Altos Market Data for Realtors

Ringwood, IL

Single-Family Homes

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Current active inventory in Ringwood, IL is very low. Keep this in mind when looking at this report.

Ringwood, IL

Tue Sep 21 2021
This week the median list price for Ringwood, IL is $469,950 with the market action index hovering around 18. This is about the same as last month's market action index of 18. Inventory has increased to 2. Click here to stay informed with the Ringwood market!

Market Action Index

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

Slight Buyer's Advantage

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Ringwood, IL

Tue Sep 21 2021
This week the median list price for Ringwood, IL is $469,950 with the market action index hovering around 18. This is about the same as last month's market action index of 18. Inventory has increased to 2. Click here to stay informed with the Ringwood market!

Market Action Index

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

Slight Buyer's Advantage

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Real-Time Market Profile

Never miss important changes in the Ringwood market.
Median List Price $469,950
Median Price of New Listings $0
Per Square Foot $115
Average Days on Market 60
Median Days on Market 60
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent $2,150
Market Action 18
Slight Buyer'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
$NaN NaN N/A NaN NaN NaN NaN NaN NaN
$469,950 4,448 2.5 - 5 acres 4 4 28 0 0 59
$499,900 5,908 5 - 10 acres 5 4 40 0 0 98
$440,000 2,988 1 - 2.5 acres 4 4 17 0 0 21