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?


28% of available homes are currently under contract

Supply & Demand for Single Family Homes

List Price Available Sold Since 08/19 Under Contract
Last 30 days
Absorption Rate Months of Inventory
76k-100k 1 0.2 0
101k-125k 2 0.3 0
126k-150k 3 3 1 0.5 6
151k-175k 1 9 3 1.5 0.7
176k-200k 1 12 1 2 0.5
201k-225k 6 17 6 2.8 2.1
226k-250k 8 19 4 3.2 2.5
251k-275k 5 23 3 3.8 1.3
276k-300k 15 30 7 5 3
301k-325k 9 11 3 1.8 5
326k-350k 8 14 3 2.3 3.5
351k-375k 9 14 5 2.3 3.9
376k-400k 5 6 1 1 5
401k-425k 1 10 1 1.7 0.6
426k-450k 2 2 1 0.3 6.7
451k-475k 1 0 -
476k-500k 2 0.3 0
501k-550k 3 3 2 0.5 6
551k-600k 3 1 0.2 15
601k-650k 2 0 -
651k-700k 1 0 -
701k-750k 1 0.2 0
751k-800k 1 0 -
801k-850k 1 0 -
901k-950k 1 0 -
951k-1m 1 0 -
1m-1.1m 1 0 -

24% of available homes are currently under contract

Supply & Demand for Condos/Townhomes

List Price Available Sold Since 08/19 Under Contract
Last 30 days
Absorption Rate Months of Inventory
1k-25k 1 0 -
51k-75k 3 2 0.5 0
76k-100k 2 2 0.3 6.7
101k-125k 7 13 1 2.2 3.2
126k-150k 7 24 3 4 1.8
151k-175k 4 15 2.5 1.6
176k-200k 3 12 3 2 1.5
201k-225k 1 2 0.3 3.3
251k-275k 1 1 0.2 5
276k-300k 2 1 0.3 0