Local Market Market Update Update –– October October 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 November 18, 2020 RESIDENTIALACTIVITY ACTIVITY RESIDENTIAL ONLY | | Data current as of November 18, 2020
AVONDALE
Avondale Avondale
134.6% ++ 134.6%
7.1% -- 7.1%
30.4% ++ 30.4%
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
Local Market Update | October 2020
October October
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
10-2019 10-2019 44
10-2020 10-2020 21 21
13 13 $471,000 $471,000 98.8% 98.8%
13 13 $567,500 $567,500 103.8% 103.8%
62 62 18 18
51 51 22 22
MarketTime Time Market InventoryofofHomes Homesfor forSale Sale Inventory
Yearto toDate Date Year ++/ /–– 425.0% ++425.0% 0.0% 0.0%
10-2019 10-2019 147 147
10-2020 10-2020 171 171
++/ /–– 16.3% ++16.3%
20.5% ++20.5% + 5.1% + 5.1%
92 92 $510,000 $510,000 96.9% 96.9%
93 93 $580,000 $580,000 99.3% 99.3%
1.1% ++1.1% + 13.7% + 13.7%
18.1% - -18.1% 22.2% ++22.2%
70 70 ----
49 49 ----
October October
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
10-2019 10-2019 22 22
10-2020 10-2020 40 40
15 15 $367,000 $367,000 96.5% 96.5%
13 13 $295,000 $295,000 97.6% 97.6%
56 56 38 38
43 43 51 51
MarketTime Time Market Inventory Homesfor forSale Sale Inventory ofofHomes
2.5% ++2.5% 30.0% - 30.0% ----
Yearto toDate Date Year ++/ /–– 81.8% ++81.8% 13.3% - 13.3%
10-2019 10-2019 330 330
10-2020 10-2020 295 295
19.6% - -19.6% + 1.1% + 1.1%
153 153 $370,000 $370,000 97.7% 97.7%
143 143 $365,000 $365,000 99.0% 99.0%
23.8% - -23.8% + 34.2% + 34.2%
52 52 ----
46 46 ----
++/ /–– 10.6% - -10.6% 6.5% - 6.5% 1.4% - -1.4% + 1.3% + 1.3% 11.5% - -11.5% ----
* 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 November 18, 2020. All data from Midwest Real Estate Data. Report © 2020 ShowingTime. Current as of November 18, 2020. All data from Midwest Real Estate Data. Report © 2020 ShowingTime.