Oct
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Home Sales Increase in DeKalb County

October 01, 2012

dekalb county home salesEarlier in September, we reported that more Chicago area homes were sold in August than in any other month over the past five years. To follow up on the good news for real estate in Chicago, it turns out that DeKalb county had one of the largest percentage increase of home sales in the entire state of Illinois.

Home sales in DeKalb county increased 44.3 percent from August 2011. During the first eight months of 2012 home sales in DeKalb were 38 percent higher than home sales in the early months of 2011.

According to the Illinois Association of Realtors, some of the increase in sales is due to a high number of bank-owned properties on the market. Lower prices have also made it easier for many first-time homebuyers to obtain property.

While DeKalb county saw the largest increase, home sales have also risen in McHenry County and Cook County. Home sales rose 30 percent in Cook County and 31 percent in McHenry County during the month of August.

How did other Chicago metro counties fare? Other than Kendall County, which saw only a 6 percent increase, many other Chicago metro counties saw double-digit increases. Kane County sales increased by 25 percent and Will County sales increased by 27 percent.

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Jessica Thom

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