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Northbrook, IL June Real Estate Market Update

🏡 Northbrook Real Estate Update – June!

In Northbrook, the real estate market shows a variety of trends. There are currently 81 active listings, which is a 10.96% increase from the previous month but a 5.81% decrease from the same period last year, indicating a moderate increase in new listings month-over-month but fewer compared to last year. The number of closed sales stands at 51, reflecting a significant 22.73% drop from the previous month and a 26.09% decline from the prior year, suggesting a notable decrease in completed transactions. Additionally, there are 61 properties under contract, which represents a 7.58% decrease from last month and a 6.15% drop from last year, indicating a reduction in the number of properties moving towards closing. These figures point to a market with increasing new listings but a decline in both sales and properties under contract.

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