Illinois Housing Market Statistics

IAR Fast Stats presented by the Illinois Association of REALTORS

Snapshot: Illinois Home Sales

Illinois home prices show solid gains in October; Sales decline 

Housing at a Glance October 2016

 

(Nov. 22, 2016) - A drop in the number of homes on the market and a typical seasonal slowdown helped drive Illinois home sales lower in October even as median home prices continued to post solid annual gains, according to Illinois REALTORS®.  Read the news release.

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

Infographic: October Housing Market Snapshot
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Infographic: Solid Market Performance in First Half of 2016
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Infographic: Home Sales and Prices Heat Up in June
Download PDF | JPG

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

 

Statewide
Sales -5.4%
Click here for report | 
(En Español)

 

Housing Price Forecast

“No doubt that the election contributed to a decline in sales, but prices continue to grow,” said Geoffrey J.D. Hewings, director of the Regional Economics Applications Laboratory at the University of Illinois. “For the next three months, price growth is anticipated to be a little stronger.  Declining supply contributes some uncertainty to sales growth.”

 

Chicago PMSA
Sales -6.3%
Click here for report | 
(En Español)

City of Chicago
Sales -8.8%
Click here for report | 
(En Español)


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