Sales and Prices Up in illinois Real Estate Market in September

Sales and Prices Up in illinois Real Estate Market in SeptemberHome sales increased 15.9 percent over previous-year levels in September, extending a run of more than a year of sales gains, according to the Illinois Association of Realtors (IAR).

The strong sales report was coupled with data showing the median price of a home in the state rose 2.2 percent.

Statewide home sales (including single-family homes and condominiums) in September 2012 totaled 10,689 homes sold, up from 9,220 in September 2011. IAR has seen year-over-year sales increases since July 2011.

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