The RE/MAX Northern Illinois network retained its leadership in the Northwest 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 23.6 percent of home sales in the Northwest Suburbs during the six month period based on sales data available through Midwest Real Estate Data, LLC (MRED).
Home sales reported by MRED totaled 2,704 in the Northwest Suburbs during the first six months of 2009. That is 15.3 percent fewer sales than were reported for the same period last year.
The Northwest Suburbs market area includes the communities of Arlington Heights, Barrington, Buffalo Grove, Des Plaines, Elk Grove Village, Hanover Park, Hoffman Estates, Inverness, Keeneyville, Mt. Prospect, Niles, Palatine, Park Ridge, Prospect Heights, Rolling Meadows, Roselle, Schaumburg, Streamwood and Wheeling.
The top five real estate organizations in the Northwest Suburbs during the first half of 2009, in terms of listings sold, were RE/MAX with 669 (24.7 percent), Coldwell Banker with 472 (17.5 percent), Century 21 with 207 (7.7 percent), Baird & Warner with 175 (6.5 percent) and Prudential with 165 (6.1 percent). Data maintained by MRED may not reflect all real estate activity in a specific market area.
In the Northwest Suburbs, no one helped more buyers purchase homes than RE/MAX. During the first half of 2009, RE/MAX agents represented buyers who purchased 22.4 percent of all listed homes sold. Following RE/MAX in that category were Coldwell Banker (11.2 percent), Century 21 (9 percent), Baird & Warner (6.7 percent), Prudential (6.4 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 2,704 in the Northwest Suburbs during the first six months of 2009. That is 15.3 percent fewer sales than were reported for the same period last year.
The Northwest Suburbs market area includes the communities of Arlington Heights, Barrington, Buffalo Grove, Des Plaines, Elk Grove Village, Hanover Park, Hoffman Estates, Inverness, Keeneyville, Mt. Prospect, Niles, Palatine, Park Ridge, Prospect Heights, Rolling Meadows, Roselle, Schaumburg, Streamwood and Wheeling.
The top five real estate organizations in the Northwest Suburbs during the first half of 2009, in terms of listings sold, were RE/MAX with 669 (24.7 percent), Coldwell Banker with 472 (17.5 percent), Century 21 with 207 (7.7 percent), Baird & Warner with 175 (6.5 percent) and Prudential with 165 (6.1 percent). Data maintained by MRED may not reflect all real estate activity in a specific market area.
In the Northwest Suburbs, no one helped more buyers purchase homes than RE/MAX. During the first half of 2009, RE/MAX agents represented buyers who purchased 22.4 percent of all listed homes sold. Following RE/MAX in that category were Coldwell Banker (11.2 percent), Century 21 (9 percent), Baird & Warner (6.7 percent), Prudential (6.4 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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