August 14, 2019 Real Estate Market Reports
TO FIND AN OPEN HOUSE IN GLENVIEW IL NORTHBROOK IL OR MORTON GROVE IL
August 14, 2019 Real Estate Market Reports
I look forward to helping you with your real estate needs. Please contact me if you would like to discuss these August 14, 2019 Real Estate Market Reports 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.
Glenview, IL
Wed Aug 14 2019
This week the median list price for Glenview, IL is $671,950 with the market action index hovering around 25. This is an increase over last month’s market action index of 24. Inventory has held steady at or around 386.
Northbrook, IL
Wed Aug 14 2019
This week the median list price for Northbrook, IL is $339,000 with the market action index hovering around 26. This is about the same as last month’s market action index of 26. Inventory has held steady at or around 145.
Market Action Index
The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.
Slight Buyer’s Advantage Again this Week
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Below are the links to your custom Market Reports:
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Sincerely,Marina Jacobson E: MJacobson@KoenigRubloff.com |
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Marina Jacobson
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