Crain’s Reports Chicagoland Home Sales Plunge 34% in January
The Illinois Association of Realtors released the January sales figures for the Chicagoland area (which includes nine counties). From Crain’s:
In the nine-county Chicago Primary Metropolitan Statistical Area, home and condominium sales in January totaled 3,926, compared with 5,947 in January 2007, the association said Monday in a news release.
The median home sale price in the Chicago area was $239,700 in January, down 2.2% from January 2007.
The IAR attributed the drop to “extreme winter weather.”
Where can I find stats for what’s actually going in the City of Chicago in terms of prices and sales. No offense to the outlying suburbs/counties, but I don’t see how you can combine the markets from McHenry County and Lake County in with whats’s going on in Cook County or even more specifically Downtown.