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®. |