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Market Data

Kane County Housing Market Statistics

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MRED Weekly Market Snapshot

September 22, 2020

Closed listings spike as new listings, listings under contract rebound

Closed residential listings in MRED’s network jumped 55% compared to last week’s numbers. The 3,444 closed properties during the week of Sept. 14 also represented a 27% year-over-year increase.

This spike occurred in the same period that saw listings under contract and new residential listings show week-over-week increases for the first time in a month. Both these metrics also topped their 2019 counterparts while the nearly 4,000 open houses during the past week were the most in the last three months.

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