WEST NEIGHBORHOODS

pg 2 Humbolt Park

pg 3 Logan Square

pg 4 West Town

(Includes Bucktown)

(Includes Ukrainian Village, Wicker Park, River West, Logan Square & Noble Square)

Market Trends & StatisticsUpdated November 1 th

10-2018 10-2019 + / – 10-2018 10-2019 + / –

New Listings 19 28 + 47.4% 250 292 + 16.8%

Closed Sales 16 14 - 12.5% 139 113 - 18.7%

Median Sales Price* $172,500 $325,000 + 88.4% $190,900 $250,000 + 31.0%

Percent of Original List Price Received* 97.5% 91.5% - 6.2% 97.1% 96.0% - 1.1%

Market Time 34 86 + 152.9% 84 54 - 35.7%

Inventory of Homes for Sale 35 56 + 60.0% -- -- --

10-2018 10-2019 + / – 10-2018 10-2019 + / –New Listings 8 15 + 87.5% 59 75 + 27.1%

Closed Sales 0 2 -- 21 19 - 9.5%

Median Sales Price* $0 $182,625 -- $425,000 $265,000 - 37.6%

Percent of Original List Price Received* 0.0% 97.6% -- 97.1% 95.3% - 1.9%

Market Time 0 7 -- 99 68 - 31.3%

Inventory of Homes for Sale 17 20 + 17.6% -- -- --* 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.

Attached Single-FamilyOctober Year to Date

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

AllkraP tdlobmuHkraP tdlobmuH

All

Detached Single-FamilyOctober Year to Date

Humboldt Park+ 59.3% 0.0% + 46.2%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

- 80%

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

+ 100%

1-2009 1-2011 1-2013 1-2015 1-2017 1-2019

Detached Single-Familyba

- 500%

0%

+ 500%

+ 1000%

+ 1500%

+ 2000%

+ 2500%

+ 3000%

+ 3500%

1-2009 1-2011 1-2013 1-2015 1-2017 1-2019

Attached Single-Familyb

a

Local Market Update – October 2019A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2019

† 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, 2019. All data from Midwest Real Estate Data. Report © 2018 ShowingTime.

10-2018 10-2019 + / – 10-2018 10-2019 + / –

New Listings 48 45 - 6.3% 515 476 - 7.6%

Closed Sales 11 22 + 100.0% 226 203 - 10.2%

Median Sales Price* $835,000 $786,112 - 5.9% $831,250 $745,000 - 10.4%

Percent of Original List Price Received* 96.7% 96.5% - 0.2% 97.7% 96.8% - 0.9%

Market Time 56 68 + 21.4% 78 69 - 11.5%

Inventory of Homes for Sale 84 82 - 2.4% -- -- --

10-2018 10-2019 + / – 10-2018 10-2019 + / –New Listings 90 100 + 11.1% 1,033 1,110 + 7.5%

Closed Sales 43 39 - 9.3% 511 551 + 7.8%

Median Sales Price* $444,900 $405,000 - 9.0% $405,000 $410,000 + 1.2%

Percent of Original List Price Received* 98.3% 97.4% - 0.9% 98.4% 98.2% - 0.2%

Market Time 33 35 + 6.1% 45 58 + 28.9%

Inventory of Homes for Sale 148 138 - 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.

Attached Single-FamilyOctober Year to Date

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

AllerauqS nagoLerauqS nagoL

All

Detached Single-FamilyOctober Year to Date

Logan Square+ 5.1% + 13.0% - 5.2%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

- 60%

- 40%

- 20%

0%

+ 20%

+ 40%

+ 60%

+ 80%

1-2009 1-2011 1-2013 1-2015 1-2017 1-2019

Detached Single-Familyba

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2009 1-2011 1-2013 1-2015 1-2017 1-2019

Attached Single-Familyb

a

Local Market Update – October 2019A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2019

† 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, 2019. All data from Midwest Real Estate Data. Report © 2018 ShowingTime.

10-2018 10-2019 + / – 10-2018 10-2019 + / –

New Listings 45 49 + 8.9% 499 522 + 4.6%

Closed Sales 13 15 + 15.4% 177 197 + 11.3%

Median Sales Price* $1,085,000 $845,000 - 22.1% $1,000,000 $900,000 - 10.0%

Percent of Original List Price Received* 94.9% 94.4% - 0.5% 95.9% 95.8% - 0.1%

Market Time 111 105 - 5.4% 116 107 - 7.8%

Inventory of Homes for Sale 107 83 - 22.4% -- -- --

10-2018 10-2019 + / – 10-2018 10-2019 + / –New Listings 279 255 - 8.6% 2,831 3,179 + 12.3%

Closed Sales 80 107 + 33.8% 1,310 1,284 - 2.0%

Median Sales Price* $440,250 $514,500 + 16.9% $470,000 $475,000 + 1.1%

Percent of Original List Price Received* 96.8% 97.2% + 0.4% 98.2% 97.8% - 0.4%

Market Time 68 75 + 10.3% 57 62 + 8.8%

Inventory of Homes for Sale 432 453 + 4.9% -- -- --* 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.

Attached Single-FamilyOctober Year to Date

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

AllnwoT tseWnwoT tseW

All

Detached Single-FamilyOctober Year to Date

West Town- 6.2% + 31.2% - 0.6%

Change inNew ListingsAll Properties

Change inClosed SalesAll Properties

Change in Inventory of Homes

All Properties

- 30%

- 20%

- 10%

0%

+ 10%

+ 20%

+ 30%

+ 40%

1-2009 1-2011 1-2013 1-2015 1-2017 1-2019

Detached Single-Familyba

- 25%

- 20%

- 15%

- 10%

- 5%

0%

+ 5%

+ 10%

+ 15%

+ 20%

+ 25%

1-2009 1-2011 1-2013 1-2015 1-2017 1-2019

Attached Single-Familyb

a

Local Market Update – October 2019A Research Tool Provided by the Chicago Association of REALTORS® RESIDENTIAL ACTIVITY ONLY | Data current as of November 14, 2019

† 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, 2019. All data from Midwest Real Estate Data. Report © 2018 ShowingTime.

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