Supply & Demand in Gurnee

Seller's
Market
Balanced
Market
Buyer's
Market
< 5 months
Inventory
5 months
Inventory
> 5 months
Inventory
absorption_rate

The absorption rate is essentially the total number of months that is would take to sell all of the current listings in a particular market. These ratings are in a constant state of fluctuation, based on supply and demand, and usually involve all homes sold within the previous six-month period. Read more »

How is Absorption Rate calculated? How is Months of Inventory calculated?


16% of available homes are currently under contract

Supply & Demand for Single Family Homes

List Price Available Sold Since 05/19 Under Contract
Last 30 days
Absorption Rate Months of Inventory
76k-100k 2 0.3 0
101k-125k 1 1 0.2 5
126k-150k 2 3 0.5 4
151k-175k 1 9 1 1.5 0.7
176k-200k 4 21 4 3.5 1.1
201k-225k 8 18 5 3 2.7
226k-250k 9 20 2 3.3 2.7
251k-275k 12 22 2 3.7 3.2
276k-300k 24 39 3 6.5 3.7
301k-325k 15 16 4 2.7 5.6
326k-350k 18 13 1 2.2 8.2
351k-375k 10 11 2 1.8 5.6
376k-400k 10 8 3 1.3 7.7
401k-425k 4 11 1 1.8 2.2
426k-450k 3 2 1 0.3 10
451k-475k 3 0.5 0
476k-500k 4 0.7 0
501k-550k 2 2 0.3 6.7
551k-600k 4 1 0.2 20
601k-650k 2 0 -
651k-700k 2 0 -
701k-750k 1 1 0.2 0
751k-800k 2 0 -
801k-850k 1 0 -
901k-950k 1 0 -
951k-1m 1 0 -
1m-1.1m 1 0 -
2m-2.25m 1 0 -

20% of available homes are currently under contract

Supply & Demand for Condos/Townhomes

List Price Available Sold Since 05/19 Under Contract
Last 30 days
Absorption Rate Months of Inventory
1k-25k 1 0 -
51k-75k 1 0.2 0
76k-100k 2 8 1.3 1.5
101k-125k 4 16 3 2.7 1.5
126k-150k 14 30 4 5 2.8
151k-175k 4 22 1 3.7 1.1
176k-200k 2 11 1 1.8 1.1
201k-225k 3 2 0.3 10
226k-250k 1 2 0.3 3.3
251k-275k 1 3 0.5 2
276k-300k 1 3 0.5 2