IAR Fast Stats presented by the Illinois Association of REALTORS

Snapshot: Illinois Home Sales

Illinois home sales, prices make a late-summer surge in August inventory

Housing at a Glance July 2016


(Sept., 22, 2016) - The Illinois housing market got a healthy bounce in August, with gains in both home sales and median prices, according to Illinois REALTORS®. Read the news release.

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

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


Sales -+6.7%
Click here for report | 
(En Español)


Housing Price Forecast

“Sales recovered in August and prices continue to show positive annual gains,” said Geoffrey J.D. Hewings, director of the Regional Economics Applications Laboratory at the University of Illinois. “However, month-to-month sales’ forecasts suggest a downward trend for the next three months, driven in part by low inventories, the poor job recovery in Illinois and uncertainties about the presidential election.”


Chicago PMSA
Sales +7.6%
Click here for report | 
(En Español)

City of Chicago
Sales +2.6%
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(En Español)

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



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