IAR Fast Stats presented by the Illinois Association of REALTORS

Snapshot: Illinois Home Sales

May brings strong growth to Illinois home sales and prices 

Housing at a Glance May 2016


(June 22, 2016) - The year’s housing market momentum continues with Illinois home sales and prices posting robust gains in May, according to the Illinois REALTORS®. Read the news release.

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

Infographic: May Housing Market Snapshot
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Infographic: 2015 Illinois Housing Market
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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 +6.0%
Click here for report | 
(En Español)


Housing Price Forecast

“Median prices continue to grow, in Chicago, much of the growth was generated by much more rapid increases in the prices of foreclosed properties rather than regular sale prices,” said Geoffrey J.D. Hewings, director of the Regional Economics Applications Laboratory at the University of Illinois. “Given the uncertainty in the state’s economy and the pending national elections, the housing market continues to grow in terms of sales and prices and the short-term (three months ahead) forecasts remain positive.”

Chicago PMSA
Sales +7.5%
Click here for report 
(En Español)

City of Chicago
Sales +5.0%
Click here for report | 
(En Español)

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



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