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Current real estate market in Morton Grove, Illinois 60053
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Page 1: Morton Grove 60053 Appraiser 312.479.5344

Current real estate market in Morton Grove, Illinois 60053

Page 2: Morton Grove 60053 Appraiser 312.479.5344

Single family home data taken from the MRED MLS

Page 3: Morton Grove 60053 Appraiser 312.479.5344

In the last 30 days there were 7 closed sales of Detached Homes 20 went under contract and there were 32 new listings

Page 4: Morton Grove 60053 Appraiser 312.479.5344

In the last 12 months median sales prices increased +1.4%

Page 5: Morton Grove 60053 Appraiser 312.479.5344

Marketing Time is down -18.6% to an average of 70 days on the market

Page 6: Morton Grove 60053 Appraiser 312.479.5344

Now there is a 4.9 Month Supply of Inventory at the current level of absorption, this level is considered a oversupply.

Page 7: Morton Grove 60053 Appraiser 312.479.5344

Distressed sales, Bank Owned and Short Sales account for approximately 18% of total sales

Page 8: Morton Grove 60053 Appraiser 312.479.5344

Citywide Services performs residential real estate appraisals in Morton Grove. Appraisals for divorce, estate, bankruptcy, tax appeal, bail bonds, and for sale by owner. Call 312.479.5344 www.appraisercitywide.com