Price Cuts High Point in Cook County Real Estate Market

An 11-week downturn in sales was extended when the Cook County market saw 5,325 more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since last October at 8,456. When comparing other close-by counties within the same period, the most came from DuPage County with 1,829 price reductions. The median sales price in Cook County rose to $222,500 while months of inventory was flat at four.

With sizeable price reductions to these listings in Cook County, now is a prime opportunity to see them:

$13M   $10.5M   $4.5M  

Get started right now by checking out Cook County homes for sale or reviewing Cook County real estate trends.

Demographic facts about Cook County:

  • The average age of houses in this area is 52 years old.
  • The average snowfall is 28.8 inches per year. (U.S. average: 25)
  • The job growth rating in this area is 45. (Scale: 1 = Worst, 100 = Best)
  • This area has an average school expenditure per student of $5,714. ($5,691 = national average)

Data reported through 10/12/2016


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john greene Realtor
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RE/MAX Suburban
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