Mon Dec 11 2023
This week the median list price for Highland Park, IL is $1,296,950 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has decreased to 38.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$1,296,950|
|Median Price of New Listings||$475,000|
|Per Square Foot||$341|
|Average Days on Market||239|
|Median Days on Market||154|
|Slight Seller's Advantage|
Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$2,800,000||6,890||0.5 - 1 acre||5||6||28||0||1||245|
|$1,499,000||4,137||0.5 - 1 acre||4||4.5||15||0||0||154|
|$1,149,500||3,260||0.25 - 0.5 acre||4||3.5||18||0||1||154|
|$632,500||2,483||0.25 - 0.5 acre||3||2.5||68||1||2||108|