LISLE, ILL., Oct. 31, 2013 (GLOBE NEWSWIRE) -- Midwest Real Estate Data (MRED), Chicagoland's multiple listing service (MLS), reported today that its analysis of recent transaction data for 2013 uncovered some notable metrics. While it is no secret that this year has produced a remarkable volume of real estate business, there were significant productivity shifts for offices, brokers and agents in MRED's marketplace.
The third quarter numbers included:
Comparing the 2013 year-to-date figures to the same period a year ago shows that:
"This September's slowdown was typical for this time of year, even though it was the best September since 2006," said MRED CEO Russ Bergeron. "The big difference is that more people are becoming actively engaged. What may seem like a major slowdown is actually a flattening of the curve. We have more agents in the marketplace with a higher percentage of them completing transactions. It only seems like there's less candy in each bag this Halloween."
About MRED
Midwest Real Estate Data (MRED) is the real estate data aggregator and distributor providing the Chicagoland multiple listing service (MLS) to nearly 40,000 brokers and appraisers and 8,000 offices. MRED serves Chicago and the surrounding "collar" counties and provides property information encompassing northern Illinois, southern Wisconsin and northwest Indiana. MRED delivers over twenty products and services to its customers, complementing connectMLS™, the top-rated MLS system in the country per the latest WAV Group MLS Technology Survey. MRED is the 2013 Inman News Most Innovative MLS/Real Estate Trade Association. For more information please visit MREDLLC.com.