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Kim Quanstrom

  Kim Quanstrom

Direct Phone:   (847) 788-5550
Fax:

  (847) 387-6466

Email Address
Office
Coldwell Banker Residential Brokerage Northwest
792 E Rand Rd
Arlington Heights, IL 60004
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Illinois Association of Realtors
Monthly Housing Survey by County
Based on May 2008 Sales

7/15/08 -

The Illinois Association of Realtors released their Housing Survey by County  for sales during the month of May.

All Sales

County May 2007 YTD 2007 May 2008 YTD 2008 % Change Month % Change Year Median May 2007 Median May 2008 Median Price % Change Average Price May 2007 Average Price May 2008 Average Price % Change
Cook 5,638 22,061 3,945 15,665 -30.0% -29.0% $265,000 $274,900 3.7% $329,627 $345,858 4.9%
Dekalb 160 799 146 471 -8.8% -41.1% $184,000 $176,000 -4.3% $207,234 $195,985 -5.4%
DuPage 1,095 4,217 820 3,015 -25.1% -28.5% $276,500 $260,000 -6.0% $343,190 $316,672 -7.7%
Grundy 55 235 39 170 -29.1% -27.7% $190,000 $199,000 4.7% $203,520 $218,056 7.1%
Kane 599 2,382 413 1,553 -31.1% -34.8% $233,000 $220,000 -5.6% $275,044 $267,578 -2.7%
Kendall 159 720 120 517 -24.5% -28.2% $234,900 $234,950 0.0% $258,861 $247,253 -4.5%
Lake 833 3,241 595 2,271 -28.6% -29.9% $247,000 $260,000 5.3% $350,282 $358,436 2.3%
McHenry 373 1,420 269 1,082 -27.9% -23.8% $233,000 $209,900 -9.9% $259,430 $267,533 3.1%
Will 839 3,347 580 2,292 -30.9% -31.5% $224,000 $214,200 -4.4% $264,901 $251,779 -5.0%
Chicago PMSA 9,751 38,422 6,927 27,036 -29.0% -29.6% $252,200 $251,000 -0.5% $317,434 $322,310 1.5%

Information is based on a survey of multiple listing service (MLS) sales reported by participating Illinois REALTORS® local boards/associations. The Chicagoland PMSA, as defined by the U.S. Census Bureau, includes the counties of Cook, DeKalb, DuPage, Grundy, Kane, Kendall, Lake, McHenry, and Will. If no sales were reported in a specific county, that county is not included in this report. Source: Illinois Association of REALTORS®.

 

 

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