Realty Executives Midwest

Mark Sotir

Mark Sotir

Broker

Realty Executives Midwest

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A look at the Real Estate Market in the Chicagoland Area

(Published on - 9/9/2020 4:49:07 PM)

  Contracts see a second week of decrease but it still outpacing 2019.

The market seems to cool in the last 2 weeks as the Fall Market approaches. Open Houses saw a 31% decrease from the last 2 weeks. Listings that went under contract fell for the second consecutive week. Though there is a cool down in the Chicagoland Real Estate Market it still saw a increase in key areas, including that the largest annual increase of 2020 is in closed Listings, a 71% increase compared to the same period from 2019. Click Here to get more Information on market conditions

 

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