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Illinois housing market has strong finish

Illinois housing market has strong finish
Star Courier
SPRINGFIELD The Illinois housing market defied seasonal expectations with statewide home sales and prices higher not just in December, but for 2020 as a whole, according to data released by Illinois REALTORS®.
Statewide home sales (including single-family homes and condominiums) in December 2020 totaled 14,835 homes sold, up 28.7 percent from 11,531 in December 2019. Year-end 2020 home sales totaled 172,394, up 9.6 percent from 157,268 in 2019.
The statewide median price in December was $229,000, up 14.6 percent from $199,900 in December 2019. The median is a typical market price where half the homes sold for more and half sold for less. The year-end 2020 median price reached $225,000, up 7.7 percent from $209,000 in 2019. ....

Illinois , United-states , Springfield , Dekalb , University-of-illinois , Chicago , Nykea-pippion-mcgriff , Geoffrey-jd-hewings , Sue-miller , Home-loan-mortgage-corp , Coldwell-banker-real-estate-group-in-mchenry , Midwest-real-estate-data

Illinois homebuyers push double-digit gains

Illinois homebuyers push double-digit gains
Star Courier
SPRINGFIELD Holiday cheer began to spread throughout the statewide housing market in November as homes sales and median prices outpaced last year, continuing the positive rebound of the last half of 2020, data from Illinois REALTORS® shows.
Statewide home sales (including single-family homes and condominiums) in November totaled 14,370 homes sold, up 29.0 percent from 11,141 in November 2019.
The statewide median price in November was $230,000, up 15.0 percent from November 2019, when the median price was $200,000. The median is a typical market price where half the homes sold for more and half sold for less.
“Temperatures may be falling but the state’s housing market remained hot in November with double-digit gains in home sales and prices,” said Sue Miller, president of Illinois REALTORS® and designated managing broker of Coldwell Banker Real Estate Group in McHenry. “2020 has been a challen ....

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