Altos Market Data for Realtors

Westmont, IL

Single-Family Homes

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Westmont, IL

Wed Oct 20 2021
This week the median list price for Westmont, IL is $359,900 with the market action index hovering around 53. This is an increase over last month's market action index of 45. Inventory has decreased to 23. Click here to stay informed with the Westmont market!

Market Action Index

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

Strong Seller's Market

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.

Westmont, IL

Wed Oct 20 2021
This week the median list price for Westmont, IL is $359,900 with the market action index hovering around 53. This is an increase over last month's market action index of 45. Inventory has decreased to 23. Click here to stay informed with the Westmont market!

Market Action Index

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

Strong Seller's Market

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 Westmont market.
Median List Price $359,900
Median Price of New Listings $275,000
Per Square Foot $191
Average Days on Market 68
Median Days on Market 49
Price Decreased 57%
Price Increased 0%
Relisted 17%
Inventory 23
Median Rent $2,300
Market Action 53
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift 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
$729,000 3,412 8,000 - 10,000 sqft 5 4 15 1 0 77
$446,450 2,269 6,500 - 8,000 sqft 3 2 39 0 0 77
$345,000 2,014 8,000 - 10,000 sqft 3 2 61 0 4 42
$245,000 1,286 6,500 - 8,000 sqft 3 1 69 3 4 14