Local Market Market Update Update –– September September 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 October 14, 2022 RESIDENTIALACTIVITY ACTIVITY RESIDENTIAL ONLY | | Data current as of October 14, 2022
AVONDALE
Avondale Local Market Avondale Update | September 2022 Local Market Update | October 2021
23.7% -- 23.7%
40.9% -- 40.9%
31.1% -- 31.1%
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
9-2021 9-2021 22 22
9-2022 9-2022 18 18
++/ /–– 18.2% - -18.2%
9-2021 9-2021 133 133
9-2022 9-2022 167 167
++/ /–– 25.6% ++25.6%
55 $389,000 $389,000 98.5% 98.5%
77 $755,000 $755,000 97.1% 97.1%
40.0% ++40.0% + 94.1% + 94.1%
70 70 $488,775 $488,775 99.3% 99.3%
86 86 $700,000 $700,000 99.4% 99.4%
22.9% ++22.9% + 43.2% + 43.2%
13 13 25 25
72 72 22 22
40 40 ----
35 35 ----
MarketTime Time Market InventoryofofHomes Homesfor forSale Sale Inventory
1.4% - -1.4% + 438.4% + 438.4% 12.0% - -12.0%
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
9-2021 9-2021 37 37
9-2022 9-2022 27 27
17 17 $360,000 $360,000 98.3% 98.3%
66 $253,500 $253,500 97.6% 97.6%
16 16 49 49
147 147 29 29
MarketTime Time Market Inventory Homesfor forSale Sale Inventory ofofHomes
0.1% ++0.1% 12.5% - 12.5% ----
Yearto toDate Date Year ++/ /––
9-2021 9-2021 315 315
9-2022 9-2022 228 228
29.6% - -29.6% 0.7% - 0.7%
188 188 $409,750 $409,750 99.4% 99.4%
140 140 $347,000 $347,000 99.3% 99.3%
813.1% ++813.1% 40.8% - 40.8%
38 38 ----
44 44 ----
27.0% - -27.0% 64.7% - 64.7%
++/ /–– 27.6% - -27.6% 25.5% - 25.5% 15.3% - -15.3% 0.1% - 0.1% 15.8% ++15.8% ----
* 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, 2022. All data from Midwest Real Estate Data. Report © 2022 ShowingTime. Current as of October 14, 2022. All data from Midwest Real Estate Data. Report © 2022 ShowingTime.