How to Better Understand the Housing Market | WBBM Real Estate Feature | Chicago Association of REALTORS®

Each month, we release a series of PSAs through WBBM Radio to help home buyers and sellers make informed real estate decisions. Each feature includes specialty advice from real estate experts, voiced by past president Matt Silver, Urban Real Estate. We encourage you to share these with your clients!

How to Better Understand the Housing Market

A key factor that can help you make informed home buying and selling decisions is understanding the market. Determining the difference between average listing price, median sales price and average sales price can be confusing. Your REALTOR® has access to all the data and neighborhood information you might need to know, and they can break it down for you! Having this knowledge will help you make sound buying and selling decisions.