Chicago's North Shore of Illinois Real Estate Blog: Lake Bluff IL Real Estate Market Update January 2010

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Lake Bluff IL Real Estate Market Update January 2010

The following statistics show January 2010 year over year changes in detached housing for the laceType w:st="on">LakelaceType> laceName w:st="on">BlufflaceName> IL real estate market. All data is from MRED MLS system.

Prices- Median list price is -4%, the median under contract price is -47% and the sold price is -34%.

Unit sales- There is a -1% increase in the number of homes for sale, a +100% increase in homes under contract and the number of homes sold was +300%.

Inventory- Months supply of inventory declined -55% to 12 months supply.