The Illinois Association of REALTORS (IAR) has just released the September 2007 sales report for Illinois statewide sales. Statewide, median home prices for Illinois edged up 0.8% and the average sales price went up 4.6%. You can read the press release from the Illinois Association of REALTORS here.
According to the Illinois Association of REALTORS, the average sales price for a Chicago area home in September was $327,855, up 5.9 percent from $309,710 in September 2006.
For Barrington real estate, according to information from the Multiple Listing Service, detached single family Barrington home sales in area 10 (60010 zip code) edged up about 3% for September of 2007 in comparison to September of 2006. For Barrington real estate market stats for September of 2007, you can visit our Barrington real estate report.
According to the latest sales report from the National Association of REALTORS, the Midwest and the Northeast were the only regions that showed average sales price increases in the United States with the Midwest showing a 1.4% increase and the Northeast showing a 0.5%.
Average sales prices for the Western Region of the United States dropped 8.8% and for the United States as a whole dropped 4.2%. You can View the Chart provided by the National Association of REALTORS Here.
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