Is Carillon-Cambridge Condos, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carillon-Cambridge Condos is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Carillon-Cambridge Condos has remained a Seller's Market.

Key Takeaway

Carillon-Cambridge Condos is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Carillon-Cambridge Condos, IL

How much do homes in Carillon-Cambridge Condos, IL cost?

Median Sold Price

$300,000

$177/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$31,500(-9.5%)

Key Takeaway

Homes in Carillon-Cambridge Condos have sold for 9.5% less than they did a month ago.

Summary: The median home sold price in Carillon-Cambridge Condos was $300,000 in October 2024, down 9.5% from last month, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $329.2K$300K
-8.9%
3 $331.5K-
N/A
4 --
N/A
5+ --
N/A

Summary: Carillon-Cambridge Condos housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Carillon-Cambridge Condos, IL

How many homes are available in Carillon-Cambridge Condos, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1110-9.1%

Summary: The Carillon-Cambridge Condos real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1010
0.0%
3 10
-100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Carillon-Cambridge Condos housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carillon-Cambridge Condos, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Carillon-Cambridge Condos in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Carillon-Cambridge Condos, IL

How long does it take to sell a home in Carillon-Cambridge Condos, IL?

Average Sale Time

Sep 2024Oct 2024CHANGE
25 Days26 Days+2.6%

Summary: Homes in Carillon-Cambridge Condos had an average of 26 days on market in Oct 2024, up by 2.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Carillon-Cambridge Condos are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Carillon-Cambridge Condos; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

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