The Market Wrap-Up For August

Let’s take at look at some August numbers for single-family houses and condos in the Chicago area and see how they compare to last year.

Cook County

  • 56,160 properties were for sale, down from 66,873 in August 2008
  • 9,766 new listings came on the market, down from 10,896 in August 2008
  • 3,991 properties sold, up from 3,972 in August 2008
  • The average sales price for single-family homes was $273,479, down from $374,923 in August 2008

DuPage County

  • 11,552 properties were for sale, down from 13,050 in August 2008
  • 1,897 new listings came on the market, down from 1,993 in August 2008
  • 803 properties sold, up from 759 in August 2008
  • The average sales price for single-family homes was $378,069, down from $477,943 in August 2008

Lake County

  • 9,927 properties were for sale, down from 11,190 in August 2008
  • 1,408 new listings came on the market, down from 1,650 in August 2008
  • 659 properties sold, up from 657 in August 2008
  • The average sales price for single-family homes was $350,349, down from $432,656 in August 2008

We pulled these numbers from MRED.

Dig Deeper Into the Trends

These numbers are for county-level trends. To see what’s happening in your neighborhood, check out our stats & trends pages.

What trends did you see in August?