MRED Blog

REinventing MLS . . .

July Housing Report from Illinois REALTORS®

Illinois REALTORS® has released the statewide July 2017 housing report.

“It continues to be a strong summer for sellers. Homes are selling at a record pace, averaging just 47 days on the market statewide—with the median price up 5.8%. Low housing inventory drove up buyer competition and prices—in July, there was a 12.6% decrease in homes for sale year-over-year statewide.”

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July Talking Points »

August Forecast »

Local Market Update »

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