Altos Market Data for Realtors

Northbrook, IL

Single-Family Homes

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Northbrook, IL

Wed Oct 20 2021
This week the median list price for Northbrook, IL is $674,900 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has decreased to 95. Click here to stay informed with the Northbrook market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Northbrook, IL

Wed Oct 20 2021
This week the median list price for Northbrook, IL is $674,900 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has decreased to 95. Click here to stay informed with the Northbrook market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Northbrook market.
Median List Price $674,900
Median Price of New Listings $1,109,450
Per Square Foot $252
Average Days on Market 145
Median Days on Market 77
Price Decreased 46%
Price Increased 4%
Relisted 21%
Inventory 95
Median Rent $3,600
Market Action 36
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$1,595,000 6,500 0.5 - 1 acre 5 5 16 2 2 105
$899,450 3,499 0.25 - 0.5 acre 4 3 36 1 2 73
$599,000 2,522 0.25 - 0.5 acre 4 2 52 1 2 45
$417,500 1,618 0.25 - 0.5 acre 3 2 64 0 1 77