RE/MAX Retains Top Spot In West Towns Area Of Chicago Real Estate Market

RE/MAX Chicago Realtors® remained the leader in the West Towns area of the Chicago real estate market area during the first half of 2008. RE/MAX agents listed 21.7 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 889 in the West Towns area during the first six months of 2008. That is 38 percent fewer sales than were reported for the same period last year.

The West Towns market area includes the communities of , Broadview, Brookfield, Cicero, Forest Park, Forest View, Lyons, North Riverside, Oak Park, River Forest, Riverside, Stickney and Westchester.

The top five real estate organizations in the West Towns market during the first half of 2008, in terms of listings sold, were RE/MAX with 193 (21.7 percent), Baird & Warner with 67 (7.5 percent), Coldwell Banker with 62 (7 percent), F.C. Pilgrim & Co. with 53 (6 percent) and Gloor Realty Co. with 46 (5.2 percent). Data maintained by MRED may not reflect all real estate activity in a specific market area.

In the West Towns market, no one helped more buyers purchase homes than RE/MAX. During the first half of 2008, RE/MAX agents represented buyers who purchased 18.4 percent of all listed homes sold in the area, topping Coldwell Banker (10 percent), Baird & Warner (7.9 percent), Century 21 (5.1 percent) and Prudential (4.5 percent). Across the metropolitan area during the six-month period, RE/MAX remained the leader among real estate companies, assisting 16.5 percent of all buyers.

During the first six months of this year, RE/MAX remained Chicagoland’s market-share leader, listing one of every five residences sold, or 19.8 percent of the total. 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.