Altos Market Data for Realtors

Carpentersville, IL

Single-Family Homes

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Carpentersville, IL

Tue Sep 21 2021
This week the median list price for Carpentersville, IL is $226,900 with the market action index hovering around 83. This is less than last month's market action index of 88. Inventory has decreased to 18. Click here to stay informed with the Carpentersville 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 continue to fall a bit. 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.

Carpentersville, IL

Tue Sep 21 2021
This week the median list price for Carpentersville, IL is $226,900 with the market action index hovering around 83. This is less than last month's market action index of 88. Inventory has decreased to 18. Click here to stay informed with the Carpentersville 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 continue to fall a bit. 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 Carpentersville market.
Median List Price $226,900
Median Price of New Listings $228,900
Per Square Foot $143
Average Days on Market 40
Median Days on Market 25
Price Decreased 6%
Price Increased 0%
Relisted 6%
Inventory 18
Median Rent $1,650
Market Action 83
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$334,950 2,505 8,000 - 10,000 sqft 4 3 24 0 1 7
$274,450 1,795 6,500 - 8,000 sqft 3 1 45 2 1 10
$220,000 1,470 6,500 - 8,000 sqft 3 1 61 1 1 49
$185,000 1,392 6,500 - 8,000 sqft 3 1 62 2 0 42