Tue Sep 21 2021
This week the median list price for Bristol, IL is $585,000 with the market action index hovering around 27. This is less than last month's market action index of 30. Inventory has held steady at or around 3.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$585,000|
|Median Price of New Listings||$0|
|Per Square Foot||$129|
|Average Days on Market||84|
|Median Days on Market||49|
|Slight Buyer's Advantage|
This week prices bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a change in the market.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$585,000||3,582||1 - 2.5 acres||5||4||27||0||0||49|
|$649,000||9,330||10 - 20 acres||6||5||13||0||0||196|
|$585,000||3,582||1 - 2.5 acres||5||4||27||0||0||7|
|$225,000||1,734||0.25 - 0.5 acre||4||1||71||0||0||49|