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April 25, 2008

Chicago, IL Area Housing Market Recap for March 2008

Here are the latest top-level summary of market conditions for Single Family Residences (SFR) and Condo sales only in these areas within the greater Chicago, IL area served by ZipRealty:

Average Sales Price Feb-08 Mar-08 Change
or ⇓
Chicago $404,206 $381,686
Des Plaines $251,700 $209,641
Evanston $441,658 $406,489
Palatine $324,222 $288,060
Schaumburg $224,035 $237,370
Naperville $428,408 $346,944
Elgin $199,648 $218,758
Mchenry $177,268 $206,123


# Transactions Feb-08 Mar-08 Change
or ⇓
Chicago 1,357 2,203
Des Plaines 29 41
Evanston 31 54
Palatine 38 60
Schaumburg 53 60
Naperville 60 71
Elgin 50 46
McHenry 26 36

Talk with a local Chicago Real Estate Agent. Search for featured homes and condos in the greater Chicagoland area.  Read a detailed community overviews covering the Chicago, IL area. All numbers are from the MLS and are deemed reliable but not guaranteed as of 4/23/2008.

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