Illinois Home Sales Increase 15.7% in April

Illinois home sales in April increased 15.7% from year-ago levels while median prices held steady for the second month in a row, the Illinois Association of Realtors said Tuesday.

Illinois home sales in April hit 9,961 completed closings, up 15.7% from 8,606 a year earlier, making it the state's best sales performance in two years.

The median price for a home statewide hit $135,000, which is in line with year ago levels. However, compared to March, the median price is up by $5,000 from $130,000 a month earlier.

Source: Housing Wire