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 02/21 Under Contract
Last 30 days
Absorption Rate Months of Inventory
51k-75k 1 0.2 0
101k-125k 1 5 1 0.8 1.3
126k-150k 1 3 1 0.5 2
151k-175k 3 8 1 1.3 2.3
176k-200k 3 24 2 4 0.8
201k-225k 13 21 4 3.5 3.7
226k-250k 8 26 4.3 1.9
251k-275k 12 25 1 4.2 2.9
276k-300k 21 46 6 7.7 2.7
301k-325k 18 22 5 3.7 4.9
326k-350k 20 22 4 3.7 5.4
351k-375k 19 15 1 2.5 7.6
376k-400k 10 11 2 1.8 5.6
401k-425k 7 15 2 2.5 2.8
426k-450k 7 6 1 1 7
451k-475k 7 1.2 0
476k-500k 2 5 4 0.8 2.5
501k-550k 5 1 0.8 0
551k-600k 4 0 -
601k-650k 4 0 -
651k-700k 5 0 -
701k-750k 1 0 -
751k-800k 1 0 -
801k-850k 1 0 -
901k-950k 2 1 0.2 10
951k-1m 1 0 -
1m-1.1m 1 0 -
2m-2.25m 1 0 -

26% of available homes are currently under contract

Supply & Demand for Condos/Townhomes

List Price Available Sold Since 02/21 Under Contract
Last 30 days
Absorption Rate Months of Inventory
1k-25k 1 0 -
51k-75k 2 0.3 0
76k-100k 1 6 1 1
101k-125k 7 13 2.2 3.2
126k-150k 11 37 6 6.2 1.8
151k-175k 6 30 6 5 1.2
176k-200k 6 6 2 1 6
201k-225k 4 6 2 1 4
226k-250k 2 5 1 0.8 2.5
251k-275k 5 1 0.8 0
276k-300k 1 2 0.3 3.3
851k-900k 1 0.2 0