Currently, the Glencoe real estate market looks like this:
Homes for sale: 92
Low price: $449,000
High price: $12,000,000
Median price: $1,295,000
Sold homes in September 2016: 18 (11 homes sold in September 2015)
Low price: $400,000
High price: $3,085,000
Median price: $791,000
The Glencoe absorption rate is 8 months which is just moving up from a balanced market to a buyer's market. This means that homes will take longer to sell and sellers must be priced right on target.
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