Is New Berlin, IL 62670 a buyer’s or seller’s market?
New Berlin is a seller’s market. With about 1.1 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.1Under 4 months = seller’s market
Sold above original list22.2%Share of sales, last 3 months
Median sale-to-list98.9%Sold price ÷ list price
Median days on market16Listing to accepted offer
Median price per sq ft$134▲ +10.5% vs. last year
Run the numbers for 62670
Nearby markets
Auburn 62615Seller’s market $129 /sq ftBuffalo 62515 $107 /sq ftCantrall 62625 $152 /sq ftChatham 62629Seller’s market $149 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology