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Market Reports for May 27, 2022

Market Reports for May 27, 2022

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Market Reports for May 27, 2022

I look forward to helping you with your real estate needs. Please contact me if you would like to discuss these Market Reports for May 27, 2022 for Northbrook and Glenview, IL or require any assistance with your home search.

Information is the key to being successful in any effort to buy or sell a home.  We provide information so that you can quickly determine existing market conditions in Glenview, Northbrook, and other communities.  With Home Sales continuing to soar throughout Chicagoland and the Northshore, it’s essential you have the information you need find your dream home.

Synopsis

Glenview: Strong Seller’s Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Northbrook: Strong Seller’s Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Below are the links to your full custom Real Estate Market Reports:

 

  Sincerely,Marina Jacobson
E: MJacobson@KoenigRubloff.com

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Marina Jacobson

Broker, SFRDirect: 847-510-5009
Cell: 847-361-5605
Fax: 847-510-5109

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