2008/11/Recent Home Sales Data October 2008

According to the Illinois Association of Realtors home sales in thenine-county Chicago area was down an avg. of 17.7% in October. Themedian price for a home in the Chicago area was $225,000 vs. $250,000a year earlier.

In the city of Chicago home sales were 1,535 compared to 1,959 for thesame period a year ago equaling a 21.6% decrease and the median homeprice fell to $260,000 from $285,900 a year earlier.

The nine-county area consists of the following counties: Cook, DeKalb,DuPage, Grundy, Kane, Kendall, Lake, McHenry and Will.

Scott Epstein
Broker/Owner
IllinoisRealEstate.com
Realty Resources LLC
118 S. Main St., Suite 19
Wauconda, IL 60084
Office: (847) 829-0130
Direct: (312) 622-6313
Fax: (312) 253-2049
www.illinoisrealestate.com