Home Marketing & Statistics
The start of a new year brought renewed interest from homebuyers who drove home sales and the statewide median price higher in January, according to Illinois REALTO
REALTOR® Sue Miller, ABR, BPOR, CRS, GRI, ePro, PMN, SFR, SRS, of McHenry, has been named the 2017 Illinois REALTOR® of the Year by the Illinois REALTORS®. She is the managing broker of Coldwell Banker Honig-Bell in McHenry
Despite a dip in home sales in December, both sales and median prices finished in positive territory in 2016, closing out a year marked by tight housing inventories and continued strong consumer demand, according to Illinois REALTORS
Illinois homes sales regained momentum in November with double-digit increases in annual home sales and continued strong gains in median prices, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in November 2016 totaled 11,341 homes sold, up 14.8 percent from 9,881 in November 2015
Congresswoman Robin Kelly (D-IL) and Members of the House Energy and Commerce Committee and Congressional Black Caucus today voiced their objections to Facebook’s “Ethnic Affinity” advertising option that allows housing advertisers to exclude certain ethnic groups in marketing and promotion, in a letter to company CEO Mark Zuckerberg
September brought continued annual gains in Illinois median home prices, while statewide sales declined slightly, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in September 2016 totaled 13,940 homes sold, down 0.6 percent from 14,029 in September 2015
The Illinois housing market got a healthy bounce in August, with gains in both home sales and median prices, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in August 2016 totaled 16,455 homes sold, up 6.7 percent from 15,415 in August 2015.
A slightly lower inventory of houses on the market has helped sellers see prices rise in many North Shore and Barrington-area communities. Homes are selling faster now than in the last few years and buyers are finding they need to move fast to get the home they want.
Homes sold faster and prices were stronger in July, but lower inventory continues to act as a drag on the market, according to Illinois REALTORS®.
The year’s housing market momentum continues with Illinois home sales and prices posting robust gains in May, according to the Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in May 2016 totaled 16,150 homes sold, up 6.0 percent from 15,237 in May 2015
The spring market is in swing with steady gains in March median prices and modest growth in statewide home sales even as the housing supply is low for the season, according to the Illinois REALTORS
Positive housing market momentum carried into February with home sales and median prices experiencing solid year-over-year gains, even amid lower inventory levels, according to the Illinois Association of REALTORS
The Illinois Association of REALTORS® will send a delegation of members to an international real estate conference in March as part of an ongoing effort to promote cross-border investment in the state.
“Low interest rates and improved employment made for a good year for the local residential real estate market,” said Keith Hancock, president of the North Shore-Barrington Association of Realtors® (NSBAR). “Median home prices were up more than 2 percent for the year compared to 2014, and the number of closed sales year-over-year increased nearly 4 percent.”
The Illinois statewide median price experienced a 6.3 percent annual gain in October. Sales declined slightly as available housing inventory tightened, according to the Illinois Association of REALTORS