IAR Market Stats

Illinois Association of REALTORS
Existing Condominium Sales in Illinois

Local Association Markets

2003

2004

2003 to 2004

4Q 2003

4Q 2004

4Q 03 to 4Q 04

Aurora

1,347

1,650

22.5%

311

377

21.2%

Barrington

120

133

10.8%

35

23

-34.3%

Belleville

379

310

-18.2%

128

34

-73.4%

Bloomington-Normal

515

419

-18.6%

114

83

-27.2%

Capital Area (Springfield)

191

132

-30.9%

44

30

-31.8%

Champaign County

342

355

3.8%

65

79

21.5%

Chicago

19,086

21,209

11.1%

4,662

4,978

6.8%

DeKalb

168

282

67.9%

46

90

95.7%

Elgin

1,720

1,816

5.6%

373

406

8.8%

Fox Valley

477

529

10.9%

113

131

15.9%

Freeport-Galena

132

136

3.0%

37

37

0.0%

Greater Gateway

320

337

5.3%

48

20

-58.3%

Lake County

2,023

2,228

10.1%

449

546

21.6%

McHenry County

1,135

1,117

-1.6%

252

253

0.4%

North Shore

2,353

2,884

22.6%

567

667

17.6%

Northwest

6,281

6,334

0.8%

1,383

1,442

4.3%

Oak Park

843

918

8.9%

198

192

-3.0%

Peoria Area

274

346

26.3%

70

91

30.0%

Quad City Area

114

114

0.0%

25

29

16.0%

Rockford

451

516

14.4%

115

134

16.5%

South/Southwest

3,201

3,397

6.1%

764

836

9.4%

Three Rivers (Will-Grundy)

1,897

2,205

16.2%

467

563

20.6%

Tri County

163

223

36.8%

42

55

31.0%

West Towns

162

145

-10.5%

42

35

-16.7%

Western Suburbs

6,404

6,874

7.3%

1,471

1,612

9.6%

Statewide Totals

50,098

54,609

9.0%

11,821

12,743

7.8%

Chicago PMSA Totals

47,212

51,662

9.4%

11,129

12,116

8.9%

 

 

 

 

 

 

 

Source: Illinois Association of REALTORS®

 

 

 

 

 

Illinois Association of REALTORS
Median Price of Existing Condominiums in Illinois

Local Association Markets

2003

2004

2003 to 2004

4Q 2003

4Q 2004

4Q 03 to 4Q 04

Aurora

$149,800

$159,500

6.5%

$150,500

$161,700

7.4%

Barrington

$270,500

$265,700

-1.8%

$295,000

$331,200

12.3%

Belleville

$181,100

$181,200

0.1%

$187,300

$128,600

-31.3%

Bloomington-Normal

$123,100

$122,900

-0.2%

$122,000

$126,800

3.9%

Capital Area (Springfield)

$79,800

$93,300

16.9%

$80,000

$85,000

6.3%

Champaign

$122,400

$129,300

5.6%

$123,100

$133,700

8.6%

Chicago

$254,000

$268,700

5.8%

$264,100

$277,600

5.1%

DeKalb

$127,600

$136,100

6.7%

$131,400

$142,600

8.5%

Elgin

$158,100

$167,400

5.9%

$162,500

$169,500

4.3%

Fox Valley

$200,900

$213,100

6.1%

$211,800

$206,100

-2.7%

Freeport-Galena

$108,000

$125,600

16.3%

$131,300

$130,000

-1.0%

Greater Gateway

$162,700

$180,600

11.0%

$100,000

$122,500

22.5%

Lake County

$163,000

$169,400

3.9%

$160,800

$174,800

8.7%

McHenry County

$160,000

$164,500

2.8%

$163,500

$170,800

4.5%

North Shore

$240,400

$244,600

1.7%

$240,800

$246,600

2.4%

Northwest

$165,400

$175,600

6.2%

$167,100

$176,600

5.7%

Oak Park

$157,800

$175,400

11.2%

$161,600

$187,100

15.8%

Peoria Area

$126,300

$130,200

3.1%

$132,700

$147,500

11.2%

Quad City Area

$138,000

$107,800

-21.9%

$125,000

$110,000

-12.0%

Rockford

$106,500

$105,800

-0.7%

$106,400

$106,100

-0.3%

South/Southwest

$119,500

$131,900

10.4%

$121,300

$136,400

12.4%

Three Rivers (Will-Grundy)

$140,900

$151,500

7.5%

$141,800

$151,900

7.1%

Tri County

$130,800

$140,200

7.2%

$136,900

$143,800

5.0%

West Towns

$117,100

$127,400

8.8%

$118,000

$131,700

11.6%

Western Suburbs

$161,600

$169,900

5.1%

$162,900

$174,500

7.1%

Statewide Totals

$178,100

$190,100

6.7%

$181,400

$192,900

6.3%

Chicago PMSA Totals

$181,600

$193,900

6.8%

$185,800

$196,900

6.0%

 

 

 

 

 

 

 

 Source: Illinois Association of REALTORS®

 

 

 

 

 

The Chicagoland PMSA is defined by the OMB (Cook County, DuPage County, Grundy County, Kane County, Kendall County, Lake County, McHenry County, and Will County).