Home Marketing & Statistics
Sales across the United States are pointing to a national trend in real estate: a shift to a predominantly seller’s market. Nearly two years into a market where the number of houses for sale has steadily dropped and the median sales price has increased, shortages in new construction continue.
Illinois homes sold faster and for more money in July, but lower housing inventory drove year-over-year sales lower, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in July 2017 totaled 15,677 homes sold, down 4.3 percent from 16,375 in July 2016.
As the second quarter of 2017 ends, the North Shore-Barrington housing market shows an increase in new listings, median and average sales prices. Housing data for June also shows continued growth for closed sales and houses under contract, according to the North Shore-Barrington Association of REALTORS® (NSBAR).
The Illinois housing market had a strong showing in March with home sales climbing 9.6 percent over previous-year levels and the statewide median price surging 10.7 percent higher,according to Illinois REALTORS
Early predictions of a healthy market performance for the first quarter have held true for the North Shore-Barrington housing market. Housing data for March shows the number of new listings and closed sales rose from the same period in 2016, while houses under contact rose substantially, according to the North Shore-Barrington Association of REALTORS® (NSBAR).
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