Single-Family Homes
Fri Apr 19 2024
This week the median list price for Highwood, IL is $399,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 3.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Median List Price | $399,000 | |
Median Price of New Listings | $0 | |
Per Square Foot | $295 | |
Average Days on Market | 65 | |
Median Days on Market | 14 | |
Price Decreased | 33% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 3 | |
Median Rent | ||
Market Action | 32 | |
Slight Seller's Advantage |
Despite this week’s down tic, price trends have generally been moving up lately. Prices are below the market’s high point, and so watch the Market Action Index as an indicator of how long this trend will last.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
$479,000 | 3,808 | 4,500 - 6,500 sqft | 4 | 2 | 66 | 0 | 0 | 168 |
$399,000 | 1,350 | 4,500 - 6,500 sqft | 3 | 2 | 134 | 0 | 0 | 14 |
$350,000 | 1,167 | 4,500 - 6,500 sqft | 2 | 1.5 | 136 | 0 | 0 | 14 |