IAR Fast Stats presented by the Illinois Association of REALTORS

Snapshot: Illinois Home Sales

Illinois home sales dip in December, but 2016 housing market ends on a high note


Housing Market Outlook 2016-17 Video

Housing at a Glance November 2016

 

(Jan. 24, 2017) - Despite a dip in home sales in December, both sales and median prices finished in positive territory in 2016, closing out a year marked by tight housing inventories and continued strong consumer demand, according to Illinois REALTORS®. Read the news release.

Download a copy of the 2016 Illinois Housing Report.

 
Infographic: Year-End 2016

Infographic: 2017 Market Forecast
Download PDF | Download JPG

Infographic: December Housing Market Snapshot
Download JPG

Infographic: Solid Market Performance in First Half of 2016
Download JPG

 

Statewide
Sales -2.8%
Click here for report | 
(En Español)

 

Housing Price Forecast

“Consumers appear to be waiting to see what the new President and Congress plan for the economy,” said Geoffrey J.D. Hewings, director of the Regional Economics Applications Laboratory at the University of Illinois. “As a result, it may be several months before there is an appreciable impact on the housing market. Prices and sales are expected to continue experiencing modest gains over the first quarter.” 

 

Chicago PMSA
Sales -3.6%
Click here for report | 
(En Español)

City of Chicago
Sales -7.0%
Click here for report | 
(En Español)

 


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


 

 

Full/Mobile Switcher