The RE/MAX Northern Illinois network increased its market share leadership in Kane County home sales during 2007 based on sales data available through the Multiple Listing Service of Northern Illinois (MLSNI). RE/MAX agents listed 32.2 percent of all homes sold in Kane County, up from 29.9 percent during the prior year.
Home sales reported by the MLSNI totaled 5,649 in Kane County during 2007, a decrease of 22.4 percent from the 7,283 homes sold during the prior year.
The top five real estate organizations in Kane County during 2007, in terms of sold listings, were RE/MAX with 1,819 (32.2 percent), Coldwell Banker with 654 (11.6 percent), Baird & Warner with 416 (7.4 percent), Century 21 with 331 (5.9 percent), and Keller Williams with 190 (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 Kane County market in homes purchased. In 2007, RE/MAX agents represented buyers who purchased 25.3 percent of all listed homes sold in Kane County, topping Coldwell Banker (10.1 percent), Century 21 (8 percent), Baird & Warner (7.6 percent) and Kettley (3.6 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 Leadership Position in Kane County Home Sales
