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Glenview IL Real Estate Market Action Report October 2017
By Art Wilson, Realtor
Glenview’s September Property sales were 69, down -4.2% from 72 in September of 2016 and -22.5% lower than the 89 sales last month. September 2017 sales were at their lowest level compared to September of 2016 and 2015. September YTD sales of 724 are running 7.4% ahead of last year's year-to-date sales of 674.
The Median Sales Price in September was $460,000, up 5.7% from $435,000 in September of 2016 and up 10.0% from $418,000 last month. The Average Sales Price in September was $504,731, up 1.6% from $496,989 in September of 2016 and up 5.0% from $480,505 last month. September 2017 ASP was at highest level compared to September of 2016 and 2015.
The Total Inventory of Properties available for sale as of September was 324, down -1.5% from 329 last month and down -20.4% from 407 in September of last year. September 2017 Inventory was at the lowest level compared to September of 2016 and 2015.
 The September 2017 Month’s Supply of Inventory of 4.7 months was at its lowest level compared with September of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers.
The average Days On Market ... more

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