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Northbrook Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Northbrook home sales for the month of February decreased in volume by 8.6% when compared to last year, while the median sale price rose by 5.1% from $417,500 to $439,000. The number of Single Family homes sales decreased by 23.8%, while the median sale price decreased by 10.7% from $604,500 to $540,000. Condo/townhome sales rose by 14.3%, while the median sale price decreased by 3.3% from $284,250 to $275,000.

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Median Sale Prices for Northbrook

525k
452k
525k
417k
471k
483k
465k
500k
509k
486k
470k
421k
372k
466k
395k
439k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Northbrook

50
35
23
35
44
52
81
87
64
78
57
68
44
40
31
32
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Northbrook

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 35 32 -8.6% 59 64 +8.5%
(Single Family) 21 16 -23.8% 32 30 -6.3%
(Condos/Townhomes) 14 16 +14.3% 27 34 +25.9%
Median Sale Price $417,500 $439,000 +5.1% $445,000 $400,000 -10.1%
(Single Family) $604,500 $540,000 -10.7% $608,500 $522,500 -14.1%
(Condos/Townhomes) $284,250 $275,000 -3.3% $286,000 $294,950 +3.1%
Days on Market 67 49 -27.6% 66 52 -22%
(Single Family) 67 35 -48.5% 67 52 -21.8%
(Condos/Townhomes) 68 76 +11.8% 63 52 -18.3%

HomesByMarco sold over 300 homes last year

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Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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