Skokie Real Estate Trends & Statistics

Skokie Median List Price

$262,900

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Skokie Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	179	186	4%	301	41%
Median List Price	$262,900	$259,000	2%	$220,000	20%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	9%	13%		16%
Median DOM	54	52	4%	85	36%
Median House Size	1,469	1,490	1%	1,350	9%
Median $/Sqft	$176/sqft	$171/sqft	3%	$162/sqft	9%

	Today	1 Month Ago		1 Year Ago
Total Inventory	104	107	3%	168	38%
Median List Price	$314,900	$319,000	1%	$289,900	9%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	8%	9%		15%
Median DOM	60	63	5%	74	19%
Median House Size	1,571	1,600	2%	1,500	5%
Median $/Sqft	$190/sqft	$184/sqft	3%	$184/sqft	3%

	Today	1 Month Ago		1 Year Ago
Total Inventory	75	79	5%	133	44%
Median List Price	$150,000	$150,000		$129,900	15%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	12%	18%		17%
Median DOM	51	38	34%	101	50%
Median House Size	1,320	1,300	2%	1,200	10%
Median $/Sqft	$136/sqft	$137/sqft	1%	$118/sqft	15%

Skokie Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	69	62	48	46	22	39	54
New Listings	103	79	52	58	83	93	116
Sold/Expired	171	120	142	109	90	107	109

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	45	32	25	22	8	23	31
New Listings	56	46	30	34	61	51	65
Sold/Expired	91	66	84	62	51	64	61

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	24	30	23	24	14	16	23
New Listings	47	33	22	24	22	42	51
Sold/Expired	80	54	58	47	39	43	48

Skokie, Illinois real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Skokie homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Skokie. Movoto is your comprehensive source for Skokie property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Skokie, IL Market Overview

Inventory: 179 Recently Sold: 109 New Listings: 116 Distressed: 9

Skokie's home resale inventories decreased slightly, with a 4 percent decrease since April 2013. Distressed properties such as foreclosures and short sales decreased as a percentage of the total market in May. The median listing price in Skokie went up from April to May. There were a total of 8 price increases and 54 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

5261 W Farwell Ave, Skokie, IL