Illinois 3Q11 Home Sales Up 19.9 Percent from a Year Ago

SPRINGFIELD, IL According to the Illinois Association of REALTORS® (IAR) third quarter 2011 report, Illinois home sales (which include single-family homes and condominiums) totaled 29,644 in the third quarter, up 19.9 percent from 24,719 home sales in the same period a year ago. The third quarter statewide median home sale price was $145,500, down 4.9 percent from $153,000 in the third quarter of 2010. The median is a typical market price where half the homes sold for more, half sold for less.


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