Illinois Home Sales Up 14.2 Percent in November

SPRINGFIELD, IL – December 21, 2011 – (RealEstateRama) — According to the Illinois Association of REALTORS® (IAR) latest report, statewide home sales (including single family and condominiums) in November 2011 totaled 7,954 homes sold, up 14.2 percent from 6,966 home sales in November 2010. The statewide median price in November was $128,500, down 11.4 percent from $145,000 in November 2010. The median is a typical market price where half the homes sold for more, half sold for less.


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