Illinois Second Quarter Home Sales Gain 27.7 Percent Statewide Median Price Stable at $160,000

SPRINGFIELD, IL – August 11, 2010 – (RealEstateRama) — Second quarter Illinois home sales figures reflect the continued positive impact of the tax credit and strong buyer market conditions while the statewide median price showed stability over the entire second quarter. According to the Illinois Association of REALTORS® (IAR) second quarter 2010 report, Illinois home sales (which include single-family homes and condominiums) totaled 35,628 in the second quarter, up 27.7 percent from 27,890 home sales in the same period a year ago. The last quarter when sales totals were higher than second quarter 2010 was third quarter 2007 when home sales reached 39,904


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