RE/MAX Chicago Realtors® increased their market-share leadership in the Elgin area home sales market during the first half of 2008 based on sales data available through Midwest Real Estate Data, LLC (MRED). RE/MAX agents listed 30.9 percent of all homes sold in the area, up from 29.8 percent during the first six months of 2007.
Home sales reported by MRED totaled 1,203 in the Elgin area during the first six months of 2008. That is 34.9 percent fewer sales than were reported for the same period last year (search all homes for sale in Elgin).
The Elgin market includes the communities of Burlington, Carpentersville, East Dundee, Elgin, Genoa, Gilberts, Hampshire, Hanover Park, Lake Marion, Pingree Grove, Plato, Sleepy Hollow, South Elgin, Streamwood and West Dundee.
The top five real estate organizations in the Elgin area during the first half of 2008, in terms of sold listings, were RE/MAX with 372 (30.9 percent), Coldwell Banker with 132 (11 percent), Century 21 with 88 (7.3 percent), Baird & Warner with 60 (5 percent) and Starck & Company with 55 (4.6 percent). Data maintained by MRED may not reflect all real estate activity in a specific market area.
In the Elgin area, no one helped more buyers purchase homes than RE/MAX. During the first half of 2008, RE/MAX agents represented buyers who purchased 27.8 percent of all listed homes sold, topping Century 21 (11.6 percent), Coldwell Banker (7.5 percent), Baird & Warner (7.4 percent) and Starck & Company (4.3 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.
Tuesday, July 29, 2008
RE/MAX Leads In Elgin Illinois Home Sales
