Home Sales Momentum Continues in August Across Metro Chicago Real Estate Market, RE/MAX Reports
Summary
The average market time for homes sold in August shortened considerably in all seven counties and in Chicago when compared with the same month last year.As was the case in July, all seven counties in the metro area along with the City of Chicago recorded increases in attached sales during August when measured against year-earlier results.The RE/MAX Northern Illinois network, with headquarters in Elgin, Ill., consists of 2,100 sales associates and 110 individually owned and operated RE/MAX offices that provide a full range of residential and commercial brokerage services.Average market time fell to 149 days, a 30-day decline from the prior August.As was the case in July, all seven counties in the metro area along with the City of Chicago recorded increases in attached sales during August when measured against year-earlier results.The RE/MAX Northern Illinois network, with headquarters in Elgin, Ill., consists of 2,100 sales associates and 110 individually owned and operated RE/MAX offices that provide a full range of residential and commercial brokerage services.