River Forest Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

River Forest home sales for the month of February decreased in volume by 44.4% when compared to last year, while the median sale price rose by 32.3% from $291,000 to $385,000. The number of Single Family homes sales stayed the same, while the median sale price decreased by 39.8% from $1,075,000 to $647,000. Condo/townhome sales decreased by 66.7%, while the median sale price decreased by 37.6% from $208,500 to $130,000.

» View homes for sale in River Forest   » View all recent sales in River Forest

Median Sale Prices for River Forest

205k
534k
622k
291k
638k
325k
725k
630k
494k
705k
253k
373k
496k
530k
587k
385k
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 River Forest

15
6
10
9
10
19
17
17
20
14
16
20
10
11
12
5
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 River Forest

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 9 5 -44.4% 19 17 -10.5%
(Single Family) 3 3 0% 11 10 -9.1%
(Condos/Townhomes) 6 2 -66.7% 8 7 -12.5%
Median Sale Price $291,000 $385,000 +32.3% $610,000 $555,000 -9%
(Single Family) $1,075,000 $647,000 -39.8% $675,000 $633,500 -6.1%
(Condos/Townhomes) $208,500 $130,000 -37.6% $208,500 $195,000 -6.5%
Days on Market 34 82 +141.2% 61 23 -62.3%
(Single Family) 1 7 +600% 29 19 -36.2%
(Condos/Townhomes) 91 85 -6.6% 81 82 +1.9%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in River Forest? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

Do you have any questions about River Forest?


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.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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