Altos Market Data for Realtors

Glencoe, IL

Single-Family Homes

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Glencoe, IL

Tue Sep 21 2021
This week the median list price for Glencoe, IL is $1,849,000 with the market action index hovering around 36. This is less than last month's market action index of 43. Inventory has increased to 32. Click here to stay informed with the Glencoe market!

Market Action Index

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

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Glencoe, IL

Tue Sep 21 2021
This week the median list price for Glencoe, IL is $1,849,000 with the market action index hovering around 36. This is less than last month's market action index of 43. Inventory has increased to 32. Click here to stay informed with the Glencoe market!

Market Action Index

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

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Glencoe market.
Median List Price $1,849,000
Median Price of New Listings $1,042,500
Per Square Foot $357
Average Days on Market 85
Median Days on Market 49
Price Decreased 28%
Price Increased 0%
Relisted 6%
Inventory 32
Median Rent $9,750
Market Action 36
Slight Seller's Advantage

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$5,200,000 8,737 0.5 - 1 acre 5 7 8 0 0 80
$2,762,000 6,800 0.5 - 1 acre 5 6 42 0 1 49
$1,475,000 4,100 0.25 - 0.5 acre 5 4 27 1 0 63
$709,000 2,339 0.25 - 0.5 acre 3 2 71 1 0 28