These are current statistics from the MRED Multiple Listing Service for Lincolnwood, Illinois 60712
The median sales price increased +4.8% in the last 12 months
The level of unsold inventory is down -46.0% over the prior 12 months.
There is currently a 6.5 month supply of unsold inventory.
A 3-4 month supply of inventory is considered "In Balance", this level is considered a "Oversupply"
Marketing Time has declined -21.2% to 137 days on the market
Bank Owned properties and Short Sales account for approximately 33% of total sales
Overall the market is showing positive signs over the prior 12 months
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