How’s the Market — North Suburbs Weekly Report – November 11, 2025

📊 Big Picture (week-over-week)

How’s the market really doing across Chicago’s North Suburbs. This week’s data shows a market that remains seller-favored, with uneven week-to-week pricing as inventory mix changes. For active listings, pricing to recent comps remains absolutely critical; for buyers, monitor suburbs with inventory upticks for better negotiation windows.

• Market Action Index (MAI) trend is mixed:
• Up: Highland Park (+1), Glencoe (+3)
• Flat: Buffalo Grove, Glenview
• Down: Deerfield (–2), Northbrook (–1)
• Inventory mostly tighter: Inventory fell in Buffalo Grove (–2), Highland Park (–4), Glencoe (–2); flat in Northbrook; up in Deerfield (+4).
• Prices adjusted unevenly: Notable WoW shifts include Buffalo Grove median list down ~$40K and Highland Park up ~$100K; Glenview eased (~$25K), Glencoe and Northbrook were essentially flat week-to-week.

📈 Suburban Trends

Mid-Priced Suburbs — Competitive, with some price reshuffling

• Buffalo Grove — MAI 59 (flat); Inventory 19 (–2 WoW); Median list $539K (–$40K WoW). Demand remains strong; the lower median reflects this week’s active mix more than a directional change in demand.
• Deerfield — MAI 45 (–2); Inventory 26 (+4); Median list $799K (+$45K). Slight cooling in MAI alongside a supply bump; pricing edged higher on the current active set.
• Glenview — MAI 47 (flat); Inventory 43 (N/A last week); Median list $1.145M (–$25K). Still a firm seller’s market; small price step-down week-over-week.

Takeaway: Mid-priced areas remain the most competitive by MAI. Inventory is thin to stable, and well-priced listings should continue to move efficiently.

Balanced/Upper-Tier — Firmer in Glencoe, steady in Northbrook and Highland Park

• Highland Park — MAI 43 (+1); Inventory 37 (–4); Median list $1.27M (+$100K). Slight MAI lift with tighter supply and a higher median this week.
• Northbrook — MAI 35 (–1); Inventory 44 (flat); Median list $1.724M (~flat). Marginal softening in MAI with stable supply and pricing.
• Glencoe — MAI 38 (+3); Inventory 13 (–2); Median list $2.999M (~+$9K). Clear MAI improvement on lower inventory.
• Lake Forest — MAI 36; Inventory 45; Median list $1.95M. Slight-seller’s market.

Takeaway: Conditions remain seller-tilted but selective. Glencoe firmed the most this week; Northbrook is steady-to-softer; Highland Park improved modestly with fewer actives.

🔍 This Week’s Quick Stats vs. Last Week

💡 Key Insights This Week

• Demand resilience with selective pricing: MAIs stayed in seller territory across all seven suburbs; week-to-week price shifts were more about current active-listing mix than a structural demand change.
• Tight supply remains the constraint: Five of seven suburbs showed flat-to-lower inventory; where inventory rose (Deerfield), MAI ticked down.
• Upper-tier variance: Glencoe strengthened on lower supply; Northbrook held steady overall with a slight MAI dip and flat pricing.

🧭 Final Thoughts

Overall, the North Shore and North Suburbs of Chicago, in general, remains seller-favored, with uneven week-to-week pricing as inventory mix changes. For active listings, pricing to recent comps remains absolutely critical; for buyers, monitor towns with inventory upticks for better negotiation windows.

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Written by Bob Wise, JD, Agent and Managing Partner with the Lyn Wise Group @properties Christies International Real Estate – specialists in Chicago, North Shore and North Suburban home buying, selling and market date and valuation. Data sourced from Altos Research, November 11, 2025.