As of 12/26/2007:

Number of Active listings: 948

Average list price:            $726,302  

Average days on market: 226

The breakdown:

There are 193   3 bedroom homes on the market;  average price: $396,687.       Market time: 171 days

There are 602   4 bedroom homes on the market;   average price: $728,764.      Market time: 237 days

There are 137   5+ bedroom homes on the market; average price: $1,216,136.   Market time: 259 days

Much longer market time...almost 6 months at the lower end of the price range.

487 homes sold within the past six months. Average selling price: $497,521. 

62 homes over One Million dollars sold so far in 2007. The most expensive was closed at $3,250,000.

Stats courtesy of the Multiple Listing Service of Northern Illinois