Northbrook Real Estate Market Update - May 2015
Real Estate Market Trends For Northbrook, IL
Now is a great time to make the move and live in Northbrook, IL.
Currently there are 263 homes for sale in Northbrook, Illinois with an average listing price of $707,245.
There were 714 properties sold in past 12 months with an average sale price of $492,633.
The highest sold price was $492,633. 128 days is an average market time.
143 properties are under contract with an average listing price of $578,751.
Foreclosures/REO , Short Sales Vs. Traditional Home Sales In Northbrook
There are 13 foreclosed homes on the market today compared to 15 in 2013.
Short sale inventory is much smaller compared to 2013.
56 short sale homes were available in 2013 while 23 short sale homes are on the market today.
The table below shows the inventory of distressed properties and traditional sales~
More real estate market reports and other information about Northbrook, IL can be found on HomesByHaris.com here.
If you are looking to buy or sell a home, or purchase new construction in Northbrook, IL or Chicago's North Shore and Northwest Suburbs, contact me today @ 847-878-2588 !
What is your home worth ? ASK me for FREE comparable market analysis.
HOMES ON THE MARKET IN NORTHBROOK, IL TODAY
Real estate market updates about Northbrook and surrounding neighborhoods can be found here.