North Suburban Market Update - October 28, 2025

North Suburban Market Update - October 28, 2025

Executive Summary

The fall market remains seller-leaning, but week-over-week shifts show different dynamics by suburb and price point. The strongest momentum continues in the mid-price tiers (especially Buffalo Grove and Glenview), while Northbrook and luxury segments show more patience and negotiation.

This blog provides a clear breakdown of what changed this week and what that means for both buyers and sellers.


📊 Week-Over-Week Market Changes

Suburb

MAI (Prev)

MAI (Current)

Inventory (Prev)

Inventory (Current)

Median List Price (Prev)

Median List Price (Current)

Northbrook

39

36

45

50

$1.70M

$1.56M

Glenview

46

47

43

39

$1.20M

$1.20M

Buffalo Grove

56

59

19

18

$529K

$552K

Lake Forest

37

36

49

50

$1.95M

$2.37M

Highland Park

42

43

38

38

$1.22M

$1.18M

Glencoe

35

36

18

17

$2.48M

$2.50M

Deerfield

47

46

22

25

$764K

$789K

MAI above 30 = Seller’s advantage
(Higher = stronger competition among buyers)


🏘 Detailed Suburb Commentary

Northbrook

MAI fell and inventory rose — giving buyers more leverage and a wider selection.
This is a window of opportunity before spring activity returns.

Glenview

Demand continues to outpace supply.
Homes in the $800K–$1.4M tier are seeing fast engagement, often with strong terms.

Buffalo Grove

Still the strongest market this week.
Affordability + solid inventory mix = competitive offers and shorter timelines.

Lake Forest

High-end listings remain steady but require patience from sellers.
Strong lifestyle positioning wins here.

Highland Park

Steady, balanced, and well-positioned for early 2026 energy.
Buyers have time; sellers can still be confident.

Glencoe

Tight supply with price recalibration underway in the luxury segment.
Data suggests buyers are increasingly value-conscious at this level.

Deerfield

Activity remains solid under $900K even with mixed pricing signals.
Move-up families should take action before spring competition increases.


🧭 Bottom Line for Buyers & Sellers

Who

What This Market Means

Buyers

More leverage in select suburbs; negotiate terms, credits, repairs

Sellers

Pricing accuracy + strong presentation prevent stagnation

Investors

Mid-price tiers offer strongest absorption + rental demand

Luxury sellers

Data-based pricing + marketing strategy remain critical


Recommendation

If you’re considering a move in the next 3–6 months, this is the time to plan:

Sellers:
Pre-list inspections
Minor repairs + staging
Pricing aligned with active comps

Buyers:
Know your numbers
Be offer-ready in competitive suburbs
Take advantage of longer DOM in luxury tiers

Contact us - we can help.

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As experienced and well-respected leaders in the Chicago and North Shore Real Estate markets, Lyn Wise Group is a top-rated real estate team delivering a seamless, stress-free buying and selling experience with expert market insights and a powerful network to help you find or sell your home.

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