Illinois Housing Market Statistics

IAR Fast Stats presented by the Illinois Association of REALTORS

Snapshot: Illinois Home Sales

 

Illinois home sales and median prices surge higher in July

Infographic: Home Sales and Prices Heat Up in June

 

(August 20, 2015) - The strong summer housing market continued in July as home sales and median prices posted robust gains while the time it took to sell a home declined, according to the Illinois Association of REALTORS®. Read the news release.

NEW: REAL study on the hidden cost of foreclosures in Chicago neighborhoods

Infographic: July Housing Market Snapshot
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Infographic: Home Sales and Prices Heat Up in June
Download PDF | JPG

Infographic: Illinois Home Prices & Sales Up in April
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Infographic: Illinois Home Prices Head Higher in February 2015
Download PDF | JPG | En Español

Infographic: Road to Recovery: Housing Shows Strength in 2014
Download PDF | JPG | En Español

 

Statewide
Sales +8.0%
Click here for report 
(En Español)

 

Housing Price Forecast

“Sales growth, on a yearly basis, returned to more modest rates last month after the rapid monthly change the previous month,” said Geoffrey J.D. Hewings, Director of the Regional Economics Applications Laboratory (REAL) at the University of Illinois. “Prices in Illinois are forecast to grow more strongly than in Chicago, although the gap is narrowed when using the new REAL Housing Price Index that captures house characteristics. Foreclosures continue to play a smaller role in the housing market and while the foreclosure inventory is relatively unchanged, sales prices for foreclosed properties continue to increase."

Chicago PMSA
Sales +9.6%
Click here for report |
(En Español)

City of Chicago
Sales +9.7%
Click here for report |
(En Español)


Contact: Jon Broadbooks, Director of Communications
217-529-2600 phone | jbroadbooks@iar.org