Lake Bluff IL Real Estate Market Action Report March 2016
By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
By Art Wilson, RealtorLake Bluff's February Property sales were 4, down -50.0% from 8 in February of 2015 and -42.9% lower than the 7 sales last month. February 2016 sales were at their lowest level compared to February of 2015 and 2014. February YTD sales of 11 are running -31.3% behind last year's year-to-date sales of 16. The Median Sales Price in February was $142,000, down -60.0% from $355,000 in February of 2015 and down -74.9% from $565,000 last month. The Average Sales Price in February was $195,250, down -49.2% from $384,563 in February of 2015 and down -70.6% from $663,929 last month. February 2016 ASP was at the lowest level compared to February of 2015 and 2014. The Total Inventory of Properties available for sale as of February was 74, down -2.6% from 76 last month and down...