Home Sales Up in State, Sales Vary in Local Counties
"To have this extended run of year-over-year sales gains shows that the housing market in Illinois is indeed recovering," said Michael D. Oldenettel, president of the Illinois Association of Realtors. "Enthusiasm on the part of buyers shows no signs of flagging, and that drive to own a home is helping the state out of one of the worst economic downturns in recent memory."
Despite the good news statewide, local housing sales varied from county to county, with sales in Marion county falling 38.7%, sales in Fayette County falling 40%, sales in Washington county falling 20%, with sales in Clinton county rising 47.1% and Jefferson County rising 37%. Sales in Clay and Wayne counties were unchanged from the previous June.
Median Housing Prices in the state are up 9.7% over last June at $170,000, the highest level since June 2010.
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