Chicago's North Shore of Illinois Real Estate Blog: Glencoe IL Real Estate Market Update October 2009

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Glencoe IL Real Estate Market Update October 2009

The following statistics show October 2009 year over year changes in the Glencoe IL real estate market. All data is from MRED MLS system.

Prices- Median list price is -9% but the median selling price is -40%

Unit sales- There is a -19% decrease in the number of homes for sale, a +71% increase in homes under contract and +86% in number of homes sold.

Inventory- Months supply of inventory declined -53% and days on market (DOM) decreased -27%.