.0% + 100.0%
11-2022 11-2022 5 5 7 7 $1,280,000 $1,280,000 94.1% 94.1% 135 135 ---
November November
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
11-2022 11-2022 53 53
11-2023 11-2023 50 50
52 52 $412,500 $412,500
33 33 $379,000 $379,000
99.4% 99.4% 106 106
98.7% 98.7% 87 87
189 189
151 151
11-2023 11-2023 10 10 6 6 $1,830,000 $1,830,000 93.5% 93.5% 84 84 ---
+/– +/– + 100.0% + 100.0% - 14.3% - 14.3% + 43.0% + 43.0% - 0.7% - 0.7% - 37.3% - 37.3% ---
Year Year to to Date Date ++ // –– -- 5.7% 5.7% -- 36.5% 36.5% -- 8.1% 8.1% -- 0.7% 0.7% -- 17.8% 17.8% -- 20.1% 20.1%
11-2022 11-2022 1,509 1,509
11-2023 11-2023 1,114 1,114
691 691 $380,000 $380,000
516 516 $385,000 $385,000
100.2% 100.2% 88 88
100.4% 100.4% 79 79
---
---
++ // –– -- 26.2% 26.2% -- 25.3% 25.3% ++ 1.3% 1.3% ++ 0.2% 0.2% -- 10.4% 10.4% ---
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
bb aa
All All Near Near South South Side Side
+ 120% 120% + + 100% 100% +
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 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 December December 14, 14, 2023. 2023. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2023 2023ShowingTime. ShowingTime.
Local Market Market Update Update –– November Local November 2023 2023
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 December 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2023
NEAR WEST SIDE
-- 32.0% 32.0%
+ + 4.5% 4.5%
-- 31.1% 31.1%
Local Market November Local MarketUpdate Update || October 20212023
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
November November
Detached Single-Family Single-Family Detached
11-2022 11-2022 6 6 0 0 $0 $0 0.0% 0.0% 0 0 13 13
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
11-2023 11-2023 3 3 2 2 $624,250 $624,250 98.8% 98.8% 55 55 10 10
Year Year to to Date Date +/– +/– - 50.0% - 50.0% --------- 23.1% - 23.1%
11-2022 11-2022 93 93 23 23 $480,000 $480,000 94.8% 94.8% 97 97 ---
November November
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
11-2022 11-2022 97 97
11-2023 11-2023 67 67
66 66 $453,750 $453,750
67 67 $568,000 $568,000
99.9% 99.9% 73 73
99.9% 99.9% 49 49
260 260
178 178
11-2023 11-2023 71 71 25 25 $680,000 $680,000 98.1% 98.1% 91 91 ---
+/– +/– - 23.7% - 23.7% + 8.7% + 8.7% + 41.7% + 41.7% + 3.5% + 3.5% - 6.2% - 6.2% ---
Year Year to to Date Date ++ // –– -- 30.9% 30.9% ++ 1.5% 1.5% ++ 25.2% 25.2% -- 0.0% 0.0%
11-2022 11-2022 2,453 2,453
11-2023 11-2023 1,628 1,628
1,246 1,246 $391,500 $391,500
906 906 $400,000 $400,000
99.7% 99.7% 66 66
99.9% 99.9% 66 66
---
---
-- 32.4% 32.4% -- 31.5% 31.5%
++ // –– -- 33.6% 33.6% -- 27.3% 27.3% ++ 2.2% 2.2% ++ 0.2% 0.2% -- 0.6% 0.6% ---
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
bb aa
All All Near Near West West Side Side
+ 450% 450% +
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 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 December December 14, 14, 2023. 2023. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2023 2023ShowingTime. ShowingTime.
Local Market Market Update Update –– November Local November 2023 2023
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 December 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2023
NORTH CENTER
+ + 6.3% 6.3%
-- 13.9% 13.9%
-- 32.6% 32.6%
Local Market November Local MarketUpdate Update || October 20212023
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
November November
Detached Single-Family Single-Family Detached
11-2022 11-2022 15 15 13 13 $990,000 $990,000 98.6% 98.6% 43 43 28 28
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
11-2023 11-2023 22 22 14 14 $1,515,000 $1,515,000 95.8% 95.8% 61 61 27 27
Year Year to to Date Date +/– +/– + 46.7% + 46.7% + 7.7% + 7.7% + 53.0% + 53.0% - 2.9% - 2.9% + 41.0% + 41.0% - 3.6% - 3.6%
11-2022 11-2022 320 320 197 197 $1,250,000 $1,250,000 99.8% 99.8% 26 26 ---
November November
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
11-2023 11-2023 288 288 143 143 $1,375,000 $1,375,000 98.3% 98.3% 43 43 ---
+/– +/– - 10.0% - 10.0% - 27.4% - 27.4% + 10.0% + 10.0% - 1.5% - 1.5% + 63.2% + 63.2% ---
Year Year to to Date Date
11-2022 11-2022 33 33
11-2023 11-2023 29 29
++ // –– -- 12.1% 12.1% -- 26.1% 26.1%
23 23 $456,000 $456,000
17 17 $450,000 $450,000
97.0% 97.0% 40 40
98.4% 98.4% 54 54
-- 1.3% 1.3% ++ 1.4% 1.4% ++ 34.4% 34.4%
61 61
33 33
-- 45.9% 45.9%
11-2022 11-2022 647 647
11-2023 11-2023 457 457
376 376 $480,000 $480,000
290 290 $520,000 $520,000
100.0% 100.0% 35 35
99.4% 99.4% 48 48
---
---
++ // –– -- 29.4% 29.4% -- 22.9% 22.9% ++ 8.3% 8.3% -- 0.6% 0.6% ++ 37.1% 37.1% ---
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 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 December December 14, 14, 2023. 2023. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2023 2023ShowingTime. ShowingTime.
Local Market Market Update Update –– November Local November 2023 2023
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 December 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2023
UPTOWN
-- 18.8% 18.8%
+ + 9.1% 9.1%
-- 37.8% 37.8%
Local Market November Local MarketUpdate Update || October 20212023
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
November November
Detached Single-Family Single-Family Detached
11-2022 11-2022 5 5 1 1 $1,140,000 $1,140,000 91.2% 91.2% 52 52 15 15
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
11-2023 11-2023 2 2 1 1 $885,000 $885,000 98.3% 98.3% 4 4 11 11
Year Year to to Date Date +/– +/– - 60.0% - 60.0% 0.0% 0.0% - 22.4% - 22.4% + 7.8% + 7.8% - 92.3% - 92.3% - 26.7% - 26.7%
11-2022 11-2022 64 64 32 32 $1,187,500 $1,187,500 96.6% 96.6% 99 99 ---
November November
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
11-2023 11-2023 60 60 24 24 $1,065,500 $1,065,500 96.6% 96.6% 65 65 ---
+/– +/– - 6.3% - 6.3% - 25.0% - 25.0% - 10.3% - 10.3% + 0.0% + 0.0% - 34.2% - 34.2% ---
Year Year to to Date Date
11-2022 11-2022 59 59
11-2023 11-2023 50 50
++ // –– -- 15.3% 15.3% ++ 9.3% 9.3%
43 43 $300,000 $300,000
47 47 $290,000 $290,000
95.9% 95.9% 47 47
97.7% 97.7% 51 51
-- 3.3% 3.3% ++ 1.9% 1.9% ++ 7.6% 7.6%
120 120
73 73
-- 39.2% 39.2%
11-2022 11-2022 1,259 1,259
11-2023 11-2023 849 849
863 863 $309,000 $309,000
618 618 $319,500 $319,500
98.8% 98.8% 51 51
99.9% 99.9% 41 41
---
---
++ // –– -- 32.6% 32.6% -- 28.4% 28.4% ++ 3.4% 3.4% ++ 1.2% 1.2% -- 19.0% 19.0% ---
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
bb aa
All All Uptown Uptown
+ 100% 100% +
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 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 December December 14, 14, 2023. 2023. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2023 2023ShowingTime. ShowingTime.
Local Market Market Update Update –– November Local November 2023 2023
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 December 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of December 14, 2023
WEST TOWN
-- 14.5% 14.5%
-- 10.8% 10.8%
-- 26.8% 26.8%
Local Market November Local MarketUpdate Update || October 20212023
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
November November
Detached Single-Family Single-Family Detached
11-2022 11-2022 22 22 16 16 $1,057,500 $1,057,500 96.9% 96.9% 74 74 43 43
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
11-2023 11-2023 13 13 10 10 $987,500 $987,500 97.9% 97.9% 135 135 43 43
Year Year to to Date Date +/– +/– - 40.9% - 40.9% - 37.5% - 37.5% - 6.6% - 6.6% + 1.0% + 1.0% + 81.8% + 81.8% 0.0% 0.0%
11-2022 11-2022 440 440 227 227 $1,100,000 $1,100,000 97.7% 97.7% 44 44 ---
November November
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
11-2022 11-2022 109 109
11-2023 11-2023 99 99
58 58 $512,500 $512,500
56 56 $562,500 $562,500
97.6% 97.6% 64 64
97.8% 97.8% 34 34
218 218
148 148
11-2023 11-2023 355 355 167 167 $1,135,000 $1,135,000 97.3% 97.3% 65 65 ---
+/– +/– - 19.3% - 19.3% - 26.4% - 26.4% + 3.2% + 3.2% - 0.3% - 0.3% + 48.6% + 48.6% ---
Year Year to to Date Date ++ // –– -- 9.2% 9.2% -- 3.4% 3.4% ++ 9.8% 9.8% ++ 0.2% 0.2%
11-2022 11-2022 2,620 2,620
11-2023 11-2023 1,818 1,818
1,503 1,503 $510,000 $510,000
1,009 1,009 $535,000 $535,000
99.1% 99.1% 48 48
99.2% 99.2% 49 49
---
---
-- 46.3% 46.3% -- 32.1% 32.1%
++ // –– -- 30.6% 30.6% -- 32.9% 32.9% ++ 4.9% 4.9% ++ 0.2% 0.2% ++ 2.3% 2.3% ---
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 December December 14, 14, 2023. 2023. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2023 2023ShowingTime. ShowingTime.