Illinois Housing Market Statistics

IAR Fast Stats presented by the Illinois Association of REALTORS

Snapshot: Illinois Home Sales

August brings higher Illinois home prices, lower sales amid tight inventory  


Housing Market Outlook 2016-17 Video

 

 

(Sept. 20, 2017) - The summer’s competitive housing market extended through August with lower seasonal inventory driving home prices higher, but tempering total home sales, according to Illinois REALTORS®. Read the news release.

Infographic: 2017 Market Forecast
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Infographic: August Housing Market Snapshot
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Download a copy of the 2016 Illinois Housing Report.

 
Infographic: Year-End 2016
 

Watch the Latest Housing Video

 

Statewide
Sales -3.4%
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(En Español)

 

Housing Price Forecast

“The uncertainty in the Illinois economy over the last two years has contributed to a dampening of housing demand in contrast to the generally positive outlook in the rest of the country,” said Geoffrey J.D. Hewings, Director of the Regional Economics Applications Laboratory at the University of Illinois.  “At the same time, declines in inventory are still exerting upward pressure on housing prices and thus reducing affordability.”

 

Chicago PMSA
Sales -3.9%
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(En Español)

City of Chicago
Sales -4.5%
Click here for report | 
(En Español)

 


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