CHICAGO—Statewide home sales last month declined from the number sold in August, but the pace was still ahead of the previous September, according to the Illinois Association of REALTORS®.
Total sales, including condos, in September 2015 totaled 13,794, up 5.6% from September 2014 when 13,058 homes sold. And the statewide median price in September 2015 rose to $172,000, a 6.2% gain over last September.
“The fall housing market has shown little sign that there's any significant weakening in demand,” says Mike Drews, president of the state association and broker-associate with Charles B. Doss & Co. in Aurora. “While we always see a seasonal slowdown this year, this month's numbers were quite strong, and indeed were the best sales numbers for September in a decade.”
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
