Altos Market Data for Realtors

Westmont, IL

Single-Family Homes

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Westmont, IL

Tue Sep 21 2021
This week the median list price for Westmont, IL is $389,450 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has decreased to 30. Click here to stay informed with the Westmont 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.

Westmont, IL

Tue Sep 21 2021
This week the median list price for Westmont, IL is $389,450 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has decreased to 30. Click here to stay informed with the Westmont 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 Westmont market.
Median List Price $389,450
Median Price of New Listings $379,900
Per Square Foot $214
Average Days on Market 77
Median Days on Market 60
Price Decreased 53%
Price Increased 0%
Relisted 20%
Inventory 30
Median Rent $1,973
Market Action 43
Slight Seller's Advantage

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general 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
$669,000 3,373 8,000 - 10,000 sqft 4 3 18 0 2 70
$450,000 2,192 8,000 - 10,000 sqft 4 2 39 3 2 63
$327,500 1,626 8,000 - 10,000 sqft 3 2 56 2 1 45
$210,000 956 8,000 - 10,000 sqft 3 1 82 2 2 45