Altos Market Data for Realtors

Lake Bluff, IL

Single-Family Homes

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Lake Bluff, IL

Wed Oct 20 2021
This week the median list price for Lake Bluff, IL is $699,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has decreased to 27. Click here to stay informed with the Lake Bluff market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

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.

Lake Bluff, IL

Wed Oct 20 2021
This week the median list price for Lake Bluff, IL is $699,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has decreased to 27. Click here to stay informed with the Lake Bluff market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

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.

Real-Time Market Profile

Never miss important changes in the Lake Bluff market.
Median List Price $699,000
Median Price of New Listings $582,499
Per Square Foot $267
Average Days on Market 98
Median Days on Market 70
Price Decreased 48%
Price Increased 0%
Relisted 11%
Inventory 27
Median Rent $2,750
Market Action 41
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,375,000 9,469 5 - 10 acres 6 8 56 0 0 238
$769,000 3,776 0.25 - 0.5 acre 4 3 23 1 1 49
$629,000 2,410 0.25 - 0.5 acre 4 3 58 0 0 77
$489,900 1,923 4,500 - 6,500 sqft 3 3 62 1 1 28