Market Stats

/Market Stats
Market Stats 2018-01-10T11:37:05+00:00

Illinois REALTORS® issues monthly housing market statistics reflecting median price and number of homes sold by Illinois, Chicagoland PMSA and county data.

Existing Home Sales

Illinois home prices increase in November; Sales hold steady

Illinois home sales remained largely flat while the statewide median price shifted slightly higher in November as the market moved into the traditionally slower holiday season, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in November [...]

Illinois home sales inched slightly higher in October

Statewide home sales shifted back into positive territory in October following several months of declines and median prices continued to make year-over-year gains, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in October 2017 totaled 12,796 [...]

Monthly Housing Market Reports

Dr. Geoffrey J.D. Hewings,

Director of the
Regional Economics
Applications Laboratory
at the University of Illinois

Illinois Housing Market Forecasts

November 2017
3Q 2017
2018 Forecast

Illinois REALTORS® partners with the Regional Economics Applications Laboratory (REAL) at the University of Illinois to provide a housing forecasting model based on Multiple Listing Service sales reported by participating local boards and associations. The REAL forecast links economic indicators with real estate trends and indicators for the state of Illinois as a whole and the Chicago PMSA and offers monthly, quarterly and annual outlooks.