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Chicago counties flourished in spring, says Re/Max

06/29/2016

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Lake County, Illinois/Flickr user Teemu008 Spring was kind to Chicago’s housing situation, and the momentum is continuing into the second half of the year, according a recent market report from Re/Max Northern Illinois. The report shows tightening inventory in May meant homes stayed on the market for less time, and people were eager to buy them. Out of the seven counties that make up Chicagoland, Lake County posted the highest increase in home sales year-over-year in May, at 16 percent. Both Dupage and Kendall counties enjoyed 13 percent increases in home sales. Will County was the only market to post a decline, falling 2 percent. Strong May sales in McHenry County helped median sale price increase 13 percent year-over-year. Home sales also grew 8 percent. “I’m optimistic…

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