November Home Sales in Metro Chicago Real Estate Market Continued Trend of Robust Sales, Stronger Pricing
Summary
Average market times for detached homes showed significant improvement across the board.Those findings are based on an analysis of transaction data compiled by Midwest Real Estate Data, LLC (MRED), the regional multiple listing service.November sales of attached and detached homes in the seven-county area totaled 7,500 units, which is 37 percent more than in November 2011.The median sales price climbed 1 percent to $121,500, while the average market time improved to 144 days from 184 days a year ago.Attached-home sales volume climbed in all seven counties led by a 95 percent gain in McHenry County, where 78 units changed hands.In Chicago, the median price rose 15 percent to $155,000.Average market times for detached homes showed significant improvement across the board.Contact Information RE/MAX Northern Illinois Laura Ortoleva 847-428-4200 www.illinoisproperty.com Click here to view the list of recent Press Releases from RE/MAX Northern Illinois Promote Your Business Press Release Pricing Email this page to a friend