News & trendsMarket conditions

Illinois home prices and sales volume up in February

by Joe Zekas on 3/27/14

RealtyTrac released its February 2014 U.S. Residential and Foreclosure Sales Reportearlier today. Here are some of the metrics for Illinois:

  • The number of homes sold in February rose 20.4% year-over-year. Illinois’ sales volume increase ranked 7th highest among the states.
  • The median sales price increased 14% year-over-year to $152,500. Illinois had the 8th highest increase in median sales price.
  • Institutional investors accounted for 5.2% of home sales in Illinois. Thirteen states, led by Georgia at 19.7%, had higher percentages.
  • Short sales were 9.8% of February home sales in Illinois, ranking it third in the nation.
  • Share:
    • Facebook
    • Google Buzz
    • Digg
    • LinkedIn
    • StumbleUpon
    • del.icio.us
    • Google Bookmarks
    • Live
    • Posterous
    • Reddit
    • Technorati
    • Tumblr
    • email

    Related posts:

    1. Metro-Chicago sales down, prices up in February
    2. Chicago-area sales volume, prices up sharply year-over-year
    3. January home sales slumped, prices rose in Chicago metro
    4. Chicago-area sales, prices rise in December

    Leave a Comment

    Previous Post:

    Next Post: