RE/MAX Leads In Chicago Real Estate Greater South Suburbs

RE/MAX Chicago Realtors® remained the leader in the Chicago Real Estate Greater South Suburban market during the first half of 2008. RE/MAX agents listed 25.5 percent of all homes sold in the area based on sales data available through Midwest Real Estate Data, LLC (MRED).

Home sales reported by MRED totaled 1,973 in the Greater South Suburbs during the first six months of 2008. That is 29.5 percent fewer sales than were reported for the same period last year.

The Greater South Suburbs market includes the communities of Beecher, Burnham, Calumet City, Calumet Park, Chicago Heights, Country Club Hills, Crete, Dolton, East Hazel Crest, Flossmoor, Glenwood, Grant Park, Harvey, Hazel Crest, Homewood, Lansing, Lynwood, Markham, Matteson, Midlothian, Oak Forest, Olympia Fields, Park Forest, Richton Park, Riverdale, Sauk Village, South Chicago Heights, South Holland, Steger, Thornton and University Park.

The top five real estate organizations in the Greater South Suburbs during the first half of 2008, in terms of listings sold, were RE/MAX with 503 (25.5 percent), Coldwell Banker with 190 (9.6 percent), Realty Executives with 165 (8.4 percent), Chicago Realty Partners, Ltd., with 85 (4.3 percent) and Keller Williams with 69 (3.5 percent). Data maintained by MRED may not reflect all real estate activity in a specific market area.

In the Greater South Suburbs, no one helped more buyers purchase homes than RE/MAX. During the first half of 2008, RE/MAX agents represented buyers who purchased 17.3 percent of all listed homes sold in the area, topping Coldwell Banker (9.7 percent), Century 21 (4.5 percent), Realty Executives (4.5 percent) and Keller Williams (3.1 percent).

During the first six months of this year, RE/MAX remained the Chicago real estate leader, listing 19.8 percent of all residences sold. Since 1989, RE/MAX has ranked number one in the Chicago metropolitan home sales market based on listings sold.
MRED data for the first half of 2008 also reveals that RE/MAX listed 26.1 percent of all homes sold in the Chicago suburbs.