Altos Market Data for Realtors

Bridgeview, IL

Single-Family Homes

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Bridgeview, IL

Tue Sep 21 2021
This week the median list price for Bridgeview, IL is $280,450 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has decreased to 22. Click here to stay informed with the Bridgeview market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Bridgeview, IL

Tue Sep 21 2021
This week the median list price for Bridgeview, IL is $280,450 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has decreased to 22. Click here to stay informed with the Bridgeview market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Bridgeview market.
Median List Price $280,450
Median Price of New Listings $227,000
Per Square Foot $159
Average Days on Market 69
Median Days on Market 35
Price Decreased 41%
Price Increased 0%
Relisted 5%
Inventory 22
Median Rent $2,750
Market Action 43
Slight Seller's Advantage

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

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
$380,000 1,862 6,500 - 8,000 sqft 4 2 74 0 1 140
$314,963 1,700 6,500 - 8,000 sqft 3 2 52 0 1 35
$264,500 1,647 8,000 - 10,000 sqft 4 1 62 1 0 35
$209,950 1,423 0.25 - 0.5 acre 3 2 61 3 1 3