Illinois Market Trends for 2016

By
Real Estate Agent with RE/MAX Suburban

In Illinois, home spent less time on the market than in years past. 

The average sales price is up which is great for our state's recovery process.  

The total number of sales is also up BUT .... inventory is down 15% from 2015. We need inventory so we can have more sales!

 

Call me to discuss either buying or selling!

 

illinois real estate trends 2016

Posted by

 

lyn sims remax suburban  Lyn Sims    Schaumburg IL Area    Northwest Chicago Suburbs  ●  (847)230-7324
 
 
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Comments (5)

Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for taking the time to share this information.  This is exactly what buyers and sellers need to make informed market decisions!

Jan 28, 2017 12:55 PM
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Thanks Jim Crawford for stopping by to check out IL.

Jan 28, 2017 03:12 PM
Yolanda Cordova-Gilbert
Richmond, TX

Lyn,

 I expect with less inventory the prices are up, hopefully you will get more inventory to pick up your market! 

Jan 30, 2017 08:17 AM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I absolutely love your infographic, Lyn Sims!  Great information in one great graphic.  I agree with Yolanda Cordova-Gilbert - and am with you on the low inventory - we need more to pick up our markets!!  

Feb 02, 2017 11:07 PM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

This continues to be the #1 complaint I hear, Lyn Sims ... from clients and professionals alike.  Hopefully your phone is ringing with new Sellers ...

Gene

Feb 05, 2017 12:42 PM

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