Real estate market report for 2020 with the graphs showing the trends for the past 10 years. Average sold price grew more than $100,000 since 2011. More details on the table below. Number of sales, the average sold price, the average market time and the list to close ratio.
- Lowest Sold Price: $97,500
- Highest Sold in the past 12 months: $875,000
- Average List Price: $364,291
- Average Sold Price in the past 12 months: $336,007
- 1 Foreclosed home is on the market as of January 2021.
Real Estate Trends From 2015 – 2020
Real Estate Trends from 2011 – 2020
As we can see on the chart below, average home sale price was $225,307 in 2011 compared to $334,953 in 2020.
Detached Single Family Homes
Total units sold, average sold price by bedrooms. Sold to listing price ratio with average market time.
| Bedrooms | Sold | Avg OLP | Avg LP (Sold) | SP:LP | Avg MT (Sold) |
| All | 289 | $375,666 | $370,522 | 97% | 76 |
| 1-2 | 27 | $281,985 | $279,726 | 98% | 22 |
| 3 | 178 | $337,374 | $332,763 | 97% | 61 |
| 4 | 64 | $468,795 | $460,702 | 97% | 115 |
| 5 or More | 20 | $544,925 | $540,580 | 95% | 154 |
If you are buying or selling a home in Morton Grove or any other neighboring suburbs, feel free to call, text me 847-878-2588 or send me an email for more information or a to receive a free comparable market analysis.
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