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Glenview IL Real Estate Market Action Report April 2014

By Art Wilson, Realtor

 

Glenview's March Property sales were 49, down -7.5% from 53 in March of 2013 and 22.5% higher than the 40 sales last month. March 2014 sales were at a mid level compared to March of 2013 and 2012. March YTD sales of 131 are running -14.4% behind last year's year-to-date sales of 153.


The Median Sales Price in March was $498,800, up 54.7% from $322,500 in March of 2013 and up 27.5% from $391,363 last month. The Average Sales Price in March was $504,829, up 31.3% from $384,436 in March of 2013 and up 24.6% from $405,222 last month. March 2014 ASP was at highest level compared to March of 2013 and 2012.


The Total Inventory of Properties available for sale as of March was 182, up 7.1% from 170 last month and down -24.5% from 241 in March of last year.

March 2014 Inventory was at the lowest level compared to March of 2013 and 2012.


The March 2014 Months Supply of  Inventory  of 3.7 months was at its lowest level compared with March of 2013 and 2012. A comparatively lower MSI is more ... more

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