We Value Bloomington-Normal

According to IAR's June home sales report, the Illinois median home sale price was $215,000, up 1.1 percent from $212,600 one year earlier.

Year-to-date sales were down 15.2 percent to 72,551 homes sold January through June 2007 compared to 85,567 homes sold during the same period last year.

“In Illinois we see home prices holding their own as the housing market transitions back to a normal pace of business and despite widespread reporting of subprime issues and foreclosure rates. Buyers seem to be in a ‘wait-and-see’ mode, yet this is an excellent opportunity to take advantage of a large selection of homes to choose from and interest rates that are even lower than last year at this time,” said IAR President Robert Zoretich.