Local Market Market Update Update –– October Local October 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 November 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2023
AVONDALE
-- 17.0% 17.0%
-- 44.4% 44.4%
-- 11.5% 11.5%
Local Market | October 2023 Local Market Update Update | October 2021
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
October October
Detached Single-Family Single-Family Detached
10-2022 10-2022 19 19 10 10 $482,000 $482,000 92.5% 92.5% 52 52 21 21
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
10-2023 10-2023 14 14 7 7 $605,000 $605,000 95.3% 95.3% 53 53 17 17
Year Year to to Date Date +/– +/– - 26.3% - 26.3% - 30.0% - 30.0% + 25.5% + 25.5% + 3.0% + 3.0% + 0.9% + 0.9% - 19.0% - 19.0%
10-2022 10-2022 187 187 96 96 $682,500 $682,500 98.7% 98.7% 37 37 ---
October October
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
10-2022 10-2022 28 28
10-2023 10-2023 25 25
17 17 $285,000 $285,000
88 $392,500 $392,500
97.4% 97.4% 55 55
100.3% 100.3% 12 12
40 40
37 37
10-2023 10-2023 137 137 75 75 $605,000 $605,000 98.5% 98.5% 62 62 ---
+/– +/– - 26.7% - 26.7% - 21.9% - 21.9% - 11.4% - 11.4% - 0.1% - 0.1% + 68.5% + 68.5% ---
Year Year to to Date Date ++ // –– -- 10.7% 10.7% -- 52.9% 52.9% ++ 37.7% 37.7% ++ 3.0% 3.0%
10-2022 10-2022 257 257
10-2023 10-2023 209 209
158 158 $345,000 $345,000
125 125 $405,000 $405,000
99.0% 99.0% 45 45
100.1% 100.1% 38 38
---
---
-- 78.1% 78.1% -- 7.5% 7.5%
++ // –– -- 18.7% 18.7% -- 20.9% 20.9% ++ 17.4% 17.4% ++ 1.1% 1.1% -- 17.4% 17.4% ---
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 Avondale Avondale
+ 140% 140% + + 120% 120% +
Attached Single-Family
bb aa
All All Avondale Avondale
++ 100% 100% ++ 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 November November 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 –– October Local October 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 November 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2023
IRVING PARK
-- 35.3% 35.3%
-- 22.2% 22.2%
-- 27.6% 27.6%
Local Market Update | April2021 2023 Local Market | October 2023 Local Market Update Update | October
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
October October
Detached Single-Family Single-Family Detached
10-2022 10-2022 35 35 24 24 $561,500 $561,500 98.4% 98.4% 48 48 56 56
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
10-2023 10-2023 30 30 16 16 $630,000 $630,000 99.8% 99.8% 45 45 48 48
Year Year to to Date Date +/– +/– - 14.3% - 14.3% - 33.3% - 33.3% + 12.2% + 12.2% + 1.4% + 1.4% - 5.5% - 5.5% - 14.3% - 14.3%
10-2022 10-2022 473 473 261 261 $675,000 $675,000 100.0% 100.0% 35 35 ---
October October
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
10-2022 10-2022 33 33
10-2023 10-2023 14 14
12 12 $203,050 $203,050
12 12 $272,500 $272,500
94.6% 94.6% 158 158
96.6% 96.6% 29 29
42 42
23 23
10-2023 10-2023 334 334 170 170 $623,750 $623,750 99.3% 99.3% 46 46 ---
+/– +/– - 29.4% - 29.4% - 34.9% - 34.9% - 7.6% - 7.6% - 0.7% - 0.7% + 32.7% + 32.7% ---
Year Year to to Date Date ++ // –– -- 57.6% 57.6% 0.0% 0.0% ++ 34.2% 34.2% ++ 2.1% 2.1%
10-2022 10-2022 376 376
10-2023 10-2023 237 237
244 244 $231,000 $231,000
177 177 $242,500 $242,500
98.6% 98.6% 61 61
98.9% 98.9% 40 40
---
---
-- 81.7% 81.7% -- 45.2% 45.2%
++ // –– -- 37.0% 37.0% -- 27.5% 27.5% ++ 5.0% 5.0% ++ 0.3% 0.3% -- 35.3% 35.3% ---
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
bb aa
All All Irving Irving Park Park
+ 50% 50% +
Attached Single-Family
bb aa
All All Irving Irving Park Park
++ 60% 60% ++ 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 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 November November 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 –– October Local October 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 November 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2023
LAKEVIEW
-- 22.3% 22.3%
-- 23.5% 23.5%
-- 31.6% 31.6%
Local Market | October 2023 Local Market Update Update | October 2021
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
October October
Detached Single-Family Single-Family Detached
10-2022 10-2022 14 14 7 7 $1,050,000 $1,050,000 97.1% 97.1% 40 40 35 35
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
10-2023 10-2023 23 23 7 7 $1,590,000 $1,590,000 97.1% 97.1% 73 73 23 23
Year Year to to Date Date +/– +/– + 64.3% + 64.3% 0.0% 0.0% + 51.4% + 51.4% - 0.0% - 0.0% + 83.1% + 83.1% - 34.3% - 34.3%
10-2022 10-2022 256 256 152 152 $1,557,500 $1,557,500 99.0% 99.0% 60 60 ---
October October
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
10-2022 10-2022 206 206
10-2023 10-2023 148 148
125 125 $359,000 $359,000
94 94 $427,000 $427,000
97.3% 97.3% 50 50
98.9% 98.9% 29 29
329 329
226 226
10-2023 10-2023 218 218 106 106 $1,595,000 $1,595,000 98.0% 98.0% 61 61 ---
+/– +/– - 14.8% - 14.8% - 30.3% - 30.3% + 2.4% + 2.4% - 1.0% - 1.0% + 0.9% + 0.9% ---
Year Year to to Date Date ++ // –– -- 28.2% 28.2% -- 24.8% 24.8% ++ 18.9% 18.9% ++ 1.6% 1.6%
10-2022 10-2022 3,105 3,105
10-2023 10-2023 2,088 2,088
1,982 1,982 $394,750 $394,750
1,363 1,363 $410,000 $410,000
98.5% 98.5% 49 49
99.2% 99.2% 46 46
---
---
-- 42.2% 42.2% -- 31.3% 31.3%
++ // –– -- 32.8% 32.8% -- 31.2% 31.2% ++ 3.9% 3.9% ++ 0.7% 0.7% -- 5.8% 5.8% ---
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 Lake Lake View View
+ 40% 40% +
Attached Single-Family
bb aa
All All Lake Lake View View
++ 30% 30% ++ 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 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 November November 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 –– October Local October 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 November 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2023
LINCOLN PARK
-- 19.2% 19.2%
-- 20.8% 20.8%
-- 25.5% 25.5%
Local Market | October 2023 Local Market Update Update | October 2021
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
October October
Detached Single-Family Single-Family Detached
10-2022 10-2022 31 31 13 13 $1,650,000 $1,650,000 96.6% 96.6% 54 54 61 61
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
10-2023 10-2023 22 22 13 13 $1,525,000 $1,525,000 95.0% 95.0% 53 53 56 56
Year Year to to Date Date +/– +/– - 29.0% - 29.0% 0.0% 0.0% - 7.6% - 7.6% - 1.7% - 1.7% - 0.9% - 0.9% - 8.2% - 8.2%
10-2022 10-2022 380 380 205 205 $1,735,000 $1,735,000 96.8% 96.8% 63 63 ---
October October
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
10-2022 10-2022 136 136
10-2023 10-2023 113 113
88 88 $502,500 $502,500
67 67 $730,000 $730,000
96.9% 96.9% 45 45
98.1% 98.1% 52 52
268 268
189 189
10-2023 10-2023 315 315 127 127 $1,800,000 $1,800,000 96.1% 96.1% 67 67 ---
+/– +/– - 17.1% - 17.1% - 38.0% - 38.0% + 3.7% + 3.7% - 0.8% - 0.8% + 6.8% + 6.8% ---
Year Year to to Date Date ++ // –– -- 16.9% 16.9% -- 23.9% 23.9% ++ 45.3% 45.3% ++ 1.2% 1.2%
10-2022 10-2022 2,131 2,131
10-2023 10-2023 1,465 1,465
1,353 1,353 $540,000 $540,000
911 911 $560,000 $560,000
98.4% 98.4% 57 57
98.6% 98.6% 54 54
---
---
++ 16.9% 16.9% -- 29.5% 29.5%
++ // –– -- 31.3% 31.3% -- 32.7% 32.7% ++ 3.7% 3.7% ++ 0.2% 0.2% -- 6.4% 6.4% ---
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 Lincoln Lincoln Park Park
+ 40% 40% +
Attached Single-Family
bb aa
All All Lincoln Lincoln Park Park
++ 25% 25% ++ 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 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 November November 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 –– October Local October 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 November 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2023
LINCOLN SQUARE
0.0% 0.0%
-- 26.5% 26.5%
-- 35.7% 35.7%
Local Market | October 2023 Local Market Update Update | October 2021
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
October October
Detached Single-Family Single-Family Detached
10-2022 10-2022 14 14 8 8 $768,000 $768,000 97.6% 97.6% 31 31 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
10-2023 10-2023 14 14 4 4 $552,500 $552,500 95.2% 95.2% 13 13 15 15
Year Year to to Date Date +/– +/– 0.0% 0.0% - 50.0% - 50.0% - 28.1% - 28.1% - 2.4% - 2.4% - 58.7% - 58.7% - 44.4% - 44.4%
10-2022 10-2022 174 174 123 123 $867,000 $867,000 99.2% 99.2% 43 43 ---
October October
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
10-2023 10-2023 132 132 72 72 $1,034,950 $1,034,950 98.7% 98.7% 58 58 ---
+/– +/– - 24.1% - 24.1% - 41.5% - 41.5% + 19.4% + 19.4% - 0.5% - 0.5% + 35.6% + 35.6% ---
Year Year to to Date Date
10-2022 10-2022 29 29
10-2023 10-2023 29 29
++ // –– 0.0% 0.0% -- 19.2% 19.2%
26 26 $288,250 $288,250
21 21 $275,000 $275,000
98.3% 98.3% 40 40
100.1% 100.1% 15 15
-- 4.6% 4.6% ++ 1.9% 1.9% -- 62.8% 62.8%
43 43
30 30
-- 30.2% 30.2%
10-2022 10-2022 528 528
10-2023 10-2023 320 320
344 344 $315,000 $315,000
229 229 $370,000 $370,000
98.8% 98.8% 54 54
100.1% 100.1% 33 33
---
---
++ // –– -- 39.4% 39.4% -- 33.4% 33.4% ++ 17.5% 17.5% ++ 1.3% 1.3% -- 39.0% 39.0% ---
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 Lincoln Lincoln Square Square
+ 70% 70% + + 60% 60% +
Attached Single-Family
bb aa
All All Lincoln Lincoln Square Square
++ 120% 120% ++ 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 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 November November 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 –– October Local October 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 November 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2023
LOGAN SQUARE
-- 22.9% 22.9%
-- 14.9% 14.9%
-- 25.5% 25.5%
Local Market | October 2023 Local Market Update Update | October 2021
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
October October
Detached Single-Family Single-Family Detached
10-2022 10-2022 33 33 11 11 $1,074,000 $1,074,000 100.5% 100.5% 10 10 45 45
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
10-2023 10-2023 25 25 13 13 $955,000 $955,000 94.2% 94.2% 94 94 41 41
Year Year to to Date Date +/– +/– - 24.2% - 24.2% + 18.2% + 18.2% - 11.1% - 11.1% - 6.3% - 6.3% + 807.5% + 807.5% - 8.9% - 8.9%
10-2022 10-2022 357 357 215 215 $925,000 $925,000 99.5% 99.5% 33 33 ---
October October
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
10-2022 10-2022 72 72
10-2023 10-2023 56 56
36 36 $357,000 $357,000
27 27 $577,500 $577,500
97.3% 97.3% 50 50
99.3% 99.3% 71 71
104 104
70 70
10-2023 10-2023 310 310 135 135 $1,005,000 $1,005,000 98.5% 98.5% 61 61 ---
+/– +/– - 13.2% - 13.2% - 37.2% - 37.2% + 8.6% + 8.6% - 1.0% - 1.0% + 83.1% + 83.1% ---
Year Year to to Date Date ++ // –– -- 22.2% 22.2% -- 25.0% 25.0% ++ 61.8% 61.8% ++ 2.1% 2.1%
10-2022 10-2022 973 973
10-2023 10-2023 589 589
586 586 $450,000 $450,000
380 380 $489,750 $489,750
99.5% 99.5% 46 46
100.1% 100.1% 45 45
---
---
++ 42.7% 42.7% -- 32.7% 32.7%
++ // –– -- 39.5% 39.5% -- 35.2% 35.2% ++ 8.8% 8.8% ++ 0.6% 0.6% -- 1.8% 1.8% ---
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 Logan Logan Square Square
+ 80% 80% +
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 1-2023
-- 30% 30% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
bb aa
All All Logan Logan Square Square
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 November November 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 –– October Local October 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 November 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2023
LOOP
-- 4.1% 4.1%
+ + 27.7% 27.7%
-- 10.7% 10.7%
Local Market | October 2023 Local Market Update Update | October 2021
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
October October
Detached Single-Family Single-Family Detached
10-2022 10-2022 0 0 0 0 $0 $0 0.0% 0.0% 0 0 0 0
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
10-2023 10-2023 0 0 0 0 $0 $0 0.0% 0.0% 0 0 0 0
Year Year to to Date Date +/– +/– -------------
10-2022 10-2022 2 2 0 0 $0 $0 0.0% 0.0% 0 0 ---
October October
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
10-2022 10-2022 121 121
10-2023 10-2023 116 116
47 47 $345,000 $345,000
60 60 $403,000 $403,000
97.0% 97.0% 123 123
97.3% 97.3% 82 82
336 336
300 300
10-2023 10-2023 1 1 0 0 $0 $0 0.0% 0.0% 0 0 ---
+/– +/– - 50.0% - 50.0% -----------
Year Year to to Date Date ++ // –– -- 4.1% 4.1% ++ 27.7% 27.7% ++ 16.8% 16.8% ++ 0.3% 0.3%
10-2022 10-2022 1,738 1,738
10-2023 10-2023 1,389 1,389
852 852 $375,000 $375,000
683 683 $347,500 $347,500
97.2% 97.2% 105 105
97.1% 97.1% 97 97
---
---
-- 33.9% 33.9% -- 10.7% 10.7%
++ // –– -- 20.1% 20.1% -- 19.8% 19.8% -- 7.3% 7.3% -- 0.1% 0.1% -- 7.1% 7.1% ---
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
bb aa
All All Loop Loop
+ 25% 25% + + 20% 20% +
Attached Single-Family
bb aa
All All Loop Loop
++ 50% 50% ++ 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 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 November November 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 –– October Local October 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 November 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2023
NEAR NORTH SIDE
+ + 19.4% 19.4%
+ + 3.4% 3.4%
-- 8.1% 8.1%
Local Market | October 2023 Local Market Update Update | October 2021
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
October October
Detached Single-Family Single-Family Detached
10-2022 10-2022 5 5 2 2 $2,559,000 $2,559,000 79.4% 79.4% 621 621 32 32
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
10-2023 10-2023 12 12 1 1 $1,700,000 $1,700,000 89.7% 89.7% 444 444 42 42
Year Year to to Date Date +/– +/– + 140.0% + 140.0% - 50.0% - 50.0% - 33.6% - 33.6% + 12.9% + 12.9% - 28.5% - 28.5% + 31.3% + 31.3%
10-2022 10-2022 104 104 37 37 $2,150,000 $2,150,000 92.3% 92.3% 254 254 ---
October October
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
10-2023 10-2023 110 110 22 22 $2,200,000 $2,200,000 90.2% 90.2% 307 307 ---
+/– +/– + 5.8% + 5.8% - 40.5% - 40.5% + 2.3% + 2.3% - 2.3% - 2.3% + 20.7% + 20.7% ---
Year Year to to Date Date
10-2022 10-2022 402 402
10-2023 10-2023 474 474
++ // –– ++ 17.9% 17.9% ++ 4.1% 4.1%
147 147 $399,000 $399,000
153 153 $390,000 $390,000
95.2% 95.2% 105 105
96.9% 96.9% 88 88
-- 2.3% 2.3% ++ 1.8% 1.8% -- 16.3% 16.3%
1,269 1,269
1,153 1,153
-- 9.1% 9.1%
10-2022 10-2022 6,144 6,144
10-2023 10-2023 5,315 5,315
2,556 2,556 $420,000 $420,000
2,110 2,110 $396,250 $396,250
96.8% 96.8% 112 112
96.7% 96.7% 104 104
---
---
++ // –– -- 13.5% 13.5% -- 17.4% 17.4% -- 5.7% 5.7% -- 0.2% 0.2% -- 6.5% 6.5% ---
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 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
-- 30% 30% 1-2009 1-2009
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
bb aa
All All Near Near North North Side Side
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 November November 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 –– October Local October 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 November 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2023
NEAR SOUTH SIDE
-- 3.5% 3.5%
-- 30.0% 30.0%
-- 20.9% 20.9%
Local Market | October 2023 Local Market Update Update | October 2021
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
October October
Detached Single-Family Single-Family Detached
10-2022 10-2022 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
10-2023 10-2023 0 0 0 0 $0 $0 0.0% 0.0% 0 0 2 2
Year Year to to Date Date +/– +/– ----------+ 100.0% + 100.0%
10-2022 10-2022 5 5 7 7 $1,280,000 $1,280,000 94.1% 94.1% 135 135 ---
October October
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
10-2022 10-2022 85 85
10-2023 10-2023 82 82
40 40 $373,500 $373,500
28 28 $329,000 $329,000
99.7% 99.7% 83 83
98.0% 98.0% 99 99
224 224
176 176
10-2023 10-2023 9 9 6 6 $1,830,000 $1,830,000 93.5% 93.5% 84 84 ---
+/– +/– + 80.0% + 80.0% - 14.3% - 14.3% + 43.0% + 43.0% - 0.7% - 0.7% - 37.3% - 37.3% ---
Year Year to to Date Date ++ // –– -- 3.5% 3.5% -- 30.0% 30.0% -- 11.9% 11.9% -- 1.7% 1.7% ++ 19.4% 19.4% -- 21.4% 21.4%
10-2022 10-2022 1,456 1,456
10-2023 10-2023 1,064 1,064
639 639 $375,000 $375,000
482 482 $386,250 $386,250
100.2% 100.2% 87 87
100.5% 100.5% 79 79
---
---
++ // –– -- 26.9% 26.9% -- 24.6% 24.6% ++ 3.0% 3.0% ++ 0.3% 0.3% -- 9.3% 9.3% ---
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
bb aa
All All Near Near South South Side Side
+ 120% 120% + + 100% 100% +
Attached Single-Family
bb aa
All All Near Near South South Side Side
++ 50% 50% ++ 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 November November 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 –– October Local October 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 November 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2023
NEAR WEST SIDE
-- 13.7% 13.7%
+ + 8.5% 8.5%
-- 28.1% 28.1%
Local Market | October 2023 Local Market Update Update | October 2021
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
October October
Detached Single-Family Single-Family Detached
10-2022 10-2022 3 3 2 2 $307,500 $307,500 85.3% 85.3% 34 34 17 17
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
10-2023 10-2023 7 7 1 1 $273,500 $273,500 100.0% 100.0% 5 5 14 14
Year Year to to Date Date +/– +/– + 133.3% + 133.3% - 50.0% - 50.0% - 11.1% - 11.1% + 17.2% + 17.2% - 85.3% - 85.3% - 17.6% - 17.6%
10-2022 10-2022 87 87 23 23 $480,000 $480,000 94.8% 94.8% 97 97 ---
October October
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
10-2022 10-2022 128 128
10-2023 10-2023 106 106
57 57 $427,500 $427,500
63 63 $350,000 $350,000
99.7% 99.7% 72 72
97.3% 97.3% 65 65
286 286
204 204
10-2023 10-2023 69 69 23 23 $680,000 $680,000 98.0% 98.0% 94 94 ---
+/– +/– - 20.7% - 20.7% 0.0% 0.0% + 41.7% + 41.7% + 3.4% + 3.4% - 3.0% - 3.0% ---
Year Year to to Date Date ++ // –– -- 17.2% 17.2% ++ 10.5% 10.5% -- 18.1% 18.1% -- 2.4% 2.4%
10-2022 10-2022 2,354 2,354
10-2023 10-2023 1,553 1,553
1,180 1,180 $386,000 $386,000
826 826 $395,000 $395,000
99.7% 99.7% 66 66
99.9% 99.9% 68 68
---
---
-- 9.9% 9.9% -- 28.7% 28.7%
++ // –– -- 34.0% 34.0% -- 30.0% 30.0% ++ 2.3% 2.3% ++ 0.2% 0.2% ++ 3.4% 3.4% ---
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 West West Side Side
+ 450% 450% +
Attached Single-Family
bb aa
All All Near Near West West Side Side
++ 30% 30%
+ 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 November November 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 –– October Local October 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 November 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2023
NORTH CENTER
+ + 10.9% 10.9%
-- 33.3% 33.3%
-- 23.4% 23.4%
Local Market | October 2023 Local Market Update Update | October 2021
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
October October
Detached Single-Family Single-Family Detached
10-2022 10-2022 20 20 14 14 $1,221,250 $1,221,250 97.8% 97.8% 50 50 32 32
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
10-2023 10-2023 32 32 12 12 $1,313,500 $1,313,500 97.1% 97.1% 32 32 39 39
Year Year to to Date Date +/– +/– + 60.0% + 60.0% - 14.3% - 14.3% + 7.6% + 7.6% - 0.7% - 0.7% - 35.5% - 35.5% + 21.9% + 21.9%
10-2022 10-2022 304 304 184 184 $1,250,000 $1,250,000 99.8% 99.8% 25 25 ---
October October
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
10-2022 10-2022 44 44
10-2023 10-2023 39 39
25 25 $533,000 $533,000
14 14 $419,500 $419,500
97.9% 97.9% 64 64
97.2% 97.2% 24 24
75 75
43 43
10-2023 10-2023 264 264 129 129 $1,370,000 $1,370,000 98.5% 98.5% 41 41 ---
+/– +/– - 13.2% - 13.2% - 29.9% - 29.9% + 9.6% + 9.6% - 1.3% - 1.3% + 63.3% + 63.3% ---
Year Year to to Date Date ++ // –– -- 11.4% 11.4% -- 44.0% 44.0% -- 21.3% 21.3% -- 0.7% 0.7% -- 62.7% 62.7% -- 42.7% 42.7%
10-2022 10-2022 614 614
10-2023 10-2023 427 427
353 353 $489,900 $489,900
273 273 $523,000 $523,000
100.2% 100.2% 35 35
99.5% 99.5% 48 48
---
---
++ // –– -- 30.5% 30.5% -- 22.7% 22.7% ++ 6.8% 6.8% -- 0.7% 0.7% ++ 37.3% 37.3% ---
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
bb aa
All All North North Center Center
+ 50% 50% +
Attached Single-Family
bb aa
All All North North Center Center
++ 25% 25% ++ 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 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 November November 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 –– October Local October 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 November 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2023
UPTOWN
+ + 1.3% 1.3%
-- 4.3% 4.3%
-- 35.8% 35.8%
Local Market | October 2023 Local Market Update Update | October 2021
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
October October
Detached Single-Family Single-Family Detached
10-2022 10-2022 4 4 2 2 $1,149,000 $1,149,000 93.5% 93.5% 79 79 17 17
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
10-2023 10-2023 7 7 1 1 $675,000 $675,000 103.9% 103.9% 61 61 12 12
Year Year to to Date Date +/– +/– + 75.0% + 75.0% - 50.0% - 50.0% - 41.3% - 41.3% + 11.1% + 11.1% - 22.8% - 22.8% - 29.4% - 29.4%
10-2022 10-2022 59 59 31 31 $1,200,000 $1,200,000 96.8% 96.8% 101 101 ---
October October
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
10-2023 10-2023 58 58 23 23 $1,101,000 $1,101,000 96.6% 96.6% 68 68 ---
+/– +/– - 1.7% - 1.7% - 25.8% - 25.8% - 8.3% - 8.3% - 0.2% - 0.2% - 32.5% - 32.5% ---
Year Year to to Date Date
10-2022 10-2022 74 74
10-2023 10-2023 72 72
++ // –– -- 2.7% 2.7% -- 2.2% 2.2%
45 45 $289,000 $289,000
44 44 $279,750 $279,750
97.3% 97.3% 39 39
97.8% 97.8% 26 26
-- 3.2% 3.2% ++ 0.6% 0.6% -- 32.8% 32.8%
134 134
85 85
-- 36.6% 36.6%
10-2022 10-2022 1,200 1,200
10-2023 10-2023 798 798
820 820 $309,500 $309,500
569 569 $320,000 $320,000
98.9% 98.9% 51 51
100.1% 100.1% 41 41
---
---
++ // –– -- 33.5% 33.5% -- 30.6% 30.6% ++ 3.4% 3.4% ++ 1.2% 1.2% -- 20.6% 20.6% ---
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 Uptown Uptown
+ 100% 100% +
Attached Single-Family
bb aa
All All Uptown Uptown
++ 40% 40% ++ 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 November November 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 –– October Local October 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 November 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2023
WEST TOWN
-- 9.1% 9.1%
-- 6.1% 6.1%
-- 23.6% 23.6%
Local Market | October 2023 Local Market Update Update | October 2021
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
October October
Detached Single-Family Single-Family Detached
10-2022 10-2022 37 37 15 15 $1,100,000 $1,100,000 95.5% 95.5% 52 52 56 56
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
10-2023 10-2023 32 32 16 16 $1,072,500 $1,072,500 95.6% 95.6% 79 79 56 56
Year Year to to Date Date +/– +/– - 13.5% - 13.5% + 6.7% + 6.7% - 2.5% - 2.5% + 0.0% + 0.0% + 51.9% + 51.9% 0.0% 0.0%
10-2022 10-2022 418 418 211 211 $1,105,000 $1,105,000 97.7% 97.7% 41 41 ---
October October
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
10-2022 10-2022 150 150
10-2023 10-2023 138 138
67 67 $512,500 $512,500
61 61 $610,000 $610,000
97.8% 97.8% 46 46
98.5% 98.5% 48 48
258 258
184 184
10-2023 10-2023 342 342 157 157 $1,150,000 $1,150,000 97.3% 97.3% 60 60 ---
+/– +/– - 18.2% - 18.2% - 25.6% - 25.6% + 4.1% + 4.1% - 0.4% - 0.4% + 46.2% + 46.2% ---
Year Year to to Date Date ++ // –– -- 8.0% 8.0% -- 9.0% 9.0% ++ 19.0% 19.0% ++ 0.7% 0.7%
10-2022 10-2022 2,511 2,511
10-2023 10-2023 1,718 1,718
1,445 1,445 $510,000 $510,000
951 951 $535,000 $535,000
99.1% 99.1% 47 47
99.3% 99.3% 50 50
---
---
++ 4.6% 4.6% -- 28.7% 28.7%
++ // –– -- 31.6% 31.6% -- 34.2% 34.2% ++ 4.9% 4.9% ++ 0.2% 0.2% ++ 5.6% 5.6% ---
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 West West Town Town
+ 40% 40% +
Attached Single-Family
bb aa
All All West West Town Town
++ 25% 25% ++ 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 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 November November 14, 14, 2023. 2023. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2023 2023ShowingTime. ShowingTime.