08/03/2026
Hello & Happy Monday! 🏡📊
It’s time for your Monday Market Update with Miranda & Andrew!
As always, they begin with the latest numbers across McHenry County — including current listings, private network activity, homes under contract, and recent sales.
This week, they take a broader look at the market, comparing year-over-year list prices and sale prices across the Chicagoland area. The takeaway? Inventory remains very low, meaning we still haven’t reached the balanced market many buyers are hoping for.
They also discuss what they’re seeing in surrounding communities like Lake Forest, Kildeer, and Barrington, where home appreciation has been remarkable.
Another interesting topic is the luxury market. The National Association of Realtors has predicted a strong luxury market in 2026, and Miranda & Andrew say that’s exactly what they’re experiencing. Luxury homes are continuing to sell quickly and at strong prices.
Working in different communities gives them a unique perspective. For example, Naperville tends to have more entry-level and move-up homes, while communities like Lake Forest have a much larger concentration of luxury properties.
One trend they’re paying close attention to is the growing divide in today’s housing market. While many buyers are facing affordability challenges, others continue to have the financial ability to purchase higher-end homes. That difference is becoming more noticeable across the market, and it’s shaping housing activity throughout the Chicagoland area.
As always, whether you’re buying your first home, moving up, or simply wondering what today’s market means for you, Miranda & Andrew are here to help. Give us a call!
Ready to Move?
Sellers: DM “VALUE” for a personalized home evaluation
Buyers: DM “ACCESS” for private and coming-soon listings
☎️ 815-529-0777
📧 [email protected]
💻 mirandaaltteam.com