The March Glenview Real Estate Snapshot reveals a mixed landscape in the local housing market. Active listings have decreased by 28.00% compared to the prior month and a substantial 62.50% drop from the same period last year, indicating a tightening inventory. Despite this, there's a positive uptick in closed deals, with a 10.53% increase from the previous month, albeit a slight decrease of 22.22% year-over-year. This suggests ongoing activity and successful transactions within the market. Notably, the number of properties under contract has surged by 32.00% from the previous month, showcasing continued interest among buyers, although there's a decrease of 22.35% compared to the same period last year. Overall, while the inventory may be shrinking, buyer activity remains robust, making it an opportune time for both buyers and sellers to engage with the Glenview real estate market.
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