Hitting a record low dating back to April, 37 homes were sold in the Highland Park market over the last 30 days. This represents a 2.6% decrease and comes on top of a seven-week steady downturn in sales activity. During the same time frame, Buffalo Grove had the most of any other neighboring municipalities with 71 sales. Furthermore, a three-week upward trend in new listings is expected to come to an end over the coming weeks. Prices are falling in Highland Park, and this period the median price of all sales fell from $540,750 to $532,500. A downturn in sales, coupled with the availability of 10 months of inventory, prove that Highland Park is a definite buyer's market.
If you are curious about inexpensive homes in Highland Park, start off by checking out these great listings: