Altos Market Data for Realtors

Bradley, IL

Single-Family Homes

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Bradley, IL

Tue Sep 21 2021
This week the median list price for Bradley, IL is $122,950 with the market action index hovering around 75. This is less than last month's market action index of 80. Inventory has held steady at or around 18. Click here to stay informed with the Bradley market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Bradley, IL

Tue Sep 21 2021
This week the median list price for Bradley, IL is $122,950 with the market action index hovering around 75. This is less than last month's market action index of 80. Inventory has held steady at or around 18. Click here to stay informed with the Bradley market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Bradley market.
Median List Price $122,950
Median Price of New Listings $126,000
Per Square Foot $99
Average Days on Market 187
Median Days on Market 28
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 18
Median Rent
Market Action 75
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$189,900 1,577 0.25 - 0.5 acre 3 2 59 1 1 63
$159,900 1,498 6,500 - 8,000 sqft 3 1 66 1 2 14
$114,900 1,104 6,500 - 8,000 sqft 3 1 91 3 3 28
$69,900 766 4,500 - 6,500 sqft 2 1 73 0 0 63