Chicago home sales

February Sales Down but Weather and Inventory Can't Drag Prices Down

The Illinois Association of Realtors just released their numbers from February. Weather and low inventories continued to provide hardships for both buyers and sellers, and pushed overall sales down 6.2 percent from the previous year, but sales prices increased by 6.9 percent statewide. Increasing home prices should prove attractive to homeowners who may have hesitated …

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Chicago Homes Sales, Prices Continue Gains in June

The Chicago-area’s housing market continued its recovery last month, as a steep drop in inventory continued to push June prices up to levels not seen in at least three years. Sales of existing single-family homes and condominiums in the nine-county Chicago area last month totaled 11,103 properties sold, at a median price of $206,000, the …

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Chicago and Illinois Home Sales Rising

According to the Illinois Association of REALTORS®, Illinois home sales rose by 24.4 percent year-over-year in May and median home prices increased 6.9 percent. Statewide home sales, including both single-family homes and condominiums, totaled 15,091 homes sold in May 2013, up from 12,130 in May 2012. This marks the strongest May since 2006, when 17,622 …

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