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Kane County Home Sales Reach Six-Year High, RE/MAX Reports
But the bad news is that distressed homes are accounting for 40 percent of sales.
September traditionally marks the beginning of the fall season when home sales begin their retreat from summer highs. This September, however, delivered the most promising results that Kane County and the entire the seven-county metropolitan Chicago real estate market have seen in several years, according to an analysis by RE/MAX. Sales of detached and attached homes in September totaled 7,396 units, an increase of 22 percent from September 2011 and the most homes sold in any September since 2006. The average number of days that homes sold in September were on the market before a sales contract was signed declined from 167 days a year ago to 139 days this September. That 139-day average was identical to the market time recorded in …
