Local Market Market Update Update –– September Local September 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 October 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2023
AVONDALE
-- 15.6% 15.6%
+ + 78.6% 78.6%
-- 18.2% 18.2%
Local Market September Local MarketUpdate Update | |October 2021 2023
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
September September
Detached Single-Family Single-Family Detached
9-2022 9-2022 18 18 7 7 $755,000 $755,000 97.1% 97.1% 72 72 25 25
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
9-2023 9-2023 15 15 11 11 $450,000 $450,000 98.2% 98.2% 37 37 18 18
Year Year to to Date Date +/– +/– - 16.7% - 16.7% + 57.1% + 57.1% - 40.4% - 40.4% + 1.1% + 1.1% - 49.2% - 49.2% - 28.0% - 28.0%
9-2022 9-2022 168 168 86 86 $700,000 $700,000 99.4% 99.4% 35 35 ---
September September
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
9-2022 9-2022 27 27
9-2023 9-2023 23 23
77 $286,000 $286,000
14 14 $319,450 $319,450
96.4% 96.4% 144 144
99.4% 99.4% 11 11
30 30
27 27
9-2023 9-2023 123 123 68 68 $617,500 $617,500 98.9% 98.9% 62 62 ---
+/– +/– - 26.8% - 26.8% - 20.9% - 20.9% - 11.8% - 11.8% - 0.5% - 0.5% + 80.0% + 80.0% ---
Year Year to to Date Date ++ // –– -- 14.8% 14.8% ++ 100.0% 100.0% ++ 11.7% 11.7% ++ 3.0% 3.0%
9-2022 9-2022 229 229
9-2023 9-2023 184 184
141 141 $345,000 $345,000
117 117 $405,000 $405,000
99.2% 99.2% 44 44
100.1% 100.1% 39 39
---
---
-- 92.3% 92.3% -- 10.0% 10.0%
++ // –– -- 19.7% 19.7% -- 17.0% 17.0% ++ 17.4% 17.4% ++ 0.9% 0.9% -- 11.3% 11.3% ---
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 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 October October 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 –– September Local September 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 October 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2023
IRVING PARK
-- 26.3% 26.3%
-- 19.5% 19.5%
-- 29.8% 29.8%
Local Market September Local MarketUpdate Update | |October 2021 2023
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
September September
Detached Single-Family Single-Family Detached
9-2022 9-2022 46 46 20 20 $730,000 $730,000 97.0% 97.0% 36 36 62 62
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
9-2023 9-2023 36 36 14 14 $592,500 $592,500 97.1% 97.1% 38 38 52 52
Year Year to to Date Date +/– +/– - 21.7% - 21.7% - 30.0% - 30.0% - 18.8% - 18.8% + 0.1% + 0.1% + 5.4% + 5.4% - 16.1% - 16.1%
9-2022 9-2022 438 438 237 237 $685,000 $685,000 100.1% 100.1% 33 33 ---
September September
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
9-2022 9-2022 34 34
9-2023 9-2023 23 23
21 21 $218,000 $218,000
19 19 $242,000 $242,000
96.6% 96.6% 93 93
95.1% 95.1% 39 39
52 52
28 28
9-2023 9-2023 302 302 154 154 $619,500 $619,500 99.2% 99.2% 46 46 ---
+/– +/– - 31.1% - 31.1% - 35.0% - 35.0% - 9.6% - 9.6% - 0.9% - 0.9% + 38.2% + 38.2% ---
Year Year to to Date Date ++ // –– -- 32.4% 32.4% -- 9.5% 9.5% ++ 11.0% 11.0% -- 1.5% 1.5%
9-2022 9-2022 343 343
9-2023 9-2023 223 223
232 232 $233,000 $233,000
164 164 $242,250 $242,250
98.8% 98.8% 56 56
99.0% 99.0% 41 41
---
---
-- 57.9% 57.9% -- 46.2% 46.2%
++ // –– -- 35.0% 35.0% -- 29.3% 29.3% ++ 4.0% 4.0% ++ 0.3% 0.3% -- 27.7% 27.7% ---
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 October October 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 –– September Local September 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 October 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2023
LAKEVIEW
-- 21.8% 21.8%
+ + 7.9% 7.9%
-- 32.3% 32.3%
Local Market September Local MarketUpdate Update | |October 2021 2023
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
September September
Detached Single-Family Single-Family Detached
9-2022 9-2022 26 26 13 13 $1,710,000 $1,710,000 97.1% 97.1% 123 123 36 36
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
9-2023 9-2023 15 15 10 10 $1,701,250 $1,701,250 98.8% 98.8% 49 49 24 24
Year Year to to Date Date +/– +/– - 42.3% - 42.3% - 23.1% - 23.1% - 0.5% - 0.5% + 1.7% + 1.7% - 60.2% - 60.2% - 33.3% - 33.3%
9-2022 9-2022 242 242 145 145 $1,570,125 $1,570,125 99.1% 99.1% 61 61 ---
September September
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
9-2023 9-2023 196 196 99 99 $1,600,000 $1,600,000 98.0% 98.0% 60 60 ---
+/– +/– - 19.0% - 19.0% - 31.7% - 31.7% + 1.9% + 1.9% - 1.0% - 1.0% - 2.1% - 2.1% ---
Year Year to to Date Date
9-2022 9-2022 236 236
9-2023 9-2023 190 190
++ // –– -- 19.5% 19.5% ++ 11.1% 11.1%
126 126 $412,500 $412,500
140 140 $375,435 $375,435
97.0% 97.0% 45 45
98.7% 98.7% 37 37
-- 9.0% 9.0% ++ 1.8% 1.8% -- 18.6% 18.6%
348 348
236 236
-- 32.2% 32.2%
9-2022 9-2022 2,899 2,899
9-2023 9-2023 1,932 1,932
1,857 1,857 $397,500 $397,500
1,268 1,268 $408,500 $408,500
98.6% 98.6% 49 49
99.3% 99.3% 48 48
---
---
++ // –– -- 33.4% 33.4% -- 31.7% 31.7% ++ 2.8% 2.8% ++ 0.6% 0.6% -- 3.0% 3.0% ---
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 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 October October 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 –– September Local September 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 October 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2023
LINCOLN PARK
-- 28.1% 28.1%
-- 21.5% 21.5%
-- 31.8% 31.8%
Local Market September Local MarketUpdate Update | |October 2021 2023
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
September September
Detached Single-Family Single-Family Detached
9-2022 9-2022 38 38 18 18 $1,930,000 $1,930,000 94.0% 94.0% 79 79 63 63
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
9-2023 9-2023 26 26 15 15 $2,100,000 $2,100,000 94.7% 94.7% 66 66 66 66
Year Year to to Date Date +/– +/– - 31.6% - 31.6% - 16.7% - 16.7% + 8.8% + 8.8% + 0.7% + 0.7% - 16.3% - 16.3% + 4.8% + 4.8%
9-2022 9-2022 349 349 192 192 $1,742,500 $1,742,500 96.8% 96.8% 64 64 ---
September September
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
9-2023 9-2023 293 293 114 114 $1,837,000 $1,837,000 96.2% 96.2% 69 69 ---
+/– +/– - 16.0% - 16.0% - 40.6% - 40.6% + 5.4% + 5.4% - 0.7% - 0.7% + 8.2% + 8.2% ---
Year Year to to Date Date
9-2022 9-2022 183 183
9-2023 9-2023 133 133
++ // –– -- 27.3% 27.3% -- 22.5% 22.5%
89 89 $545,000 $545,000
69 69 $536,500 $536,500
96.6% 96.6% 43 43
98.1% 98.1% 30 30
-- 1.6% 1.6% ++ 1.6% 1.6% -- 31.5% 31.5%
286 286
172 172
-- 39.9% 39.9%
9-2022 9-2022 1,995 1,995
9-2023 9-2023 1,346 1,346
1,265 1,265 $540,000 $540,000
842 842 $550,000 $550,000
98.6% 98.6% 58 58
98.7% 98.7% 54 54
---
---
++ // –– -- 32.5% 32.5% -- 33.4% 33.4% ++ 1.9% 1.9% ++ 0.1% 0.1% -- 8.3% 8.3% ---
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 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 October October 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 –– September Local September 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 October 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2023
LINCOLN SQUARE
-- 35.5% 35.5%
-- 8.8% 8.8%
-- 22.5% 22.5%
Local Market September Local MarketUpdate Update | |October 2021 2023
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
September September
Detached Single-Family Single-Family Detached
9-2022 9-2022 23 23 9 9 $762,000 $762,000 95.8% 95.8% 28 28 25 25
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
9-2023 9-2023 8 8 5 5 $1,275,000 $1,275,000 95.8% 95.8% 63 63 23 23
Year Year to to Date Date +/– +/– - 65.2% - 65.2% - 44.4% - 44.4% + 67.3% + 67.3% - 0.0% - 0.0% + 121.5% + 121.5% - 8.0% - 8.0%
9-2022 9-2022 160 160 115 115 $895,000 $895,000 99.3% 99.3% 44 44 ---
September September
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
9-2022 9-2022 39 39
9-2023 9-2023 32 32
25 25 $300,000 $300,000
26 26 $331,250 $331,250
96.0% 96.0% 45 45
99.9% 99.9% 40 40
46 46
32 32
9-2023 9-2023 118 118 68 68 $1,069,950 $1,069,950 98.9% 98.9% 61 61 ---
+/– +/– - 26.3% - 26.3% - 40.9% - 40.9% + 19.5% + 19.5% - 0.4% - 0.4% + 39.2% + 39.2% ---
Year Year to to Date Date ++ // –– -- 17.9% 17.9% ++ 4.0% 4.0% ++ 10.4% 10.4% ++ 4.1% 4.1%
9-2022 9-2022 499 499
9-2023 9-2023 291 291
318 318 $315,700 $315,700
208 208 $380,500 $380,500
98.8% 98.8% 55 55
100.1% 100.1% 34 34
---
---
-- 10.5% 10.5% -- 30.4% 30.4%
++ // –– -- 41.7% 41.7% -- 34.6% 34.6% ++ 20.5% 20.5% ++ 1.3% 1.3% -- 36.9% 36.9% ---
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 October October 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 –– September Local September 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 October 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2023
LOGAN SQUARE
-- 18.8% 18.8%
-- 32.2% 32.2%
-- 24.0% 24.0%
Local Market September Local MarketUpdate Update | |October 2021 2023
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
September September
Detached Single-Family Single-Family Detached
9-2022 9-2022 41 41 22 22 $900,000 $900,000 97.6% 97.6% 31 31 48 48
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
9-2023 9-2023 31 31 9 9 $1,275,000 $1,275,000 98.3% 98.3% 45 45 46 46
Year Year to to Date Date +/– +/– - 24.4% - 24.4% - 59.1% - 59.1% + 41.7% + 41.7% + 0.7% + 0.7% + 45.8% + 45.8% - 4.2% - 4.2%
9-2022 9-2022 324 324 204 204 $925,000 $925,000 99.4% 99.4% 34 34 ---
September September
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
9-2022 9-2022 76 76
9-2023 9-2023 64 64
37 37 $455,000 $455,000
31 31 $525,000 $525,000
99.3% 99.3% 35 35
99.9% 99.9% 39 39
98 98
65 65
9-2023 9-2023 284 284 122 122 $1,008,750 $1,008,750 98.9% 98.9% 57 57 ---
+/– +/– - 12.3% - 12.3% - 40.2% - 40.2% + 9.1% + 9.1% - 0.5% - 0.5% + 66.8% + 66.8% ---
Year Year to to Date Date ++ // –– -- 15.8% 15.8% -- 16.2% 16.2% ++ 15.4% 15.4% ++ 0.5% 0.5%
9-2022 9-2022 901 901
9-2023 9-2023 533 533
550 550 $455,000 $455,000
353 353 $481,000 $481,000
99.7% 99.7% 46 46
100.1% 100.1% 43 43
---
---
++ 12.7% 12.7% -- 33.7% 33.7%
++ // –– -- 40.8% 40.8% -- 35.8% 35.8% ++ 5.7% 5.7% ++ 0.5% 0.5% -- 5.5% 5.5% ---
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 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 October October 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 –– September Local September 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 October 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2023
LOOP
-- 2.3% 2.3%
-- 10.0% 10.0%
-- 11.7% 11.7%
Local Market September Local MarketUpdate Update | |October 2021 2023
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
September September
Detached Single-Family Single-Family Detached
9-2022 9-2022 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
9-2023 9-2023 0 0 0 0 $0 $0 0.0% 0.0% 0 0 0 0
Year Year to to Date Date +/– +/– -------------
9-2022 9-2022 2 2 0 0 $0 $0 0.0% 0.0% 0 0 ---
September September
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
9-2023 9-2023 1 1 0 0 $0 $0 0.0% 0.0% 0 0 ---
+/– +/– - 50.0% - 50.0% -----------
Year Year to to Date Date
9-2022 9-2022 129 129
9-2023 9-2023 126 126
++ // –– -- 2.3% 2.3% -- 10.0% 10.0%
70 70 $367,000 $367,000
63 63 $355,000 $355,000
96.8% 96.8% 149 149
97.4% 97.4% 55 55
-- 3.3% 3.3% ++ 0.6% 0.6% -- 63.4% 63.4%
358 358
316 316
-- 11.7% 11.7%
9-2022 9-2022 1,617 1,617
9-2023 9-2023 1,273 1,273
805 805 $375,000 $375,000
623 623 $344,000 $344,000
97.2% 97.2% 104 104
97.1% 97.1% 99 99
---
---
++ // –– -- 21.3% 21.3% -- 22.6% 22.6% -- 8.3% 8.3% -- 0.1% 0.1% -- 4.6% 4.6% ---
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 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 October October 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 –– September Local September 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 October 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2023
NEAR NORTH SIDE
-- 3.4% 3.4%
-- 3.3% 3.3%
-- 12.9% 12.9%
Local Market September Local MarketUpdate Update | |October 2021 2023
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
September September
Detached Single-Family Single-Family Detached
9-2022 9-2022 15 15 3 3 $1,900,000 $1,900,000 95.7% 95.7% 460 460 37 37
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
9-2023 9-2023 14 14 2 2 $2,187,500 $2,187,500 95.1% 95.1% 327 327 43 43
Year Year to to Date Date +/– +/– - 6.7% - 6.7% - 33.3% - 33.3% + 15.1% + 15.1% - 0.6% - 0.6% - 29.0% - 29.0% + 16.2% + 16.2%
9-2022 9-2022 99 99 35 35 $2,150,000 $2,150,000 93.0% 93.0% 233 233 ---
September September
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
9-2022 9-2022 569 569
9-2023 9-2023 550 550
207 207 $413,500 $413,500
201 201 $425,000 $425,000
96.3% 96.3% 103 103
96.4% 96.4% 107 107
1,376 1,376
1,188 1,188
9-2023 9-2023 98 98 21 21 $2,200,000 $2,200,000 90.2% 90.2% 300 300 ---
+/– +/– - 1.0% - 1.0% - 40.0% - 40.0% + 2.3% + 2.3% - 3.0% - 3.0% + 28.8% + 28.8% ---
Year Year to to Date Date ++ // –– -- 3.3% 3.3% -- 2.9% 2.9% ++ 2.8% 2.8% ++ 0.1% 0.1%
9-2022 9-2022 5,742 5,742
9-2023 9-2023 4,839 4,839
2,409 2,409 $425,000 $425,000
1,955 1,955 $400,000 $400,000
96.9% 96.9% 112 112
96.7% 96.7% 106 106
---
---
++ 4.3% 4.3% -- 13.7% 13.7%
++ // –– -- 15.7% 15.7% -- 18.8% 18.8% -- 5.9% 5.9% -- 0.3% 0.3% -- 5.7% 5.7% ---
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 October October 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 –– September Local September 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 October 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2023
NEAR SOUTH SIDE
-- 27.3% 27.3%
+ + 9.4% 9.4%
-- 26.7% 26.7%
Local Market September Local MarketUpdate Update | |October 2021 2023
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
September September
Detached Single-Family Single-Family Detached
9-2022 9-2022 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
9-2023 9-2023 0 0 1 1 $1,130,000 $1,130,000 97.0% 97.0% 39 39 2 2
Year Year to to Date Date +/– +/– ----------+ 100.0% + 100.0%
9-2022 9-2022 5 5 7 7 $1,280,000 $1,280,000 94.1% 94.1% 135 135 ---
September September
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
9-2022 9-2022 143 143
9-2023 9-2023 104 104
53 53 $380,000 $380,000
57 57 $369,900 $369,900
99.9% 99.9% 71 71
99.0% 99.0% 58 58
265 265
193 193
9-2023 9-2023 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 ++ // –– -- 27.3% 27.3% ++ 7.5% 7.5% -- 2.7% 2.7% -- 0.9% 0.9% -- 18.1% 18.1% -- 27.2% 27.2%
9-2022 9-2022 1,371 1,371
9-2023 9-2023 982 982
599 599 $375,000 $375,000
454 454 $390,000 $390,000
100.3% 100.3% 87 87
100.6% 100.6% 78 78
---
---
++ // –– -- 28.4% 28.4% -- 24.2% 24.2% ++ 4.0% 4.0% ++ 0.4% 0.4% -- 11.0% 11.0% ---
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 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 October October 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 –– September Local September 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 October 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2023
NEAR WEST SIDE
-- 27.0% 27.0%
-- 28.6% 28.6%
-- 34.2% 34.2%
Local Market September Local MarketUpdate Update | |October 2021 2023
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
September September
Detached Single-Family Single-Family Detached
9-2022 9-2022 7 7 1 1 $645,000 $645,000 95.6% 95.6% 26 26 16 16
New Listings New Listings Closed Sales Closed Sales
Median Sales Sales Price* Price* Median Percent of of Original Original List List Price Price Received* Received* Percent Market Time Time Market Inventory of Homes Homes for for Sale Sale Inventory of
9-2023 9-2023 12 12 4 4 $697,375 $697,375 99.2% 99.2% 101 101 15 15
Year Year to to Date Date +/– +/– + 71.4% + 71.4% + 300.0% + 300.0% + 8.1% + 8.1% + 3.8% + 3.8% + 287.5% + 287.5% - 6.3% - 6.3%
9-2022 9-2022 84 84 21 21 $585,000 $585,000 95.7% 95.7% 103 103 ---
September September
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
9-2022 9-2022 215 215
9-2023 9-2023 150 150
97 97 $462,500 $462,500
66 66 $413,750 $413,750
100.4% 100.4% 62 62
98.8% 98.8% 59 59
341 341
220 220
9-2023 9-2023 63 63 22 22 $690,000 $690,000 97.9% 97.9% 98 98 ---
+/– +/– - 25.0% - 25.0% + 4.8% + 4.8% + 17.9% + 17.9% + 2.4% + 2.4% - 4.7% - 4.7% ---
Year Year to to Date Date ++ // –– -- 30.2% 30.2% -- 32.0% 32.0% -- 10.5% 10.5% -- 1.7% 1.7%
9-2022 9-2022 2,226 2,226
9-2023 9-2023 1,441 1,441
1,123 1,123 $385,000 $385,000
763 763 $396,000 $396,000
99.7% 99.7% 66 66
100.1% 100.1% 68 68
---
---
-- 3.8% 3.8% -- 35.5% 35.5%
++ // –– -- 35.3% 35.3% -- 32.1% 32.1% ++ 2.9% 2.9% ++ 0.4% 0.4% ++ 4.3% 4.3% ---
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 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 October October 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 –– September Local September 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 October 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2023
NORTH CENTER
-- 28.1% 28.1%
-- 20.0% 20.0%
-- 31.1% 31.1%
Local Market September Local MarketUpdate Update | |October 2021 2023
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
September September
Detached Single-Family Single-Family Detached
9-2022 9-2022 28 28 19 19 $1,305,000 $1,305,000 98.8% 98.8% 25 25 38 38
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
9-2023 9-2023 24 24 11 11 $1,299,000 $1,299,000 100.1% 100.1% 37 37 32 32
Year Year to to Date Date +/– +/– - 14.3% - 14.3% - 42.1% - 42.1% - 0.5% - 0.5% + 1.3% + 1.3% + 49.5% + 49.5% - 15.8% - 15.8%
9-2022 9-2022 284 284 170 170 $1,250,050 $1,250,050 100.0% 100.0% 23 23 ---
September September
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
9-2022 9-2022 68 68
9-2023 9-2023 45 45
26 26 $447,000 $447,000
25 25 $559,000 $559,000
98.4% 98.4% 31 31
100.2% 100.2% 48 48
81 81
50 50
9-2023 9-2023 228 228 116 116 $1,385,000 $1,385,000 98.8% 98.8% 42 42 ---
+/– +/– - 19.7% - 19.7% - 31.8% - 31.8% + 10.8% + 10.8% - 1.3% - 1.3% + 81.8% + 81.8% ---
Year Year to to Date Date ++ // –– -- 33.8% 33.8% -- 3.8% 3.8% ++ 25.1% 25.1% ++ 1.8% 1.8% ++ 54.6% 54.6% -- 38.3% 38.3%
9-2022 9-2022 570 570
9-2023 9-2023 388 388
328 328 $489,450 $489,450
259 259 $530,000 $530,000
100.4% 100.4% 33 33
99.6% 99.6% 49 49
---
---
++ // –– -- 31.9% 31.9% -- 21.0% 21.0% ++ 8.3% 8.3% -- 0.8% 0.8% ++ 50.6% 50.6% ---
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 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 October October 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 –– September Local September 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 October 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2023
UPTOWN
-- 34.3% 34.3%
-- 24.1% 24.1%
-- 37.4% 37.4%
Local Market September Local MarketUpdate Update | |October 2021 2023
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
September September
Detached Single-Family Single-Family Detached
9-2022 9-2022 8 8 2 2 $1,035,000 $1,035,000 92.5% 92.5% 52 52 18 18
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
9-2023 9-2023 7 7 4 4 $1,150,323 $1,150,323 97.2% 97.2% 96 96 12 12
Year Year to to Date Date +/– +/– - 12.5% - 12.5% + 100.0% + 100.0% + 11.1% + 11.1% + 5.1% + 5.1% + 84.6% + 84.6% - 33.3% - 33.3%
9-2022 9-2022 55 55 29 29 $1,200,000 $1,200,000 97.0% 97.0% 102 102 ---
September September
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
9-2022 9-2022 126 126
9-2023 9-2023 81 81
52 52 $241,250 $241,250
37 37 $280,000 $280,000
96.7% 96.7% 44 44
100.8% 100.8% 43 43
153 153
95 95
9-2023 9-2023 50 50 22 22 $1,130,500 $1,130,500 96.2% 96.2% 68 68 ---
+/– +/– - 9.1% - 9.1% - 24.1% - 24.1% - 5.8% - 5.8% - 0.8% - 0.8% - 33.2% - 33.2% ---
Year Year to to Date Date ++ // –– -- 35.7% 35.7% -- 28.8% 28.8% ++ 16.1% 16.1% ++ 4.3% 4.3%
9-2022 9-2022 1,126 1,126
9-2023 9-2023 722 722
775 775 $310,000 $310,000
525 525 $325,000 $325,000
99.0% 99.0% 52 52
100.3% 100.3% 42 42
---
---
-- 3.6% 3.6% -- 37.9% 37.9%
++ // –– -- 35.9% 35.9% -- 32.3% 32.3% ++ 4.8% 4.8% ++ 1.3% 1.3% -- 19.3% 19.3% ---
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 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 October October 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 –– September Local September 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 October 14, 2023 RESIDENTIAL ACTIVITY ONLY | Data current as of October 14, 2023
WEST TOWN
-- 11.9% 11.9%
-- 23.3% 23.3%
-- 27.0% 27.0%
Local Market September Local MarketUpdate Update | |October 2021 2023
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
September September
Detached Single-Family Single-Family Detached
9-2022 9-2022 40 40 16 16 $982,500 $982,500 96.3% 96.3% 67 67 58 58
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
9-2023 9-2023 37 37 15 15 $1,350,000 $1,350,000 97.3% 97.3% 75 75 51 51
Year Year to to Date Date +/– +/– - 7.5% - 7.5% - 6.3% - 6.3% + 37.4% + 37.4% + 1.1% + 1.1% + 11.5% + 11.5% - 12.1% - 12.1%
9-2022 9-2022 381 381 196 196 $1,107,500 $1,107,500 97.9% 97.9% 41 41 ---
September September
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
9-2022 9-2022 212 212
9-2023 9-2023 185 185
100 100 $511,500 $511,500
74 74 $552,500 $552,500
97.5% 97.5% 54 54
98.4% 98.4% 37 37
287 287
201 201
9-2023 9-2023 310 310 141 141 $1,155,000 $1,155,000 97.5% 97.5% 58 58 ---
+/– +/– - 18.6% - 18.6% - 28.1% - 28.1% + 4.3% + 4.3% - 0.4% - 0.4% + 44.0% + 44.0% ---
Year Year to to Date Date ++ // –– -- 12.7% 12.7% -- 26.0% 26.0% ++ 8.0% 8.0% ++ 1.0% 1.0%
9-2022 9-2022 2,361 2,361
9-2023 9-2023 1,577 1,577
1,378 1,378 $510,000 $510,000
887 887 $535,000 $535,000
99.2% 99.2% 47 47
99.4% 99.4% 50 50
---
---
-- 30.6% 30.6% -- 30.0% 30.0%
++ // –– -- 33.2% 33.2% -- 35.6% 35.6% ++ 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 October October 14, 14, 2023. 2023. All All data data from from Midwest Midwest Real Real Estate EstateData. Data.Report Report© ©2023 2023ShowingTime. ShowingTime.