SPRINGFIELD, IL – June 22, 2010 – (RealEstateRama) — Illinois home sales activity in May increased for the ninth consecutive month and it was the third month of positive year-over-year price movement in 2010. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in May 2010 were up 27.1 percent, totaling 11,638 homes sold compared to May 2009 sales of 9,159 homes. The median price in May 2010 was $157,000, up 0.6 percent from $156,000 in May 2009. The median is a typical market price where half the homes sold for more, half sold for less.
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