Friday, December 5, 2008

Charts Showing Market Trends in Cook County 2005 to 11/2008

Click on each chart to show a larger, easier to read view

This chart shows the change (in percent) in sales from the same period in the previous year, starting, on the left, 2005 to 2006. As you can see, it keeps staying negative. Seems like we had a "pop" in sales in Sept/October this year. People probably thought they are getting a great deal and they started buying again. However, the trend continued soft in November.

This chart represents the change in the number of sales from the same period in the previous year. As you can see from the chart, each month of each year the change in the number of sales has been negative, except for one month where the sales increased 2%. You will not see any increase in pricing until you have successive months of positive numbers.

This chart was just updated to include November 2008 Sales. You can see that it keeps getting worse. Each line represents a month. Each point on the line represents a year. So, taking the top line, it is June, showing the number of sales each year for 2005 through 2008. Each line is continuing to go down.

OK, last chart

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