Altos Market Data for Realtors

Deerfield, IL

Single-Family Homes

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Deerfield, IL

Tue Sep 21 2021
This week the median list price for Deerfield, IL is $698,500 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has decreased to 80. Click here to stay informed with the Deerfield market!

Market Action Index

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

Slight Seller's Advantage

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.

Deerfield, IL

Tue Sep 21 2021
This week the median list price for Deerfield, IL is $698,500 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has decreased to 80. Click here to stay informed with the Deerfield market!

Market Action Index

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

Slight Seller's Advantage

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 Deerfield market.
Median List Price $698,500
Median Price of New Listings $532,449
Per Square Foot $222
Average Days on Market 116
Median Days on Market 77
Price Decreased 55%
Price Increased 6%
Relisted 35%
Inventory 80
Median Rent $2,720
Market Action 37
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,262,500 5,399 1 - 2.5 acres 5 5 22 0 2 84
$759,450 3,455 0.25 - 0.5 acre 4 3 45 2 1 91
$587,450 2,601 0.25 - 0.5 acre 4 2 55 2 6 73
$387,000 1,804 8,000 - 10,000 sqft 3 2 64 2 3 52