10 new real estate properties in Northbrook, Illinois have been added to Ofirio in the last 7 days.
Of those new properties:
Northbrook, Illinois has a low demand for real estate. This is determined by the difference between the list price and the closed price, which on average is 2% lower than than the list price. The demand for luxury real estate is higher than the demand for “Under $200k” real estate by 1%. Homes in Northbrook, Illinois are on the market for 89 days, on average among all of our listings.
This week the following real estate properties became available for sale:
The biggest change in price is in the No HOA segment and it is 43% ($581,250) more than the week prior.
The average closing price for real estate in Northbrook Illinois has fallen by 16% from the last week, which amounted to $657,214.
As of January 2023 Northbrook, IL is a seller market which means homes sell faster at a higher price. In January 2023, 1 homes (11.1%) sold at asking price, 7 homes (77.8%) sold below asking price, and 1 homes (11.1%) were sold above asking price. If purchasing a home there is little room to negotiate the price.
The median home price decreased by 25.7% from $525,000 in January 2022 to $390,000 in January 2023. The number of homes sold in Northbrook, IL has decreased by 74.3% over the last year from 35 in January 2022 to 9 homes in January 2023.
Homes in Northbrook, IL have sold for 3.3% more per ft² than they did a year ago. As of January 2023 the average price per square foot is $229.