Hey everyone, I'm Nick Kein, your local REALTOR® here in Bartlett, Illinois. Today, I'm excited to bring you a comprehensive market update for June 2024. Let’s dive into the numbers and see what’s happening in our local real estate market.

Inventory Levels

Currently, Bartlett has a 1.53 Months Supply of Inventory. This statistic is crucial as it indicates the number of months it would take to sell all current listings if no new homes were added to the market. With just over a month and a half of inventory, we are experiencing a seller's market. The low inventory means high competition among buyers, which often leads to quicker sales and higher prices.

Bartlett IL Real Estate Market Update June 2024 Months Supply of Housing Inventory

List to Sold Price Percentage

The List to Sold Price percentage is a robust 102.8%. This figure means that, on average, homes are selling for slightly over their asking price. This trend underscores the high demand for homes in Bartlett. If you're a seller, this is excellent news as it suggests you can expect competitive offers on your property.

Bartlett IL Real Estate Market Update June 2024 Average List to Sale Price Percentage

Median Days on Market

Homes in Bartlett are selling fast, with a median of just 6 days on the market. This rapid turnover is a clear indicator of a hot market. For sellers, this means that your home is likely to attract buyers quickly. For buyers, it means you need to act fast when you find a home you love.

Bartlett IL Real Estate Market Update June 2024 Median Days on Market

Median Sold Price

The median sold price in Bartlett is $409,000. This steady increase in home values is a positive sign for the local market. Rising prices are beneficial for current homeowners looking to build equity, and they also indicate a healthy, appreciating market.

Bartlett IL Real Estate Market Update June 2024 Median Sold Price


Whether you are considering buying or selling, these numbers show that Bartlett is a vibrant and dynamic real estate market right now. If you’re looking to make a move, now might be the perfect time.

As your local REALTOR®, I'm here to help guide you through the process. Feel free to reach out to me at 630-405-3855 for all your real estate needs.

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