Market Reports Nov 24, 2024
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I look forward to helping you with your real estate needs. Please contact me if you would like to discuss these Market Reports Nov 24, 2024 for Northbrook and Glenview, IL or require any assistance with your home search.
Information is the key to being successful in any effort to buy or sell a home. We provide information so that you can quickly determine existing market conditions in Glenview, Northbrook, and other communities. With Home Sales continuing to soar throughout Chicagoland and the Northshore, it’s essential you have the information you need find your dream home.
Market Reports Nov 24, 2024
Glenview: Slight Seller’s Advantage
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.
Northbrook: Slight Seller’s Advantage
In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.
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