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River Forest Market Trends for June 2020

By
Real Estate Sales Representative with RE/MAX Suburban

River Forest home sales for the month of June stayed the same in volume when compared to last year, while the median sale price decreased by 57.2% from $610,500 to $261,000. The number of Single Family homes sales decreased by 30%, while the median sale price decreased by 5.9% from $842,500 to $793,000. Condo/townhome sales rose by 50%, while the median sale price rose by 10.9% from $177,250 to $196,500.

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Median Sale Prices for River Forest

638k
325k
725k
610k
494k
705k
253k
373k
496k
530k
587k
385k
602k
695k
730k
261k
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Number of Sales for River Forest

10
19
17
16
20
14
16
20
10
11
12
5
21
15
10
16
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Real Estate Sales for June in River Forest

  June Year to Date (Jan 1 - July 6)
  2019 2020 Change 2019 2020 Change
Homes Sold 16 16 0% 63 82 +30.2%
(Single Family) 10 7 -30% 41 57 +39%
(Condos/Townhomes) 6 9 +50% 22 25 +13.6%
Median Sale Price $610,500 $261,000 -57.2% $545,000 $594,000 +9%
(Single Family) $842,500 $793,000 -5.9% $750,000 $718,000 -4.3%
(Condos/Townhomes) $177,250 $196,500 +10.9% $141,950 $209,000 +47.2%
Days on Market 37 35 -4.1% 31 23 -27.4%
(Single Family) 38 39 +4% 23 22 -4.3%
(Condos/Townhomes) 35 21 -39.1% 38 30 -21.1%

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

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Marco Amidei is 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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