Morning Minute: Illinois home sales climb in April; prices stabilize

April Illinois home sales were the strongest in two years and statewide median prices remained steady at $135,000 for the second straight month, according to April data released by the Illinois Association of REALTORS® today. Statewide April home sales (including single family homes and condominiums) totaled 9,961 homes sold, a 15.7 percent over last year.

“The fact that median prices remain steady and sales continue to outpace previous-year levels is a positive sign for the housing market,” said Loretta Alonzo, CRB, GRI, president of the Illinois Association of REALTORS® and Broker/Owner of Century 21 Alonzo & Associates in La Grange Park. “Despite the month-to-month increases in median prices, it’s clear that there still are very attractive deals out there.”

The April housing report garnered media coverage. Here are some of today’s early headlines:

This entry was posted in Consumer Information, Housing Market, Uncategorized by Stephanie Sievers. Bookmark the permalink.

About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>