Summer housing market speeds up in June as prices rise and inventory thins

The Illinois housing market remained in high gear in June with motivated buyers moving quickly amid ongoing tight inventory. The competitive market pushed home sales and median prices higher and homes sold twice as fast as the previous year, according to data from Illinois REALTORS®.

By |2021-07-22T14:25:14+00:00July 22nd, 2021|Market Stats|Comments Off on Summer housing market speeds up in June as prices rise and inventory thins

Illinois home sales jump 35.3 percent in April, statewide median price up 14.5 percent

This year’s red-hot housing market continued in April with statewide [...]

By |2021-05-22T02:47:45+00:00May 21st, 2021|Market Stats|Comments Off on Illinois home sales jump 35.3 percent in April, statewide median price up 14.5 percent

Illinois kicks off a new housing year with strong January gains in home sales and prices

The Illinois housing market continued to heat up in January [...]

By |2021-02-19T15:40:08+00:00February 19th, 2021|Market Stats|Comments Off on Illinois kicks off a new housing year with strong January gains in home sales and prices

Illinois housing market ends 2020 strong with December and year-end jumps in sales, prices

The Illinois housing market defied seasonal expectations with statewide home [...]

By |2021-01-22T16:01:13+00:00January 22nd, 2021|Market Stats|Comments Off on Illinois housing market ends 2020 strong with December and year-end jumps in sales, prices

Strong homebuyer demand pushes home sales and prices to double-digit gains in November

Holiday cheer began to spread throughout the statewide housing market [...]

By |2020-12-22T15:05:29+00:00December 22nd, 2020|Market Stats|Comments Off on Strong homebuyer demand pushes home sales and prices to double-digit gains in November