Illinois Home Sales Off 19.1 Percent in December; Head of Realtor Association Calls Market ‘Strong’ HW+Jan 25, 2007
The Illinois Association of Realtors released statewide sales numbers for December and for the full year on Thursday morning. A total of 167,860 home sales were reported in 2006, according to the Association, down 8.9 percent from 184,199 total sales during 2005. The year-end Illinois median sale price was $203,900 in 2006, up just 1.5 percent from $200,900 at the end of 2005. For the month of December 2006, total home sales were down 19.1 percent to 10,811 homes sold, compared to 13,361 sales in December 2005.