Karen Pioch

Algonquin, IL

Single-Family Homes

Licensed Realtor, Greater Chicagoland and Lake Summerset Expert



Algonquin, IL

Wed Oct 23 2019
This week the median list price for Algonquin, IL is $309,500 with the market action index hovering around 33. This is an increase over last month's market action index of 28. Inventory has held steady at or around 133. Click here to stay informed with the Algonquin market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Algonquin, IL

Wed Oct 23 2019
This week the median list price for Algonquin, IL is $309,500 with the market action index hovering around 33. This is an increase over last month's market action index of 28. Inventory has held steady at or around 133. Click here to stay informed with the Algonquin market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Algonquin market.
Median List Price $309,500
Per Square Foot $122
Days on Market 98
Price Decreased 59%
Price Increased 3%
Relisted 22%
Inventory 133
Median House Rent $1,800
Most Expensive $698,000
Least Expensive $48,000
Market Action Index
Slight Seller's Advantage
33

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$400,000 3,771 0.25 - 0.5 acre 4 4 18 4 13 145
$329,500 3,036 0.25 - 0.5 acre 4 3 20 1 16 118
$289,900 2,282 0.25 - 0.5 acre 4 3 24 5 18 57
$222,400 1,794 0.25 - 0.5 acre 3 2 41 1 26 71