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?


21% of available homes are currently under contract

Supply & Demand for Single Family Homes

List Price Available Sold Since 11/28 Under Contract
Last 30 days
Absorption Rate Months of Inventory
51k-75k 1 0.2 0
101k-125k 2 4 0.7 2.9
126k-150k 1 5 0.8 1.3
151k-175k 1 11 4 1.8 0.6
176k-200k 3 21 6 3.5 0.9
201k-225k 3 19 6 3.2 0.9
226k-250k 11 19 6 3.2 3.4
251k-275k 5 19 1 3.2 1.6
276k-300k 23 29 7 4.8 4.8
301k-325k 9 25 10 4.2 2.1
326k-350k 12 26 3 4.3 2.8
351k-375k 15 18 1 3 5
376k-400k 17 12 5 2 8.5
401k-425k 10 11 1 1.8 5.6
426k-450k 5 6 1 1 5
451k-475k 5 4 0.7 7.1
476k-500k 3 2 0.3 10
501k-550k 5 4 0.7 7.1
551k-600k 3 1 0.2 15
601k-650k 2 1 0.2 10
651k-700k 4 0 -
701k-750k 2 0 -
751k-800k 1 1 0.2 5
801k-850k 1 0 -
901k-950k 2 0 -
951k-1m 1 1 0.2 5
1m-1.1m 1 0 -

23% of available homes are currently under contract

Supply & Demand for Condos/Townhomes

List Price Available Sold Since 11/28 Under Contract
Last 30 days
Absorption Rate Months of Inventory
1k-25k 1 0 -
51k-75k 3 0.5 0
76k-100k 1 9 1 1.5 0.7
101k-125k 3 5 1 0.8 3.8
126k-150k 13 29 7 4.8 2.7
151k-175k 9 22 4 3.7 2.4
176k-200k 3 7 1.2 2.5
201k-225k 1 7 3 1.2 0.8
226k-250k 5 2 0.3 16.7
251k-275k 1 2 1 0.3 3.3
276k-300k 1 1 0.2 5
301k-325k 1 0 -