Local Market Market Update Update –– November November 2022 2022 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 December 14, 2022 RESIDENTIALACTIVITY ACTIVITY RESIDENTIAL ONLY | | Data current as of December 14, 2022
AVONDALE
Avondale Local Market Avondale Update | November 2022 Local Market Update | October 2021
25.0% -- 25.0%
50.0% -- 50.0%
25.4% -- 25.4%
Changeinin Change NewListings Listings New AllProperties Properties All
Changeinin Change ClosedSales Sales Closed AllProperties Properties All
Changeinin Change Inventoryof ofHomes Homes Inventory AllProperties Properties All
November November
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
11-2021 11-2021 14 14
11-2022 11-2022 99
++/ /–– 35.7% - -35.7%
11-2021 11-2021 166 166
11-2022 11-2022 194 194
++/ /–– 16.9% ++16.9%
99 $505,000 $505,000 97.5% 97.5%
66 $690,000 $690,000 99.9% 99.9%
33.3% - -33.3% + 36.6% + 36.6%
90 90 $497,500 $497,500 98.9% 98.9%
102 102 $682,500 $682,500 98.7% 98.7%
13.3% ++13.3% + 37.2% + 37.2%
55 55 16 16
26 26 15 15
42 42 ----
36 36 ----
MarketTime Time Market InventoryofofHomes Homesfor forSale Sale Inventory
2.5% ++2.5% 52.8% - 52.8% 6.3% - -6.3%
November November
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
11-2021 11-2021 10 10
11-2022 11-2022 99
11 11 $349,000 $349,000 96.6% 96.6%
44 $403,750 $403,750 99.4% 99.4%
46 46 43 43
29 29 29 29
MarketTime Time Market Inventory Homesfor forSale Sale Inventory ofofHomes
0.2% - -0.2% 14.3% - 14.3% ----
Yearto toDate Date Year ++/ /––
11-2021 11-2021 356 356
11-2022 11-2022 265 265
15.7% ++15.7% + 2.9% + 2.9%
214 214 $397,000 $397,000 99.1% 99.1%
162 162 $345,000 $345,000 99.0% 99.0%
37.9% - -37.9% 32.6% - 32.6%
38 38 ----
45 45 ----
10.0% - -10.0% 63.6% - 63.6%
++/ /–– 25.6% - -25.6% 24.3% - 24.3% 13.1% - -13.1% 0.1% - 0.1% 18.4% ++18.4% ----
* 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 December 14, 2022. All data from Midwest Real Estate Data. Report © 2022 ShowingTime. Current as of December 14, 2022. All data from Midwest Real Estate Data. Report © 2022 ShowingTime.