Altos Market Data for Realtors

Libertyville, IL

Single-Family Homes

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Libertyville, IL

Tue Sep 21 2021
This week the median list price for Libertyville, IL is $632,500 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has decreased to 100. Click here to stay informed with the Libertyville 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Libertyville, IL

Tue Sep 21 2021
This week the median list price for Libertyville, IL is $632,500 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has decreased to 100. Click here to stay informed with the Libertyville 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Libertyville market.
Median List Price $632,500
Median Price of New Listings $453,450
Per Square Foot $207
Average Days on Market 89
Median Days on Market 63
Price Decreased 56%
Price Increased 1%
Relisted 37%
Inventory 100
Median Rent $3,300
Market Action 35
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$1,179,000 4,247 0.5 - 1 acre 5 4 17 0 0 91
$695,000 3,516 0.25 - 0.5 acre 4 3 32 2 1 63
$465,000 2,615 0.25 - 0.5 acre 4 2 48 4 6 42
$374,900 1,790 8,000 - 10,000 sqft 4 2 70 4 2 56