Lake County
To get us started: The number of days on the market for homes that sold in September in Lake County was up 67% over the number of days on the market for last September. Wow! No detailed interpretation is needed here; this is bad.
The number of homes sold was down 38% compared to September of last year. These kinds of steep declines have been the norm for this year (cf. Local Market Statistics & Analysis).
Cook County
The number of homes sold in Cook County in September was down 35% over September of last year. Again, this data is consistent with data from previous months in the year.
The average days on the market for homes that sold was up 41%. Interpretation: bad.
McHenry County
The number of sold homes was down 38% compared to last year. And, average days on market for sold homes was up 37%.
Price data for September and, actually, for the third quarter should be out any day now. I will post the info. as soon as it is available. For stats and facts guys and gals like myself, check out Trulia’s “Stats and Trends” pages. One of the most helpful features, particularly if you’re shopping for new construction, is the price per square foot information. Check it.
