SPRINGFIELD, Ill. – October 22, 2015 – (RealEstateRama) — Positive housing market momentum carried into September with home sales and median prices experiencing healthy year-over-year gains as Illinois headed into the fall market, according to the Illinois Association of REALTORS
The time it took to sell a home in September averaged 64 days statewide, down from 69 days a year ago. Available housing inventory remained tight with 70,547 homes for sale, a 10 percent decline from September 2014 when there were 78,373 homes.
In the nine-county Chicago Primary Metropolitan Statistical Area, home sales (single family and condominiums) in September 2015 totaled 9,753, an increase of 5.3 percent from the 9,261 sales in September 2014.
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