Is Reflections Condos, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reflections Condos is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Reflections Condos has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Reflections Condos, IL

How much do homes in Reflections Condos, IL cost?

Median Sold Price

$355,000

$208/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$104,000(+41.4%)

Key Takeaway

Homes in Reflections Condos have sold for 41.4% more than they did a month ago.

Summary: The median home sold price in Reflections Condos was $355,000 in April 2024, up 41.4% from last month, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $251K-
N/A
3 -$355K
N/A
4 --
N/A
5+ --
N/A

Summary: Reflections Condos housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Reflections Condos
+41.4%
Fox Valley East
+16.8%

Housing Supply in Reflections Condos, IL

How many homes are available in Reflections Condos, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
440.0%

Summary: The Reflections Condos real estate market had 4 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Reflections Condos housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 Reflections Condos, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Reflections Condos in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Reflections Condos, IL

How long does it take to sell a home in Reflections Condos, IL?

Average Sale Time

Mar 2024Apr 2024CHANGE
9 Days2 Days-77.8%

Summary: Homes in Reflections Condos had an average of 2 days on market in Apr 2024, down by 77.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Reflections Condos are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Reflections 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 14 Days Ago

Newest Listings in Reflections Condos, IL