October 2023 Market Update

Page 1

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.


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