Supply & Demand in North Chicago

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?


32% of available homes are currently under contract

Supply & Demand for Single Family Homes

List Price Available Sold Since 12/17 Under Contract
Last 30 days
Absorption Rate Months of Inventory
1k-25k 1 1 0.2 0
26k-50k 3 10 4 1.7 1.8
51k-75k 3 9 1 1.5 2
76k-100k 2 6 1 2
101k-125k 1 10 1 1.7 0.6
126k-150k 8 3 1.3 0
151k-175k 2 2 0.3 6.7
176k-200k 1 0.2 0
226k-250k 1 0.2 0

43% of available homes are currently under contract

Supply & Demand for Condos/Townhomes

List Price Available Sold Since 12/17 Under Contract
Last 30 days
Absorption Rate Months of Inventory
26k-50k 1 0.2 0
51k-75k 2 4 2 0.7 2.9
76k-100k 1 0.2 0
101k-125k 1 1 0.2 0
126k-150k 1 0 -