RE/MAX Continued To Lead McHenry County In 2008, Closing Nearly 1,400 Home Sale Transactions

RE/MAX Network Again Tops Metro Chicago Real Estate Market

RE/MAX agents once again led the McHenry County residential real estate market during 2008, representing either the buyer or seller in 1,396 home sale transactions, according to sales data available for McHenry County through Midwest Real Estate Data, LLC (MRED). Since 1989, RE/MAX has ranked number one in the metropolitan Chicago real estate market based on residential listings sold.

“In a challenging environment for Illinois real estate sales, RE/MAX agents continue to demonstrate their skills and commitment,” said Jim Merrion, regional director of the RE/MAX Northern Illinois real estate network.

RE/MAX agents listed 686, or 24.6 percent, of all residential properties sold in McHenry County during 2008. They also led the county in buyer representation, assisting buyers with 710 transactions.

Home sales reported by MRED in McHenry County during 2008 totaled 2,786, a 26.3 percent decrease from the 3,781 homes sold in 2007.

The top five real estate organizations in McHenry County during 2008, in terms of listings sold, were RE/MAX with 686 (24.6 percent), Coldwell Banker with 433 (15.5 percent), Prudential with 388 (13.9 percent), Century 21 with 273 (9.8 percent) and Baird & Warner with 167 (6 percent). Data maintained by MRED may not reflect all real estate activity in a specific market area.

At the same time, RE/MAX agents led McHenry County in buyer representation, closing 25.5 percent of all sales made of listed homes in 2008, topping Prudential (16.2), Coldwell Banker (10.1 percent), Century 21 (10 percent) and Baird & Warner (6.6 percent). RE/MAX remained the market-share leader in buyer representation across the metropolitan Chicago real estate market during 2008, completing 16.4 percent of all buyer transactions.