Across the board in all six Chicagoland counties, according to LeapRE, March has the highest number of price reductions. April has the second-highest, January has the third-highest and February, the fourth-highest.
Overall, it seems that Chicagoland agents go for competitive pricing to start out the year, keep their listings at the same price for February, and then make price reductions to catch the spring market in March and April.
Leap Real Estate Systems is the leading provider of online solutions for Chicagoland’s progressive agents. With over 20 years of software development experience and a keen understanding of the real estate industry through analytics, our mission is to create innovative products that improve seller communication and encourage data-driven decision making. For more information on our company and services, visit www.LeapRE.com.