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Brisk Homes Sales Continue in Illinois

CHICAGO—The brisk selling seen this past summer in many parts of the state has continued in the fall.

By Brian J. Rogal | Updated on October 21, 2013

CHICAGO—The predictions that Illinois home sales would continue at a healthy clip through the fall seem to be coming true. According to statistics just published by the Illinois Association of REALTORS®, a total of 13,018 homes were sold in September, an increase of 19.8% over September 2012. Furthermore, the median price for homes was $157,000, up 12.9% from the previous year. According to a statement from the association, “it was the strongest September in terms of sales since 2006, when 13,594 homes sold statewide.”

In addition, the data show that owners were able to sell their homes in an average of only 61 days, down 26.5% from the 83 days it took last September.

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