The 4th Quarter market stats are starting to roll in for the Chicago area. Early in January I completed a Market Watch for all of my contacts which can be seen here as well as other news and information. I just received some more market information which I found to be very interesting on total number and total amount sold of condo, townhome and single family residential homes.
2005 End of Year Volume by Board
Total number of sold units in the MLSNI (Northern Illinois) 155,547 units
Total Amount: $47,171,173,465. That's a 3.73% increase from 2004 in total units sold and an increase of $6.56 billion in total value.
Here are a few of the breakdowns:
Chicago Association of Realtors
Total number of sold units 42,372 units
Total Amount: $14,344,796,523
NS Barrington
Total number of sold units 7,399 units
Total Amount: $4,370,437,876
W/S Suburban
Total number of sold units 35,332units
Total Amount: $9,632,943,927
I am going to post the breakdown chart by month on my website here for a chart of this data as well as a month by month breakdown and free dowloads of the report.
As always, I will keep you posted!
Because your agent matters
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