Local Market Market Update Update –– September September 2021 2021 Local
ResearchTool ToolProvided Provided bythe Chicago AssociationofofREALTORS® REALTORS® K L by O Pthe AChicago S AAResearch Association S T RONLY AT T O NData current as of October 14, 2021 RESIDENTIALACTIVITY ACTIVITY RESIDENTIAL ONLY | | Data current as of October 14, 2021
AVONDALE
Avondale Avondale
Local Market Update | September 2021
4.9% -- 4.9%
51.2% -- 51.2%
9.0% ++ 9.0%
Changeinin Change NewListings Listings New AllProperties Properties All
Changeinin Change ClosedSales Sales Closed AllProperties Properties All
Changeinin Change Inventoryof ofHomes Homes Inventory AllProperties Properties All
September September
DetachedSingle-Family Single-Family Detached
NewListings Listings New Closed Sales Closed Sales
MedianSales SalesPrice* Price* Median Percent of Original ListPrice PriceReceived* Received* Percent of Original List
Yearto toDate Date Year
9-2020 9-2020 19 19
9-2021 9-2021 21 21
++/ /–– 10.5% ++10.5%
9-2020 9-2020 150 150
9-2021 9-2021 131 131
++/ /–– 12.7% - -12.7%
18 18 $660,000 $660,000 98.7% 98.7%
55 $389,000 $389,000 98.5% 98.5%
72.2% - -72.2% 41.1% - 41.1%
80 80 $583,500 $583,500 98.6% 98.6%
70 70 $488,775 $488,775 99.3% 99.3%
12.5% - -12.5% 16.2% - 16.2%
57 57 16 16
13 13 23 23
48 48 ----
40 40 ----
MarketTime Time Market InventoryofofHomes Homesfor forSale Sale Inventory
0.2% - -0.2% 76.4% - 76.4% 43.8% ++43.8%
September September
AttachedSingle-Family Single-Family Attached
NewListings Listings New Closed Sales Closed Sales
MedianSales SalesPrice* Price* Median Percent of Original ListPrice PriceReceived* Received* Percent of Original List
9-2020 9-2020 42 42
9-2021 9-2021 37 37
23 23 $361,000 $361,000 99.7% 99.7%
15 15 $360,000 $360,000 98.5% 98.5%
30 30 51 51
13 13 50 50
MarketTime Time Market Inventory Homesfor forSale Sale Inventory ofofHomes
0.7% ++0.7% 16.7% - 16.7% ----
Yearto toDate Date Year ++/ /––
9-2020 9-2020 255 255
9-2021 9-2021 314 314
0.3% - -0.3% 1.2% - 1.2%
130 130 $367,000 $367,000 99.1% 99.1%
186 186 $414,500 $414,500 99.4% 99.4%
12.9% ++12.9% + 0.3% + 0.3%
57.1% - -57.1% 2.0% - 2.0%
46 46 ----
38 38 ----
17.4% - -17.4% ----
11.9% - -11.9% 34.8% - 34.8%
++/ /–– 23.1% ++23.1% + 43.1% + 43.1%
* Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. * Does not account for sale concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Changein inMedian MedianSales SalesPrice Price from from Prior Prior Year Year(6-Month (6-MonthAverage) Average)†† Change DetachedSingle-Family Single-Family Detached
All All Avondale Avondale
+ 140% + 140% + 120% + 120%
AttachedSingle-Family Single-Family Attached
All All Avondale Avondale
+ 100% + 100%
bb aa
+ 80% + 80%
+ 100% + 100%
+ 60% + 60%
+ 80% + 80%
+ 40% + 40%
+ 60% + 60%
+ 20% + 20%
+ 40% + 40% + 20% + 20%
0% 0%
0% 0%
- 20% - 20%
- 20% - 20%
- 40% - 40%
- 40% - 40% - 60% - 60% 1-2009 1-2009
bb aa
1-2011 1-2011
1-2013 1-2013
1-2015 1-2015
1-2017 1-2017
1-2019 1-2019
1-2021 1-2021
- 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
Eachdot dotrepresents representsthe thechange changeininmedian mediansales salesprice pricefrom fromthe theprior prioryear yearusing usingaa6-month 6-monthweighted weightedaverage. average. ††Each Thismeans meansthat thateach eachofofthe the66months monthsused usedininaadot dotare areproportioned proportionedaccording accordingtototheir theirshare shareofofsales salesduring duringthat thatperiod. period. This Current as of October 14, 2021. All data from Midwest Real Estate Data. Report © 2021 ShowingTime. Current as of October 14, 2021. All data from Midwest Real Estate Data. Report © 2021 ShowingTime.