Redfin rolls out first Chicago Insider Report

“There is no buyer urgency in this market. It’s all about the ‘deal.’ Buyers who don’t get their desired price move on to sellers who are more willing to negotiate.”

That’s Redfin agent Patrick Lusk’s take on the west suburban market in Redfin’s new Chicago-area Insider Report, published today. The report has a mix of market data and Realtor observations, as well as a link to a spreadsheet breaking down sales figures and comparisons for 14 counties, 136 neighborhoods, 240 cities and villages, and 295 ZIP codes.

One section of the report tracks the change in the number of homes sold between September and October 2010, and between October ’09 and ’10. The changes by county, adjusted for number of weekdays, are:

  • Cook: Down 15.5% from September 2010; down 34.6% from October 2009.
  • DuPage: Down 2.5% from September 2010; down 26.8% from October 2009.
  • Kane: Down 14% from September 2010; down 23.4% from October 2009.
  • Lake: Down 18.5% from September 2010; down 26.4% from October 2009.
  • McHenry: Up 9.8% from September 2010; down 31.7% from October 2009.
  • Will: Down 42.1% from September 2010; down 55.8% from October 2009.
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