COOK COUNTY SALES STATISTICS

The information below comes from the MLS and Relaist’s data.

Sales Statistics for Cook County IL

Property Type Month/Year Total Sales Median Price
SF Sept 2010 1,428 185,000
SF Sept 2009 1,968 210,000
SF 2010 YTD 16,158 193,000
SF 2009 Total 19,405 205,000
Condo Sept 2010 801 175,000
Condo Sept 2009 1,339 220,000
Condo 2010 YTD 9,515 198,000
Condo 2009 Total 12,949 220,000

Summary:

There are currently 3,243 fewer homes sold inĀ 2010 when compared to 2009. This represents a decline in total homes sold by 17%. The Median Price of a home in 2009 was $205,000 and in 2010 it is $193,000. This Median Sale price reflects a decline in home values of 6%.

There are currently 3,433 fewer condo sales sold in 2010 when compared to 2009. This represents a total decline in total condo sales of 27%. The Median Price of a condo in 2009 was $220,000 and in 2010 it is $198,000. This Median Sale price reflects a decline in condo values of 10%.

It is interesting to note that Median Sale price of Condos is higher than Single Family Homes.

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