Northbrook Real Estate Market Trends
Northbrook, IL Real Estate Market Report ~ November 2014
There are 259 homes for sale in Northbrook with an average listing price of $692,801. Average market time is 164 days. On the image below you see how many homes were sold in Northboork by the price range. It references what was sold in the past 12 months. Average sold price was $473,825 in Northbrook. Currently there are 147 homes under contract. The highest priced home under contract is $1,895,000 while the highest sold home went for $2,600,000.
Traditional Sales VS. Foreclosures VS. Short Sales in Northbrook.
The graph below is showing closed sales for the past three years. Average price of a traditional sale is $491,701 while the average market price of a foreclosure is $345,440. An average listing price compared to closed sale is 94.1% or better said, the home was sold for 5.9% less than the original lisiting price. Average sale price in 2012 was $391,000 while in 2014 it was $472,000.
Real Estate Market trends about Northbrook, IL and surrounding Chicago suburbs can be found here
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