The average sale price for Glenview houses sold during the past year compared to those sold during the previous year is down over 24%. Part of why the average price is down can be attributed to more sales of 2 bedroom or less houses and less sales of 5 bedroom or larger houses.
As shown in the table below the number of 2 bedroom or less houses sold in the past year was up from 4% of sales to 6% of sales. The number of 5 bedroom or larger houses this past year was 20% of the market compared to 23% the year earlier.
Average sale prices for 3 & 4 bedroom Glenview houses dropped the least this past year
Those segments of the market also experienced the greatest price declines. The average price of 2 bedrooms or less houses dropped 36%, twice that of 4 bedroom houses! The average price of 5 bedroom or larger houses dropped 26% while the average price for 3 bedroom houses dropped 22%.
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