The RE/MAX Northern Illinois network increased its market share leadership in the Will County home sales market during 2007 based on sales data available through the Multiple Listing Service of Northern Illinois (MLSNI). RE/MAX agents listed 27.2 percent of all homes sold in Will County, up from 26.6 percent during the prior year.
Home sales reported by the MLSNI totaled 8,042 in Will County during 2007, a decrease of 25.4 percent from the 10,776 homes sold during the prior year.
The top five real estate organizations in Will County during 2007, in terms of sold listings, were RE/MAX with 2,190 (27.2 percent), Coldwell Banker with 1,629 (20.3 percent), Century 21 with 475 (5.9 percent), Realty Executives with 368 (4.6 percent) and Baird & Warner with 276 (3.4 percent). Data maintained by the MLSNI may not reflect all real estate activity in a specific market area.
RE/MAX also led the Will County market in homes purchased. In 2007, RE/MAX agents represented buyers who purchased 21.7 percent of all listed homes sold in Will County, topping Coldwell Banker (18.2 percent), Century 21 (7.4 percent), Realty Executives (4.2 percent) and Baird & Warner (4 percent).
During 2007, RE/MAX ranked as Chicagoland’s market-share leader, listing 20.3 percent of all homes sold. That continues an 18-year period during which RE/MAX maintained the number one position in the Chicagoland market. RE/MAX also continues to lead the suburban Chicago area, closing 26.2 percent of listings sold in 2007, an increase over the previous year when RE/MAX had a market share of 26.1 percent.
Tuesday, February 12, 2008
RE/MAX Expands Its Leadership Position in Will County Home Sales
