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Illinois home prices show solid gains in July. Sales decline
SPRINGFIELD, Ill. — Illinois homes sold faster and for more money in July, but lower housing inventory drove year-over-year sales lower, according to Illinois REALTORS®.
Statewide home sales (including single-family homes and condominiums) in July 2017 totaled 15,677 homes sold, down 4.3 % from 16,375 in July 2016.
The statewide median price in July was $210,000, up 5.8 % from July 2016, when the median price was $198,500. The median is a typical market price where half the homes sold for more and half sold for less.
„For more than two years, Illinois’ ...
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