Wed Aug 04 2021
This week the median list price for Northfield, IL 60093 is $1,632,500 with the market action index hovering around 49. This is an increase over last month's market action index of 46. Inventory has decreased to 18.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$1,632,500|
|Median Price of New Listings||$1,932,499|
|Per Square Foot||$318|
|Average Days on Market||233|
|Median Days on Market||119|
|Strong Seller's Market|
We continue to see prices in this zip bounce around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$3,775,000||10,250||1 - 2.5 acres||7||7||13||2||0||241|
|$1,964,500||6,110||1 - 2.5 acres||6||6||25||0||1||94|
|$1,550,000||4,245||1 - 2.5 acres||4||3||65||1||3||147|
|$550,000||1,420||0.25 - 0.5 acre||4||2||65||1||1||14|