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?


46% 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
1k-25k 1 0.2 0
26k-50k 1 11 2 1.8 0.6
51k-75k 1 10 2 1.7 0.6
76k-100k 2 9 2 1.5 1.3
101k-125k 3 12 4 2 1.5
126k-150k 1 8 2 1.3 0.8
151k-175k 3 0.5 0
176k-200k 1 0.2 0
201k-225k 1 0.2 0

75% 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
26k-50k 2 0.3 0
51k-75k 1 7 2 1.2 0.8
76k-100k 1 0.2 0
101k-125k 1 0.2 0
126k-150k 1 1 0.2 0