Local Market Market Update Update –– February February 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 March 14, 2022 RESIDENTIALACTIVITY ACTIVITY RESIDENTIAL ONLY | | Data current as of March 14, 2022
AVONDALE
Avondale Local Market Avondale Update | February 2022 Local Market Update | October 2021
5.0% ++ 5.0%
26.3% -- 26.3%
18.2% ++ 18.2%
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
February February
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
2-2021 2-2021 13 13
2-2022 2-2022 16 16
++/ /–– 23.1% ++23.1%
2-2021 2-2021 21 21
2-2022 2-2022 34 34
++/ /–– 61.9% ++61.9%
77 $456,000 $456,000 95.8% 95.8%
77 $715,000 $715,000 97.0% 97.0%
0.0% 0.0% + 56.8% + 56.8% + 1.3% + 1.3%
13 13 $456,000 $456,000 97.5% 97.5%
13 13 $680,000 $680,000 96.3% 96.3%
0.0% 0.0% + 49.1% + 49.1% 1.2% - 1.2%
65 65 66
43 43 14 14
33.6% - -33.6% 133.3% ++133.3%
54 54 ----
45 45 ----
16.7% - -16.7% ----
MarketTime Time Market InventoryofofHomes Homesfor forSale Sale Inventory
February February
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
2-2021 2-2021 27 27
2-2022 2-2022 26 26
12 12 $440,000 $440,000 98.3% 98.3%
77 $225,000 $225,000 96.5% 96.5%
92 92 27 27
93 93 25 25
MarketTime Time Market Inventory Homesfor forSale Sale Inventory ofofHomes
Yearto toDate Date Year ++/ /––
2-2021 2-2021 57 57
2-2022 2-2022 38 38
48.9% - -48.9% 1.8% - 1.8%
21 21 $361,500 $361,500 100.3% 100.3%
17 17 $260,000 $260,000 97.5% 97.5%
28.1% - -28.1% 2.8% - 2.8%
2.0% ++2.0% 7.4% - 7.4%
68 68 ----
83 83 ----
22.1% ++22.1% ----
3.7% - -3.7% 41.7% - 41.7%
++/ /–– 33.3% - -33.3% 19.0% - 19.0%
* 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 March 14, 2022. All data from Midwest Real Estate Data. Report © 2022 ShowingTime. Current as of March 14, 2022. All data from Midwest Real Estate Data. Report © 2022 ShowingTime.