Market Reports for May 20, 2022
FIND AN OPEN HOUSE IN GLENVIEW IL NORTHBROOK IL OR MORTON GROVE IL
Market Reports for May 20, 2022
I look forward to helping you with your real estate needs. Please contact me if you would like to discuss these Market Reports for May 20, 2022 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.
Synopsis
Glenview: Strong Seller’s Market
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.
Northbrook: Strong Seller’s Market
Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Below are the links to your full custom Real Estate Market Reports:
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Sincerely,Marina Jacobson E: MJacobson@KoenigRubloff.com |
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