The RE/MAX Northern Illinois network retained its leadership in the Southwest Suburbs residential home sales market during the first half of 2009 and remains the overall leader in the metropolitan Chicago real estate market. RE/MAX agents represented either the buyer or seller in 23.9 percent of home sales in the Southwest Suburbs during the six month period based on sales data available through Midwest Real Estate Data, LLC (MRED).
Home sales reported by MRED totaled 1,415 in the Southwest Suburbs area during the first six months of 2009. That is 13 percent fewer sales than were reported for the same period last year.
The Southwest Suburbs market includes the communities of Alsip, Blue Island, Bridgeview, Burbank, Chicago Ridge, Crestwood, Evergreen Park, Hickory Hills, Hometown, Justice, Lemont, Merrionette Park, Midlothian, Oak Forest, Oak Lawn, Orland Hills, Orland Park, Palos Heights, Palos Hills, Palos Park, Posen, Robbins, Tinley Park and Worth.
The top five real estate organizations in the Southwest Suburbs during the first half of 2009, in terms of listings sold, were RE/MAX with 347 (24.5 percent), Coldwell Banker with 195 (13.8 percent), Century 21 with 151 (10.7 percent), Realty Executives with 63 (4.5 percent) and Baird & Warner with 45 (3.2 percent). Data maintained by MRED may not reflect all real estate activity in a specific market area.
In the Southwest Suburbs, no one helped more buyers purchase homes than RE/MAX. During the first half of 2009, RE/MAX agents represented buyers who purchased 23.3 percent of all listed homes sold. Following RE/MAX in that category were Coldwell Banker (12.4 percent), Century 21 (11.7 percent), Realty Executives (3.7 percent), and Prudential (3.4 percent)
Across the metropolitan area during the six-month period, RE/MAX remained the leader among real estate companies, with a total market share of 17.8 percent. RE/MAX agents led in each of the two statistical categories that contribute to overall market share, listing 18.8 percent of all homes sold and assisting 16.8 percent of all buyers. 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 2009 also reveals that RE/MAX was the total market-share leader in the Chicago suburbs, accounting for 22 percent of all transactions. RE/MAX listed 23.1 percent of all homes sold and assisted 20.8 percent of all buyers.
Home sales reported by MRED totaled 1,415 in the Southwest Suburbs area during the first six months of 2009. That is 13 percent fewer sales than were reported for the same period last year.
The Southwest Suburbs market includes the communities of Alsip, Blue Island, Bridgeview, Burbank, Chicago Ridge, Crestwood, Evergreen Park, Hickory Hills, Hometown, Justice, Lemont, Merrionette Park, Midlothian, Oak Forest, Oak Lawn, Orland Hills, Orland Park, Palos Heights, Palos Hills, Palos Park, Posen, Robbins, Tinley Park and Worth.
The top five real estate organizations in the Southwest Suburbs during the first half of 2009, in terms of listings sold, were RE/MAX with 347 (24.5 percent), Coldwell Banker with 195 (13.8 percent), Century 21 with 151 (10.7 percent), Realty Executives with 63 (4.5 percent) and Baird & Warner with 45 (3.2 percent). Data maintained by MRED may not reflect all real estate activity in a specific market area.
In the Southwest Suburbs, no one helped more buyers purchase homes than RE/MAX. During the first half of 2009, RE/MAX agents represented buyers who purchased 23.3 percent of all listed homes sold. Following RE/MAX in that category were Coldwell Banker (12.4 percent), Century 21 (11.7 percent), Realty Executives (3.7 percent), and Prudential (3.4 percent)
Across the metropolitan area during the six-month period, RE/MAX remained the leader among real estate companies, with a total market share of 17.8 percent. RE/MAX agents led in each of the two statistical categories that contribute to overall market share, listing 18.8 percent of all homes sold and assisting 16.8 percent of all buyers. 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 2009 also reveals that RE/MAX was the total market-share leader in the Chicago suburbs, accounting for 22 percent of all transactions. RE/MAX listed 23.1 percent of all homes sold and assisted 20.8 percent of all buyers.
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