How's Chicago's Real Estate Market?

Glenview, IL 60025

Single-Family Homes

312-961-6212



Glenview, IL 60025

Sun Dec 22 2024
This week the median list price for Glenview, IL 60025 is $679,997 with the market action index hovering around 47. This is an increase over last month's market action index of 42. Inventory has decreased to 23. Click here to stay informed with the Glenview market!

Market Action Index

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

Strong Seller's Market

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Glenview, IL 60025

Sun Dec 22 2024
This week the median list price for Glenview, IL 60025 is $679,997 with the market action index hovering around 47. This is an increase over last month's market action index of 42. Inventory has decreased to 23. Click here to stay informed with the Glenview market!

Market Action Index

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

Strong Seller's Market

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Glenview market.
Median List Price $679,997
Median Price of New Listings $1,447,449
Per Square Foot $330
Average Days on Market 122
Median Days on Market 84
Price Decreased 52%
Price Increased 4%
Relisted 35%
Inventory 23
Median Rent
Market Action 47
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,679,990 4,800 0.25 - 0.5 acre 5 5.5 0 2 1 161
$949,500 3,384 0.25 - 0.5 acre 4 3 68 2 2 63
$602,500 1,918 4,500 - 6,500 sqft 4 2.3 72 0 1 108
$474,000 1,379 8,000 - 10,000 sqft 3 2 64 0 2 87