Fri Feb 26 2021
This week the median list price for Glencoe, IL is $1,864,450 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has held steady at or around 30.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$1,864,450|
|Per Square Foot||$383|
|Days on Market||112|
|Slight Seller's Advantage|
The market appears to be hovering around these current levels. The Market Action Index is a good leading indicator for the durability of this trend.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$3,975,000||9,000||0.5 - 1 acre||5||7||13||2||0||35|
|$1,999,900||5,700||0.25 - 0.5 acre||4||5||20||1||0||147|
|$1,589,500||4,419||0.25 - 0.5 acre||5||4||91||2||1||126|
|$669,511||2,134||8,000 - 10,000 sqft||3||2||88||0||0||122|