Market Summary Illinois

Illinois South Suburbs
What's Happening in the local Real estate market?
2010 has not produced the busy real estate market we were expecting.
Sales were up from 2009, but below expectations.
The 1st time home buyer & existing homeowner tax rebates end April 30th.
It will be interesting to see what effect this has on sales.

Sold & Closed Detached Properties
Town--------- 2009 - 2010 (Jan 1-April 8th)

Lansing ----------- 34 - 46
South Holland--- 47 - 58
Calumet City------72 - 73
Lynwood----------- 4 - 14
Crete--------------- 31 - 25
Thornton------------ 6 - 4
Beecher-------------- 9 - 9

Sales are up approx 12% in these south suburb towns.
The number of foreclosures remains extremely high.

Sold & Closed Attached Properties (Condos, Townhomes, etc)
Town--------- 2009 - 2010 (Jan 1-April 8th)

Lansing----------- 3 - 10
South Holland--- 0 - 0
Calumet City----- 4 - 7
Lynwood---------- 1 - 2
Crete--------------- 1 - 1
Thornton--------- 0 - 0
Beecher----------- 2 - 2

Most sales here are foreclosures.
If we missed your Town, send us an Email and we will quickly send it to you.