Real Estate Market Reports for March 20, 2020
TO FIND AN OPEN HOUSE IN GLENVIEW IL NORTHBROOK IL OR MORTON GROVE IL
Real Estate Market Reports for March 20, 2020
I look forward to helping you with your real estate needs. Please contact me if you would like to discuss these Real Estate Market Reports for March 20, 2020 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
This week the median list price for Glenview, IL is $775,000 with the market action index hovering around 30. This is less than last month’s market action index of 31. Inventory has held steady at or around 195.
Slight Seller’s Advantage
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Northbrook, IL
This week the median list price for Northbrook, IL is $398,450 with the market action index hovering around 32. This is an increase over last month’s market action index of 29. Inventory has held steady at or around 84.
Slight Seller’s Advantage
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.
Below are the links to your full custom Market Reports:
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Sincerely,Marina Jacobson E: MJacobson@KoenigRubloff.com |
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