northwest neighborhoods - fulton grace · 10-2017 10-2018 + / – 10-2017 10-2018 + / – new...

Market Trends & Statistics Updated November 18th

NORTHWEST NEIGHBORHOODS

pg 2 Albany Park

pg 3 Avondale

pg 4 Irving Park

pg 5 Lincoln Square

(Includes Ravenswood Manor & Mayfair)

(Includes Ravenswood, Ravenswood Gardens & Bowmanville)

10-2017 10-2018 + / – 10-2017 10-2018 + / –

New Listings 17 18 + 5.9% 253 222 - 12.3%

Closed Sales 15 13 - 13.3% 124 107 - 13.7%

Median Sales Price* $317,000 $358,000 + 12.9% $390,000 $410,000 + 5.1%

Percent of Original List Price Received* 92.3% 97.7% + 5.9% 95.8% 97.1% + 1.4%

Market Time 99 21 - 78.8% 83 64 - 22.9%

Inventory of Homes for Sale 45 31 - 31.1% -- -- --

10-2017 10-2018 + / – 10-2017 10-2018 + / –

New Listings 25 20 - 20.0% 260 329 + 26.5%

Closed Sales 7 16 + 128.6% 165 173 + 4.8%

Median Sales Price* $150,000 $187,000 + 24.7% $190,000 $189,000 - 0.5%


Market Time 44 58 + 31.8% 57 49 - 14.0%

Inventory of Homes for Sale 48 41 - 14.6% -- -- --* 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.

Detached Single-FamilyOctober Year to Date

Attached Single-FamilyOctober Year to Date

† Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot areproportioned according to their share of sales during that period. | Current as of November 14, 2018. All data from Midwest Real Estate Data. Report © 2018 ShowingTime.

Change in Median Sales Price from Prior Year (6-Month Average)†

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Local Market Update – October 2018A Research Tool Provided by the Chicago Association of REALTORS®

RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2018

Albany Park- 9.5% + 31.8% - 22.6%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

+ 70%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018

Detached Single-Familyb

a

- 80%

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018

Attached Single-Familyb

a

10-2017 10-2018 + / – 10-2017 10-2018 + / –

New Listings 16 18 + 12.5% 181 169 - 6.6%

Closed Sales 6 6 0.0% 100 89 - 11.0%

Median Sales Price* $605,000 $592,500 - 2.1% $478,000 $509,000 + 6.5%

Percent of Original List Price Received* 96.2% 95.9% - 0.3% 98.1% 97.2% - 0.9%

Market Time 50 80 + 60.0% 66 63 - 4.5%

Inventory of Homes for Sale 28 31 + 10.7% -- -- --

10-2017 10-2018 + / – 10-2017 10-2018 + / –

New Listings 25 33 + 32.0% 261 338 + 29.5%

Closed Sales 11 12 + 9.1% 157 168 + 7.0%


Percent of Original List Price Received* 98.1% 96.2% - 1.9% 98.1% 98.2% + 0.1%

Market Time 30 50 + 66.7% 44 48 + 9.1%

Inventory of Homes for Sale 44 47 + 6.8% -- -- --* 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.





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Avondale+ 24.4% + 5.9% + 8.3%




All Properties

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

+ 140%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018


a

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018


a

10-2017 10-2018 + / – 10-2017 10-2018 + / –

New Listings 51 56 + 9.8% 572 645 + 12.8%

Closed Sales 18 27 + 50.0% 283 254 - 10.2%

Median Sales Price* $465,100 $490,000 + 5.4% $505,000 $500,500 - 0.9%


Market Time 62 87 + 40.3% 74 86 + 16.2%

Inventory of Homes for Sale 102 122 + 19.6% -- -- --

10-2017 10-2018 + / – 10-2017 10-2018 + / –

New Listings 40 45 + 12.5% 387 429 + 10.9%

Closed Sales 25 16 - 36.0% 236 222 - 5.9%



Market Time 40 32 - 20.0% 51 46 - 9.8%






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Irving Park+ 11.0% 0.0% + 13.7%




All Properties

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018


a

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018


a

10-2017 10-2018 + / – 10-2017 10-2018 + / –

New Listings 23 12 - 47.8% 249 227 - 8.8%

Closed Sales 5 6 + 20.0% 116 122 + 5.2%

Median Sales Price* $722,000 $497,500 - 31.1% $690,300 $649,500 - 5.9%

Percent of Original List Price Received* 99.5% 93.2% - 6.3% 95.6% 95.6% 0.0%

Market Time 55 76 + 38.2% 115 95 - 17.4%

Inventory of Homes for Sale 53 41 - 22.6% -- -- --

10-2017 10-2018 + / – 10-2017 10-2018 + / –

New Listings 42 60 + 42.9% 625 616 - 1.4%

Closed Sales 39 24 - 38.5% 361 336 - 6.9%

Median Sales Price* $300,000 $315,500 + 5.2% $280,000 $310,500 + 10.9%


Market Time 66 47 - 28.8% 53 58 + 9.4%






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Lincoln Square Lincoln Square

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Lincoln Square+ 10.8% - 31.8% - 2.1%




All Properties

- 40%

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

+ 50%

+ 60%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018


a

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

+ 120%

1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018


a

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