Local Market Market Update Update –– October October 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 November 14, 2022 RESIDENTIALACTIVITY ACTIVITY RESIDENTIAL ONLY | | Data current as of November 14, 2022
AVONDALE
Avondale Local Market Avondale Update | October 2022 Local Market Update | October 2021
8.0% -- 8.0%
3.8% ++ 3.8%
17.8% -- 17.8%
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
October October
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
10-2021 10-2021 19 19
10-2022 10-2022 18 18
++/ /–– 5.3% - -5.3%
10-2021 10-2021 152 152
10-2022 10-2022 185 185
++/ /–– 21.7% ++21.7%
11 11 $675,000 $675,000 98.0% 98.0%
10 10 $482,000 $482,000 92.5% 92.5%
9.1% - -9.1% 28.6% - 28.6%
81 81 $490,000 $490,000 99.1% 99.1%
96 96 $682,500 $682,500 98.7% 98.7%
18.5% ++18.5% + 39.3% + 39.3%
47 47 22 22
52 52 21 21
41 41 ----
37 37 ----
MarketTime Time Market InventoryofofHomes Homesfor forSale Sale Inventory
5.6% - -5.6% + 11.1% + 11.1% 4.5% - -4.5%
October October
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
10-2021 10-2021 31 31
10-2022 10-2022 28 28
15 15 $350,000 $350,000 97.8% 97.8%
17 17 $285,000 $285,000 97.4% 97.4%
31 31 51 51
55 55 39 39
MarketTime Time Market Inventory Homesfor forSale Sale Inventory ofofHomes
0.4% - -0.4% 9.8% - 9.8% ----
Yearto toDate Date Year ++/ /––
10-2021 10-2021 346 346
10-2022 10-2022 256 256
18.6% - -18.6% 0.4% - 0.4%
203 203 $405,500 $405,500 99.3% 99.3%
158 158 $345,000 $345,000 99.0% 99.0%
14.9% - -14.9% 0.3% - 0.3%
78.8% ++78.8% 23.5% - 23.5%
37 37 ----
45 45 ----
21.6% ++21.6% ----
9.7% - -9.7% + 13.3% + 13.3%
++/ /–– 26.0% - -26.0% 22.2% - 22.2%
* 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 November 14, 2022. All data from Midwest Real Estate Data. Report © 2022 ShowingTime. Current as of November 14, 2022. All data from Midwest Real Estate Data. Report © 2022 ShowingTime.