Chicago home sales drop 28% in June
Sales and median prices for existing homes in Chicago and the state dropped in June as the real estate market remained strained by low consumer confidence and a troubled economy.
In the nine-county Chicago market, total home sales dropped 27.9 percent to 7,656 units. The median home sale price for the Chicagoland area was $256,000 in June 2008, off 3.3 percent from $264,700 in June 2007.
In Cook County, median prices were off a slight 0.9 percent in June at $274,500 compared to $277,000 in June 2007.
Illinois home sales, which include single-family homes and condominiums, were down 27 from a year ago to 11,643 units, according to the Illinois Association of Realtors latest report.
Like this story? Get daily updates and alerts of big news events. Enter your e-mail address:
Comments
What do you know about this?
Posts from our sponsors
-
Dream Town Realty:
1038 W. Balmoral #1G - Beautiful Edgewater Condo —
1038 W. Balmoral #1G - Edgewater Real Estate. Price: $174,900 . 2 BR, 1 BA. Recently remodeled over sized 2BR garden in gated vint ctyd bldg.
What the Citizens are saying
RepSheet
Look up your elected representatives.



Print
E-mail




A Message to the Critical Massholes