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 June 2023

Since last year, 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

$304,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$43,500(+16.7%)

Key Takeaway

Homes in Carillon-Cambridge Condos have sold for 16.7% more than they did a year ago.

Summary: The median home sold price in Carillon-Cambridge Condos was $304,000 in June 2024, up 16.7% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 -$264K
N/A
2 $258.5K$293K
+13.3%
3 $320K$329.9K
+3.1%
4 --
N/A
5+ --
N/A

Summary: Carillon-Cambridge Condos housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 3.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Carillon-Cambridge Condos
+16.7%
Carillon
+13.1%

Housing Supply in Carillon-Cambridge Condos, IL

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

Number of Homes For Sale

May 2024Jun 2024CHANGE
10100.0%

Summary: The Carillon-Cambridge Condos real estate market had 10 homes for sale in June 2024, the same as May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 79
+28.6%
3 31
-66.7%
4 00
0.0%
5+ 00
0.0%

Summary: The Carillon-Cambridge Condos housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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 June 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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

Jun 2023Jun 2024CHANGE
4 Days8 Days+85.2%

Summary: Homes in Carillon-Cambridge Condos had an average of 8 days on market in Jun 2024, up by 85.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were 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 June 2024, 3 homes were sold in Carillon-Cambridge Condos; 100% of homes were sold within 30 days, 0% 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 4 Days Ago

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